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KenolKobil first HY 2011 pretax profit up 86%
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kenyainvestor
#211 Posted : Monday, August 15, 2011 10:08:58 AM
Rank: Member

Joined: 7/12/2011
Posts: 194
Aguytrying, what KK is offering is nothing but an opinion. In their regular commentaries banks offer their opinions on whether interest rates rise or fall. Will that be banned too?
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VituVingiSana
#212 Posted : Monday, August 15, 2011 1:20:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Kwani? Offering opinions has been banned in Kenya?

Which means most of us on Wazua are breaking the law when we 'predict' prices, profits, etc...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#213 Posted : Monday, August 15, 2011 1:55:45 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Nothing wrong but just a bad blood history btw gvt and kk
"Don't let the fear of losing be greater than the excitement of winning."
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Gordon Gekko
#214 Posted : Monday, August 15, 2011 3:04:23 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
What if KK communicated the news (as they currently do by email) to shareholders only? Surely Big Brother aka George Orwell 1984 can't prevent the managers hired by us from talking to us???
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Horton
#215 Posted : Monday, August 15, 2011 3:09:47 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
well I'm glad they did coz KK was panicking the market by "overforecasting"
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For Sport
#216 Posted : Monday, August 15, 2011 3:13:14 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Horton wrote:
well I'm glad they did coz KK was panicking the market by "overforecasting"


And why do you suppose the market has been listening to KK?
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selah
#217 Posted : Monday, August 15, 2011 3:32:15 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
Horton wrote:
well I'm glad they did coz KK was panicking the market by "overforecasting"


overforecasting or not the govt is just looking for scapegoats,KK previous predictions were not accurate but still there was a rise in prices just as they had predicted.

Banning them from forecasting is ill advised and now show how incompetent MOE is.The issue of price hikes should be addressed by the govt not shoot the messenger.

IMHO I dont see anything wrong with a player letting its customers know of its future pricing I think its healthy and it keeps the regulator on Check.
'......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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VituVingiSana
#218 Posted : Monday, August 15, 2011 5:48:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Most Wazuans forecast something or the other... Prices, forex, earnings, etc... So wanna ban us too?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Cde Monomotapa
#219 Posted : Monday, August 15, 2011 6:54:03 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
VituVingiSana wrote:
Most Wazuans forecast something or the other... Prices, forex, earnings, etc... So wanna ban us too?

LoL!! Real talk!
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QW25071985
#220 Posted : Monday, August 15, 2011 8:43:02 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
When is book closure if already it hasnt reachd yet.
I want this stock at sub nine bob.
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