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Is NOCK buying Kenol Kobil?
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selah
#1 Posted : Tuesday, May 14, 2013 9:57:23 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I have read in the Star(Forgive me for this)today That Nock in a secret 25.5B deal codenamed 'Operation Chui' is in the process of buying a big local retailer with more than 160 service stations and numerous storage facilities.I am suspecting KK if the story has any truth to it.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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mlennyma
#2 Posted : Tuesday, May 14, 2013 10:04:43 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Nock is gava,and can negotiate the pending cases well,if true you cant rule out surbotage by gvt in pumas deal.
"Don't let the fear of losing be greater than the excitement of winning."
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MoneyMonger
#3 Posted : Tuesday, May 14, 2013 10:11:27 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
selah wrote:
I have read in the Star(Forgive me for this)today That Nock in a secret 25.5B deal codenamed 'Operation Chui' is in the process of buying a big local retailer with more than 160 service stations and numerous storage facilities.I am suspecting KK if the story has any truth to it.


Too soon after PUMA exit. Stealth operation indeed, if true. The amount involved is similar to what the PUMA deal was valued at... is GOK trying to ready its tummies for the oil find? lets wait and see.

Link please.
There is nothing as dangerous as an Idea, when there is only one Idea
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cnn
#4 Posted : Tuesday, May 14, 2013 10:23:43 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
The market reacts...10.40
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Impunity
#5 Posted : Tuesday, May 14, 2013 10:25:26 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
MoneyMonger wrote:
selah wrote:
I have read in the Star(Forgive me for this)today That Nock in a secret 25.5B deal codenamed 'Operation Chui' is in the process of buying a big local retailer with more than 160 service stations and numerous storage facilities.I am suspecting KK if the story has any truth to it.


Too soon after PUMA exit. Stealth operation indeed, if true. The amount involved is similar to what the PUMA deal was valued at... is GOK trying to ready its tummies for the oil find? lets wait and see.

Link please.


If true then this would be a show stopper in the Kenyan oils industry...for the first time we will have a national oil company dominating the market in Kenya...much like in countries like Venezuela and Iran.
Any good deal for me wanjiku?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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VituVingiSana
#6 Posted : Tuesday, May 14, 2013 10:26:18 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
As long as it is a fair price. Minimum should be 15 [I have reduced the 'ask' after the hedge & other losses in 2H as well]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mawinder
#7 Posted : Tuesday, May 14, 2013 10:31:24 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
mlennyma wrote:
Nock is gava,and can negotiate the pending cases well,if true you cant rule out surbotage by gvt in pumas deal.

I thought the govt embarked on privatisation and this goes against the spirit?I suspect it is the usual gutter.
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MoneyMonger
#8 Posted : Tuesday, May 14, 2013 10:45:05 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
Huge volumes, about 2M, sold at 9.50 I want to pretend I am not a believer of coincidence and that someone doesn't know more than we/I do.
There is nothing as dangerous as an Idea, when there is only one Idea
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hisah
#9 Posted : Tuesday, May 14, 2013 10:48:13 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Volatility of oil stocks. Caution...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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guru267
#10 Posted : Tuesday, May 14, 2013 10:49:20 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Equivalent to 17.35bob per share!

A 2nd chance to KK shareholders... smile

Mark 12:29
Deuteronomy 4:16
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