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KENOL: The selling foreigner
winston
#21 Posted : Thursday, August 05, 2010 3:23:25 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
The foreigner is doing all those who missed out on (@vvs praising and defending) the stock a favour...let him/she continue as more wazuans board.

Once the other rallies are done (or before they are), investors will turn to this counter with a vengeance!

Of court cases...on numbers - if case goes against KK, it will pay a few millions, but if KK wins the cases, it stands to gain billions from KPC & KPRL. Whichever way the cases go, there will be little NEGATIVE financial impact on KK.

Methinks the only way for this share is up.
VituVingiSana
#22 Posted : Thursday, August 05, 2010 3:50:23 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
winston wrote:
The foreigner is doing all those who missed out on (@vvs praising and defending) the stock a favour...let him/she continue as more wazuans board.

Once the other rallies are done (or before they are), investors will turn to this counter with a vengeance!

Of court cases...on numbers - if case goes against KK, it will pay a few millions, but if KK wins the cases, it stands to gain billions from KPC & KPRL. Whichever way the cases go, there will be little NEGATIVE financial impact on KK.

Methinks the only way for this share is up.
AMEN!!! I bought a few more... My only problem is the lack of cash!

Also... I don't care about the immediate short-term... but I plan to wait upto 2 years (mid-2012)... so I hope the cases will have gone in KK's favor...!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
PKoli
#23 Posted : Thursday, August 05, 2010 4:27:20 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
I do not understand the regulatory regime for oil companies in other African countries where KK has ventured into. That could be the only undoing. Else why would multinationals exit the African market?
qw25041985
#24 Posted : Thursday, August 05, 2010 5:03:11 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
I'd love buy this stock big but i guess sugar is sweeter than oil.
Your future depends on your dreams so go to sleep !
youcan'tstopusnow
#25 Posted : Thursday, August 05, 2010 6:12:34 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
qw25041985 wrote:
I'd love buy this stock big but i guess sugar is sweeter than oil.

That I agree whth you
GOD BLESS YOUR LIFE
hmsbarman
#26 Posted : Thursday, August 05, 2010 8:03:06 PM
Rank: New-farer

Joined: 5/14/2010
Posts: 17
Location: Malindi
yap! this is the time to go for kk!!
VituVingiSana
#27 Posted : Friday, August 06, 2010 5:53:08 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
PKoli wrote:
I do not understand the regulatory regime for oil companies in other African countries where KK has ventured into. That could be the only undoing. Else why would multinationals exit the African market?
MNCs need huge set-ups coz they have managers for everything... And these guys are well-paid with club memberships!

KK runs a lean operation with fast decision-making & less top-bottom layers... Or so I think!

Anyway, I like KK... it will NOT be a smooth ride in all the countries (see recent Zimbabwe debacle) but they are growing in the fast-growth countries.

Kenya's economic growth lags our neighbours... so better margins + growth for KK elsewhere...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
winston
#28 Posted : Friday, August 06, 2010 4:06:43 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
VituVingiSana wrote:
PKoli wrote:
I do not understand the regulatory regime for oil companies in other African countries where KK has ventured into. That could be the only undoing. Else why would multinationals exit the African market?
MNCs need huge set-ups coz they have managers for everything... And these guys are well-paid with club memberships!

KK runs a lean operation with fast decision-making & less top-bottom layers... Or so I think!

Anyway, I like KK... it will NOT be a smooth ride in all the countries (see recent Zimbabwe debacle) but they are growing in the fast-growth countries.

Kenya's economic growth lags our neighbours... so better margins + growth for KK elsewhere...


Plus - Multinationals have both downstream and upstream operations. Upstream margins are higher and more attractive for them and they would therefore prefer to cut downstream and retain upstream when there is pressure on profitability.
winston
#29 Posted : Friday, August 06, 2010 4:12:14 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
KK has often cited the inefficiencies of KPC & KPRL as impacting on their operations. This is set to change with KPC's intention to lay a new line from Nairobi to Western Kenya and the Eldoret-Kampala line (Joint venture of Kenya Uganda Oilibya). Further KPC increased is pumping capacity from MSA to NBI.

Once completed KK's distribution costs will fall and sales will increase due to higher fuel availability in Nairobi and western Kenya.
qw25041985
#30 Posted : Friday, August 06, 2010 4:23:26 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
The overhang of shares has never been cleared ?
Your future depends on your dreams so go to sleep !
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