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Why I'm Still Paying 110/= Plus at the Pump
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sparkly
#281 Posted : Friday, February 17, 2017 10:49:12 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
High prices, low margins are back. Only upstream (exploration and development) companies make money.


Time to exit KK is today, if you missed yesterday.
Life is short. Live passionately.
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Impunity
#282 Posted : Saturday, February 18, 2017 7:46:04 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
sparkly wrote:
High prices, low margins are back. Only upstream (exploration and development) companies make money.


Time to exit KK is today, if you missed yesterday.


I await @VVS appraisal...then I will or will not move.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Swenani
#283 Posted : Sunday, February 19, 2017 11:37:48 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
sparkly wrote:
High prices, low margins are back. Only upstream (exploration and development) companies make money.


Time to exit KK is today, if you missed yesterday.


I thought ERC pricing formuale has a fixed minimum retailers and wholesalers margins?
If Obiero did it, Who Am I?
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sparkly
#284 Posted : Monday, February 20, 2017 12:58:21 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Swenani wrote:
sparkly wrote:
High prices, low margins are back. Only upstream (exploration and development) companies make money.


Time to exit KK is today, if you missed yesterday.


I thought ERC pricing formuale has a fixed minimum retailers and wholesalers margins?


Mark-up is fixed per Unit (litre) of Petroleum sold. With higher petroleum costs the margin per unit sold (in KShs) shrinks hence the need to sell more units to cover costs. Working Capital finance also increases.
Life is short. Live passionately.
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Pesa Nane
#285 Posted : Wednesday, February 14, 2018 10:53:12 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Impunity
#286 Posted : Wednesday, February 14, 2018 11:26:07 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Quickly headed back to the 110 bob a liter.
TANO TENA.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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tandich
#287 Posted : Friday, March 02, 2018 7:35:13 AM
Rank: Member

Joined: 5/6/2008
Posts: 199


And then add VAT
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Ericsson
#288 Posted : Friday, March 02, 2018 11:57:08 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
tandich wrote:


And then add VAT


VAT won't be charged on the final price.It will be charged on the intermediate to ease the burden.
Similar to the way it's charged on the Electricity bill.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#289 Posted : Friday, March 02, 2018 2:47:34 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Pesa Nane wrote:


VAT will be on the landed cost which for the month of february translates to sh.8.56
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Friday, March 02, 2018 3:11 PM | Reason: Not specified
whiteowl
#290 Posted : Thursday, January 03, 2019 10:54:40 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
[quote=tandich]

Kenya Pipeline has a 61 billion scandal.Coincidence?
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