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KENOL KOBIL .... 2012
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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murchr wrote:Have u seen the supply?  It is less than I expected GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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Jamani wrote:Quote DN.. The loss comes at a time when the company is counting on a solid performance to boost its negotiations with Swiss firm Puma Energy to buy the majority stake in the firm.
βThe group is optimistic despite the tough economic cycle, and with the ongoing potential deal between key shareholders and Puma Energy β a strategic investor β the management foresee substantial benefits crystalising upon closing of this deal,β Mr Segman said.
The oil marketer said it expects the deal to boost it in inventories management, forex exchange risk, cost of financing and better sources of products for the whole group.
Puma Energy maintains that negotiations are on course but noted that it did not have any timelines on finalising of the deal.
End Quote.. The thought that this take over may take a long time plus we were warned of losses at half year informed my decision to sell in the 15.50-16 range,the remaining 20% i had purchased in the 60-85 price range i will sell at any price above 9.50 with no losses.This hedging business can be messy,look at what it has done to a great company.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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guru, you might want to adjust your selling price, or wait it out... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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vultures have set their eyes check-out the demand BIDS 1.08M Quantity Price Splits Time 20,000 11.60 1 09:55:18 10,000 11.50 1 09:55:18 15,000 11.00 2 09:55:18 5,000 10.50 1 09:55:18 1.03M 10.00 3 09:55:18 ASKS 634,800 Quantity Price Splits Time 322,400 14.00 5 09:55:18 22,000 14.40 1 09:55:18 45,000 14.50 1 09:55:18 15,000 14.75 1 09:55:18 11,000 14.90 1 09:55:18 TRADES Quantity Price Time 2,500 14.00 09:32:03 500 14.90 09:30:01 2,000 14.90 09:30:01 - - - - - -
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Many people made their cash but greed won't let them sell. I still wonder what people were doing holding this counter at 15/-. Right now if I'm Puma, I wouldn't pay more than 13/- a share! Why should I while I'm coming in as the messiah? It makes business sense. BBI will solve it :)
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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youcan'tstopusnow wrote:murchr wrote:Have u seen the supply?  It is less than I expected Its not an hr since trading began "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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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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2012 wrote: Right now if I'm Puma, I wouldn't pay more than 13/- a share! Why should I while I'm coming in as the messiah? It makes business sense. And as Puma you might not meet you wish for a compulsory take over.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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2012 wrote: Right now if I'm Puma, I wouldn't pay more than 13/- a share! Why should I while I'm coming in as the messiah? It makes business sense. And as Puma you might not meet you wish for a compulsory take over.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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Jus wondering where @gurus supply of 13.50 is  @SufficientlyP
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Jamani wrote:vultures have set their eyes check-out the demand BIDS 1.08M Quantity Price Splits Time 20,000 11.60 1 09:55:18 10,000 11.50 1 09:55:18 15,000 11.00 2 09:55:18 5,000 10.50 1 09:55:18 1.03M 10.00 3 09:55:18 ASKS 634,800 Quantity Price Splits Time 322,400 14.00 5 09:55:18 22,000 14.40 1 09:55:18 45,000 14.50 1 09:55:18 15,000 14.75 1 09:55:18 11,000 14.90 1 09:55:18 TRADES Quantity Price Time 2,500 14.00 09:32:03 500 14.90 09:30:01 2,000 14.90 09:30:01 - - - - - -
PUMA? "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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