See my guesstimated calculations in an earlier.
I expect KES 2/- as EPS for FY 2016 based on what Ohana said re: paying down debt, sale of unprofitable businesses, more stations in Kenya, etc. It is very early in the year BUT we will know more on 18th March. And then more details during the AGM probably 4-8 weeks later where there may be a discussion about the future if shareholders ask.
At a conservative 8 PER = 16/- by April 2017 after FY 2016 results are released. The bogeyman are the elections in Kenya in 2017. I am not worried about Rwanda.
2018 - That's when I expect (speculative) a buyout/takeover to take shape. 20/- if KK maintains its growth in profitability. Of course, the further out one goes the more speculative it becomes.
mlennyma wrote:hisah wrote:KK finally starting to break out from long term resistance levels after years of selling pressure

Next target is a monthly close above 12 handle for bulls to finally run out the bears.
the price should atleast reflect the most profitable oil company in kenya if not the region
*Fill up at KenolKobil. We need the cash to pay down debt. KQ & cronies pay cash. Thank You. Come Again.*
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett