wazua Thu, Apr 16, 2026
Welcome Guest Search | Active Topics | Log In

238 Pages«<5152535455>»
KENOL/KOBIL
Options
Previous Topic · Next Topic
sparkly
#521 Posted : Friday, August 20, 2010 10:36:33 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
cnn wrote:
@sparkly,i am ready to hold out on this one.Tea is the only other haven i would rather be.

@cnn don't miss out on the banks. They are riding on positive feel good factors about the EAC economy, strong profit growth and low valuations.
Life is short. Live passionately.
Back to top
  |
qw25041985
#522 Posted : Friday, August 20, 2010 10:43:01 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@cnn . Lolest . U mean u dnt have banks in ur portfolio ? U must be jokin . And u said 100k is peanuts to u .
Your future depends on your dreams so go to sleep !
Back to top
  |
VituVingiSana
#523 Posted : Saturday, August 21, 2010 12:55:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
LOL... Kweli... Kenyans... Want the easy way out! @Pkoli @MV

I bought/buy KK not on short-term moves but the longer-term picture... So you ask why the confidence in KK???

1) Only 530mn to be paid to KPRL if the arbitration goes against them
2) Future payments to KPRL (if KK loses) will be the same as the other spineless industry players
3) KPC is appealing 4bn (or so) arbitration judgement. If KK wins... WINDFALL... and KK might end up owning a chunk of KPC... which has others breathing down its neck too!
4) IMHO, GoK is trying to pressure KK by forcing the KPRL issue as a gambit to force KK to settle with KPC (see 3 above).
5) GoK's NOCK has been beaten by KK even after 'freebies' like cheap loans, GoK/Taxpayer guarantees & 30% of OTS
6) KK is aggressively expanding regionally which will boost profits. Also fighting GoK shows other governments that they will fight not run like cowards.

Short-term traders may be having fun... As a jamaa who buys 'value' this one is a keeper...

BUY at 9.50 today & you will see at least 15/- (incl divs) by Aug 2012...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#524 Posted : Saturday, August 21, 2010 1:05:03 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
Horton wrote:
mwanahisa wrote:
I managed to get a sizeable lot at 9.10. I am looking forward to buying more as it drops. This company has made lots of money for me over the years. It's been around for 50 years. I bet it will be there for at least another 50 more! Call it falling in love with a stock if you will, but I sure will keep buying.

I have got approx. 10% of my portfolio in it and I reckon to increase this to 20% as the price falls.

Note NBV for the company is above Kshs 7 so even if they went into liquidation - we would still survive.

Well done....dude they are not going to close down....

Next question, sorry totally random, working out NBV for a hypothetical company, what if their assets are overvalued somehow? Kinda like the enroll fib?? Waddaya do then?
We will be OK... LOL... I am looking for cash as I type... I might even sell my KQ @ 50 to buy KK @ less than 10/-... I just hope I can buy at 9/- rather than 10/-...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#525 Posted : Saturday, August 21, 2010 1:09:48 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
Wa_ithaka wrote:
Shareprice aside, its good to see total man (yeah right, more like total BS) getting paid back with some of his coin.
KK was acquired flaudently by piwott during the days he used to hold m0i's crotch (from his 10% cut in Turkwell dam). New sheriff is in town.
I like KK... but I have no problem is biwott's shares are taken over by KACC... and moi's crotch needs a good kick...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#526 Posted : Saturday, August 21, 2010 1:14:23 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
youcan'tstopusnow wrote:
Waithaka, Biwott used to do more than just hold Moi's crotch

Applause Applause Applause Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly d'oh! d'oh! d'oh! Pray Pray Pray Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#527 Posted : Saturday, August 21, 2010 1:18:08 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
BGL wrote:
These guys (KK) and their die hard self appointed spokesman aka VVS have two weeks to show cause why their license cannot be revoked...the details are posted elsewhere in this forum. Pay up what is owed to you in arrears by KPRL. Do not keep on complaining about inefficiencies here. Do you want to tell us that the system is efficient for all the other marketers and it is deliberately manipulated for KK...what a rubbish.
Come on... even you know that KPRL is inefficient... If given the choice NONE of the Oil Marketers (even NOCK) would use KPRL... It is much 'cheaper' to import the White Oils... Probably even the Black Oils...

BTW, KK has been OK for over 1 month even after KPRL 'refused' to process any more crude for them... KK are smart!

I am confident KK will out-smart the idiots, thieves, nincompoops at GoK, KPRL & ERC...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
cnn
#528 Posted : Saturday, August 21, 2010 10:24:48 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@spakly,the only share i have close to a bank is CFC ,purely speculative and holding out for my target price.You are right the mid cap banks will continue doing well,i view the big caps as fully priced,replicating the over 30% YOY will be quite something,remember we are viewing the current results being reported against a very depressing year economically 2009.But hey,JM has has his own way and may be far from done.And KCB may just fulfill its potential.
Talking valuations,KK is too cheap at current prices and i like their regional growth.And i expect better profits going forward from their regional expansion.
@QW...you are best ignored.
Back to top
  | | Edit by user: Saturday, August 21, 2010 12:50 PM | Reason: Not specified
Gordon Gekko
#529 Posted : Saturday, August 21, 2010 10:29:29 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
My order for KK at 9.50 didn't go through yesterday. Hope I can pick them up Monday. Sub 10 is still very good value both for speculators and investors.
Back to top
  |
youcan'tstopusnow
#530 Posted : Saturday, August 21, 2010 12:26:11 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Like VVS said, 500 million is not exactly big money for KENOL. At curremt prices, I'm viewing KK like Mumias at the 6 to 7 bob levels where I heavily accumulated. I just need it to stay subdued for at least another month or two. guru, you sold at a loss ama?
GOD BLESS YOUR LIFE
Back to top
WWW
  |
238 Pages«<5152535455>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.