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KENOL/KOBIL
QW25071985
#1861 Posted : Saturday, July 02, 2011 8:59:23 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
There are two scenarios that might explain this kenolkobil share price rally.
Either there's an interim dividend comming with the results or speculators are at it again.playin the stock to their advantage - and it has very disastrous ending....
Coz how can especially banks post nice results with bright future prospects not rally. What happened to a market that was bear .what happened to beign cautious ahead of 2012 ?
On 27th we shall know.
the deal
#1862 Posted : Saturday, July 02, 2011 9:10:15 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
QW25071985 wrote:
There are two scenarios that might explain this kenolkobil share price rally.
Either there's an interim dividend comming with the results or speculators are at it again.playin the stock to their advantage - and it has very disastrous ending....
Coz how can especially banks post nice results with bright future prospects not rally. What happened to a market that was bear .what happened to beign cautious ahead of 2012 ?
On 27th we shall know.

Hehehe you are right in many ways but the prospects for the banks are not as bright as you say read this http://contrarianinvesti...rt-01-07-2011-eabl.html but yes there are alot of speculators riding the bus.
Bettertry
#1863 Posted : Saturday, July 02, 2011 10:12:34 AM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
QW25071985 wrote:
There are two scenarios that might explain this kenolkobil share price rally.
Either there's an INTERIM DIVIDEND comming with the results or speculators are at it again.playin the stock to their advantage - and it has very disastrous ending....

On 27th we shall know.

If u read Segman's statement on interim dividend's in H1 2010 report... l think the prospects of an ID isn't far-fetched!!!
We Will Either Find a Way or Create One - HANNIBAL
FUNKY
#1864 Posted : Saturday, July 02, 2011 10:15:22 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
@ Bettertry- What did Segman say about interim dividends in his H12010 report?
cnn
#1865 Posted : Saturday, July 02, 2011 10:44:57 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
I do not need the interim dividend,they can invest it and give me better value at full year.All i need are solid first half numbers and maintenance of the same in the second half.
And we did not buy in KK to speculate,solid fundamentals we could not resist,performance and price are now following,if you kept on shouting it is going no where,swallow the bitter pill but keep watching.
Bettertry
#1866 Posted : Saturday, July 02, 2011 11:23:50 AM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
FUNKY wrote:
@ Bettertry- What did Segman say about interim dividends in his H12010 report?

Segman pointed out they were not going to issue interim dividends during that period BUT, going forward into the coming months it was something they were going to look into.

So l think that statement... among a host of other reasons contributes to the recent price rally we've seen...
We Will Either Find a Way or Create One - HANNIBAL
Gordon Gekko
#1867 Posted : Saturday, July 02, 2011 11:45:38 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
JIS is on record that he doesn't want to pay ANY dividend (interim or final) at all.
QW25071985
#1868 Posted : Saturday, July 02, 2011 11:48:47 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
cnn wrote:
I do not need the interim dividend,they can invest it and give me better value at full year.All i need are solid first half numbers and maintenance of the same in the second half.
And we did not buy in KK to speculate,solid fundamentals we could not resist,performance and price are now following,if you kept on shouting it is going no where,swallow the bitter pill but keep watching.


a stock rallying in isolation in a bear market raises allot of eyebrows. Fundies are strong but itsnt the only stock with strong fundermentals.if investors are trully buying here why dnt they reach out and grab the other shares that have even stronger fundermentals.
Pure speculation if you ask me.u have to learn to dicern speculative behavior and real investor buying
But the ride is sweet i cnt complain.
mwanahisa
#1869 Posted : Saturday, July 02, 2011 12:06:25 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
QW25071985 wrote:
But the ride is sweet i cnt complain.


You can say that again!!!
Aguytrying
#1870 Posted : Saturday, July 02, 2011 1:12:33 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Actually this rally makes alot of sense. This company has had great fundamentals but the share price had stagnate for over 1 year even with the great fundamentals. 2 weeks ago the fundamentals became even better, such that it was too much to ignore, no matter the state the n.s.e is in. Another point to note is how the rally has occurred. It has been slow and gradual gaining 1 % daily at most 1.5. Friday was the highest gain of 3.04 percent since the rally started. A share with many speculators would rally over a shorter time and gaining 10 percent a day, like uchumi or eaagads did. And come down quickly.
The investor's chief problem - and even his worst enemy - is likely to be himself
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