[quote=The optimist]Impressive results.
I notice total assets declined from 28Bn(2013) to 23.9Bn(2014)[/quote]
Interesting observation, I wish someone could come with an explanation.

[quote=h2s][quote=The optimist]Impressive results.
I notice total assets declined from 28Bn(2013) to 23.9Bn(2014)[/quote]
Interesting observation, I wish someone could come with an explanation. [/quote]
Reduction in inventories [good] which brought in cash [good] which was used to reduce debt [good]. You could buy the same volume of fuel with fewer shillings in Dec 2014 vs Dec 2013. There will be further benefits (of low prices) in1Q 2015 as indicated in the commentary.

[quote=VituVingiSana]2+ mn traded at 10.10 but the overall trades exceed 3mn shares as of 10.30am.[/quote]
the results have achieved the objective of building confidence going by that volume trading at a level previously seen as a strong barrier

[quote=VituVingiSana]4.12 million traded 11.10am... Who is selling? That is worrisome.[/quote]
I'm wondering :-(

The bottom line has been fattened by savings made from cost cutting measures...beyond that, KK has no growth potential....right time to exit the counter, and await for Q1 results