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KenolKobil FY15 Earnings up 85%
Aguytrying
#41 Posted : Sunday, March 20, 2016 4:47:14 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@Spikes. Didn't you ride access from 22 to 4 then sold and missed out on take over? When you were QW?
The investor's chief problem - and even his worst enemy - is likely to be himself
Spikes
#42 Posted : Sunday, March 20, 2016 6:37:49 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Aguytrying wrote:
@Spikes. Didn't you ride access from 22 to 4 then sold and missed out on take over? When you were QW?


What do you mean by QW ? Qualified Wrestler or Quantified Winner ?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
whiteowl
#43 Posted : Monday, March 21, 2016 10:21:47 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Spikes wrote:
mlennyma wrote:
whiteowl wrote:
Been in this since 8/= and I'm not selling unless I see a crazy rally.The turnaround is complete and now it's all profits for the coming years.

capital gains aside for now, before I finish the final yr dividend,an interim will have been declared to keep me eating all year round,I saw something like 11.60 anything above 14 is very tempting so help me God to overcome temptations


When it hits 14 offload and relax. You will board @8 together with me!


If at 14 its overvalued and you reco sell why then would you be a buyer at 8? Wouldn't 8 be your fair value? Anyway, nothing has changed, management is great and I don't need the money now so there is no reason for me to sell.
mlennyma
#44 Posted : Monday, March 21, 2016 10:37:37 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
whiteowl wrote:
Spikes wrote:
mlennyma wrote:
whiteowl wrote:
Been in this since 8/= and I'm not selling unless I see a crazy rally.The turnaround is complete and now it's all profits for the coming years.

capital gains aside for now, before I finish the final yr dividend,an interim will have been declared to keep me eating all year round,I saw something like 11.60 anything above 14 is very tempting so help me God to overcome temptations


When it hits 14 offload and relax. You will board @8 together with me!


If at 14 its overvalued and you reco sell why then would you be a buyer at 8? Wouldn't 8 be your fair value? Anyway, nothing has changed, management is great and I don't need the money now so there is no reason for me to sell.

selling with a solid plan for the proceeds isn't a bad thing,as for me i don't have so my next focus is H1 2016,iam waiting to see where liquidity will head to with government yields falling and the imf facility which further keeps the govt more comfortable
"Don't let the fear of losing be greater than the excitement of winning."
whiteowl
#45 Posted : Monday, March 21, 2016 10:46:14 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
mlennyma wrote:
whiteowl wrote:
Spikes wrote:
mlennyma wrote:
whiteowl wrote:
Been in this since 8/= and I'm not selling unless I see a crazy rally.The turnaround is complete and now it's all profits for the coming years.

capital gains aside for now, before I finish the final yr dividend,an interim will have been declared to keep me eating all year round,I saw something like 11.60 anything above 14 is very tempting so help me God to overcome temptations


When it hits 14 offload and relax. You will board @8 together with me!


If at 14 its overvalued and you reco sell why then would you be a buyer at 8? Wouldn't 8 be your fair value? Anyway, nothing has changed, management is great and I don't need the money now so there is no reason for me to sell.

selling with a solid plan for the proceeds isn't a bad thing,as for me i don't have so my next focus is H1 2016,iam waiting to see where liquidity will head to with government yields falling and the imf facility which further keeps the govt more comfortable


Actually this year I expect a harsh liquidity vacuum coz of gov loan repayments so I reduced my stake at NSE .This is the only stock I'm left holding.
Aguytrying
#46 Posted : Monday, March 21, 2016 10:47:02 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mlennyma wrote:
whiteowl wrote:
Spikes wrote:
mlennyma wrote:
whiteowl wrote:
Been in this since 8/= and I'm not selling unless I see a crazy rally.The turnaround is complete and now it's all profits for the coming years.

capital gains aside for now, before I finish the final yr dividend,an interim will have been declared to keep me eating all year round,I saw something like 11.60 anything above 14 is very tempting so help me God to overcome temptations


When it hits 14 offload and relax. You will board @8 together with me!


If at 14 its overvalued and you reco sell why then would you be a buyer at 8? Wouldn't 8 be your fair value? Anyway, nothing has changed, management is great and I don't need the money now so there is no reason for me to sell.

selling with a solid plan for the proceeds isn't a bad thing,as for me i don't have so my next focus is H1 2016


Looking at the lack of demand today looks like we are headed back to comfort zone or the new comfort zone.

After a 30% gain on KK last Friday I only had 1 regret, why didn't I buy more at 8.00!? Lord knows I tried. If the bear pushes it back there I will be buying kk like no one's business. And the bear is strong. Equity, arm,printing lower lows today. This rally to 11 is just a foretaste of what is to come when the bulls return.
The investor's chief problem - and even his worst enemy - is likely to be himself
mlennyma
#47 Posted : Monday, March 21, 2016 11:01:11 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
whiteowl wrote:
mlennyma wrote:
whiteowl wrote:
Spikes wrote:
mlennyma wrote:
whiteowl wrote:
Been in this since 8/= and I'm not selling unless I see a crazy rally.The turnaround is complete and now it's all profits for the coming years.

capital gains aside for now, before I finish the final yr dividend,an interim will have been declared to keep me eating all year round,I saw something like 11.60 anything above 14 is very tempting so help me God to overcome temptations


When it hits 14 offload and relax. You will board @8 together with me!


If at 14 its overvalued and you reco sell why then would you be a buyer at 8? Wouldn't 8 be your fair value? Anyway, nothing has changed, management is great and I don't need the money now so there is no reason for me to sell.

selling with a solid plan for the proceeds isn't a bad thing,as for me i don't have so my next focus is H1 2016,iam waiting to see where liquidity will head to with government yields falling and the imf facility which further keeps the govt more comfortable


Actually this year I expect a harsh liquidity vacuum coz of gov loan repayments so I reduced my stake at NSE .This is the only stock I'm left holding.

lets watch as the maturity nears
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#48 Posted : Monday, March 21, 2016 11:11:22 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
Aguytrying wrote:
mlennyma wrote:
whiteowl wrote:
Spikes wrote:
mlennyma wrote:
whiteowl wrote:
Been in this since 8/= and I'm not selling unless I see a crazy rally.The turnaround is complete and now it's all profits for the coming years.

capital gains aside for now, before I finish the final yr dividend,an interim will have been declared to keep me eating all year round,I saw something like 11.60 anything above 14 is very tempting so help me God to overcome temptations


When it hits 14 offload and relax. You will board @8 together with me!


If at 14 its overvalued and you reco sell why then would you be a buyer at 8? Wouldn't 8 be your fair value? Anyway, nothing has changed, management is great and I don't need the money now so there is no reason for me to sell.

selling with a solid plan for the proceeds isn't a bad thing,as for me i don't have so my next focus is H1 2016


Looking at the lack of demand today looks like we are headed back to comfort zone or the new comfort zone.

After a 30% gain on KK last Friday I only had 1 regret, why didn't I buy more at 8.00!? Lord knows I tried. If the bear pushes it back there I will be buying kk like no one's business. And the bear is strong. Equity, arm,printing lower lows today. This rally to 11 is just a foretaste of what is to come when the bulls return.

There's a Buffett quote/story that goes something like this:
If you see socks on discount this week, do you lament they weren't on discount last week or buy more pairs to last you a few more weeks when the price will likely be back to 'normal'?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mlennyma
#49 Posted : Tuesday, March 22, 2016 12:26:42 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
,National Oil Corporation of Kenya (NOCK) is set to announce plans to cut its cooking gas
package prices by over 60% (through a Government subsidy plan) to drive use of cleaner energy
in poor households and using innovative access methods such as community kitchens. The state
corporation aims to introduce 6.5m new cooking gas cylinders into Kenyan households over the
next three years at a cost of KES 5.6bn annually (June 2017- 1.3m additional, June 2018- {+2.2m,
June 2019 - +3.0m). A paltry 9% of Kenyan households use LPG, at an annual consumption of
70MT p.a. NOCK estimates latent/unrealized demand at 200MT p.a. Low cooking gas uptake in
Kenya is attributable to a mix of factors, among them inadequate infrastructure, high cost of
cooking and lighting equipment and a weak distribution network.
NOCK will reduce prices for 3kg and 6kg cooking gas packages by 64% and 61% respectively. The
project starts in July 2016 and will be financed through internally generated revenues, debt and
capital injection from partners. Distribution of the cylinders will be done mostly through women
and youth groups, an exercise expected to create employment opportunities for 1,500 to 2,000
women and youth groups. Kenya ranks among the lowest usage in Africa with a per capita
consumption of 2kg, below the continent’s average of 3kg. Ghana per capita consumption is at
5kg, South Africa 6kg, Senegal 10kg and Ivory Coast 9kg. 97% of Kenyan households use
traditional sources of cooking energy such as wood and charcoal. Kenya’s primary energy
consumption mix is at 68% for biomass, 22% for petroleum and 9% for electricity. NOCK is a
fully integrated State Corporation involved in all aspects of the petroleum supply chain covering
the upstream oil and gas exploration, midstream petroleum infrastructure development and
downstream marketing of petroleum products. ,
"Don't let the fear of losing be greater than the excitement of winning."
mlennyma
#50 Posted : Tuesday, March 22, 2016 12:37:01 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
mlennyma wrote:
,National Oil Corporation of Kenya (NOCK) is set to announce plans to cut its cooking gas
package prices by over 60% (through a Government subsidy plan) to drive use of cleaner energy
in poor households and using innovative access methods such as community kitchens. The state
corporation aims to introduce 6.5m new cooking gas cylinders into Kenyan households over the
next three years at a cost of KES 5.6bn annually (June 2017- 1.3m additional, June 2018- {+2.2m,
June 2019 - +3.0m). A paltry 9% of Kenyan households use LPG, at an annual consumption of
70MT p.a. NOCK estimates latent/unrealized demand at 200MT p.a. Low cooking gas uptake in
Kenya is attributable to a mix of factors, among them inadequate infrastructure, high cost of
cooking and lighting equipment and a weak distribution network.
NOCK will reduce prices for 3kg and 6kg cooking gas packages by 64% and 61% respectively. The
project starts in July 2016 and will be financed through internally generated revenues, debt and
capital injection from partners. Distribution of the cylinders will be done mostly through women
and youth groups, an exercise expected to create employment opportunities for 1,500 to 2,000
women and youth groups. Kenya ranks among the lowest usage in Africa with a per capita
consumption of 2kg, below the continent’s average of 3kg. Ghana per capita consumption is at
5kg, South Africa 6kg, Senegal 10kg and Ivory Coast 9kg. 97% of Kenyan households use
traditional sources of cooking energy such as wood and charcoal. Kenya’s primary energy
consumption mix is at 68% for biomass, 22% for petroleum and 9% for electricity. NOCK is a
fully integrated State Corporation involved in all aspects of the petroleum supply chain covering
the upstream oil and gas exploration, midstream petroleum infrastructure development and
downstream marketing of petroleum products. ,

instead of partnering with other marketers to make kenyans embrace the use of cooking gas ,the government through nock plays dirty tricks to become a monopoly kind of ,this reminds me of a directive that all government vehicles must fuel at nock...the biggest threat to oil marketers is now definitely the government of kenya,how will other marketers counter this and still make their margins ??
"Don't let the fear of losing be greater than the excitement of winning."
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