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Profit Warnings
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jirani
#1 Posted : Thursday, September 13, 2012 5:18:25 PM
Rank: Hello

Joined: 8/17/2012
Posts: 9
whats up with all these profit warning in NSE? KenolKobil,Longhorn Kenya Ltd,Sasini,AccessKenya.......Sad Sad Sad Sad who's next!
Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game.
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FUNKY
#2 Posted : Thursday, September 13, 2012 5:20:31 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
It's only Kengen,KPLC and Unga who are yet to announce their results if i am not wrong!
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dave.kim
#3 Posted : Thursday, September 13, 2012 5:47:07 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
jirani wrote:
whats up with all these profit warning in NSE? KenolKobil,Longhorn Kenya Ltd,Sasini,AccessKenya.......Sad Sad Sad Sad who's next!

When did access issue a warning??
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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Behemoth
#4 Posted : Thursday, September 13, 2012 5:52:03 PM
Rank: Member

Joined: 8/7/2012
Posts: 180
It is an Election year, what do you expect?
Sad
Eagles don't flock, you have to find them one at a time.
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hisah
#5 Posted : Thursday, September 13, 2012 6:09:21 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
dave.kim wrote:
jirani wrote:
whats up with all these profit warning in NSE? KenolKobil,Longhorn Kenya Ltd,Sasini,AccessKenya.......Sad Sad Sad Sad who's next!

When did access issue a warning??

Edit AK and paste - Kapchorua issues FY 2012 profit warning.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#6 Posted : Thursday, September 13, 2012 6:41:55 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Also insert Centum. Mumias survived cause of tax credits
GOD BLESS YOUR LIFE
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guru267
#7 Posted : Thursday, September 13, 2012 7:24:27 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Your best & safest bet in Kenya are the banks!!
Mark 12:29
Deuteronomy 4:16
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mwekez@ji
#8 Posted : Friday, September 14, 2012 8:26:51 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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StatMeister
#9 Posted : Friday, September 14, 2012 9:13:46 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
guru267 wrote:
Your best & safest bet in Kenya are the banks!!


Some banks will issue profit warnings next year. You may expect:
- lower interest rates on customers who are increasingly in distress
- rising NPLs will be biting into their P&Ls
- with many companies worried about their solvency (KK et al), expect shrinking investment banking incomes
- few local banks can finance the oil deals (capital, international connections)
- all the money "they" made from KK, they wont make in 2013 smile
A bad day fishing is better than a good day at work
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maka
#10 Posted : Friday, September 14, 2012 10:33:09 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Next year is going to be one very tricky year its all being held intricately by the politics being played one bad move and will -be headed to a worse situation when compared to 2008.
possunt quia posse videntur
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