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Horton		#81 Posted : Monday, May 10, 2010 11:05:59 AM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		winston wrote: While the award stands until struck off or set aside(from legal perspective), shouldnt KK reverse it from their books (from accounting perspective)? They havent "factored\| that into their earnings...expecting maybe...factored NO!! They had even put out a press statement...or a cautionary statement... And why are people missinterpreting the judgment?? It doesnt mean that they have lost the cash and the verdict is against them?? All it means is that KPC has a right to appeal...dont mean squat!! They can only appeal the amount and not the arbitration... Chumps will start chasing this in less than a month again... Also the PE at these prices are at 10...!!
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mv_ufanisi		#82 Posted : Monday, May 10, 2010 11:26:51 AM
Rank: Member Joined: 1/15/2010 Posts: 625		I hope it hits 80!
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winston		#83 Posted : Monday, May 10, 2010 1:02:54 PM
Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi		@horton - thanks for the clarification
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Fundaah		#84 Posted : Monday, May 10, 2010 2:29:00 PM
Rank: Elder Joined: 11/19/2008 Posts: 1,267		are they(KK) still interested in BP assets? Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
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VituVingiSana		#85 Posted : Tuesday, May 11, 2010 2:20:44 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,362 Location: Nairobi		@fundaah - Yes, but no idea where... I am sure Zambia is in the cross-hairs... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Govmusili		#86 Posted : Tuesday, May 11, 2010 6:13:54 AM
Rank: New-farer Joined: 1/13/2010 Posts: 85 Location: Nairobi		good, shuka kabisa!!!! guyz there is still money to be made from this stock. Lets see how low it can go if it gets below 80 i think it would make a terrific buy.
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VituVingiSana		#87 Posted : Tuesday, May 11, 2010 9:24:22 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,362 Location: Nairobi		Ati, 80/-... I bought in jana at 95/- (tho leo at 91) but I am sure I will be OK... wait & watch... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Gordon Gekko		#88 Posted : Tuesday, May 11, 2010 1:02:32 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		Picked some today at 93.50, haven't done the maths yet but it will raise my average of 67.89. Tomorrow I will try at 91, if my KQ order at 56 doesn't go through. I have total faith in this counter.
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Govmusili		#89 Posted : Tuesday, May 11, 2010 2:36:51 PM
Rank: New-farer Joined: 1/13/2010 Posts: 85 Location: Nairobi		guyz i need some advice, since the books are closing on 21 may,and closure of the books always results in the stock dipping, would it be better to get Kenol/kobil b4 friday or wait until 21st. Also after the AGM on 20Th if they decide on the split is it immediate or do they set a date. Responces will b appreciated.
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cnn		#90 Posted : Tuesday, May 11, 2010 3:42:53 PM
Rank: Veteran Joined: 6/17/2009 Posts: 1,627		who told you they always dip? Look at all the strong companies which have gone ex-divided in the last two months and see whether there has been any significant fall.At the current price KK is a buy for me.
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