wazua Fri, Apr 17, 2026
Welcome Guest Search | Active Topics | Log In

238 Pages«<168169170171172>»
KENOL/KOBIL
mwanahisa
#1691 Posted : Wednesday, May 11, 2011 9:36:50 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
The endless tussles in the oil industry just took another twist.

BD has slammed KK in a hard hitting editorial referring to Monday's KK's press release on the impending price rise. Without refuting any of KK's assertions in the said press release, BD implies that KK was just out to profiteer.

See link: http://www.businessdaily...4/-/74ww57/-/index.html

You can now see why I did not include KK on my X-Factor list. Although I am a big admirer of KK, the oil industry is rather murky and little understood by outsiders who will only be too quick to cast aspersions on any profits made by oil marketers.

Rather interestingly, BD does not identify the rogue marketer by name even though it should be clear to all that they are referring to KK. Would it be because they are afraid of a libel/defamation suit? After all, KK has shown itself to be quite ready to take on all comers in the corridors of justice very robustly.
the deal
#1692 Posted : Wednesday, May 11, 2011 9:39:41 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Oh Britak come faster...dividends and sale of KK shares go to Britak Britak Britak...me i'm tired of all this oil Bullsh**t...
hisah
#1693 Posted : Wednesday, May 11, 2011 10:07:11 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Meanwhile the focus shifts back to the Ksh... This time I expect Ksh 90 to be tested. The last time I stated this, I was told it was blasphemy, but I somehow escaped the stone-throwing smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
VituVingiSana
#1694 Posted : Thursday, May 12, 2011 2:28:16 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
http://www.businessdaily...4/-/74ww57/-/index.html

Who wrote this article? Seems like a friend of kiraitu or nyoike. For the past 2 months, KK gives their version of where the prices will be based on their experience.

Just coz ERC is in charge of setting prices does not mean KK can't give its opinion, after all when I buy $ for the future, I ask the bank for its opinion on where the KES is headed.

When African Alliance, D&B, etc give stock 'predictions' isn't that the same?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#1695 Posted : Thursday, May 12, 2011 6:53:13 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I suspect what KK did was stop the faceless players from raising the prices come 14th. These hoarders are now sitting on petrol they will not be able to sell at their preferred price, and as long as it sits the finance costs wipes out their margins.
Aguytrying
#1696 Posted : Thursday, May 12, 2011 7:00:35 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
The article is so biased, no mention of erc's role is the turmoil. I think, if kk hadn't released the press statement of the 6 bob increase, we might have seen, a six bob increase. The article detered erc.
The investor's chief problem - and even his worst enemy - is likely to be himself
youcan'tstopusnow
#1697 Posted : Thursday, May 12, 2011 9:02:11 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
And there were some people here on Wazua who thought kiraitu was Jesus, nyoike was Peter & KK was Judas... Bure Kabisa!

Laughing out loudlyLaughing out loudlyLaughing out loudlyLaughing out loudly
GOD BLESS YOUR LIFE
youcan'tstopusnow
#1698 Posted : Thursday, May 12, 2011 9:05:21 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
And there were some people here on Wazua who thought kiraitu was Jesus, nyoike was Peter & KK was Judas... Bure Kabisa!

Laughing out loudlyLaughing out loudlyLaughing out loudlyLaughing out loudly
GOD BLESS YOUR LIFE
Gordon Gekko
#1699 Posted : Thursday, May 12, 2011 1:32:29 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
VituVingiSana
#1700 Posted : Thursday, May 12, 2011 2:06:25 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
Mazee! The scams at KPC multiply like rabbits!

http://coldtusker.blogspot.com/

Ghost allocation of ullage!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
238 Pages«<168169170171172>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.