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KENOL KOBIL .... 2012
mlennyma
#2511 Posted : Friday, March 01, 2013 5:49:53 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
When i developed cold feet and felt the deal would disapoint i was told am not a share holder and was courageous to sell at 15.50.now i own nothing like kk
"Don't let the fear of losing be greater than the excitement of winning."
the deal
#2512 Posted : Friday, March 01, 2013 5:51:58 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Kenol Kobil will return to profit making ways in 2013. Life goes on.
VituVingiSana
#2513 Posted : Friday, March 01, 2013 7:51:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Warren Buffett: Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

Graham, a British-born economist and former Columbia professor who died in 1976, is considered the creator of value investing. Warren Buffett said Graham's book, "The Intelligent Investor," "changed my life."

Graham focused on the importance of buying underpriced stocks. Buffett embraced that idea but took it a step further -- focusing on buying "wonderful companies at wonderful prices" and holding on to them rather than simply buying any company that appeared to be a bargain.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#2514 Posted : Friday, March 01, 2013 8:20:45 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Kenol Kobil will return to profit making ways in 2013. Life goes on.


Just Wait until the problems of price controls show up again in 2013... After that, nothing will save the share price!
Mark 12:29
Deuteronomy 4:16
guru267
#2515 Posted : Friday, March 01, 2013 8:26:21 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Warren Buffett: Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

Graham, a British-born economist and former Columbia professor who died in 1976, is considered the creator of value investing. Warren Buffett said Graham's book, "The Intelligent Investor," "changed my life."

Graham focused on the importance of buying underpriced stocks. Buffett embraced that idea but took it a step further -- focusing on buying "wonderful companies at wonderful prices" and holding on to them rather than simply buying any company that appeared to be a bargain.


Oil marketers in Kenya/Africa are constantly battling Price controls, ERC, KPC, vulnerable currency, hopeless margins etc etc

What makes KK so wonderful??

didn't shell and chevron know what they were doing when they exited this business??
Mark 12:29
Deuteronomy 4:16
holycow
#2516 Posted : Friday, March 01, 2013 8:28:31 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
Been hoping the the deal goes off. Time for me to get back. I did not like Puma. Let KK be Wanjikus.
mlennyma
#2517 Posted : Saturday, March 02, 2013 8:38:49 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
When it slid to 12.60 last week the devil tempted me to buy but i overcome the temptation,even at 9bob iam scared by historical poor perfomance and pullouts by kenyan oil companies,and worse still during this price control error.
"Don't let the fear of losing be greater than the excitement of winning."
sparkly
#2518 Posted : Saturday, March 02, 2013 9:30:20 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mlennyma wrote:
When it slid to 12.60 last week the devil tempted me to buy but i overcome the temptation,even at 9bob iam scared by historical poor perfomance and pullouts by kenyan oil companies,and worse still during this price control error.


The timing of the cancellation of this deal is suspect.

Call me paranoid but i will be checking the accounts to see if any of the major shareholders esp the ones that go by the names like "Barclays Bank Nominees a/c no xxxx" sold during the deal fiasco.

I have an haunch that someone sold to raise money for campaigns, and the haunch just wont go away.
Life is short. Live passionately.
the deal
#2519 Posted : Saturday, March 02, 2013 10:07:27 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The whole market could be on sell next week pray for peaceful elections.
Aguytrying
#2520 Posted : Saturday, March 02, 2013 10:43:05 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Lining up my cash next week as I try and get some bargains. Kk top of my list, patience timing. Then pulling the trigger.
Feels good to have a potential buying opportunity again after so long
The investor's chief problem - and even his worst enemy - is likely to be himself
259 Pages«<250251252253254>»
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