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mkonomtupu
#11 Posted : Monday, September 13, 2010 6:50:00 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Total has entered into sale agreement with OilCom (K) Ltd Libya for service stations and the aviation assets from the Chevron acquisition and for sale of Nairobi LPG Gas plant to NOCK. The good times might be around the corner for this miserable stock.
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BGL
#12 Posted : Monday, September 13, 2010 8:19:34 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Who is oilcom (K) ltd, this is a huge deal for a an unknown company which does not even have a website.
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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  | | Edit by user: Monday, September 13, 2010 8:25 PM | Reason: Not specified
KulaRaha
#13 Posted : Monday, September 13, 2010 10:10:59 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
BGL wrote:
Who is oilcom (K) ltd, this is a huge deal for a an unknown company which does not even have a website.


Oilcom is a large TZ petroleum player.
Business opportunities are like buses,there's always another one coming
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sheep
#14 Posted : Monday, September 13, 2010 10:23:54 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
Hii kitu ile wakati itaamua kulipuka itafika 60 in no time...watu waachwe wamezubaa!
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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mv_ufanisi
#15 Posted : Tuesday, September 14, 2010 12:37:47 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
Good news finally from this stock. I hope they make so much money from asset disposal that they give us a dividend of 6/- per share. I've been patiently waiting for so long ... so don't disappoint.
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Sober
#16 Posted : Tuesday, September 14, 2010 12:56:25 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Highest ever archieved is 64.14 Ksh per share. I dont even remember what year that was.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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sparkly
#17 Posted : Tuesday, September 14, 2010 9:35:37 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
I guess the shares available for trading are negligible.
Life is short. Live passionately.
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the deal
#18 Posted : Wednesday, September 15, 2010 3:40:28 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The fundamentals of this stock have changed...theyre selling Assets...the sell will be a once of gain...just like Bamburi their share in ARM....
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Gordon Gekko
#19 Posted : Wednesday, September 15, 2010 4:13:15 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
They were always going to sell in order to meet regulatory conditions. Question is, did they make a profit from the sale or did the Neanderthals at MOE force them to sell at a loss? So it might not be a gain after all.
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VituVingiSana
#20 Posted : Wednesday, September 15, 2010 4:34:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Gordon Gekko wrote:
They were always going to sell in order to meet regulatory conditions. Question is, did they make a profit from the sale or did the Neanderthals at MOE force them to sell at a loss? So it might not be a gain after all.

True dat... Anyway, all proceeds will probably be used to pay down the debt...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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