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KENOL KOBIL .... 2012
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Cde Monomotapa wrote:Hii ni mawe. Vaa helmet....
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Andre D’Simone, the managing director at a transaction advisor, Kestrel Capital, said investors needed to exercise extra caution while dealing with the oil marketer’s stock but could not confirm on the progress of Puma’s takeover bid. “Investors should be very cautious in trading on this stock but as far as I know, the negotiations are still ongoing,” said D’Simone. By Moses Michira
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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from the ongoing 'body language', this deal is off. By the way, who can invest in a 'socialist' sector that KK is in. @vvs, you keep refering to 10yrs all the time. Do you think what can happen in 10yrs? - electric cars? - cheap hydro and wind power? - socialist presidents policies? - economic sactions? - nationalization, etc for Warren's case, he could have survived because of diversification, but investing in an oil industry and waiting for 10yrs is over stretching your imagination and luck. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Who said, 1. electric cars will replace fuel cars in 10yrs? is it that easy? is fuel only used by cars? why are foreign investors fighting to get a share of the oil blocks in northern Kenya? 2. Hydro...draught??? what are our energy demands?? 3. Socialist policies??? read the constitution 4. economic sanctions? why do you assume suspects will be elected? 5. nationalization..??? read the constitution.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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dunkang wrote:from the ongoing 'body language', this deal is off.Not so fast
By the way, who can invest in a 'socialist' sector that KK is in. You call it socialist? Fact! Puma wants a share no the whole of it..... Fact! Shell is now claiming preemptive rights in KK.... Fact! foreign investors are looking for a share of oil fields up north. Fact! thats the sector that KK is in no socialism pure capitalism
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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Jamani wrote:Who said, 1. electric cars will replace fuel cars in 10yrs? is it that easy? is fuel only used by cars? why are foreign investors fighting to get a share of the oil blocks in northern Kenya? 2. Hydro...draught??? what are our energy demands?? 3. Socialist policies??? read the constitution 4. economic sanctions? why do you assume suspects will be elected? 5. nationalization..??? read the constitution.
i never said they will, but what can happen in 10yrs. Ever heard of gibe cascades, the 6000MW GRD project in Ethiopia? Turkana wind? Socialist yes. What then are RAO's policies? Nationalization not in Kenya but in other states that KK operates. Boss, in 10yrs, the new kabita might be ammended 100times and be like the old one, kweli au rongo? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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@Jamani, how capitalist are the price controls by the ERC? FYI, am not laughing or thinking am 'brighter' than KK fans. Am in a worse of situation at TOTAL (K). What am challenging is @VVS equating Berkshire Hathaway and KK and worse, stating that he can hold KK for 10yrs and not worry at all. 10yrs? 10yrs? Boss, thats too much. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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dunkang wrote:from the ongoing 'body language', this deal is off.
By the way, who can invest in a 'socialist' sector that KK is in.
@vvs, you keep refering to 10yrs all the time. Do you think what can happen in 10yrs? - electric cars? - cheap hydro and wind power? - socialist presidents policies? - economic sactions? - nationalization, etc
for Warren's case, he could have survived because of diversification, but investing in an oil industry and waiting for 10yrs is over stretching your imagination and luck. Actually, WB is specific about 'a firm' [not diversification] in his quote. He is discussing quality firms [includes quality management] that can roll with the times. KK in 10 years with: - electric cars? Cars need to be charged. I have seen electrical 'chargers' at various locations in the US. You pay with a credit card. So many KK stations can offer charging services. Electric cars will reduce the demand for petroleum fuel which leads to lower prices which leads to increased consumption during the 10 years as combustion cars are phased out. We have 30yr old Bedford lorries. 10 yr cars will not be abandoned- cheap hydro and wind power? See electric cars.- socialist presidents policies? We are all effed. Few private firm/investment survives in the long-term?
- economic sanctions? Many firms are effed. Few private firm/investment survives in the long-term but some become smart/adapt. SA 'created' diesel from coal during apartheid- nationalization, etc? See socialism. Mta-do? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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dunkang wrote:@Jamani, how capitalist are the price controls by the ERC?
FYI, am not laughing or thinking am 'brighter' than KK fans. Am in a worse of situation at TOTAL (K).
What am challenging is @VVS equating Berkshire Hathaway and KK and worse, stating that he can hold KK for 10yrs and not worry at all.
10yrs? 10yrs?
Boss, thats too much. That's WB's quotation not mine. Considering he has been doing quite well for over 60yrs, I figure he knows a little something about investing  over the long term. Finally, WB was referring to 'a firm' not specifically BH. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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