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Kenol Kobil deal off!
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mlennyma
#151 Posted : Friday, July 12, 2013 8:24:50 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Optimism in reporting season may carry everything up.
"Don't let the fear of losing be greater than the excitement of winning."
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mufasa
#152 Posted : Friday, July 12, 2013 11:59:08 AM
Rank: Member

Joined: 4/15/2008
Posts: 238
Firms that might follow Access Kenya out of the NSE

1. KK
2. MSc
3. KQ

NB/= Not based on any facts, save for the trends that look alike.
Do it today! Tomorrow is promise to no-one.
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  | | Edit by user: Friday, July 12, 2013 12:03 PM | Reason: Not specified
mwekez@ji
#153 Posted : Friday, July 12, 2013 5:43:09 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
State steps in to solve KenolKobil - KPRL row

The minister has said that the government cannot allow such a major investor like KenolKobil to collapse since it will dent the image of the country. The company has also employed many Kenyans, Energy and Petroleum cabinet secretary Davis Chirchir noted. He said a solution must be found in the next one or two weeks.

http://www.the-star.co.ke/news/...olve-kenolkobil-kprl-row
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  | | Edit by user: Friday, July 12, 2013 5:46 PM | Reason: Not specified
Cde Monomotapa
#154 Posted : Friday, July 12, 2013 5:50:30 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
What happens in Naxvegas, stays in Naxvegas??
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Realtreaty
#155 Posted : Friday, July 12, 2013 9:20:45 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
mufasa wrote:
Firms that might follow Access Kenya out of the NSE

1. KK
2. MSc
3. KQ

NB/= Not based on any facts, save for the trends that look alike.

Liar Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere!
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mufasa
#156 Posted : Saturday, July 13, 2013 11:04:06 AM
Rank: Member

Joined: 4/15/2008
Posts: 238
Realtreaty wrote:

Liar Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere!


At one point Puma energy wanted to buy off access Kenya. well, its currently trading at a bargain.

MSc and KQ are BIG co.'s and have very attractive prices right now for a lucrative buyer who wants majority shareholding.
Do it today! Tomorrow is promise to no-one.
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Jamani
#157 Posted : Saturday, July 13, 2013 1:29:16 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
mufasa wrote:
Realtreaty wrote:

Liar Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere!


At one point Puma energy wanted to buy off access Kenya. well, its currently trading at a bargain.

MSc and KQ are BIG co.'s and have very attractive prices right now for a lucrative buyer who wants majority shareholding.


Can't recall Puma wanting to buy access Kenya..... Ak is suspended from trading awaiting a better offer than 14 or Dimension data takes it at that price, after EGM in August.
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Afroblk
#158 Posted : Saturday, July 13, 2013 11:09:00 PM
Rank: New-farer

Joined: 3/3/2010
Posts: 79
KenolKobil now selling assets! This is not good at all. Kisumu depot is one of their important depots for that region.

http://www.theeastafrica.../0/-/287gw7/-/index.html
Knowledge is contagious...Infect truth!
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murchr
#159 Posted : Saturday, July 13, 2013 11:13:06 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mufasa wrote:
Realtreaty wrote:

Liar Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere!


At one point Puma energy wanted to buy off access Kenya. well, its currently trading at a bargain. d'oh!

MSc and KQ are BIG co.'s and have very attractive prices right now for a lucrative buyer who wants majority shareholding.


You need to do some more research @mufasa.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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VituVingiSana
#160 Posted : Sunday, July 14, 2013 5:19:50 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Kausha wrote:
For those who were at the kenol CP forum yesterday, you got an assurance from the Group CEO - Ohana that they will be profitable this year certainly.

On the article, it appears it's the work of the enemies. The OTS matters is before the ERC and will be resolved very shortly.

Although my selfish reason would be for the OTS matter not to be resolved. It just allows Kenol to import their fuel efficiently and bypass the KPC ullage and KPRL, saving the extra chums spent at KPRL for no value add.
Bingo! In a weird sense, KK may make more per liter as is does NOT pick up the pricier KPRL fuel!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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