@Gecko no worries there....as a KK shareholder you sleep with a smile on your face each day...LOL...
The group has a positive outlook for 2011 and has vowed to continue with its geographical expansion in East, Central and Southern Africa to shore up its performance.

"We are looking at all markets starting with Djibouti all the way to South Africa. Specifically, we are looking at Malawi, Congo, Angola and Namibia. Some of them are at an advanced stage and some of them are at the formative stage," said the company's Group Mergers and Regional Manager Patrick Kondo.

Kenol has been eyeing Mozambique and Zimbabwe and it already making headway there. In Mozambique, they have already secured a storage of 21,000 cubic meters which means that they can start bringing in products for sale.

They also have someone based in Harare who is charged with establishing the operations in these two countries.

http://www.capitalfm.co....roperty-market-5797.html

KK, I like your new tv ad. I first saw the shorter confusing version then the long one that makes sense later. I like the one in the papers with the huge logos too. Now please do something about the logo/s, you could do a competition for designs by Kenyans talented in that area... the current one/s are quite old.

As KK increases the reach across Kenya, the profits will also increase but I do not care as much about the Kenya operations as much as regional expansion. KK doesn't put all its eggs in one basket...

It seems, I was right after all, especially regarding the behaviour of the market, with respect to KK. I am now happily adding onto my stake in this counter, safe in the knowledge that I will get a 52 cents dividend. Even better this is a company that could make anything from between 1.50 to 2/= for the full year 2011. But, I am in no hurry as the depressed market is affording me the luxury.

@VVS, I saw this story in yesterday's BD and I must say I was amazed and to be honest, I did not quite believe it, considering the only land that Segman had mentioned in the results announcement was a 4 acre plot in Addis Ababa. Of course, I know they have other properties e.g. depots and fuel stations which they could actually develop into other complementing uses.

Thinking about it, the story had some other factual inaccuracies especially regarding the value of KK's operations in TZ. I am therefore withholding judgement on this 17,000 acres until I can get more information.

[quote=VituVingiSana]Managing director Jacob Segman said the firm had bought 17,000 acres of land on which it plans to build.

http://www.businessdaily...6/-/7cshde/-/index.html[/quote]