*Please help KK to become debt-free by filling up at KK. KQ & friends to pay cash lest they collapse. Thank You. Come Again.*

KQ lost money in 2012. GoK controlled firm. Continued losing money in 2013, 2014, 2015... I expect a loss for FY 2015-16. Probably even 2016-17. Fuel/Oil prices dropped and still losing money. Continued entering losing hedges. Begging for a bailout. Needs a Rights Issue. @VVS sold out of KQ.

KK lost money in 2012. Private firm. Turned around & now very profitable. 2016 expected to be profitable. Fuel/Oil prices dropped and now making money. Stopped hedging & made more money. Continued expanding in profitable markets. Dumped unprofitable subsidiaries. @VVS deployed funds from sale of KQ into KK.

does it mean kenol has grown its market share to 15-16 % in 2015?we will not work for the banks hata sisi tuko na tumbo ya kukula pesa

10.25 has printed.
The 'revelation' that KK can pay off all its debt by June 2016 is very good news.

Projects to fund:
1) BP/Castrol plant 500mn
2) New Office Building: 1.5bn

KK has $28mn in debt [says Ohana]. Let's make a huge assumption it's $10mn [anyone with more info? The Annual Report doesn't have enough detail] came from sale of assets & inventories in TZ and DRC so net debt is $18mn.

So if KK can make $6mn cash per month (18/3) that's PBT [assuming cash = profits] of 600mn/month x 12 months = 7.2bn x 70% (tax) = 5bn ... Are talking of EPS KES 3/share in 2016?
*Note that the reduction is debt is also helped by the REDUCTION in the cost of inventory thanks to low(er) fuel prices not just profits*

Let me dial down my enthusiasm. Let's say KK makes just 2/- in 2016. Elections in 2017. Let's stick with 2/- for 2017. What would it be worth in 2018 as a Takeover Target?

This has been my argument all along, Im sure people think i just hate gava firms... Add Mumias, Uchumi to that list. Losses with no end and nobody "cares". Warren Buffet is a genius management, management, management. If KK will be Debt free by mid 2016. With the same man at the helm, and no bad luck. Where do you think the company and the stock will be in 2017 going forwards? Rubbing my hands with glee.

@CDE. so would you rather a stock that stagnates over a 4 year period (KK). Or a stock that loses >80% of its value (KQ 50 - 4.50)

Even in the business daily yesterday he said they fetched "great prices". This most likely means selling at a profit. and the reason for selling all but confirms this. Because the guys who tax evade would be more than happy to acqiure those assests.... They are not being sold coz they are bad or loss making, it s not throw away. 2 years to complete the deal, thats interesting. Could this deal be the reason behind the RAlly??

Were similar with Ohana... I also do not like working for banks and I'm debt free