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KENOL KOBIL .... 2012
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guru267
#791 Posted : Wednesday, June 20, 2012 5:34:06 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
selah wrote:
I think The profit warning is a stopgap measure to arrest speculative trading.The factors given were definitely anticipated by the management.Last yr the same factors affected KK's profitability why shld they highlight them now?

So, unless KK's risk management is a joke then I hope this is just an excuse to deter speculator...if its not, then we are in for a big shock.


My friend why are we refusing to admit KK will do badly in 2012?? Are you married to the stock??

Last year segman told us profits would be 50% higher and we were all screaming his praises.. Why shouldnt we believe him now??

A profit warning is a profit warning.. Nothing else!!
Mark 12:29
Deuteronomy 4:16
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mlennyma
#792 Posted : Thursday, June 21, 2012 9:27:32 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Tokeni niingie...m'mekaa ndani sana.
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#793 Posted : Thursday, June 21, 2012 9:51:25 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
guru267 wrote:
selah wrote:
I think The profit warning is a stopgap measure to arrest speculative trading.The factors given were definitely anticipated by the management.Last yr the same factors affected KK's profitability why shld they highlight them now?

So, unless KK's risk management is a joke then I hope this is just an excuse to deter speculator...if its not, then we are in for a big shock.


My friend why are we refusing to admit KK will do badly in 2012?? Are you married to the stock??

Last year segman told us profits would be 50% higher and we were all screaming his praises.. Why shouldnt we believe him now??

A profit warning is a profit warning.. Nothing else!!
When did he say profits would be 50% higher for 2012? Please show me the article. Thanks.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#794 Posted : Thursday, June 21, 2012 10:20:57 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
guru267 wrote:
selah wrote:
I think The profit warning is a stopgap measure to arrest speculative trading.The factors given were definitely anticipated by the management.Last yr the same factors affected KK's profitability why shld they highlight them now?

So, unless KK's risk management is a joke then I hope this is just an excuse to deter speculator...if its not, then we are in for a big shock.


My friend why are we refusing to admit KK will do badly in 2012?? Are you married to the stock??

Last year segman told us profits would be 50% higher and we were all screaming his praises.. Why shouldnt we believe him now??

A profit warning is a profit warning.. Nothing else!!
When did he say profits would be 50% higher for 2012? Please show me the article. Thanks.

She's talking about 2011 profits, not 2012smile
GOD BLESS YOUR LIFE
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Hunderwear
#795 Posted : Thursday, June 21, 2012 10:28:07 AM
Rank: Member

Joined: 4/14/2011
Posts: 639
For the doubting thomases


The due diligence process is still ongoing and all along we had access to information, including the company’s financial books and their retail sites,’’ said Mr Meyer in a telephone interview with the Business Daily.

“Despite the drop in profits, we are still keen on acquiring a majority stake in KenolKobil since it still remains an excellent business for us.”

http://www.businessdaily...44/-/t9sc7y/-/index.html
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VituVingiSana
#796 Posted : Thursday, June 21, 2012 10:31:06 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
guru267 wrote:
selah wrote:
I think The profit warning is a stopgap measure to arrest speculative trading.The factors given were definitely anticipated by the management.Last yr the same factors affected KK's profitability why shld they highlight them now?

So, unless KK's risk management is a joke then I hope this is just an excuse to deter speculator...if its not, then we are in for a big shock.


My friend why are we refusing to admit KK will do badly in 2012?? Are you married to the stock??

Last year segman told us profits would be 50% higher and we were all screaming his praises.. Why shouldnt we believe him now??

A profit warning is a profit warning.. Nothing else!!
When did he say profits would be 50% higher for 2012? Please show me the article. Thanks.

She's talking about 2011 profits, not 2012smile
2011 profits were 50% higher than 2010.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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ammywanja
#797 Posted : Thursday, June 21, 2012 1:20:45 PM
Rank: New-farer

Joined: 3/16/2011
Posts: 19
Location: kenya
KENOLKOBIL TO ISSUE UPDATE ON CAUTIONARY STATEMENT DATED 8TH MAY 2012
Following several enquiries from shareholders and the general public with regard to the ongoing KenolKobil key shareholders’ acquisition by Puma Energy and the recent profit warning announcement, KenolKobil Ltd will issue an update on the Cautionary Statement issued last month.

The update will provide progress details on the Due Diligence process by Puma Energy, Regulatory and CMA approvals, final price confirmation and the recent profit warning announcement.
We expect to issue the update early next week.
http://www.kenolkobil.co.../content/article/58/315
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youcan'tstopusnow
#798 Posted : Thursday, June 21, 2012 1:28:01 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
All I heard was 'final price confirmation'smile
D-DAY!
GOD BLESS YOUR LIFE
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  | | Edit by user: Thursday, June 21, 2012 1:31 PM | Reason: Not specified
mwekez@ji
#799 Posted : Thursday, June 21, 2012 1:29:47 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
The temptation to add more of KeKe is very high Drool
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youcan'tstopusnow
#800 Posted : Thursday, June 21, 2012 1:33:31 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwekez@ji wrote:
The temptation to add more of KeKe is very high Drool

I hope CMA does not interfere with the share after announcement. LET IT BE!
GOD BLESS YOUR LIFE
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