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The KenolKobil 2015 pendulum
Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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mlennyma wrote:Some hungry wanjikus are creating unnecessary lows LOL.. Very necessary lows COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 8/16/2011 Posts: 2,389
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Price coming down for KK and even Co-op is not my worry, this is a phenomenon and happens every time. This helps those outside to do the buying and who resells just before the Ex-Dvnd rise period to harvest from speculation.(They can wait for dividend or move out before dividend and earn the difference)
For Centum 2018-19 will be a great year. KK will one day have a scrip dvnd or Bonus of 1-5 or equivalent.
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Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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Realtreaty wrote:Price coming down for KK and even Co-op is not my worry, this is a phenomenon and happens every time. This helps those outside to do the buying and who resells just before the Ex-Dvnd rise period to harvest from speculation.(They can wait for dividend or move out before dividend and earn the difference)
For Centum 2018-19 will be a great year. KK will one day have a scrip dvnd or Bonus of 1-5 or equivalent. Comparative analysis of shares in different sectors will never achieve much COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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@vvs please pay Jayantilal his KES 386,000,000 before KENO property is attached... http://www.businessdaily...857580-y2qasy/index.html COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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In 2015 AR, this was the comment on contingent liabilities; Quote: .30 Contingent liabilities The Group is a defendant in various legal actions. In the opinion of the directors, after taking appropriate legal advice, the outcome of such actions will not give rise to any significant loss. The Company has also provided corporate guarantees in favour of subsidiaries and other entities to a maximum of US$ 12.5 million (2014: US $ 21.9 million). In addition, at year end, the Company had transit bonds and performance guarantees totalling KShs 1.1 Billion (2014: KShs 831 million). At every year end, the directors carry out an assessment to ensure that the Company has accounted for all its obligations (both legal and constructive) in accordance with the requirements of IAS 37 (Provisions, Contingent Liabilities and Contingent Assets). Based on the facts available at the time, a provision is recognised if it is deemed to be probable that a payment will be required to be made to settle the obligation. The impact will therefore depend on whether there was a provision for this award in past periods. In case no provision was made the impact will be a small loss of 26cts per share. (386M/1,500M). Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 6/23/2009 Posts: 14,323 Location: nairobi
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Gatheuzi wrote:In 2015 AR, this was the comment on contingent liabilities; Quote: .30 Contingent liabilities The Group is a defendant in various legal actions. In the opinion of the directors, after taking appropriate legal advice, the outcome of such actions will not give rise to any significant loss. The Company has also provided corporate guarantees in favour of subsidiaries and other entities to a maximum of US$ 12.5 million (2014: US $ 21.9 million). In addition, at year end, the Company had transit bonds and performance guarantees totalling KShs 1.1 Billion (2014: KShs 831 million). At every year end, the directors carry out an assessment to ensure that the Company has accounted for all its obligations (both legal and constructive) in accordance with the requirements of IAS 37 (Provisions, Contingent Liabilities and Contingent Assets). Based on the facts available at the time, a provision is recognised if it is deemed to be probable that a payment will be required to be made to settle the obligation. The impact will therefore depend on whether there was a provision for this award in past periods. In case no provision was made the impact will be a small loss of 26cts per share. (386M/1,500M). @gatheuzi the issue is not the settlement amount but the lack of discipline by KQ management in prompt payment of determined obligations.. COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 10/7/2010 Posts: 251 Location: nairobi
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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@VVS TOP TEN Petroleum market share list according to PIEA January-December 2016 Stats can be checked on the below link https://twitter.com/hash...017PIEAQ1Report?src=hashWealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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[quote=Ericsson]@VVS TOP TEN Petroleum market share list according to PIEA January-December 2016 Stats can be checked on the below link https://twitter.com/hash...17PIEAQ1Report?src=hash[/quote] Overall Market Share  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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LPG Market Share  Pesa Nane plans to be shilingi when he grows up.
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