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KenolKobil first HY 2011 pretax profit up 86%
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kenyainvestor
#101 Posted : Wednesday, July 27, 2011 9:03:26 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
cnn wrote:
Watched the earlier KK press conference on youtube and later Segman's interview with CNBCs Alishia both confidence inspiring.Were it not for the currencies in the region losing to the dollar the group would have easily grown earnings 100%.


Segman seemed wary of answering the contribution of profits by the different subsidiaries. Why?
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  | | Edit by user: Wednesday, July 27, 2011 9:06 PM | Reason: Not specified
kenyainvestor
#102 Posted : Wednesday, July 27, 2011 9:05:34 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
Very active in South Sudan export market
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Cde Monomotapa
#103 Posted : Wednesday, July 27, 2011 9:11:30 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
kenyainvestor wrote:
Very active in South Sudan export market

Any clue as to the destination of the S.S oil?
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kenyainvestor
#104 Posted : Wednesday, July 27, 2011 9:20:57 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
Cde Monomotapa wrote:
kenyainvestor wrote:
Very active in South Sudan export market

Any clue as to the destination of the S.S oil?


They said they supply UN and demand is growing very fast
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Cde Monomotapa
#105 Posted : Wednesday, July 27, 2011 9:25:27 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
kenyainvestor wrote:
Cde Monomotapa wrote:
kenyainvestor wrote:
Very active in South Sudan export market

Any clue as to the destination of the S.S oil?


They said they supply UN and demand is growing very fast

Aaah..ok.thanx. Very proud of this indegenous MNC. Kazi Iendelee!
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VituVingiSana
#106 Posted : Wednesday, July 27, 2011 10:09:42 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Cde Monomotapa wrote:
kenyainvestor wrote:
Very active in South Sudan export market

Any clue as to the destination of the S.S oil?

The crude oil is sent via pipeline to North Sudan for refining & export to China, etc

Fuel supplied by KK is primarily to UN agencies according to Segman but lots of 'private' interest
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#107 Posted : Wednesday, July 27, 2011 10:11:40 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
kenyainvestor wrote:
cnn wrote:
Watched the earlier KK press conference on youtube and later Segman's interview with CNBCs Alishia both confidence inspiring.Were it not for the currencies in the region losing to the dollar the group would have easily grown earnings 100%.

Segman seemed wary of answering the contribution of profits by the different subsidiaries. Why?
I can understand it when none of your competitors share their info with you.

Except for Total & KK, who knows how much the OMCs make in Kenya?

Also Total Uganda, etc are 'private' so why share how profitable each country is to your competitor?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#108 Posted : Thursday, July 28, 2011 9:37:08 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
No much share drama as anticipated,news factored in
"Don't let the fear of losing be greater than the excitement of winning."
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mwenza
#109 Posted : Thursday, July 28, 2011 10:08:15 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
mlennyma wrote:
No much share drama as anticipated,news factored in



Methinks its the bear factor. This share will turn people into millionaires in not so distant future.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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youcan'tstopusnow
#110 Posted : Thursday, July 28, 2011 10:28:12 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwenza wrote:
mlennyma wrote:
No much share drama as anticipated,news factored in



Methinks its the bear factor. This share will turn people into millionaires in not so distant future.


And millionaires into multi...
GOD BLESS YOUR LIFE
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