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KENOL/KOBIL
VituVingiSana
#581 Posted : Monday, September 06, 2010 4:59:24 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
@BGL - The others OMCs are waiting to see what happens... Coz if KK wins, the others will piggyback on KK...

Your comments remind me of those who told us that 'keep quiet lest we are targetted' during the moi era... Sure, he effed us until we lost two decades!

kenyatta did the same when folks kept quiet out of fear... Corruption & impunity was entrenched... We are still paying for it...

@sparkly - I am suspicious that nyoike always defends the shady OMCs like Triton & now Gulf Energy... I mean we all know how Triton turned out... The losers are KCB & KPC (The taxpayer aka VVS lost out huge)...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mjuaji wa stocks
#582 Posted : Monday, September 06, 2010 11:21:35 AM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
@ VVS .... from this discussion i find that we are here for different reasons....some of us want to make money ASAP....they forget the very wise advice for investors...buy when there is blood in the streets....case in point...BP PLC...

I tend to conclude it this way.....since it cant make sense to some 'investors here'....even if you were to screw their heads.....lets buy the company simply because we like it and forget the arguement....at the end of it all sisi ndio tutatengeneza pesa....

@Horton....talking of the margin of safety....i hope it is not just another term you have come across....
so what is the NCAV for kk???....

are you buying unga???


i agree with you on carbacid and am also buying


BOC deals with oxygen just like carbacid deals with CO2....only that the market for O2 is not as big as CO2...BOC has some management problems and thus its poor performance.....cant touch this..
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

VituVingiSana
#583 Posted : Monday, September 06, 2010 11:40:10 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
@mjuaji - If KK were to double tomorrow... I would sell... LOL...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mjuaji wa stocks
#584 Posted : Monday, September 06, 2010 1:05:08 PM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
VVS....of course ....me too....that is what investment is all about....making money....ask buffet unless he has a plan of acquiring the whole company......talk of mr market and the greater fool theory!! smile smile

What i am saying is ... i cant accept scare mongering when i bliv in the fundamentals of the company.....i buy like nonsense....did you get your WTK dividend cheque?....mimi bado.!
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

VituVingiSana
#585 Posted : Monday, September 06, 2010 1:10:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
WTK - bado but they did indicate there would be a 'delay' solely based on the cash position. Apparently, they are too busy buying leaf from outgrowers!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
nahdy
#586 Posted : Monday, September 06, 2010 5:08:29 PM
Rank: Member

Joined: 6/29/2006
Posts: 184
mjuaji wa stocks
#587 Posted : Monday, September 06, 2010 5:13:25 PM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
@ Segman et al...kaa ngumu!!

Wacha tuone...why are this pundits ignoring kk's complains?? kwani sheria is one sided???

May the law catch up with them...
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

slykat
#588 Posted : Monday, September 06, 2010 5:25:45 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
mjuaji wa stocks wrote:
@ Segman et al...kaa ngumu!!

Wacha tuone...why are this pundits ignoring kk's complains?? kwani sheria is one sided???

May the law catch up with them...


I don't know how the others view it, but the problem with KK is their approach... I wonder, why they could not pay the 500M, put that behind them and concentrate on their lawsuit for loss of biz earnings in the billions. The 500m non-payment was sure to cause regulatory problems! In the law of contract, you are better placed if you meet all your obligations under it then sue for breach with clean hands. But meeting your licensing conditions is not something you mess with.
Gordon Gekko
#589 Posted : Monday, September 06, 2010 5:52:23 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
nahdy wrote:


To take a line from the release above, "Today, 6th September 2010, at 13.00 p.m. we effected service of the Order and Pleadings upon KPRL MD, Mr. Raj Varma in his office on Chiromo Road, Westlands, Nairobi." So didn't they ask us to accompany them to Chiromo chanting 'Haki yetu'

@slykat, I had proposed that they deposit the cash in court a while back, but obviously Segman doesn't read wazua.....
VituVingiSana
#590 Posted : Monday, September 06, 2010 6:00:57 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
slykat wrote:
I wonder, why they could not pay the 500M, put that behind them and concentrate on their lawsuit for loss of biz earnings in the billions
Coz it might indicate to the court that they should pay the amount. If anything, KK should give it to the court as a 'deposit' pending the outcome but KPRL refuses to go to court or use an arbitrator per the Agreement. KPRL is using nyoike as an enforcer.

slykat wrote:
The 500m non-payment was sure to cause regulatory problems! In the law of contract, you are better placed if you meet all your obligations under it then sue for breach with clean hands. But meeting your licensing conditions is not something you mess with.
KK is claiming NOT to have any rules/regulations. They have been accused of it but KK denies it.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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