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KENOL KOBIL .... 2012
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mwekez@ji
#2141 Posted : Monday, October 01, 2012 10:15:12 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mlennyma wrote:
Even if due diligence is over,kk is barred by courts from making any progress/announcements on the matter...until the court lifts this ban,continue guessing.


#A luta continua, vitória é certa
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Jamani
#2142 Posted : Monday, October 01, 2012 7:19:12 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Court cases continue to come up.

Oil marketer KenolKobil is demanding Sh119.3 million ($1.4 million) from the Kenya Petroleum Refineries Ltd as compensation for losses incurred following failure by the refinery to issue a letter of credit for the import of crude oil in August. This led to cancellation of the tender.

http://www.nation.co.ke/...68/-/hx6l2k/-/index.html
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VituVingiSana
#2143 Posted : Monday, October 01, 2012 7:22:57 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
[quote=Jamani]Court cases continue to come up.

Oil marketer KenolKobil is demanding Sh119.3 million ($1.4 million) from the Kenya Petroleum Refineries Ltd as compensation for losses incurred following failure by the refinery to issue a letter of credit for the import of crude oil in August. This led to cancellation of the tender.

http://www.nation.co.ke/...8/-/hx6l2k/-/index.html[/quote]
Ka-ching! Ka-ching!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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guru267
#2144 Posted : Monday, October 01, 2012 7:29:56 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
1st Oct. 2012 came & went without a word Sad

Mark 12:29
Deuteronomy 4:16
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mlennyma
#2145 Posted : Monday, October 01, 2012 7:33:32 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The last panic is yet to come.
"Don't let the fear of losing be greater than the excitement of winning."
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Jamani
#2146 Posted : Monday, October 01, 2012 7:34:00 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
guru267 wrote:
1st Oct. 2012 came & went without a word Sad


Because of cases kortini mum, lakini kanatokota taratibu tu
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QD
#2147 Posted : Tuesday, October 02, 2012 10:08:07 AM
Rank: Member

Joined: 8/5/2009
Posts: 597
the wait to much, got in at 9.85 wants to exit now at the 15.15 not much though.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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VituVingiSana
#2148 Posted : Tuesday, October 02, 2012 10:11:43 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
I have not heard how the hearing went re: KPC 'blocking' the takeover. Some of these judges are battling for their 'positions' including the ones hearing the KK cases. This is going to be a problem as these cases languish in court.

One of the judges had 200+ judgments not delivered. Crazy!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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hisah
#2149 Posted : Tuesday, October 02, 2012 12:14:23 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mlennyma wrote:
The last panic is yet to come.

The next panic episode will be squeaky than the last one. I expect the nexr shakeout to last a bit longer but with a slow mo price dip. Then the deal news should see a gap up of double digit gains. Hydrocarbon M&A deals are ulcer centrals. Get used to the volatility.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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the deal
#2150 Posted : Tuesday, October 02, 2012 3:55:03 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Patience is the key word here.
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259 Pages«<213214215216217>»
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