Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:obiero wrote:VituVingiSana wrote:kawi254 wrote:Vivo Energy, Total eat into KenolKobil's market share@VVS will say Ohana has been focusing on improving the bottom line and not on volumes but the slide in market share has been consistent for last few years. The competition from all the Somali petrol stations is real. KK shareholders should take the money offered and run and leave the 'shell' to Rubis ASAP!  I am waiting for the IM and forms. Let's break it down: "The oil marketer has in recent years pulled out of market segments it described as less profitable as part of its turnaround plan, deliberately ceding market share to its top rivals." "In overall market share, including exports to the regional markets, KenolKobil is ranked second at 13.2 per cent, tying with Total and behind Vivo with 14.6 per cent." >>> That's a small difference between the three. The OVERALL market is much larger than just Kenya. So whereas KK has lost market share in Kenya, it is very strong in the region.
One can't compete against fuel that might be adulterated or comes in via panya routes. That's something KRA needs to deal with. Ohana is the panya router himself. Remember last week KRA matter in regards to South Sudan consignment To add on the decline in mkt share for kk, the demand/consumption of oil from september has been on a decline. Gasp! What will we do? What will we do? Rubis  make it happen! My next core investment might be Centum pending some serious legwork. @Ericsson - What are your holdings?  KCB Safaricom Coop Kengen Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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