Surealligator wrote:VituVingiSana wrote:When KK took on KPC... folks said.. ati what?
Well, KK got a huge award (being appealed) but who knows... KK might end up 'owning' a chunk of KPC...!
I will continue buying KK... coz the downside is minimal... [they pay off the 465mn or so]... but if they WIN then they could get upto 4.6bn from KPRL...
@Vituz
This one I don't agree with you. I never throw good money at bad money. You should be removing your already bad money in KK and move on to something more interesting.
If you go to page ten of this thread, you will see where I said something about an individual being the Chairman and CEO at the same time.
By giving an individual two huts at the same time, pride gets into his rear end and by the time he knows, everybody has screwed that rear end to high heavens. If you are with the ChairCEO, you get a bit of the screwing. Run before the more serious and real screwing starts.
Its like Moi, power had gotten into his rear end so much he thought we could not do without him. Imagine the guy claiming that one day, we will cry, "MOI MUST COME". That cockerel is so senile it cannot COME anymore but thinks we can't do without it.
Segman is now behaving like Moi. If all the other 40 Oil dealers paid the cash KK refused to pay, something must be a miss with KK. Their claim of losing business due to KPRC blah blah cannot hold water.
Lakini, Ngojea tu, cauze you are Vitu mob sana.
I ate a bad rat today, so Vituz, sorry if I rub you the wrong way.
The energy sector regulator on Thursday warned of a possible expulsion of oil marketer KenolKobil from the Kenyan market, raising the prospect of supply disruptions and a steep rise in prices of petroleum products.
KenolKobil, Kenya’s second largest petroleum marketer by marketshare, is facing action from the Energy Regulatory Commission (ERC) for breach of the law that requires all oil marketers to refine at least 40 per cent of their products at the Kenya Petroleum Refinery Limited (KPRL).
The company was thrown out of the Mombasa-based refinery in June following a dispute over unpaid refinery fees that it has moved to court to contest. ERC has given the firm two weeks to meet the requirements of its operating licence or have it withdrawn.
The refineries stopped accepting crude from KenolKobil for processing on July 12 after an arbitration court found the oil marketer had not paid Sh456 million in processing fees to KPRL following a dispute over revised rates.
Segman has finally been cornered like a rat.
http://www.businessdaily...2/-/1a0k2uz/-/index.htmlGo overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own