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The KenolKobil 2015 pendulum
obiero
#1411 Posted : Monday, March 20, 2017 2:43:47 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,219
Location: nairobi
mlennyma wrote:
Some hungry wanjikus are creating unnecessary lows

LOL.. Very necessary lows

KQ ABP 4.26
Realtreaty
#1412 Posted : Monday, March 20, 2017 8:00:42 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
Price coming down for KK and even Co-op is not my worry, this is a phenomenon and happens every time. This helps those outside to do the buying and who resells just before the Ex-Dvnd rise period to harvest from speculation.(They can wait for dividend or move out before dividend and earn the difference)

For Centum 2018-19 will be a great year.
KK will one day have a scrip dvnd or Bonus of 1-5 or equivalent.
obiero
#1413 Posted : Monday, March 20, 2017 8:58:53 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,219
Location: nairobi
Realtreaty wrote:
Price coming down for KK and even Co-op is not my worry, this is a phenomenon and happens every time. This helps those outside to do the buying and who resells just before the Ex-Dvnd rise period to harvest from speculation.(They can wait for dividend or move out before dividend and earn the difference)

For Centum 2018-19 will be a great year.
KK will one day have a scrip dvnd or Bonus of 1-5 or equivalent.

Comparative analysis of shares in different sectors will never achieve much

KQ ABP 4.26
obiero
#1414 Posted : Tuesday, March 21, 2017 6:29:55 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,219
Location: nairobi
@vvs please pay Jayantilal his KES 386,000,000 before KENO property is attached... http://www.businessdaily...857580-y2qasy/index.html

KQ ABP 4.26
Gatheuzi
#1415 Posted : Tuesday, March 21, 2017 8:14:04 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
obiero wrote:
@vvs please pay Jayantilal his KES 386,000,000 before KENO property is attached... http://www.businessdaily...57580-y2qasy/index.html

In 2015 AR, this was the comment on contingent liabilities;
Quote:
.30 Contingent liabilities
The Group is a defendant in various legal actions. In the opinion of the directors, after taking appropriate legal advice, the
outcome of such actions will not give rise to any significant loss.
The Company has also provided corporate guarantees in favour of subsidiaries and other entities to a maximum of US$ 12.5
million (2014: US $ 21.9 million).
In addition, at year end, the Company had transit bonds and performance guarantees totalling KShs 1.1 Billion (2014: KShs
831 million).
At every year end, the directors carry out an assessment to ensure that the Company has accounted for all its obligations
(both legal and constructive) in accordance with the requirements of IAS 37 (Provisions, Contingent Liabilities and Contingent
Assets). Based on the facts available at the time, a provision is recognised if it is deemed to be probable that a payment will
be required to be made to settle the obligation.


The impact will therefore depend on whether there was a provision for this award in past periods. In case no provision was made the impact will be a small loss of 26cts per share. (386M/1,500M).
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
obiero
#1416 Posted : Tuesday, March 21, 2017 9:04:24 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,219
Location: nairobi
Gatheuzi wrote:
obiero wrote:
@vvs please pay Jayantilal his KES 386,000,000 before KENO property is attached... http://www.businessdaily...57580-y2qasy/index.html

In 2015 AR, this was the comment on contingent liabilities;
Quote:
.30 Contingent liabilities
The Group is a defendant in various legal actions. In the opinion of the directors, after taking appropriate legal advice, the
outcome of such actions will not give rise to any significant loss.
The Company has also provided corporate guarantees in favour of subsidiaries and other entities to a maximum of US$ 12.5
million (2014: US $ 21.9 million).
In addition, at year end, the Company had transit bonds and performance guarantees totalling KShs 1.1 Billion (2014: KShs
831 million).
At every year end, the directors carry out an assessment to ensure that the Company has accounted for all its obligations
(both legal and constructive) in accordance with the requirements of IAS 37 (Provisions, Contingent Liabilities and Contingent
Assets). Based on the facts available at the time, a provision is recognised if it is deemed to be probable that a payment will
be required to be made to settle the obligation.


The impact will therefore depend on whether there was a provision for this award in past periods. In case no provision was made the impact will be a small loss of 26cts per share. (386M/1,500M).

@gatheuzi the issue is not the settlement amount but the lack of discipline by KQ management in prompt payment of determined obligations..

KQ ABP 4.26
madebe
#1417 Posted : Tuesday, March 21, 2017 9:20:44 AM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
Ericsson
#1418 Posted : Tuesday, March 21, 2017 10:00:59 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@VVS
TOP TEN Petroleum market share list according to PIEA January-December 2016

Stats can be checked on the below link
https://twitter.com/hash...017PIEAQ1Report?src=hash
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#1419 Posted : Tuesday, March 21, 2017 10:58:19 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
[quote=Ericsson]@VVS
TOP TEN Petroleum market share list according to PIEA January-December 2016

Stats can be checked on the below link
https://twitter.com/hash...17PIEAQ1Report?src=hash[/quote]

Overall Market Share
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#1420 Posted : Tuesday, March 21, 2017 10:59:50 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
LPG Market Share
Pesa Nane plans to be shilingi when he grows up.
161 Pages«<140141142143144>»
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