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Is NOCK buying Kenol Kobil?
FUNKY
#11 Posted : Tuesday, May 14, 2013 11:13:35 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Huge trades are being transacted every minute!!
hisah
#12 Posted : Tuesday, May 14, 2013 11:14:34 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
16M shares have traded with an upthrust to 10.40 now reversed down to 9.00. I said a few weeks back 9/- has not yet been properly tested. Tread carefully.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
tis
#13 Posted : Tuesday, May 14, 2013 11:15:59 AM
Rank: Hello

Joined: 5/8/2013
Posts: 1
16.8m volume at 9.00 shillings. what is hapening here. is there a likely hood of a deal like cfc?
mwekez@ji
#14 Posted : Tuesday, May 14, 2013 11:17:46 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
16M shares have traded with an upthrust to 10.40 now reversed down to 9.00. I said a few weeks back 9/- has not yet been properly tested. Tread carefully.


#Well noted
VituVingiSana
#15 Posted : Tuesday, May 14, 2013 11:23:10 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
hisah wrote:
16M shares have traded with an upthrust to 10.40 now reversed down to 9.00. I said a few weeks back 9/- has not yet been properly tested. Tread carefully.
Whoa! This is good news for buyers.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#16 Posted : Tuesday, May 14, 2013 11:38:57 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
hisah wrote:
16M shares have traded with an upthrust to 10.40 now reversed down to 9.00. I said a few weeks back 9/- has not yet been properly tested. Tread carefully.
Whoa! This is good news for buyers.

Interesting...looks like one of the big guys aint done selling yet....but still a buyers stock...Let me put in a bid...
VituVingiSana
#17 Posted : Tuesday, May 14, 2013 1:35:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
And KK back to 9.90 and @thedeal must be jumping with joy. Just check the bids. They want 1.87mn shares albeit at lower prices.

BIDS 1.85M
Quantity Price Splits Time
30,500 9.60 2 13:33:01
101,600 9.50 2 13:33:01
1,000 9.40 1 13:33:01
20,100 9.30 3 13:33:01
60,000 9.25 2 13:33:01
ASKS 668,000
Quantity Price Splits Time
98,000 9.90 1 13:33:01
60,700 9.95 2 13:33:01
24,400 10.20 1 13:33:01
150,000 10.30 2 13:33:01
12,400 10.35 3 13:33:01
TRADES
Quantity Price Time
1,000 9.90 13:31:07
500 9.90 13:31:07
500 9.90 13:27:05
700 9.80 13:26:23
463,000 9.50 13:09:05
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mlennyma
#18 Posted : Tuesday, May 14, 2013 2:26:39 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I could have speculated but iam out of cash until ak's fate is known.
"Don't let the fear of losing be greater than the excitement of winning."
Aguytrying
#19 Posted : Tuesday, May 14, 2013 2:38:22 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
From now ill just put an order sub 9.50 and wait even for a month assuming the seller keeps selling. It goes to 9.00 and back to 9.50 in a flash
The investor's chief problem - and even his worst enemy - is likely to be himself
Kausha
#20 Posted : Tuesday, May 14, 2013 2:40:23 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
Either way and it's well know KK was on the chopping board for 41 bob and PUMA were only offering 29 bob. Surely nobody would be selling KK for 17.35 would there be?

I suspect Star have oil Libya in mind. Highly unlikely KK is being sold this year at least not for 25B. I think KK will want to refocus the business and correct the errors pointed out by PUMA before selling. NOCK have no clue what they do. Kenol is highly rated in the region for having the best understanding of the subsaharan downstream market. Certainly NOCK other than being a national oil company have everything to gain and would have to pay a premium to KK.
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