I agree, I have an order placed @9.30, and will have some money in a few days to buy like 7000 shares....I want the price to come down, even below 9....I can then buy and wait...for a few months if possible..or years if need be...I dont see loosing out.....Let the bad news keep flowing

I disagree. Since 1999, new more efficient refineries have been built. Look at many items manufactured, they are 'cheaper' in real terms because of manufacturing efficiencies.

Just look at the phones. You can get a Telkom Landline Phone for 2,000/-. Same thing was 13,000/- in 2007.

BTW, KenolKobil seems to be of the position, give us more White Oils & we will pay you more...

@Vituz

This one I don't agree with you. I never throw good money at bad money. You should be removing your already bad money in KK and move on to something more interesting.

If you go to page ten of this thread, you will see where I said something about an individual being the Chairman and CEO at the same time.

By giving an individual two huts at the same time, pride gets into his rear end and by the time he knows, everybody has screwed that rear end to high heavens. If you are with the ChairCEO, you get a bit of the screwing. Run before the more serious and real screwing starts.

Its like Moi, power had gotten into his rear end so much he thought we could not do without him. Imagine the guy claiming that one day, we will cry, "MOI MUST COME". That cockerel is so senile it cannot COME anymore but thinks we can't do without it.

Segman is now behaving like Moi. If all the other 40 Oil dealers paid the cash KK refused to pay, something must be a miss with KK. Their claim of losing business due to KPRC blah blah cannot hold water.

Lakini, Ngojea tu, cauze you are Vitu mob sana.

I ate a bad rat today, so Vituz, sorry if I rub you the wrong way.

@Surealligator,

I do not look at the oil industries much, since I get scared with too many variables that affect the bottomline. From the crude oil prices, shipping issues (such as piracy) and the entire supply chain until the oil reaches the end user. I would like understand the efficiencies of different oil companies and their competitiveness. I may possibly go for total (they pay good dividends when they make profit). KK might just want to acquire more assets and more assets and give nothing to shareholders. unless you want to wait for 20 years.

LOL... People... I have FAITH in KK...

I am going to buy more tomorrow... I wish the price had dropped to 9/- lakini not my luck!

I am telling you guys & gals... Maybe 1-2 years... KK will triumph... The only 'problem' I see is the political problem coz kiraitu murungi must have been told to keep his dirty hands off... and is pissed!

BTW, you do know Triton was backed by the corrupt guys in MoE so when KK blew the lid off there are some angry people there...