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KENOL-KOBIL 2014
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mkeiy
#21 Posted : Friday, January 03, 2014 12:30:41 PM
Rank: Member

Joined: 1/27/2012
Posts: 851
Location: Nairobi
FUNKY wrote:
They had decided to sell their non core assets to reduce their debt levels!


@Funky, That is why i'm seeking to know whether they did sell eventually.
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Realtreaty
#22 Posted : Tuesday, January 07, 2014 10:52:05 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,388
With Uganda refinery getting ready for the oil, Kenol-kobil may be the errand boy to play the local marketing of the commodity in East and central Africa. Ofcourse not all oil from Uganda will go down to mombasa for export as 40% will be consumed locally. What KK is doing is boosting its storage facilities as a buffer to the market and even may even expand acreage in Busia to store unprocessed crude oil from Uganda to top up during low production periods. I can see the price at above 15 so soon and even race like Total to 25-30 Kes.Segman did not go to sleep but is working as hard as anyone to recapture the market.
Quote:
"A market is where you take your product to meet the customer"
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Aguytrying
#23 Posted : Tuesday, January 07, 2014 10:06:18 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Realtreaty wrote:
With Uganda refinery getting ready for the oil, Kenol-kobil may be the errand boy to play the local marketing of the commodity in East and central Africa. Ofcourse not all oil from Uganda will go down to mombasa for export as 40% will be consumed locally. What KK is doing is boosting its storage facilities as a buffer to the market and even may even expand acreage in Busia to store unprocessed crude oil from Uganda to top up during low production periods. I can see the price at above 15 so soon and even race like Total to 25-30 Kes.Segman did not go to sleep but is working as hard as anyone to recapture the market.
Quote:
"A market is where you take your product to meet the customer"


where do you get your information?
The investor's chief problem - and even his worst enemy - is likely to be himself
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murchr
#24 Posted : Tuesday, January 07, 2014 10:38:36 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Aguytrying wrote:
Realtreaty wrote:
With Uganda refinery getting ready for the oil, Kenol-kobil may be the errand boy to play the local marketing of the commodity in East and central Africa. Ofcourse not all oil from Uganda will go down to mombasa for export as 40% will be consumed locally. What KK is doing is boosting its storage facilities as a buffer to the market and even may even expand acreage in Busia to store unprocessed crude oil from Uganda to top up during low production periods. I can see the price at above 15 so soon and even race like Total to 25-30 Kes.Segman did not go to sleep but is working as hard as anyone to recapture the market.
Quote:
"A market is where you take your product to meet the customer"


where do you get your information?


where are u leaving NOCK?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Angelica _ann
#25 Posted : Tuesday, January 07, 2014 10:44:37 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
murchr wrote:
Aguytrying wrote:
Realtreaty wrote:
With
Uganda refinery getting ready for the oil, Kenol-kobil may be the
errand boy to play the local marketing of the commodity in East and
central Africa. Ofcourse not all oil from Uganda will go down to mombasa
for export as 40% will be consumed locally. What KK is doing is
boosting its storage facilities as a buffer to the market and even may
even expand acreage in Busia to store unprocessed crude oil from Uganda
to top up during low production periods. I can see the price at above
15 so soon and even race like Total to 25-30 Kes.Segman did not go to
sleep but is working as hard as anyone to recapture the
market.
Quote:
"A market is where you take your product to meet
the customer"


where do you get your information?


where are u leaving NOCK?


NOCK in Uganda???
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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murchr
#26 Posted : Tuesday, January 07, 2014 11:44:39 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Angelica _ann wrote:
murchr wrote:
Aguytrying wrote:
Realtreaty wrote:
With
Uganda refinery getting ready for the oil, Kenol-kobil may be the
errand boy to play the local marketing of the commodity in East and
central Africa. Ofcourse not all oil from Uganda will go down to mombasa
for export as 40% will be consumed locally. What KK is doing is
boosting its storage facilities as a buffer to the market and even may
even expand acreage in Busia to store unprocessed crude oil from Uganda
to top up during low production periods. I can see the price at above
15 so soon and even race like Total to 25-30 Kes.Segman did not go to
sleep but is working as hard as anyone to recapture the
market.
Quote:
"A market is where you take your product to meet
the customer"


where do you get your information?


where are u leaving NOCK?


NOCK in Uganda???


The refinery Uganda is building is a joint venture between the COW (coalition of the willing), Kenya will be a shareholder in that.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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VituVingiSana
#27 Posted : Tuesday, January 21, 2014 12:04:42 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Seems Kenolkobil is back in play. There have been some good volumes traded today. Ultimately, it has (or will) sell non-core assets [at a hefty gain vs what they show in the books], cut down on debt and streamline their businesses.

I expect a suitor to come in at 12-15 [not 18-22 as previously thought] within 12-18 months.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Realtreaty
#28 Posted : Tuesday, January 21, 2014 5:56:43 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,388
VituVingiSana wrote:
Seems Kenolkobil is back in play. There have been some good volumes traded today. Ultimately, it has (or will) sell non-core assets [at a hefty gain vs what they show in the books], cut down on debt and streamline their businesses.

I expect a suitor to come in at 12-15 [not 18-22 as previously thought] within 12-18 months.

That will seem like giving your wife to another man!!!!Shame on you This is a NO DEAL!!!! A deal less than 18-21 will be useless and shameful. With the cases in courts over KK is worth more than 25Kes.smile
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SittingPretty
#29 Posted : Tuesday, January 21, 2014 6:49:02 PM
Rank: Member

Joined: 2/16/2013
Posts: 123
Location: MSA
murchr wrote:
Angelica _ann wrote:
murchr wrote:
Aguytrying wrote:
Realtreaty wrote:
With
Uganda refinery getting ready for the oil, Kenol-kobil may be the
errand boy to play the local marketing of the commodity in East and
central Africa. Ofcourse not all oil from Uganda will go down to mombasa
for export as 40% will be consumed locally. What KK is doing is
boosting its storage facilities as a buffer to the market and even may
even expand acreage in Busia to store unprocessed crude oil from Uganda
to top up during low production periods. I can see the price at above
15 so soon and even race like Total to 25-30 Kes.Segman did not go to
sleep but is working as hard as anyone to recapture the
market.
Quote:
"A market is where you take your product to meet
the customer"


where do you get your information?


where are u leaving NOCK?


NOCK in Uganda???


The refinery Uganda is building is a joint venture between the COW (coalition of the willing), Kenya will be a shareholder in that.

To my Knowledge the only stake the GOK will have in the refinery is the Pipeline which would be a two way. However EAC would be better of perhaps only refining destillates for local consumption and the surplus crude export. Since competing with the likes of reliance in the distillates market might not be so easy.
As of KK being the leading petrol boy on the East African scene that is almost true especially with its vast assets and local shareholders. A good comparison in a small way would be BP and the storage assets at Cushing for WTI and the Britain for Brent.
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
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VituVingiSana
#30 Posted : Tuesday, January 21, 2014 10:13:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Realtreaty wrote:
VituVingiSana wrote:
Seems Kenolkobil is back in play. There have been some good volumes traded today. Ultimately, it has (or will) sell non-core assets [at a hefty gain vs what they show in the books], cut down on debt and streamline their businesses.

I expect a suitor to come in at 12-15 [not 18-22 as previously thought] within 12-18 months.

That will seem like giving your wife to another man!!!!Shame on you This is a NO DEAL!!!! A deal less than 18-21 will be useless and shameful. With the cases in courts over KK is worth more than 25Kes.smile
I have been married to her long enough. She has become a Momo. He can have her as long as he refunds the dowry with modest interest. I need to replace her with a younger model anyway. Drool Drool Drool
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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