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chaliwong
#1161 Posted : Friday, December 03, 2010 9:39:14 PM
Rank: New-farer


Joined: 1/10/2010
Posts: 73
Location: kenya
"NIC Capital – a subsidiary of NIC Bank has, for instance, emerged as the new kid on the block, snatching ARM bond and Housing Finance bond from the nose of the industry top dogs and is whispered to be shepherding a multi billion bond for a listed oil marketer."

I got this phrase from the today's Daily Nations Business Daily Corporate News.
The topic was; "Old Players tighten grip on deal-making market."
Which oil Marketer could this be?? KK,Total....



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gatoho
#1162 Posted : Saturday, December 04, 2010 2:56:32 AM
Rank: Member


Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
the deal wrote:
chaliwong wrote:
I don't understand!!
Does this mean then that those who bought during the overselling, overbought???
was there overbuying?

woow clearly u gotta alot to learn my broda, whats your email i send you an e-book?




Tumia gatoho at ymail .com hio e-book pia plis.. might even buy a windhoek!
Foresight..
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Robin hood
#1163 Posted : Saturday, December 04, 2010 5:12:36 AM
Rank: New-farer


Joined: 11/1/2010
Posts: 12
Location: Nairobi
@the deal i would appreciate if u forward the e-book to my address, i.e kaguiri2000@yahoo.com thanks in advance
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sparkly
#1164 Posted : Saturday, December 04, 2010 9:15:04 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@the deal, the ebook to sparkly99@ovi.com pls
Life is short. Live passionately.
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cnn
#1165 Posted : Saturday, December 04, 2010 10:52:02 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,622
stocksmaster wrote:
@ The Deal:

The Oil marketers will examine the price regulations and do one of two things:
1. Accept them if they have enough loop holes to ensure they are impotent. Kenya as a liberalised economy cannot be seen to be having a 'price control' and hence the more friendlier term 'pricing formula'.The oil marketers seem to have been consulted on this one as they have largely remained quiet. They may have been able to milk some favourable concessions from the GoK in exchange for the 'Pricing formular'.
http://www.businessdaily...0/-/muj1e9/-/index.html

2. Go to court and ensure the guidelines are shelved if they do not favour business. Am sure the well paid lawyers of this oil marketers are up to the task. The pricing formula is a populist move by the Ministry of Energy which is partly responsible for the high fuel prices.

Happy hunting.

Did MoE publish the draconian regulations yesterday as they had said or did somebody tell Kiraitu to reason just a little bit harder?.
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youcan'tstopusnow
#1166 Posted : Sunday, December 05, 2010 7:17:40 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Oil prices reach post-crisis two-year high www.bbc.co.uk/news/mobile/business-11917152
GOD BLESS YOUR LIFE
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stocksmaster
#1167 Posted : Sunday, December 05, 2010 8:56:25 AM
Rank: Member


Joined: 9/26/2006
Posts: 451
Location: CENTRAL PROVINCE
cnn wrote:

Did MoE publish the draconian regulations yesterdaydy tell Kiraitu to reason just a little bit harder?.

According to the Saturday Standard newspaper yesterday, it didnt happen and the PS phone went answered.
Price control is not routine PS work. It must be a Cabinet level policy issue.
Happy hunting.
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VituVingiSana
#1168 Posted : Sunday, December 05, 2010 10:09:49 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
In combination with high crude oil prices & an inefficient infrastructure, GoK should LOWER taxes... but they want to blame everyone else...

Then the thieving, corrupt fools use NOCK to land diesel that is PRICIER than what private firms like KK order...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#1169 Posted : Sunday, December 05, 2010 9:29:24 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
State to issue special notice on petroleum market prices www.businessdailyafrica....8/-/n99rxrz/-/index.html
GOD BLESS YOUR LIFE
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BGL
#1170 Posted : Sunday, December 05, 2010 10:08:35 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
youcan'tstopusnow wrote:
State to issue special notice on petroleum market prices www.businessdailyafrica....8/-/n99rxrz/-/index.html


It won't work.....it will go down the Ugali way! If it does not go that route then we will have no fuel in the country....NOCK is furthering interests of i do not know whom.
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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the deal
#1171 Posted : Sunday, December 05, 2010 11:37:05 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
low fuel prices will increase volumes of business transacted resulting in a high turnover for KK...it was time Kenyan´s are suffering...l
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VituVingiSana
#1172 Posted : Sunday, December 05, 2010 11:57:45 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
the deal wrote:
low fuel prices will increase volumes of business transacted resulting in a high turnover for KK...it was time Kenyan´s are suffering...l

A 2/- drop in prices will not boost sales sufficiently to overcome losses in margins! I would like to see the formula first... As for high prices... what are the taxes? 40/-...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#1173 Posted : Monday, December 06, 2010 12:39:59 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
the deal wrote:
low fuel prices will increase volumes of business transacted resulting in a high turnover for KK...it was time Kenyan´s are suffering...l

A 2/- drop in prices will not boost sales sufficiently to overcome losses in margins! I would like to see the formula first... As for high prices... what are the taxes? 40/-...

I like the SA way...that´s what we use back home..pump price correlating international oil prices´s...anyways like you say lets wait for the formulas but anything short of that i expect a backlash tomorrow both for GOK from oil companies and for investors...anyways let me sleep got class tomorrow...hoping for the bestsmile smile smile
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sean_george
#1174 Posted : Monday, December 06, 2010 12:31:41 PM
Rank: New-farer


Joined: 11/18/2010
Posts: 12
Location: Kenya
The fine for non-compliance is 1 million - They'll recover this in a day and charge high prices for a whole month

The Govt cant afford to de-license a mojor retailier because that would bring shortages, so it'll keep fining them.

Bottom line - either Govt increase the fine, or prices remain high.
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VituVingiSana
#1175 Posted : Monday, December 06, 2010 1:21:27 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
KK has released a Press Statement.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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nahdy
#1176 Posted : Monday, December 06, 2010 1:56:12 PM
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Joined: 6/29/2006
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stocksmaster
#1177 Posted : Monday, December 06, 2010 2:18:13 PM
Rank: Member


Joined: 9/26/2006
Posts: 451
Location: CENTRAL PROVINCE
nahdy wrote:
http://www.kenolkobil.com/home/index.php?active_page_id=&id=250&PHPSESSID=a2703026a83fb7d191e43aec79734d6f


Seems the energy PS is at it again........Says they have consulted the oil marketers on the price regulations when they have not! He should borrow a leaf from the communications PS on this and appoint third party/neutral proffessionals since the ministry of energy through NOCK is a competitor.

I dont think this price regulations will work. More energy needs to be channelled towards improving efficiency in the oil infrastructure. The rules will easily be challenged in the courts by the oil marketers.

Happy hunting.
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yaserbigchair
#1178 Posted : Monday, December 06, 2010 2:36:40 PM
Rank: Member


Joined: 7/19/2006
Posts: 118
Location: Mombasa
Its Only good for companies when the oil price go up!

But this Government puts a lot of pressure to other companies.

Its good to Consumers but not to Investors!

Why doesn't the body first control the ever fluctuating KPLC bills???

I used to pay 1,500 then it went up to 4,800 then down to 1,800 and my latest bill reads 2,800.

ERC SHOULD FOLLOW KPLC'S bills STEP BY STEP!
Sound that I love most: Is the ringing bell of Stock Market.
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youcan'tstopusnow
#1179 Posted : Tuesday, December 07, 2010 10:48:23 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Engen targets 100 outlets in expansion plan www.businessdailyafrica....22/-/cmaqo5/-/index.html
GOD BLESS YOUR LIFE
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VituVingiSana
#1180 Posted : Tuesday, December 07, 2010 11:25:11 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
yaserbigchair wrote:
ERC SHOULD FOLLOW KPLC'S bills STEP BY STEP!
Hating on KPLC will not mean it will drop to 15/-... BTW, please pay your stima bills on time...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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