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KenolKobil HY 2017 profit before tax up 20%
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VituVingiSana
#41 Posted : Friday, January 19, 2018 1:40:35 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Spikes wrote:
tandich wrote:
KENO has traded 368.55m vs average volume of 1.1m. What's going on? Looks like trade between local investors


Is it a whale exiting before the ferry begins to sink or institutional investor seeing better things ahead?

Buyers of such huge lots/chunks do not buy unless there is a positive outlook. In this case, the outlook is very positive!

Do expect the following write-offs:
KPRL [1H and 2H 2017 to clean up the books]
Legal settlement [taken in 1H 2017]

Going into 2018, even with higher oil prices, KK is going in strong with a large retail network and export (EAC) market without laggards like TZ.
Zero local (KES) debt. Attractive financing terms for USD/EUR debt [Dutch banks]. Increased consumption in Kenya of (retail) fuel in 2018 vs 2017 [post-elections], etc

Is KK being prepped as a takeover target?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Horton
#42 Posted : Friday, January 19, 2018 3:42:56 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
VituVingiSana wrote:
Spikes wrote:
tandich wrote:
KENO has traded 368.55m vs average volume of 1.1m. What's going on? Looks like trade between local investors


Is it a whale exiting before the ferry begins to sink or institutional investor seeing better things ahead?

Buyers of such huge lots/chunks do not buy unless there is a positive outlook. In this case, the outlook is very positive!

Do expect the following write-offs:
KPRL [1H and 2H 2017 to clean up the books]
Legal settlement [taken in 1H 2017]

Going into 2018, even with higher oil prices, KK is going in strong with a large retail network and export (EAC) market without laggards like TZ.
Zero local (KES) debt. Attractive financing terms for USD/EUR debt [Dutch banks]. Increased consumption in Kenya of (retail) fuel in 2018 vs 2017 [post-elections], etc

Is KK being prepped as a takeover target?



Not sure or convinced if that statement is true if history is anything to go by
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obiero
#43 Posted : Friday, January 19, 2018 5:43:34 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Horton wrote:
VituVingiSana wrote:
Spikes wrote:
tandich wrote:
KENO has traded 368.55m vs average volume of 1.1m. What's going on? Looks like trade between local investors


Is it a whale exiting before the ferry begins to sink or institutional investor seeing better things ahead?

Buyers of such huge lots/chunks do not buy unless there is a positive outlook. In this case, the outlook is very positive!

Do expect the following write-offs:
KPRL [1H and 2H 2017 to clean up the books]
Legal settlement [taken in 1H 2017]

Going into 2018, even with higher oil prices, KK is going in strong with a large retail network and export (EAC) market without laggards like TZ.
Zero local (KES) debt. Attractive financing terms for USD/EUR debt [Dutch banks]. Increased consumption in Kenya of (retail) fuel in 2018 vs 2017 [post-elections], etc

Is KK being prepped as a takeover target?



Not sure or convinced if that statement is true if history is anything to go by

That's an outright mistatemnt from chief @vvs.. what about the seller? does it mean the seller is always dumber than the buyer. the Greater Fool Theory works both ways. The one with better and deeper information about the firm always carries the day. Asymmetric divergence in stock trading

KQ ABP 4.26
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Realtreaty
#44 Posted : Friday, January 19, 2018 6:44:37 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
Fell from high of 16.70 to 14.50 Kes that is not so good given that Total rose from 20 to 26 at the same time though KK is doing better in the market
Is it time to buy before February when FY results start trickling in?
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obiero
#45 Posted : Friday, January 19, 2018 10:11:17 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Realtreaty wrote:
Fell from high of 16.70 to 14.50 Kes that is not so good given that Total rose from 20 to 26 at the same time though KK is doing better in the market
Is it time to buy before February when FY results start trickling in?

Reporting live from the exchange bar.. It was more of a bargain sale than the reverse. Expect lower lows

KQ ABP 4.26
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Pesa Nane
#46 Posted : Friday, January 19, 2018 10:55:59 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
tandich wrote:
KENO has traded 368.55m vs average volume of 1.1m. What's going on? Looks like trade between local investors


Foreigners play on both ends
Pesa Nane plans to be shilingi when he grows up.
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VituVingiSana
#47 Posted : Friday, January 19, 2018 11:12:09 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
Horton wrote:
VituVingiSana wrote:
Spikes wrote:
tandich wrote:
KENO has traded 368.55m vs average volume of 1.1m. What's going on? Looks like trade between local investors


Is it a whale exiting before the ferry begins to sink or institutional investor seeing better things ahead?

Buyers of such huge lots/chunks do not buy unless there is a positive outlook. In this case, the outlook is very positive!

Do expect the following write-offs:
KPRL [1H and 2H 2017 to clean up the books]
Legal settlement [taken in 1H 2017]

Going into 2018, even with higher oil prices, KK is going in strong with a large retail network and export (EAC) market without laggards like TZ.
Zero local (KES) debt. Attractive financing terms for USD/EUR debt [Dutch banks]. Increased consumption in Kenya of (retail) fuel in 2018 vs 2017 [post-elections], etc

Is KK being prepped as a takeover target?



Not sure or convinced if that statement is true if history is anything to go by

That's an outright mistatemnt from chief @vvs.. what about the seller? does it mean the seller is always dumber than the buyer. the Greater Fool Theory works both ways. The one with better and deeper information about the firm always carries the day. Asymmetric divergence in stock trading

(Private) Buyers would have to have a positive outlook [whether it materializes is another matter] to buy the shares.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#48 Posted : Saturday, January 20, 2018 9:52:14 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Lets see if a rejuvenated Vivo energy will give kk a run for their money.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#49 Posted : Saturday, January 20, 2018 1:23:22 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Lets see if a rejuvenated Vivo energy will give kk a run for their money.

The time to struggle down Kk is over if it fought it's way back to the top when all others were ok
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#50 Posted : Saturday, January 20, 2018 11:49:13 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Ericsson wrote:
Lets see if a rejuvenated Vivo energy will give kk a run for their money.

All can make money. Lots of money.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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