Results published this morning.

Q3 Cumulative Net Sales up 143%
Q3 Cumulative Operating Profits up 110%
Q3 Cumulative Net Profits = Kshs 348,597,000 (up 52.89%)
Q3 Cumulative EPS - Kshs 1.17 (down 10%)
Q3 EPS (for 3rd Qtr only) = Kshs 0.26
Qtr on Qtr growth - Minus 51.72%

I have focused primarily on EPS being my possible take home and they are disappointing, in my opinion.

The only positive I can draw from these results is that cash generated from operations has risen almost 4-fold from Kshs 624 million to 2.357 billion.

All the same Total shareholders are a hardy lot. I don't expect much of a change in price. It hardly ever moves!

What do y'all say?

In my view the growth in the figures for sales, Gross Profit and Operating Profits portend a good set of results for KK.

Thanks for the correction. I will edit my post accordingly.

Any other comment?

this counter is the most consistent on the bourse. trades between 29.00 and 33.00 when books close. i always try to fot in, buy at the lowest and sell just before the books close, they also pay oneof the highest dividends.

@mwanahisa,my EPS come to 1.98 against 1.72 at half year,which still shows .26 EPS for third quarter.The question is whatever caused the slow down in Total during the quarter also affected KK.Half year KK made .88 per share.Giving it the same third quarter performance to Total and in direct proportionality (a too conservative approach)the EPS drop to .13 for the three months and total earnings of 1.01 at third quarter.Throw in a good fourth quarter,KKs regional reach and a management which i like and full year EPS at around kSh 1.40 is possible.Where is your money?

@ mwanahisa
"In my view the growth in the figures for sales, Gross Profit and Operating Profits portend a good set of results for KK."

The increase in TKL profits was largely due to an increase in retail network coverage (where margins are better) from take over of Chevron business.
1. What take over has KK been involved in to justify your outlook?
2. Do you think that the KPRL award will afffect KK's profit?
3. Recently, KRA has made it almost impossible to obtain an extension of transit product. Do you think that this will drive up the costs and reduce profitability?