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KENOL/KOBIL
the deal
#451 Posted : Tuesday, July 27, 2010 5:25:12 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@BGL cheers to you....Segman choose to fight and he lost...LOL...
winston
#452 Posted : Tuesday, July 27, 2010 5:50:22 PM
Rank: Member

Joined: 4/14/2010
Posts: 806
Location: Nairobi
Looking at bigger picture a win for KK will set a precedent that will close down both KPRL and KPC and with that will vanish any remedial form of fuel supply stability.

Gordon Gekko
#453 Posted : Tuesday, July 27, 2010 5:50:45 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@BGL, I quite agree with your points, but the fact that all other marketers are paying the new fee doesn't make it right/legal.

I think Segman has made his point, and what he needs to do is pay to the court the amounts demanded (for custody) in order to get the licenses back, then continue on the crusade with the arbitrator.

Inefficient or not, one cant argue that 1999 prices are still reasonable, under my rules of logic.
ProverB
#454 Posted : Tuesday, July 27, 2010 5:55:28 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
..it was interesting that as press reported on this..they also pointed out that Total now controls a larger market share than KK.. for the benefit of probably discomforted KK share holders considering offloading! smile smile smile
Ignorance is bliss.. watch as allegience shifts!
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
guru267
#455 Posted : Tuesday, July 27, 2010 6:15:21 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@BGL i hope the kk CEO can read your post...
Mark 12:29
Deuteronomy 4:16
moneydust
#456 Posted : Tuesday, July 27, 2010 6:37:32 PM
Rank: Member

Joined: 1/31/2007
Posts: 304
This is clearly a fight KK cant win.....I wonder why the management chooses to cause such anguish on its shareholders....
Fights with the govt (KPRL-govt owned) are never won easily....The mgmt should focus on less fractious ways to boost the shareholders bottom line..
This is clearly a fight to no where...

My 2cents
moneydust
#457 Posted : Tuesday, July 27, 2010 6:39:26 PM
Rank: Member

Joined: 1/31/2007
Posts: 304
In the meantime the share will get a beating.....
cnn
#458 Posted : Tuesday, July 27, 2010 6:57:36 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
And that will be a buying opportunity,whichever way i dont think the management will just sit back and allow the business to continue being affected by this mess.But this KPRL better upgrade or its days are numbered,UG refers.
shauriyako
#459 Posted : Tuesday, July 27, 2010 7:27:37 PM
Rank: New-farer

Joined: 6/17/2010
Posts: 71
Location: Kenya
We need the fluctuations to make money in the market. let the share take a beeating, present a buying opportunity and then go up some..... as the fundamentals remain.
Just a thought Think Did Segman anticipate this to "leak" the anticipated good 1H results that we recently saw. I think the leak is what is propping the share otherwise the buying opportunity would already be with us.
When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
Horton
#460 Posted : Tuesday, July 27, 2010 10:06:34 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
NEW PRESS RELEASE FROM MR. SEGMAN

http://www.kenolkobil.co...tive_page_id=&id=232
238 Pages«<4445464748>»
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