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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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@muchknow - That is the problem... We have a PS who keeps on rooting for the crooks! Heck, he defended triton then claimed it was not him! kiraitu is a stench that stinks up every ministry he touches! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/6/2008 Posts: 3,558
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@VVS, KK is not that clean either, it is just poetic justice, live by the sword die by the sword, run broder, run! Meru Holiness
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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Much Know wrote:@VVS, KK is not that clean either, it is just poetic justice, live by the sword die by the sword, run broder, run! Lakini, we came in post-2002... If GoK has a legit beef against biwott (who I believe misused his position as Energy Minister) then go after Biwott & his shares i.e. let GoK take Biwott's shares in KK... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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VituVingiSana wrote:Much Know wrote:@VVS, KK is not that clean either, it is just poetic justice, live by the sword die by the sword, run broder, run! Lakini, we came in post-2002... If GoK has a legit beef against biwott (who I believe misused his position as Energy Minister) then go after Biwott & his shares i.e. let GoK take Biwott's shares in KK... Forget about Biwott, he is a shareholder like any other person save for his higher stake in the company. The problem is the high handedness of Mr Segman, the Chairman & CEO of KenolKobil. He believes he can take anybody head-on on everything. But whether he is right or not is none of my business. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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If we can go below 8, I'd be very happy to load up. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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BGL wrote:VituVingiSana wrote:Much Know wrote:@VVS, KK is not that clean either, it is just poetic justice, live by the sword die by the sword, run broder, run! Lakini, we came in post-2002... If GoK has a legit beef against biwott (who I believe misused his position as Energy Minister) then go after Biwott & his shares i.e. let GoK take Biwott's shares in KK... Forget about Biwott, he is a shareholder like any other person save for his higher stake in the company. The problem is the high handedness of Mr Segman, the Chairman & CEO of KenolKobil. He believes he can take anybody head-on on everything. But whether he is right or not is none of my business. He is right! Saying that he is high-handed when he is asking for KK's rights? That attitude in politics would have meant moi the crook would still be president! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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There is/was a Press Conference by MoE... I wonder what excuses nyoike & kiraitu are giving for the shortages that they claim are not there... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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<a"http://www.capitalfm.co.ke">oilfirms</a>
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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mjuaji wa stocks wrote:VVS....of course ....me too....that is what investment is all about....making money....ask buffet unless he has a plan of acquiring the whole company......talk of mr market and the greater fool theory!! What i am saying is ... i cant accept scare mongering when i bliv in the fundamentals of the company.....i buy like nonsense....did you get your WTK dividend cheque?....mimi bado.! I see from my account a healthy WTK cheque was deposited on Wedsday.Will find its way to the market on monday.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@cnn. Console urself on kk mess w/ some KCB . We are lookin @ 40% return in a very short time. Or will u b the greater fool and invest in a none stater that is kk. Save urself thd sorrow. Your future depends on your dreams so go to sleep !
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Rank: New-farer Joined: 6/17/2010 Posts: 71 Location: Kenya
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@qw Over what time frame do you see the 40% return. March 2011 maybe-after book closure? When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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I will continue buying KK and another industrial counter.At current prices it will give the 40% or more by April 2011.I believe in the company and you got to give it to the management that KK outlets are still up and running two months after KPRL ceased processing their crude ,and look at the pump prices(not limited to KK),they are still making money!.I feel the other big players are backing KK.That said KCB also looks good.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@shauriyako. Thats a very big understatement. Technically speaking frm 19.00 to 24.00 resistance is a 40% return. There's no other resistance btwn that price range. KCB all the way ... Your future depends on your dreams so go to sleep !
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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qw25041985 wrote:@shauriyako. Thats a very big understatement. Technically speaking frm 19.00 to 24.00 resistance is a 40% return. There's no other resistance btwn that price range. KCB all the way ... Tech..must be very complex.In the real world that is a 26% return,and 22% if you factor in the commissions.
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Rank: Elder Joined: 12/6/2008 Posts: 3,558
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Politics is a major part of fundamental analysis, one of the 5 key areas, if you look at a companies past performance and management, look at the TA charts or whatever, and ignore politics, well, your analysis may well fail. Your charts will never reflect a powerful politicians overnight ideas, so will the companies books not do the same. I think caution here is necessary irregardless of what other analysis point to. Meru Holiness
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Rank: Member Joined: 6/29/2006 Posts: 184
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a leader should intervene and save this situation as the ps energy seems not to care.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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cnn wrote: I will continue buying KK and another industrial counter.At current prices it will give the 40% or more by April 2011.I believe in the company and you got to give it to the management that KK outlets are still up and running two months after KPRL ceased processing their crude ,and look at the pump prices(not limited to KK),they are still making money!.I feel the other big players are backing KK.That said KCB also looks good. I totally concur with you on KCB. it has wobbled in sub 20s for far too long. It will swiftly move to the 20s very soon. Why would you want to risk on KK given the current high noise decibells?
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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nahdy wrote:a leader should intervene and save this situation as the ps energy seems not to care. The customers come first, shareholders will lag. I hope the war will end soon, else we start buying KK at 6 bob.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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VituVingiSana wrote:@muchknow - That is the problem... We have a PS who keeps on rooting for the crooks! Heck, he defended triton then claimed it was not him!
kiraitu is a stench that stinks up every ministry he touches! At this point in time we should be looking at the worst case scenario. What is the contribution of other subsidiary outlets outside Kenya to KK's bottomline? If they make more than 70% then I will buy KK at current price, else I will wait till the noise cools
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Rank: Elder Joined: 12/6/2008 Posts: 3,558
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Pkoli, maybe am wrong but i would not look beyond Kenya, its becoming difficult to outline how big Kenyas economy is, remember we have no wealth to dig up from the ground and no drop of oil like other African countries, reporting better gdp's, ours is a people driven economy, the only fast devoloping economy in a large part of Africa and bigger than some 4 or 5 our neighbour economies put together. There is probably nowhere in subsaharan Africa you can make more on petroleum. Kk kept a tanker that was refused to dock or offload at mombasa for three months before sending it to TZ, why? Meru Holiness
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