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Kenol Kobil problems continues..
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VituVingiSana
#51 Posted : Wednesday, September 08, 2010 7:45:41 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
[quote=selah]when will this tassel end?It getting too monotonous.
http://www.bloomberg.com...ry-to-process-fuel.html[/quote]When the crooks at GoK or MoE are fired or stop covering for their 'owners'...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#52 Posted : Wednesday, September 08, 2010 10:31:25 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Noose tightens on KK. www.nation.co.ke/busines...006/1006488/-/5ych3kz/-/ We are a long way from Canaan. Hata Egypt hatujatoka.
GOD BLESS YOUR LIFE
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Gordon Gekko
#53 Posted : Wednesday, September 08, 2010 10:41:35 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
At the same Kengen function the PS said the case should be heard in Nairobi because 'KPRL and KPC are locally owned and if the KK wins the case both KPRL and KPC would be shut down.' That hardly sounds like a noose to me.
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the deal
#54 Posted : Wednesday, September 08, 2010 11:19:00 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
youcan'tstopusnow wrote:
Noose tightens on KK. www.nation.co.ke/busines...006/1006488/-/5ych3kz/-/ We are a long way from Canaan. Hata Egypt hatujatoka.

Pray Pray Pray those are my prayers that my order didnt go thru...i'm cancelling it first thing in the morning....
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Much Know
#55 Posted : Wednesday, September 08, 2010 11:38:17 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
Well, political issues sometimes prevail over business. With kk its not difficult to see the political side.
Ras Kienyeji Man
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hisah
#56 Posted : Thursday, September 09, 2010 12:23:20 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
When mainstream media is very bearish, it's time to get bullish and vice versa. Market psychology is quite interesting smile
I want more panic for my 8/- target to be fullfilled, then I load up and lock it for 5 years waiting for the UG rigs to go online and selloff at outsize gains. This should make a very interesting contra play.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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VituVingiSana
#57 Posted : Thursday, September 09, 2010 8:20:51 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
Gordon Gekko wrote:
At the same Kengen function the PS said the case should be heard in Nairobi because 'KPRL and KPC are locally owned and if the KK wins the case both KPRL and KPC would be shut down.' That hardly sounds like a noose to me.

LOL... A Kenyan judge said the Arbitration should be held under English/British/UK Arbitration rules...

IMHO, GoK (& corrupt chaps in it) as well as folks connected with Gulf Energy want it heard in Kenya coz they can put pressure on or bribe or intimidate on the judges...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#58 Posted : Thursday, September 09, 2010 8:23:01 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
hisah wrote:
When mainstream media is very bearish, it's time to get bullish and vice versa. Market psychology is quite interesting smile
I want more panic for my 8/- target to be fullfilled, then I load up and lock it for 5 years waiting for the UG rigs to go online and selloff at outsize gains. This should make a very interesting contra play.

AMEN... I hope the price falls to 8/- or even lower...

I have bought at 10.50 but I know I will see 13/- within 12 months... I do not mind adding to my stash at 8/-...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#59 Posted : Thursday, September 09, 2010 8:25:14 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
is it me... or MoE (nyoike) & ERC is now going to the media to plead/highlight their side of the story...???

Kwani??? Si they go to court to fight KK... [And lose!]

KPC is technically bankrupt with the Triton scam payouts + 4bn awarded to KK [being appealed]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#60 Posted : Thursday, September 09, 2010 8:46:43 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
What is the next twist in this Saga...ERC giving KK's licence to another Oil operator?
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