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KenolKobil FY2010 results are out!
Muthawamunene
#91 Posted : Monday, March 28, 2011 8:42:48 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
what i like is how older posts make people eat their words kavu kavu bila blueband.

as an economist, there is only a degree of certainty you can give.
Cde Monomotapa
#92 Posted : Tuesday, March 29, 2011 4:43:52 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Muthawamunene wrote:
what i like is how older posts make people eat their words kavu kavu bila blueband.

as an economist, there is only a degree of certainty you can give.

Tihihi..."this is not a fish market, right?!"
Cde Monomotapa
#93 Posted : Tuesday, March 29, 2011 12:52:45 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Btw...i spotted a user by the name KenolKobil snooping around this thread jana. Labda ni Segman mwenyewe!
Wendz
#94 Posted : Tuesday, March 29, 2011 2:33:18 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Cde Monomotapa wrote:
Btw...i spotted a user by the name KenolKobil snooping around this thread jana. Labda ni Segman mwenyewe!


I spotted him/her too but i doubt it is someone from Kenol Kobil.... if he posted here with his views, it may be construed to mean the official KK position and if it is a controversial post, it might ruffle some people the wrong way given that there are many "guests" who are not just any other "guest"..... Infact, if it is someone in KK, he'd better be in PR. If not, its the wrong move (in my opinion) because some of our journalists scavenge for 'news' here and some do not even bother verifying the validity/ correctness of some views/posts and just put them up in media..... No company wants to make that mistake.....
ammywanja
#95 Posted : Tuesday, March 29, 2011 2:55:02 PM
Rank: New-farer

Joined: 3/16/2011
Posts: 19
Location: kenya
Wendz wrote:
Cde Monomotapa wrote:
Btw...i spotted a user by the name KenolKobil snooping around this thread jana. Labda ni Segman mwenyewe!


I spotted him/her too but i doubt it is someone from Kenol Kobil.... if he posted here with his views, it may be construed to mean the official KK position and if it is a controversial post, it might ruffle some people the wrong way given that there are many "guests" who are not just any other "guest"..... Infact, if it is someone in KK, he'd better be in PR. If not, its the wrong move (in my opinion) because some of our journalists scavenge for 'news' here and some do not even bother verifying the validity/ correctness of some views/posts and just put them up in media..... No company wants to make that mistake.....


I'm sure its the PR team looking to see how the market is reacting to their promotions and results etc. With the social media et al, corporates are joining inLiar (snooping around, whatever) such sites to see market reactions.Not so sure they would want to give any position thoughShame on you Shame on you
Cde Monomotapa
#96 Posted : Tuesday, March 29, 2011 3:29:07 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@ammy kama ni hivyo then KCB scavange for my every post on this site. Lol!
mwanahisa
#97 Posted : Tuesday, March 29, 2011 7:41:23 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
@MwM, this is not completely surprising given the nature of the market (should I call it the nature of the beast?) and the ever changing circumstances. People's views respond to the state of the market, and you cannot retain the same mindset when it is clear that it is no longer appropriate. That's why I usually take share price predictions with a pinch of salt given that to a large extent they depend on the mood of the market, which is a lot more difficult to predict.

Speaking for myself, I am personally happy when I can analyse a company and come up with a reasonable prediction of expected performance and it comes close to the mark. Likewise, I applaud others views who do something similar. As to the share prices, the market will take care of that and sometimes a price target will be hit long after you expect it, due to no fault of the analyst.

Muthawamunene wrote:
what i like is how older posts make people eat their words kavu kavu bila blueband.

as an economist, there is only a degree of certainty you can give.

Muthawamunene
#98 Posted : Tuesday, March 29, 2011 8:28:56 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
mwanahisa wrote:
@MwM, this is not completely surprising given the nature of the market (should I call it the nature of the beast?) and the ever changing circumstances. People's views respond to the state of the market, and you cannot retain the same mindset when it is clear that it is no longer appropriate. That's why I usually take share price predictions with a pinch of salt given that to a large extent they depend on the mood of the market, which is a lot more difficult to predict.

Speaking for myself, I am personally happy when I can analyse a company and come up with a reasonable prediction of expected performance and it comes close to the mark. Likewise, I applaud others views who do something similar. As to the share prices, the market will take care of that and sometimes a price target will be hit long after you expect it, due to no fault of the analyst.

Muthawamunene wrote:
what i like is how older posts make people eat their words kavu kavu bila blueband.

as an economist, there is only a degree of certainty you can give.




While I do agree on the need to change positions, It is also important to consider all the possibilities before proclaimimg mega bull or bear. Taking a conservative approach no matter the state of the market is a game plan i admire. while it may not make you rich instantly, it is the best incentive for investment diversivication and not stocks alone. The question at the beginning of the year should have been, 'what if there is no bull?' am sure there are many guys on wazua stuck with stocks they got in december, now imagine if the money put on stocks had been divided and one portion put elsewhere, say a business or a plot or even the bond being floated, then our friends would not have been crying bear like its the end of the world.
Muthawamunene
#99 Posted : Tuesday, March 29, 2011 8:36:15 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
big up to the guy that cited lack of volumes to sustain the high valuations at the beginning of the year, that post realy got me thinking and now am sure happy i took necessary action and shifted from aggressive to conservative.

VituVingiSana
#100 Posted : Wednesday, March 30, 2011 12:39:14 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
Bull or Bear... I am very happy with my KK... I would be even happier if the price fell coz I wanna pick up more!

As most Wazuans know I support KK as a firm [I think the management is very good] & the current valuations [vs potential profits] is very reasonable even in this environment.

With the ERC setting prices, it seems KK is even better off than many other OMCs.

- OilLibya will face financial problems seeing what is happening in Libya. I doubt the management care anymore.

- Shell is being sold to Vitol/Helios which means changes on the way.
- Total is doing OK now that they have somewhat digested the Chevron acquisition.
- NOCK is a mess. I just hope that they take a huge hit on the recent diesel scam. I would like to see the corrupt MoE folks go.

The best part is the REGIONAL expansion.. That is where growth & profits lie...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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