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KENOL/KOBIL
BGL
#1341 Posted : Wednesday, February 16, 2011 2:59:08 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
KPC has not deposited the 4.6bn to the joint account as requested by the courts. If they had, JIS would have written to NSE.
IMHO KPC=Kiraitu+Nyoike and they have no intention of paying.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
mlennyma
#1342 Posted : Wednesday, February 16, 2011 5:06:28 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kenyan courts are not final but more of a public relations exercise.
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#1343 Posted : Wednesday, February 16, 2011 6:33:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
Part of me does NOT want KPC to deposit the cash in court. Why? I would rather see KK 'own' some or all [well, the 'good' assets] of the assets of KPC especially the Storage Tanks & Pipeline.

Or a consortium of OMCs or Trustees own/control KPC not kiraitu, nyoike & friends!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#1344 Posted : Thursday, February 17, 2011 12:32:50 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
So NOCK & KPC screw up AGAIN???
http://www.businessdaily...6/-/n2m3vpz/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#1345 Posted : Thursday, February 17, 2011 8:21:56 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
[quote=VituVingiSana]So NOCK & KPC screw up AGAIN???
http://www.businessdaily.../-/n2m3vpz/-/index.html[/quote]

NOCK is a walking f**kup. If they cant get something as simple as rebranding a petrol station right, how on earth can they import 30% of the country's oil? The Caltex Petrol Station along Ngong Road next to Uchumi taken over by them still has Caltex livery, months after being handed over.
Papa Investor
#1346 Posted : Thursday, February 17, 2011 8:49:59 AM
Rank: New-farer

Joined: 6/3/2010
Posts: 96
hehehe and it never has fuel...
VituVingiSana
#1347 Posted : Thursday, February 17, 2011 3:40:03 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
My concern is that the games between MoE, ERC, KPC, NOCK & KPRL will hurt the country... As is, prices for fuel are high [combination of high oil/crude prices, somali pirates, high taxes & inefficiencies] & a major shortage due to someone not doing their job will mean a further loss to Kenya...

Pricey fuel is better than no fuel at all...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
milken
#1348 Posted : Thursday, February 17, 2011 4:39:06 PM
Rank: Member

Joined: 4/25/2008
Posts: 192
Location: Nairobi
I have two questions here.
1. Now that ERC are regulating prices why should NOCK keep the quota?
2. If NOCK can obtain at cheaper prices, why not bid during OTS and win all the bids.

Hapa iko kitu!
Itari muting'oe ihuragwo ngi ni Ngai
youcan'tstopusnow
#1349 Posted : Thursday, February 17, 2011 6:01:37 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
As some would say, "Mta Do?"
GOD BLESS YOUR LIFE
VituVingiSana
#1350 Posted : Friday, February 18, 2011 8:21:14 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
Question to @milken

Why does RMS (Regular Petrol) cost more than PMS (Super Petrol)?

http://www.nation.co.ke/...-/111sjhcz/-/index.html

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
238 Pages«<133134135136137>»
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