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KENOL/KOBIL
youcan'tstopusnow
#2111 Posted : Thursday, November 24, 2011 9:30:57 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Oil marketer Hashi Energy will from next year connect homes to piped gas in a process that will not only revolutionise the way cooking gas is sold in Kenya but also open a new battleground for control of the lucrative market.

http://www.businessdaily.../-/sjjjycz/-/index.html
GOD BLESS YOUR LIFE
Cde Monomotapa
#2112 Posted : Thursday, November 24, 2011 9:47:40 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Oil marketer Hashi Energy will from next year connect homes to piped gas in a process that will not only revolutionise the way cooking gas is sold in Kenya but also open a new battleground for control of the lucrative market.

http://www.businessdaily.../-/sjjjycz/-/index.html

Aicaramba!! But i'll be interesting to see how they lay out the infrastructure. On the otherhand NOCK intends to go 'uchumi ya kadogo' by setting up LPG filling for lower quantities, e.g measures as low as 1/2 Kg. Where does that leave K-gas!!!!
Cde Monomotapa
#2113 Posted : Thursday, November 24, 2011 10:08:47 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Btw, Kenya issued Goldplat with a licence yesterday. Goldplat expect to sell their 1st Kenyan gold as early as Q1 2012!!
youcan'tstopusnow
#2114 Posted : Thursday, November 24, 2011 9:12:45 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Shareholder Update: Notice of change in accounting policy on Property, Plant & Equipment

http://www.kenolkobil.co.../shareholder_update.pdf
GOD BLESS YOUR LIFE
youcan'tstopusnow
#2115 Posted : Thursday, November 24, 2011 9:15:30 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Btw, Kenya issued Goldplat with a licence yesterday. Goldplat expect to sell their 1st Kenyan gold as early as Q1 2012!!

Fingers crossed we don't end up like @chuse's TZsmile
GOD BLESS YOUR LIFE
guru267
#2116 Posted : Thursday, November 24, 2011 10:43:57 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
Shareholder Update: Notice of change in accounting policy on Property, Plant & Equipment

http://www.kenolkobil.co.../shareholder_update.pdf


This move will drastically reduce depreciation costs and thus boost their profits.. And since they are doing it retrospectively they will definitely boost retained earnings..

How much cheaper can this stock get? smile

Mark 12:29
Deuteronomy 4:16
Aguytrying
#2117 Posted : Thursday, November 24, 2011 10:48:31 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
guru267 wrote:
youcan'tstopusnow wrote:
Shareholder Update: Notice of change in accounting policy on Property, Plant & Equipment

http://www.kenolkobil.co.../shareholder_update.pdf


This move will drastically reduce depreciation costs and thus boost their profits.. And since they are doing it retrospectively they will definitely boost retained earnings..

How much cheaper can this stock get? smile

is the same thing i wonder day in day out. Need to pinch myself.
The investor's chief problem - and even his worst enemy - is likely to be himself
Hunderwear
#2118 Posted : Friday, November 25, 2011 4:47:03 AM
Rank: Member

Joined: 4/14/2011
Posts: 639
youcan'tstopusnow wrote:
Shareholder Update: Notice of change in accounting policy on Property, Plant & Equipment

http://www.kenolkobil.co.../shareholder_update.pdf

>guys what does ths mean in terms of share value?
Cde Monomotapa
#2119 Posted : Friday, November 25, 2011 5:11:32 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
Btw, Kenya issued Goldplat with a licence yesterday. Goldplat expect to sell their 1st Kenyan gold as early as Q1 2012!!

Fingers crossed we don't end up like @chuse's TZsmile

Real talk and the best would be a Zim type empowerment of selling 51% to locals less management control. Royalties & corp.tax aren't enough!!
Aguytrying
#2120 Posted : Friday, November 25, 2011 11:55:29 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
God loves his people and gives them gifts because he is all loving. For example kk trading at 9.50, maybe heading to 9.00. A p.e of 4.75 assuming fy e.p.s of 2.0. An estimated dividend yield of 5.3%-0.5sh for fy 2011-10% including interim. Exponential growth in difficult conditions. the lower it goes, the more unbelievable, the sweeter the deal.:) Deal poa
The investor's chief problem - and even his worst enemy - is likely to be himself
238 Pages«<210211212213214>»
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