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KENOL: The selling foreigner
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winston
#21 Posted : Thursday, August 05, 2010 3:23:25 PM
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The foreigner is doing all those who missed out on (@vvs praising and defending) the stock a favour...let him/she continue as more wazuans board.

Once the other rallies are done (or before they are), investors will turn to this counter with a vengeance!

Of court cases...on numbers - if case goes against KK, it will pay a few millions, but if KK wins the cases, it stands to gain billions from KPC & KPRL. Whichever way the cases go, there will be little NEGATIVE financial impact on KK.

Methinks the only way for this share is up.
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VituVingiSana
#22 Posted : Thursday, August 05, 2010 3:50:23 PM
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winston wrote:
The foreigner is doing all those who missed out on (@vvs praising and defending) the stock a favour...let him/she continue as more wazuans board.

Once the other rallies are done (or before they are), investors will turn to this counter with a vengeance!

Of court cases...on numbers - if case goes against KK, it will pay a few millions, but if KK wins the cases, it stands to gain billions from KPC & KPRL. Whichever way the cases go, there will be little NEGATIVE financial impact on KK.

Methinks the only way for this share is up.
AMEN!!! I bought a few more... My only problem is the lack of cash!

Also... I don't care about the immediate short-term... but I plan to wait upto 2 years (mid-2012)... so I hope the cases will have gone in KK's favor...!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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PKoli
#23 Posted : Thursday, August 05, 2010 4:27:20 PM
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I do not understand the regulatory regime for oil companies in other African countries where KK has ventured into. That could be the only undoing. Else why would multinationals exit the African market?
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qw25041985
#24 Posted : Thursday, August 05, 2010 5:03:11 PM
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I'd love buy this stock big but i guess sugar is sweeter than oil.
Your future depends on your dreams so go to sleep !
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youcan'tstopusnow
#25 Posted : Thursday, August 05, 2010 6:12:34 PM
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qw25041985 wrote:
I'd love buy this stock big but i guess sugar is sweeter than oil.

That I agree whth you
GOD BLESS YOUR LIFE
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hmsbarman
#26 Posted : Thursday, August 05, 2010 8:03:06 PM
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yap! this is the time to go for kk!!
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VituVingiSana
#27 Posted : Friday, August 06, 2010 5:53:08 AM
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PKoli wrote:
I do not understand the regulatory regime for oil companies in other African countries where KK has ventured into. That could be the only undoing. Else why would multinationals exit the African market?
MNCs need huge set-ups coz they have managers for everything... And these guys are well-paid with club memberships!

KK runs a lean operation with fast decision-making & less top-bottom layers... Or so I think!

Anyway, I like KK... it will NOT be a smooth ride in all the countries (see recent Zimbabwe debacle) but they are growing in the fast-growth countries.

Kenya's economic growth lags our neighbours... so better margins + growth for KK elsewhere...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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winston
#28 Posted : Friday, August 06, 2010 4:06:43 PM
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VituVingiSana wrote:
PKoli wrote:
I do not understand the regulatory regime for oil companies in other African countries where KK has ventured into. That could be the only undoing. Else why would multinationals exit the African market?
MNCs need huge set-ups coz they have managers for everything... And these guys are well-paid with club memberships!

KK runs a lean operation with fast decision-making & less top-bottom layers... Or so I think!

Anyway, I like KK... it will NOT be a smooth ride in all the countries (see recent Zimbabwe debacle) but they are growing in the fast-growth countries.

Kenya's economic growth lags our neighbours... so better margins + growth for KK elsewhere...


Plus - Multinationals have both downstream and upstream operations. Upstream margins are higher and more attractive for them and they would therefore prefer to cut downstream and retain upstream when there is pressure on profitability.
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winston
#29 Posted : Friday, August 06, 2010 4:12:14 PM
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KK has often cited the inefficiencies of KPC & KPRL as impacting on their operations. This is set to change with KPC's intention to lay a new line from Nairobi to Western Kenya and the Eldoret-Kampala line (Joint venture of Kenya Uganda Oilibya). Further KPC increased is pumping capacity from MSA to NBI.

Once completed KK's distribution costs will fall and sales will increase due to higher fuel availability in Nairobi and western Kenya.
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qw25041985
#30 Posted : Friday, August 06, 2010 4:23:26 PM
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The overhang of shares has never been cleared ?
Your future depends on your dreams so go to sleep !
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VituVingiSana
#31 Posted : Friday, August 06, 2010 4:36:31 PM
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winston wrote:
KK has often cited the inefficiencies of KPC & KPRL as impacting on their operations. This is set to change with KPC's intention to lay a new line from Nairobi to Western Kenya and the Eldoret-Kampala line (Joint venture of Kenya Uganda Oilibya). Further KPC increased is pumping capacity from MSA to NBI.

Once completed KK's distribution costs will fall and sales will increase due to higher fuel availability in Nairobi and western Kenya.
This will take too long... 2 years at least...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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cnn
#32 Posted : Friday, August 06, 2010 4:42:53 PM
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@qw,i will complete the mop up on Monday.
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mv_ufanisi
#33 Posted : Friday, August 06, 2010 5:17:30 PM
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The selling foreigner was still in action today though at about 14%. Not too bad. I expect this share to recover in the 3rd quarter. It has been trying times for shareholders though - great prospects + negative publicity = stagnation. An interim dividend would have excited the market. I finally get my dividend after Deloitte "misplaced" my cheque. The things registrars do!
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youcan'tstopusnow
#34 Posted : Friday, August 06, 2010 5:43:01 PM
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cnn wrote:
@qw,i will complete the mop up on Monday.

Laughing out loudly Laughing out loudly
GOD BLESS YOUR LIFE
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2012
#35 Posted : Friday, August 06, 2010 5:43:46 PM
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mv_ufanisi wrote:
An interim dividend would have excited the market.


I think it's still possible. Crossing my fingers...

BBI will solve it :)
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VituVingiSana
#36 Posted : Saturday, August 07, 2010 9:34:11 AM
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Why would they pay an interim dividend now? I think KK will wait till EOY since they need the cash to fight off KPC/KPRL/MoE by keeping larger than normal fuel stocks as well as expansion.

I think they have something cooking in Mozambique...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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PKoli
#37 Posted : Sunday, August 08, 2010 2:52:35 AM
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2012 wrote:
mv_ufanisi wrote:
An interim dividend would have excited the market.


I think it's still possible. Crossing my fingers...


If it ever came, I doubt if it will be more 30cts
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guru267
#38 Posted : Sunday, August 08, 2010 8:36:14 AM
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PKoli wrote:
2012 wrote:
mv_ufanisi wrote:
An interim dividend would have excited the market.


I think it's still possible. Crossing my fingers...


If it ever came, I doubt if it will be more 30cts

@pkoli 30cents will mean a 3% yield on an interim dividend which is alot...
Mark 12:29
Deuteronomy 4:16
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Gordon Gekko
#39 Posted : Sunday, August 08, 2010 12:26:37 PM
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KK actually paid a 'special' interim dividend in 2008, so a one off dividend pending a year end dividend will not be new to them.
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VituVingiSana
#40 Posted : Sunday, August 08, 2010 8:25:26 PM
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Gordon Gekko wrote:
KK actually paid a 'special' interim dividend in 2008, so a one off dividend pending a year end dividend will not be new to them.
That was the whole point... They had extended the 'Fiscal Year' to 15 months thus the special dividend... Then there was a small dividend to 'even up' the acquisition of Kobil
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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