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erifloss
#31 Posted : Tuesday, February 01, 2011 12:47:15 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Brent up past $100 & expected to go up coz of the Egypt revolt. Awaiting to see how kk is going to safeguard itself from these shocks keeping in mind that as investors what we are buying are simply the future profits.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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guru267
#32 Posted : Tuesday, February 01, 2011 10:50:06 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
2012 wrote:
On the other hand I wish I had cash right now to get onto the eabl band wagon at 185/-


@2012 how can you go with EABL?? Mututho has guaranteed lower revenues, profits, dividends and shareprice...

The guys who were buying at 220 will be burnt for a long time to come...
Mark 12:29
Deuteronomy 4:16
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Ericsson
#33 Posted : Tuesday, February 01, 2011 11:01:05 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
EABL will weather the Mututho Laws.They are well diversified and thru Southern sudan they will be able to grow their profits
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Aguytrying
#34 Posted : Tuesday, February 01, 2011 11:14:37 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I love the uncertainty. Therein lies the big risks and big gains.
The investor's chief problem - and even his worst enemy - is likely to be himself
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guru267
#35 Posted : Tuesday, February 01, 2011 11:15:37 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Ericsson wrote:
EABL will weather the Mututho Laws.They are well diversified and thru Southern sudan they will be able to grow their profits


Kenya is still their biggest revenue earner so it will take a number of years to replace this with other markets... They must suffer for a number of years if the law remains
Mark 12:29
Deuteronomy 4:16
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Ericsson
#36 Posted : Tuesday, February 01, 2011 11:17:52 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
The reduction in revenue will be compensated by returns in southern.In the short run i.e 1 to 2 years is when they will suffer
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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selah
#37 Posted : Tuesday, February 01, 2011 11:43:59 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
jerry wrote:
According to BD article, oil marketers are expecting more profits last year than in 2009 in spite of the price controls. The higher prices last year resulted in lower volumes and net improved profits for the marketers. KK made a loss of 431M in 2k9 and a profit of more than 1B in first half of 2010. They managed a dividend of KES 0.325 in 2009. What can we expect in results for last yr?


I tend to agree with this article,the price control did not stifle the margins the oil marketers were making it actually made the margin higher.Take for instance kerosene ,b4 the price control kerosene was retailing btwn ksh. 58-65 range then the regulator said it should not go beyond ksh 75/= now the marketers are selling kerosene at btwn ksh.70-75 range.I hav not factored the other products,this shows the marketers are making a killing from government regulation.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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guru267
#38 Posted : Tuesday, February 01, 2011 11:55:27 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
selah wrote:


I tend to agree with this article,the price control did not stifle the margins the oil marketers were making it actually made the margin higher.Take for instance kerosene ,b4 the price control kerosene was retailing btwn ksh. 58-65 range then the regulator said it should not go beyond ksh 75/= now the marketers are selling kerosene at btwn ksh.70-75 range.I hav not factored the other products,this shows the marketers are making a killing from government regulation.


@selah but the margins in diesel and petrol have been hit seriously plus crude oil is rising above 100$...

KK must suffer from this but I know their 2010 profits will be good which might take the share price to 14-15 but the CEO's statement on his outlook for 2011 might change this
Mark 12:29
Deuteronomy 4:16
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cnn
#39 Posted : Tuesday, February 01, 2011 12:19:26 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@guru,explain what you mean by margins being hit.On the issue of rising crude, as has been said before,the monthly adjustments as per the ERC formula will take care of that at the pump.
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Bettertry
#40 Posted : Tuesday, February 01, 2011 2:56:08 PM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
jerry wrote:
They managed a dividend of KES 0.325 in 2009. What can we expect in results for last yr?

Correction, dividend for FY09 was Ksh 3.25 and not as u posted!!!
We Will Either Find a Way or Create One - HANNIBAL
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