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KenolKobil HY 2015 net profit up 73%
mlennyma
#51 Posted : Tuesday, August 25, 2015 12:04:27 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kk has never rallied for the last 2yrs,on the good side it's yet to crush below 7.90.the stocks that rallied are about to shed all gains. I expect strong demand below 8 if at all it breaks down,there was however an insignificant trade at 7.50 earlier
"Don't let the fear of losing be greater than the excitement of winning."
heri
#52 Posted : Tuesday, August 25, 2015 10:27:15 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
heri
#53 Posted : Tuesday, August 25, 2015 10:28:45 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
IN SUMMARY
Justice Francis Gikonyo has dismissed KPC’s application seeking to disqualify Mr Abdullahi as an arbiter in the dispute.
KPC had argued that Mr Abdullahi’s interview during a live newscast at a local TV station in June last year revealed that he is not capable of conducting the proceedings impartially.
KenolKobil sued KPC in 2006 claiming the State firm had breached a storage agreement the two had signed by allocating space to other oil marketers, including Triton Oil Company which became the centre of a Sh7.6 billion oil theft scandal only three years later.
VituVingiSana
#54 Posted : Wednesday, August 26, 2015 1:51:25 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
Good news for KK. It's a grind but if it can be settled by the time KK is ready for a sale... This is a bonus.
4.6bn plus interest = 4/- per share assuming AA award the same amount to KK vs KPC.
And part of this 4.6bn was in USD. So add 30% to that portion of the award.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Kahuna
#55 Posted : Wednesday, August 26, 2015 8:15:48 AM
Rank: New-farer

Joined: 8/6/2015
Posts: 26
@VVS and other market gurus, how does a novice like myself strike a balance between the good news on this counter and the current Sentiments towards equities ? Is there a possibility that the market will overact in the short term leading to a short lived spike then return to normal inline with the bear market ? Which would mean that we should wait before boarding.
jerry
#56 Posted : Wednesday, August 26, 2015 8:26:05 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Kahuna wrote:
@VVS and other market gurus, how does a novice like myself strike a balance between the good news on this counter and the current Sentiments towards equities ? Is there a possibility that the market will overact in the short term leading to a short lived spike then return to normal inline with the bear market ? Which would mean that we should wait before boarding.

Use your gut feeling. Sometimes it works.
The opposite of courage is not cowardice, it's conformity.
Pesa Nane
#57 Posted : Wednesday, August 26, 2015 9:20:52 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
heri
#58 Posted : Wednesday, August 26, 2015 9:45:43 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Pesa Nane wrote:


@Pesa Nane. Thanks. i did not know they are also in Ethiopia
mlennyma
#59 Posted : Wednesday, August 26, 2015 10:02:54 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The cow continues to fatten,kpc must have abused the birth attendants while pregnant .but is the judiciary in this country business friendly if an investor can wait for 9 yrs and still counting? ??the best way now would be kpc to call Kk and talk outside court.
"Don't let the fear of losing be greater than the excitement of winning."
mlennyma
#60 Posted : Wednesday, August 26, 2015 10:04:58 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
VituVingiSana wrote:
Good news for KK. It's a grind but if it can be settled by the time KK is ready for a sale... This is a bonus.
4.6bn plus interest = 4/- per share assuming AA award the same amount to KK vs KPC.
And part of this 4.6bn was in USD. So add 30% to that portion of the award.

patience pays,I have offered myself as a sacrifice to stay and die here
"Don't let the fear of losing be greater than the excitement of winning."
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