the deal wrote:VituVingiSana wrote:Profit Warning. 2H 2012 significantly worse than 2H 2011.
The price will fall to sub-10 & perhaps even start flirting with KES 8..
I gotta admit as @guru said... being in a price regulated industry where one cannot pass on costs is a losing affair no matter how good you are.
Interesting...is H2 2012.a loss or a profit...if its a profit even if its KES20mn lets be optimistic. ..Total & Kenol should gang up on ERC and demand for price formula to be reviewed...they cant be selling stock at a loss...a 5 day strike which paralyses the whole transport sector would do...
KK is always shorting the market, posting low prices below even whats recommended by ERC!In this industry there is the big four(KK, TKL,OIlibya and Shell-Vivo)and then the rest, who for the last couple of years have been investing in infrustructure. And if KK and TKL ganged up, the independents would have a field!.... one other, no OMC would ever dare be in bad books with MOE, you will be fried! KK knows that very well!
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11