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Is NOCK buying Kenol Kobil?
MoneyMonger
#51 Posted : Thursday, May 16, 2013 10:11:56 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
Aguytrying wrote:
Demand at 10.85 intra day limit, no supply!
Truly theres something cooking.
you've gotta love this share


Just wondering why CMA has not acted to shelve the share from trading as they did with PUMA deal, that would mean they have not been notified of the deal officially, reason why?. Meanwhile let the party rock!
There is nothing as dangerous as an Idea, when there is only one Idea
stock.enigma
#52 Posted : Thursday, May 16, 2013 10:13:35 AM
Rank: Member

Joined: 8/14/2009
Posts: 244
Where is #vvs. He is the only one I listed to when it comes to KK
MoneyMonger
#53 Posted : Thursday, May 16, 2013 10:14:30 AM
Rank: Member

Joined: 4/25/2012
Posts: 110
the deal wrote:
My trade looking good already smile


good DEAL for you!!
There is nothing as dangerous as an Idea, when there is only one Idea
theking
#54 Posted : Thursday, May 16, 2013 10:48:12 AM
Rank: Member

Joined: 1/25/2010
Posts: 344
MoneyMonger wrote:
the deal wrote:
My trade looking good already smile


good DEAL for you!!


from 9/= to today's price is already 20% gross
VituVingiSana
#55 Posted : Thursday, May 16, 2013 2:32:04 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,366
Location: Nairobi
stock.enigma wrote:
Where is #vvs. He is the only one I listed to when it comes to KK
Thanks. It will b volatile but the Annual Report is very upbeat [not that I expect them to be depressing] and Segman is under pressure to perform. Come for the AGM on 30th May. I think we will be pleasantly surprised.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#56 Posted : Thursday, May 16, 2013 3:15:30 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
following the rumour mill, if nock was really to buy out an oil marketer. Wouldn't they rather buy TOTAL kenya?

First TOTAL doesn't operate in any other country. Why would nock want to buy into a company with petrol stations in other countries?

second. It seems more logical for a foreign based company to pack up and go,( Like mobil, BP, Agip in the past) unlike a kenyan based firm to sell to gava.

Stranger things have happened though, time, as usual, will tell.

The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#57 Posted : Thursday, May 16, 2013 3:20:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,366
Location: Nairobi
Aguytrying wrote:
following the rumour mill, if nock was really to buy out an oil marketer. Wouldn't they rather buy TOTAL kenya?
Regional expansion like many other Kenyan firms. I am not saying it is a good idea for NOCK as a GoK entity to go regional but the possibility is there since Kenya remains very competitive

First TOTAL doesn't operate in any other country. Why would nock want to buy into a company with petrol stations in other countries?
Total has stations in Uganda. It might be larger than KK in Uganda. That said, Total Kenya is based solely in Kenya.

second. It seems more logical for a foreign based company to pack up and go,( Like mobil, BP, Agip in the past) unlike a kenyan based firm to sell to gava. True but...

Stranger things have happened though, time, as usual, will tell.


Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#58 Posted : Thursday, May 16, 2013 3:23:35 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Oil Libya KE belongs to Libya (why not NOCK?) and Total has its owners, Outmere* So...back to KK smile
youcan'tstopusnow
#59 Posted : Thursday, May 16, 2013 3:47:50 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Oil Libya KE belongs to Libya (why not NOCK?) and Total has its owners, Outmere* So...back to KK smile

If the rumour were true, it would be great - GOK showing some muscle, what with NOCK also prospecting for oil. Hio ni kazi nzuri sana ala Sonangol, Petrobras, Aramco, PDVSA na wengineo. Some (if not all) of the PSC's even afford the Government a back-in right in case of any successful exploration. If the GOK were to activate that right, I would imagine NOCK would be the beneficiary.
GOD BLESS YOUR LIFE
Cde Monomotapa
#60 Posted : Thursday, May 16, 2013 3:55:19 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
Oil Libya KE belongs to Libya (why not NOCK?) and Total has its owners, Outmere* So...back to KK smile

If the rumour were true, it would be great - GOK showing some muscle, what with NOCK also prospecting for oil. Hio ni kazi nzuri sana ala Sonangol, Petrobras, Aramco, PDVSA na wengineo. Some (if not all) of the PSC's even afford the Government a back-in right in case of any successful exploration. If the GOK were to activate that right, I would imagine NOCK would be the beneficiary.

Mosdef. NOCK in Upstream & through a proper refinery, have a expansive local & Pan-African/grobo* Downstream network. That's perfect.
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