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The KenolKobil 2015 pendulum
Rank: Elder Joined: 12/7/2012 Posts: 11,921
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watesh wrote:Angelica _ann wrote:Currently this is the 2nd best managed company listed at NSE after BAT!!!!!  Maybe 3rd....SCOM beats every public company in this country. I dont see any other company which can protect its market share despite it being more expensive than the rest Over the years, Safaricom has had scandles, just suppressed because of bigbrotherhood. Many senior management have been sacked and/or forced to resign. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Angelica _ann wrote:watesh wrote:Angelica _ann wrote:Currently this is the 2nd best managed company listed at NSE after BAT!!!!! Maybe 3rd....SCOM beats every public company in this country. I dont see any other company which can protect its market share despite it being more expensive than the rest Over the years, Safaricom has had scandles, just suppressed because of bigbrotherhood. Many senior management have been sacked and/or forced to resign.  Every system is prone to weakness. Early detection of wanderering and adventure's is called controlling. successfully diagnostic procedures to evict and shame is a plus. Not keeping bones in the crochet or sweeping under the carpenter like it did happen here to a point of threatening the real existence of the firm. Nyenye tuachie vipofu wa hii maneno. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 12/7/2012 Posts: 11,921
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muandiwambeu wrote:Angelica _ann wrote:watesh wrote:Angelica _ann wrote:Currently this is the 2nd best managed company listed at NSE after BAT!!!!! Maybe 3rd....SCOM beats every public company in this country. I dont see any other company which can protect its market share despite it being more expensive than the rest Over the years, Safaricom has had scandles, just suppressed because of bigbrotherhood. Many senior management have been sacked and/or forced to resign. Every system is prone to weakness. Early detection of wanderering and adventure's is called controlling. successfully diagnostic procedures to evict and shame is a plus. Not keeping bones in the crochet or sweeping under the carpenter like it did happen here to a point of threatening the real existence of the firm. Nyenye tuachie vipofu wa hii maneno. Exactly!!!!! KK is ahead of Safcom on that In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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 Angelica _ann wrote:muandiwambeu wrote:Angelica _ann wrote:watesh wrote:Angelica _ann wrote:Currently this is the 2nd best managed company listed at NSE after BAT!!!!! Maybe 3rd....SCOM beats every public company in this country. I dont see any other company which can protect its market share despite it being more expensive than the rest Over the years, Safaricom has had scandles, just suppressed because of bigbrotherhood. Many senior management have been sacked and/or forced to resign. Every system is prone to weakness. Early detection of wanderering and adventure's is called controlling. successfully diagnostic procedures to evict and shame is a plus. Not keeping bones in the crochet or sweeping under the carpenter like it did happen here to a point of threatening the real existence of the firm. Nyenye tuachie vipofu wa hii maneno. Exactly!!!!! KK is ahead of Safcom on that  Who is painstakingly writing down billions of lost fuel revenues? Safcom or kk. Who is at unease with trade partners for systems gone haywire? Ofcoarse kk. @ Angelica, naelewa Christmas Carols are in the air and may have some level of influence on your logic centre but sooner or later u will be in perspective and know that, at kk, celebration time are a mile away and with uncertainties altogether. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,772 Location: nairobi
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Preach muandi
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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@vvs u made mi night anyway. But if u find out that your debtor is not going to sortout your debt, do you first comfort your self 50% it may be paid 50% may not or you write off?. But its already obvious it was a bad deal, kk was not doing derivatives (hedging or futures or options) with GK. How long has it taken your 'impeccable' boss to realise that. Stop pulling peoples legs soothing them that you just realised to provide only to drop the bombshell belatedly. Hizi skills za big cats twasijijua. A well said word in time is better than a false promise. ,Behold, a sower went forth to sow;....
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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muandiwambeu wrote:@vvs u made mi night anyway. But if u find out that your debtor is not going to sortout your debt, do you first comfort your self 50% it may be paid 50% may not or you write off?. But its already obvious it was a bad deal, kk was not doing derivatives (hedging or futures or options) with GK. How long has it taken your 'impeccable' boss to realise that. Stop pulling peoples legs soothing them that you just realised to provide only to drop the bombshell belatedly. Hizi skills za big cats twasijijua. A well said word in time is better than a false promise. Total has sued GoK/KPRLand hopefully a decision is reached soon but this is Kenya therefore the debt owed by KPRL (to KK) is being provided for. The provision doesn't negatively affect (operating) profits or cashflow. It's an accounting entry and the reported EPS (but not cash) will take a hit. Perhaps even a benefit as a basis for tax relief. Predates Ohana's time as CEO of KK. So... what's your point? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:muandiwambeu wrote:@vvs u made mi night anyway. But if u find out that your debtor is not going to sortout your debt, do you first comfort your self 50% it may be paid 50% may not or you write off?. But its already obvious it was a bad deal, kk was not doing derivatives (hedging or futures or options) with GK. How long has it taken your 'impeccable' boss to realise that. Stop pulling peoples legs soothing them that you just realised to provide only to drop the bombshell belatedly. Hizi skills za big cats twasijijua. A well said word in time is better than a false promise. Total has sued GoK/KPRLand hopefully a decision is reached soon but this is Kenya therefore the debt owed by KPRL (to KK) is being provided for. The provision doesn't negatively affect (operating) profits or cashflow. It's an accounting entry and the reported EPS (but not cash) will take a hit. Perhaps even a benefit as a basis for tax relief. Predates Ohana's time as CEO of KK. So... what's your point? Everybody looks at the reported EPS. Who wants to date an ugly gal in the name of inner beauty? Life is short. Live passionately.
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Rank: Member Joined: 8/14/2009 Posts: 244
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Bottom line: You'll pay me to exit KK. So what's the point?
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:muandiwambeu wrote:@vvs u made mi night anyway. But if u find out that your debtor is not going to sortout your debt, do you first comfort your self 50% it may be paid 50% may not or you write off?. But its already obvious it was a bad deal, kk was not doing derivatives (hedging or futures or options) with GK. How long has it taken your 'impeccable' boss to realise that. Stop pulling peoples legs soothing them that you just realised to provide only to drop the bombshell belatedly. Hizi skills za big cats twasijijua. A well said word in time is better than a false promise. Total has sued GoK/KPRLand hopefully a decision is reached soon but this is Kenya therefore the debt owed by KPRL (to KK) is being provided for. The provision doesn't negatively affect (operating) profits or cashflow. It's an accounting entry and the reported EPS (but not cash) will take a hit. Perhaps even a benefit as a basis for tax relief. Predates Ohana's time as CEO of KK. So... what's your point? Everybody looks at the reported EPS. Who wants to date an ugly gal in the name of inner beauty?  I can wait for the Ugly Duckling to mature into a Swan in 18 months. Vision 2018. An interesting note: KK is provisioning but not writing off the money owed by KPRL. If Total succeeds [in 1-5 years] against KPRL/GoK then the monies owed to KK will also come due. I think KPRL should sell the tanks to the OMCs to offset the debt. KK needs more storage anyway! That's 1bn+ to be written back! Nice little present. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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Love the lines waiting to fill up at KK stations! Other OMCs are also giving discounts which is either a reaction to KK or the margins are healthy enough to afford the 5/- discount and still make a decent margin. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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VituVingiSana wrote:Love the lines waiting to fill up at KK stations! Other OMCs are also giving discounts which is either a reaction to KK or the margins are healthy enough to afford the 5/- discount and still make a decent margin. so they have copy pasted "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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VituVingiSana wrote:Love the lines waiting to fill up at KK stations! Other OMCs are also giving discounts which is either a reaction to KK or the margins are healthy enough to afford the 5/- discount and still make a decent margin. I have visited 5 KK stations to register for the KK Card but it's all stories. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Pesa Nane wrote:VituVingiSana wrote:Love the lines waiting to fill up at KK stations! Other OMCs are also giving discounts which is either a reaction to KK or the margins are healthy enough to afford the 5/- discount and still make a decent margin. I have visited 5 KK stations to register for the KK Card but it's all stories. Is it an office document or a petrol station document? I don't think this sensitive chip cards are supposed to be dished from petrol stations "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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Pesa Nane wrote:VituVingiSana wrote:Love the lines waiting to fill up at KK stations! Other OMCs are also giving discounts which is either a reaction to KK or the margins are healthy enough to afford the 5/- discount and still make a decent margin. I have visited 5 KK stations to register for the KK Card but it's all stories. What? That's just sad. Which stations? Here how I got a card. I went into my station and I asked for a card. I was given a form to fill in and deposit 2,000/- (or something like that) onto the card. They gave me an acknowledgment for my form and deposit. About 1 week later, I went back to the same station and they had my card. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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@PesaNane http://www.kenolkobil.com/k-card.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Thanks @VVS. After the frustration I will renew the efforts after the long weekend. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 8/16/2011 Posts: 2,355
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enjoying life with KK
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