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259 Pages«<7374757677>»
KENOL KOBIL .... 2012
Aguytrying
#741 Posted : Saturday, June 16, 2012 4:59:25 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I have relaxed. Btw swiching to a new counter quickly is alost always a not as profitable. locking in this money till panic central will help investors.
The investor's chief problem - and even his worst enemy - is likely to be himself
hisah
#742 Posted : Tuesday, June 19, 2012 6:44:12 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
KK issues profit warning - http://mobile.twitter.co...atus/215106396226715648

Oops!?!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
holycow
#743 Posted : Tuesday, June 19, 2012 6:54:13 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
hisah wrote:
KK issues profit warning - http://mobile.twitter.co...atus/215106396226715648

Oops!?!



http://www.kenolkobil.com/index...t/content/article/58/314

Segman had hinted so in the annual report for 2011.
hisah
#744 Posted : Tuesday, June 19, 2012 7:03:50 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
holycow wrote:
hisah wrote:
KK issues profit warning - http://mobile.twitter.co...atus/215106396226715648

Oops!?!



http://www.kenolkobil.com/index...t/content/article/58/314

Segman had hinted so in the annual report for 2011.

Good PR from KK. I still don't understand why CMA halted their shares after the take over news... Bizarre regulator this CMA...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
cnn
#745 Posted : Tuesday, June 19, 2012 8:20:39 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
This one was coming,maybe more vicious than i had thought.So how does this affect Pumas offer price if they still go ahead?
VituVingiSana
#746 Posted : Tuesday, June 19, 2012 8:35:57 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
holycow wrote:
hisah wrote:
KK issues profit warning - http://mobile.twitter.co...atus/215106396226715648

Oops!?!



http://www.kenolkobil.com/index...t/content/article/58/314

Segman had hinted so in the annual report for 2011.
Read the Annual Report (including the Comprehensive Income) & Notes to the Financial Statement. It was stated that there were some issues with hedging/derivatives.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#747 Posted : Tuesday, June 19, 2012 8:39:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
cnn wrote:
This one was coming,maybe more vicious than i had thought.So how does this affect Pumas offer price if they still go ahead?
It's a blip for 6 months. Puma is looking at the longer term. I would say it means:
1) No interim dividend
2) Puma may reduce the payout by 1/-

Overall, it means KK has 'lost' 1/- of earnings which will mean shareholders will 'lose' 1/-.

Since the shares are suspended, it matters little to the share price volatility.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#748 Posted : Tuesday, June 19, 2012 8:55:22 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
is he indirectly saying, the shares will resume trading? (last paragraph)

The investor's chief problem - and even his worst enemy - is likely to be himself
holycow
#749 Posted : Tuesday, June 19, 2012 9:14:52 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
"In the year under review, there was an increase in exchange losses in 2011 by K.Shs. 582M over 2010,mainly arising from fluctuation of local currencies in most countries of operation. Due to the rapid and steep Kenya Shilling fluctuation against the U.S. Dollar, Kenya operation suffered the highest exchanges loss in the year, of K.Shs. 982M, which included substantial Realised losses on hedged forward positions taken on K.Shs/USD exchange. The effect of Realised Loss started in the month of December 2011 and spilled over into the subsequent Financial Year, of which effect, can be seen in Statement of Comprehensive income."

Page 4 of the FY 2011 annual report. Statement of Chairman & Group Managing Directors’S Report.
youcan'tstopusnow
#750 Posted : Tuesday, June 19, 2012 9:25:17 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
youcan'tstopusnow wrote:
Hunderwear wrote:


Hey we still have the interim dividend to go before we call it a day


Swali ni, how will KK perform in H1 2012? Segman says the company took a hit from a cargo under the trading desk and also from forward contracts. Indeed he acknowledges KK began 2012 performance on a ''low note''. I have a feeling that even if a profit is made in H1 2012, it will be significantly lower than the 2.157 Billion made last year over the same period.
So maybe a lower interim dividend (if any). Good thing (or bad) is the share is suspended and few people would care about results now!

GOD BLESS YOUR LIFE
259 Pages«<7374757677>»
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