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is it time to invest in kenol?
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dave.kim
#1 Posted : Friday, June 25, 2010 12:46:12 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
I have heard a few suggestions to invest in kenol for the next few few months.Any thoughts on that?
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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qw25041985
#2 Posted : Friday, June 25, 2010 12:59:49 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
The price control act shld scare out of this stock and into your trousers.
Your future depends on your dreams so go to sleep !
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guru267
#3 Posted : Friday, June 25, 2010 4:03:03 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
dave.kim wrote:
I have heard a few suggestions to invest in kenol for the next few few months.Any thoughts on that?


@dave KK is a good buy at these levels based on its forwars earnings, book value and future activity....
what dp you think will happen if these guys announce they will buy shells assets???

though price controls is a risk though not huge...
Mark 12:29
Deuteronomy 4:16
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nahdy
#4 Posted : Saturday, June 26, 2010 10:48:40 AM
Rank: Member

Joined: 6/29/2006
Posts: 184
if u r a long term investor then 9.0-10.0 is a gud entry point as the share once did a split and ended up at 100. pls look into its expansion program & u will realise this is not a shs 9 share.
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VituVingiSana
#5 Posted : Saturday, June 26, 2010 11:16:23 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@guru - KK not allowed to buy Shell Kenya petrol stations coz KK is now 25%+ of the market...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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dave.kim
#6 Posted : Monday, June 28, 2010 11:51:15 AM
Rank: Member

Joined: 6/25/2010
Posts: 176
guru,the price control is what is making me quite unsure.also am a newbie in stocks trading so i wanted to know what else out there will affect the price that i dint know of
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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2012
#7 Posted : Monday, June 28, 2010 12:04:48 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
qw25041985 wrote:
The price control act shld scare out of this stock and into your trousers.


I think this price control thing on fuel is just talk. I think the govt stands to lose the most from it and with the ambitious Uhuru budget I really doubt they will do it. That said there are many ways of going around price controls. A creative company will always find a loophole plus price controls often favour the market leaders.

BBI will solve it :)
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2012
#8 Posted : Tuesday, June 29, 2010 4:24:32 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
some wise dude sold Kenol today @9bob and here I was about to put in a purchase @9.8 while on WTK I'm not sure whether the 'wise guy' is the one who bought @240 or the one selling @210

BBI will solve it :)
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sparkly
#9 Posted : Tuesday, June 29, 2010 4:51:47 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
2012 wrote:
qw25041985 wrote:
The price control act shld scare out of this stock and into your trousers.


I think this price control thing on fuel is just talk. I think the govt stands to lose the most from it and with the ambitious Uhuru budget I really doubt they will do it. That said there are many ways of going around price controls. A creative company will always find a loophole plus price controls often favour the market leaders.


@2012 i agree, price control is hot air.

One ought to adopt a bottom up approach.

Study the company fundamentals and decide whether you can invest in the company rather than assuming that the company will be affected negativley by price control.
Life is short. Live passionately.
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dave.kim
#10 Posted : Tuesday, June 29, 2010 4:53:20 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
@2012.and i thot i was the newbie.u bought already?al put my purchase in @9.55
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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