But the whole brothe is stired in Kenya!!!
Wish all guys who love KK a Merry Xmas and a waiting 2015 year of better DVDDs

Another opinion on Business Daily, I wonder if it is valid as I no longer trust our papers!!!!!!!!!!!!!
http://www.businessdaily...8/-/v84ykuz/-/index.html

What do you mean final year ending 2014 or you meant final quarter?

When the year closes, and as yo say, the company takes stock of all assets and liabilities. They then embark on preparing the final books of accounts. This may take sometimes depending on company's systems, operating procedures and approval processes. The account are then submitted to the external auditor, who have to confirm them. The process may be long is the auditor raises issues. Once the auditors give their opinion, the results are released. Given these processes, it is not practically feasible for any company to release the final accounts in Jan. Even those that release theirs in the month of Feb/Mar are those with superior systems such that by the time they close the year, their financials are more or less ready.

Year end closing has no relationship to stock taking. Stock taking is done at any time, to verify physical stocks. Books closure can rely on booked items, which auditors check on a test basis to ascertain correctness. With good verifiable systems you don't have to stock take at year end.

Sub 8.9...action will come in from Feb..get in now if you can...

Am about to get back in on this play. I saw someone buy at 8.6 and hopefully a 8.5 will print tomorrow

If nothing else KK should benefit from lower oil prices as it (like other OMCs) sell cheaper fuel at higher prices (coz ERC formula lags) BUT it can suffer if oil prices start rising.

2014 is done. I hope they have made the turnaround but the hard work of re-buidling the brand has started. Can Ohana and the Board guide KK to the huge (Operational) profits of days past?

Ultimately, the firm has to be sold to a deep pocketed Strategic Investor. If the books have cleaned up, can Puma return for a second look?
[This may be as a buy-out of existing shareholders or new shares issued i.e. recapitalization]

Fuel/Oil Hedges - Expired? [I think so]
Currency Hedges - Expired? [I think so]
Bad Debts - Collected or Written Off? [I doubt]

My jua kali way to look at it is to visit their stations. I see some improvement since June 2014. They stations are cleaner and stocked/wet. There is a lot that needs to be done but if progress continues a this rate then there may be hope in 2015.

Sale of KK. I hoped it was 2015 but I think it will a 2016 play. The biwotts would want clarity on the CGT.

The main funny and queer thing is having bought the last quarter oils at higher price and they are selling at lower price.
The order for 1st quarter 2015 had been placed at maybe relkatively higher price as well.
Now everyone from Mumias to Rea are preparing their FY2014 things!!!

The sellers of this thing never get tired,and the current management of kk needs to be crowned an award of keeping quiet.