@all: loving the discussion .
Two things though:

1. does anyone know what the current status of KK litigation is, and the possible effects that this litigation could have on future profitability (and, of course, share prices)? I'm inclined to believe that this has partly influenced the current stagnant share price.

2. not much has been said of the 3rd K, KPLC; does the recently concluded rights issue not augur well for share prices in the immediate future?

@VVS, @the deal bottom line is that KK will announce lower profits for 2011 in August which will send the share price lower...

Mark my words....

KK, is my do or die portion of my portfolio...its one of those shares in a unique position of having limited downsides (partially mitigated by its low EPS and respectable dividend yield) and potentially limitless upside based on the fact that oil is now nearly as essential to day to day life as air. Coupled with a dynamic mgt (compared to the other oil major), it stands them great benefit

but do agree....it may take a dip post 1st half results announcement...but do not see it dipping below avg of shs 9 when got in, (assuming it rallies post mar to appox 12-13 then it can only drop to the shs 10 range)

KCB is the other major portion of my portfolio (avg 21) however intend to drop out once it passes 25...the share is too stagnant and mgt team does not inspire a lot of dynamism and market response, but they are in a sweet spot as regarding their S&L business which is now under attack but BBK, Stanchart and even coop.

Really worried about the Mckinsey involvement in KCB, have worked with them extensively on a number of projects and they are only as good as the direction they get from the top...not sure the large KCB mgt team is aligned enough to give crystal clear directions to MCkinsey in which case the 2 yr project will probably costs over $5m-$10m and will only result in mangled staff morale and no impact on sustainable

Culture plays a big role in any business and the culture of KCB is not as entrepreneurial as say Coop or equity...and Mckinsey will not solve this. If the board was really serious, they would make a once in a lifetime offer for Muriuki to jump ship and steer the big ship going forward. he has done a remarkable job at coop and has the right skill set to run a locally owned bank.

Just my 2 cents

@Papacito! I have some KCB shares but I've also never been confortable/confident with it(KCB). There is a Dep M.D. to Oduor who was once at Coop.

@invest0r. Thanks for those encouraging points.