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KENOL/KOBIL
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ammy
#1531 Posted : Wednesday, March 30, 2011 5:10:45 PM
Rank: Member

Joined: 5/6/2008
Posts: 26
if you haven't seen the ad on TV, sample this
http://www.youtube.com/watch?v=16qR_YLZ6hk
Fahali wawili wakipigana nyasi huumia
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Cde Monomotapa
#1532 Posted : Thursday, March 31, 2011 7:26:31 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Gordon Gekko wrote:
I must say I'm quite worried about the diversification plans. Never lose sight of your core business. If you can't be the best in your core business, we are in trouble.
But I'll give JS the benefit of doubt, this is a glitch that will be resolved once the elections are over and we have real professionals running MoE. and subsequently the parastatals under it.

I second this Comrade.
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gatoho
#1533 Posted : Thursday, March 31, 2011 9:19:23 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
ammy wrote:
if you haven't seen the ad on TV, sample this
http://www.youtube.com/watch?v=16qR_YLZ6hk




Thengiu! shukran!
Foresight..
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For Sport
#1534 Posted : Thursday, March 31, 2011 10:35:55 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
ammy wrote:
if you haven't seen the ad on TV, sample this
http://www.youtube.com/watch?v=16qR_YLZ6hk


I like I like I like

sigh...if only the roads around here were half as decent as the roads (even the rough ones) in the ad....
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bwenyenye
#1535 Posted : Thursday, March 31, 2011 10:52:03 AM
Rank: Elder

Joined: 5/24/2007
Posts: 1,805
That 404 in the ad is just sweet! too sweet to be true.

Now because they have advertised with a beautiful classic, and the discounts thet are giving, Kesho nitajaza gari kwao. A full 81 litres of diesel.
I Think Therefore I Am
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2012
#1536 Posted : Thursday, March 31, 2011 11:13:04 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Gordon Gekko wrote:
I must say I'm quite worried about the diversification plans. Never lose sight of your core business. If you can't be the best in your core business, we are in trouble.


I on the other hand think it's a brilliant plan. Of course their core business will still remain core but cases have shown that companies that diversified to add on to their core business have grown tremendously. Look at Apple vs Microsoft or Coke vs Pepsi. Another case study would be WPP (Wire and Plastic Products) they are the second biggest in the advertising world also largest shareholders of Scangroup, good thing they did not stick to wires and plastics. The petroleum market in Kenya has become unpredictable with the Govt. offering more confusion than solutions.

BBI will solve it :)
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Gordon Gekko
#1537 Posted : Thursday, March 31, 2011 12:36:23 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@For Sport, which road? its only the biker rider I saw in that ad...

@2012, fruits from the real estate will start being felt in a couple of years - recall Pan Africa real estate project came through after a few years, but for them, investment is part of their core business. If I really want to invest in real estate, I would buy Centum. I would have preferred that the excess cash (which they seem to have plenty of) is used buying out all the petrol companies in Africa.
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VituVingiSana
#1538 Posted : Thursday, March 31, 2011 12:55:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
@GG - Yep, the biker chick is hot! In all that leather, too... vroom!

I would like to see KK expand regionally but not by paying too high a price. No point in expanding where you can't supply the goods OR the market it very volatile [politically or violent].

I think KK should consolidate [grow] its position in Tanzania [huge market], Uganda & Zambia. There are other possibilities too including sales into S.Sudan as well as DRC [via Rwanda].

KK is also moving into Mozambique & Zimbabwe [both greenfield but just like Burundi they may acquire more locations].
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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ammywanja
#1539 Posted : Thursday, March 31, 2011 4:37:02 PM
Rank: New-farer

Joined: 3/16/2011
Posts: 19
Location: kenya
[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]

Just seen a press release. Segman says that the information carried in BD is not true "The true position is that the company owns a 4acre(17,000 square metres) prime piece of land in the heart of Addis Ababa Ethiopia, housing our head office and storage facilities...KenolKobil is considering using the land for other economic activities in line with its non fuel business development strategy.

Another clarification

KenolKobil plans to build an LPG plant in Dar es Salaam with an installed capacity exceeding 1000 metric tonnes(not 21,000 cubic metres) it is expected to cost 7 million not billion
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Aguytrying
#1540 Posted : Thursday, March 31, 2011 4:50:30 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Seen the advert, a bit too mushy for my taste, and adverts these days have to be funny or witty. Anywho, hope it gets those tanks filled, kesho is friday the day that i'll be fueling and also tuesdays.
The investor's chief problem - and even his worst enemy - is likely to be himself
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