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KENOL-KOBIL 2014
Realtreaty
#11 Posted : Tuesday, December 31, 2013 7:12:30 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Guess what, expect either a bonus share of 1:10 or a DVD of 60cents a share this season.Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Aguytrying
#12 Posted : Wednesday, January 01, 2014 12:00:34 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Realtreaty wrote:
Guess what, expect either a bonus share of 1:10 or a DVD of 60cents a share this season.Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


where's this coming from. that div looks very unlikely. the only way that can happen is PAT of 1.5bn++. and after last years loss I would expect a less conservative dividend regime going forwards
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#13 Posted : Thursday, January 02, 2014 10:45:56 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
A bonus is more likely than a dividend when KK is trying to reduce its debt levels. I am not saying there is a bonus [which is a waste of time & resources coz of costs distributing it]...

A better 'result' would be to have a positive OPERATIONAL profit [& a PAT after deducting gains from sale of properties] ... A positive PAT [from operations] would benefit KK's share price.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#14 Posted : Thursday, January 02, 2014 10:47:10 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
And a Wonderful New Year to KK ... Now sell the firm at 12/- or better ... Pap!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
2012
#15 Posted : Thursday, January 02, 2014 6:23:50 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Remember that they also sold some assets but I doubt they'll pass any of that to the shareholders. I haven't seen any news on KK participating in the lucrative open tender from when they were admitted back. That to me might be a bit of a red flag meaning they're still a risk to financial lenders who would leverage them to participate. They'll need to do a cash call and I don't know from whom.

BBI will solve it
:)
guru267
#16 Posted : Thursday, January 02, 2014 8:36:27 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
And a Wonderful New Year to KK ... Now sell the firm at 12/- or better ... Pap!


Break even point??
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#17 Posted : Friday, January 03, 2014 2:27:14 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
And a Wonderful New Year to KK ... Now sell the firm at 12/- or better ... Pap!


Break even point??
No, I don't care for 'break-even' since it is not a measure that one should use. The assets + potential in the current market = 12/- ... though I may change/modify my view depending on the Operational PAT. I don't care much about the Asset Sales except for the use of the funds.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mkeiy
#18 Posted : Friday, January 03, 2014 7:36:35 AM
Rank: Member

Joined: 1/27/2012
Posts: 851
Location: Nairobi
2012 wrote:
Remember that they also sold some assets but I doubt they'll pass any of that to the shareholders. I haven't seen any news on KK participating in the lucrative open tender from when they were admitted back. That to me might be a bit of a red flag meaning they're still a risk to financial lenders who would leverage them to participate. They'll need to do a cash call and I don't know from whom.


@2012. When did they do that and what did they sell? Were the proceeds significant?
FUNKY
#19 Posted : Friday, January 03, 2014 9:07:29 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
They had decided to sell their non core assets to reduce their debt levels!
Sober
#20 Posted : Friday, January 03, 2014 10:33:35 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Supply is currently at 10.20 while demand at 9.70
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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