wazua Fri, Jan 31, 2025
Welcome Guest Search | Active Topics | Log In | Register

3 Pages123>
KENOL: The selling foreigner
Options
Previous Topic · Next Topic
mv_ufanisi
#1 Posted : Tuesday, August 03, 2010 12:19:16 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
The selling foreigner at KENOL is stopping this bus from taking off. Everyday for about 2 months now - there has beena net sale by foreigners of about 40%-50% on average. With ready supply, the price isn't going anywhere.
If it's one foreigner selling, he/she must have had a huge holding in the stock! Should I be worried? The other buses are already moving.
Back to top
 Report Abusive | Report SPAM
qw25041985
#2 Posted : Tuesday, August 03, 2010 12:29:00 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
@mv. Make you life simple. What ar' the fundermentals of Everready ?? Do u see growth ahead. Coz i dnt. Sell your holding and buy growth orientd stocks. Mumias sugar comes up fast ...
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
the deal
#3 Posted : Tuesday, August 03, 2010 12:54:44 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
HAHAHAHA SELL THE LOSERS....LET THE WINNERS RUUUN....
Back to top
 Report Abusive | Report SPAM
mv_ufanisi
#4 Posted : Tuesday, August 03, 2010 12:54:44 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
qw25041985 wrote:
@mv. Make you life simple. What ar' the fundermentals of Everready ?? Do u see growth ahead. Coz i dnt. Sell your holding and buy growth orientd stocks. Mumias sugar comes up fast ...


@qw Thanks for the advice. I will get out after referendum. KENOL stock has been throwing me off balance too many times with all the drama.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#5 Posted : Tuesday, August 03, 2010 12:59:45 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
@mv - Buy value... If there is value... it will show up in the future!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
mv_ufanisi
#6 Posted : Tuesday, August 03, 2010 1:05:43 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
VituVingiSana wrote:
@mv - Buy value... If there is value... it will show up in the future!


I've actually already profited from this baby. The problem is the opportunity cost of holding on this one while the rest of the buses are moving. It's hard to overcome KPRL issues, Court Issues, MoE issues while the foreigners are selling the stock everyday.
Today alone they've sold 60% of about 20million. Who knows how much more they want to sell?
Back to top
 Report Abusive | Report SPAM
the deal
#7 Posted : Tuesday, August 03, 2010 1:06:54 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@mv instead of selling...buy more from the Foreigner...nxt tym u will hear me saying lets buy KK....theres value here...this thing is a multinational....but for Now let the Winners Run maaan pole pole.....
Back to top
 Report Abusive | Report SPAM
subaru
#8 Posted : Tuesday, August 03, 2010 1:11:04 PM
Rank: Member


Joined: 3/15/2010
Posts: 391
Location: nairobie
a foreigner is selling large chunks may be there is smoke
Back to top
 Report Abusive | Report SPAM
mv_ufanisi
#9 Posted : Tuesday, August 03, 2010 1:17:03 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
subaru wrote:
a foreigner is selling large chunks may be there is smoke


Annoying foreigner should have negotiated a deal to sell to a large buyer in a large chunk and spared us the over supply by selling on the open market.

Anyhow I can always get out of the counter as well.
Back to top
 Report Abusive | Report SPAM
Gatheuzi
#10 Posted : Tuesday, August 03, 2010 1:18:49 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
KK will eventually have its day. It may not be today or tommorrow but once the KPRL issue is settled, this kid will rock. Last time I checked it was trading below its NAV.

If my buses keep moving at the current speed, I will take some of the profits n u guessed me right... get into KK.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Back to top
 Report Abusive | Report SPAM
mv_ufanisi
#11 Posted : Tuesday, August 03, 2010 1:24:16 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
Gatheuzi wrote:
KK will eventually have its day. It may not be today or tommorrow but once the KPRL issue is settled, this kid will rock. Last time I checked it was trading below its NAV.

If my buses keep moving at the current speed, I will take some of the profits n u guessed me right... get into KK.


I'll be selling after referendum - kwa hivyo tayarisha pesa. haha
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#12 Posted : Tuesday, August 03, 2010 1:42:29 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
I am staying put... Why?

YES means more confidence & increased demand for fuel. Just what it is.

KK is also growing fast. New subsidiary in Mozambique set up to exploit the regional demand. Don't forget expansion in Burundi, Rwanda & DRC (via Rwanda)...

Aviation in East Africa is booming (see KQ) & this means sales of Jet A-1 is up as well...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#13 Posted : Tuesday, August 03, 2010 2:56:18 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
KENOL has a lot of clouds hanging over their heads in the form of court cases. No one knows in who's favour the judgements will be. We can only hope. But once these cases are done away with, investors can move on from there
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#14 Posted : Tuesday, August 03, 2010 3:11:06 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
youcan'tstopusnow wrote:
KENOL has a lot of clouds hanging over their heads in the form of court cases. No one knows in who's favour the judgements will be. We can only hope. But once these cases are done away with, investors can move on from there
Don't hold your breath while you wait!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Kamaa
#15 Posted : Tuesday, August 03, 2010 3:45:05 PM
Rank: Veteran


Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
@ mv

foreigners are selling...YES!

who's buying...?
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#16 Posted : Thursday, August 05, 2010 1:49:22 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,136
Location: Nairobi
@kamaa - I am buying (well, just what I can afford!) Bought @ 10.25 & waiting for more...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
qw25041985
#17 Posted : Thursday, August 05, 2010 2:11:33 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
This is a very classic example of a growth stock . Their "go south" strategy will pay dividends and thus counter the low oil prices being forecastd in the coming years. ..... I wish the price cld just go down abit .
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
sparkly
#18 Posted : Thursday, August 05, 2010 11:06:45 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
qw25041985 wrote:
This is a very classic example of a growth stock . Their "go south" strategy will pay dividends and thus counter the low oil prices being forecastd in the coming years. ..... I wish the price cld just go down abit .

@qw if you think the stock is a good investment buy now. Trust me, the price will never fall to what you desire.
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
ProverB
#19 Posted : Thursday, August 05, 2010 12:54:03 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
qw25041985 wrote:
This is a very classic example of a growth stock . Their "go south" strategy will pay dividends and thus counter the low oil prices being forecastd in the coming years. ..... I wish the price cld just go down abit .


DUDE...what the heck is a "growth stock"???
..for one..a growth stock should atleast have an year on year ROE of AT LEAST 15 % over last 3 years..and that is just ONE factor..not considering super profits etc...

dividend payouts impede this coz that is money that could be re invested!

just because a company is expanding does not qualify it being a growth stock! AAAI!!!! Yawa!

Look.. in our market.. if out of every Ksh1 collected in revenue, 45% or more of it is retained as earnings...consider that a growth stock..especially if most of it is re invested to grow revenues...

KK moving south does not necessarily qualify it as a growth stock... international oil firms seem to be fleeing Kenya to better markets..our environment is such that to survive.. KK has to look for new markets...

wait for returns from such endeavors before calling it a growth stock.. well unless by growth stock you mean company expansion... LoL!
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
 Report Abusive | Report SPAM
trizher
#20 Posted : Thursday, August 05, 2010 2:19:55 PM
Rank: New-farer


Joined: 5/23/2010
Posts: 95
Location: Tikrit - IRAQ
. . .just bagged sum 2day. . . . .no hurry Chillaxing 4 now!!
...We do it for the $$$$!!
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
3 Pages123>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.