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KENOL/KOBIL
VituVingiSana
#861 Posted : Thursday, October 07, 2010 9:37:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Honestly... I am totally CONFUSED... Check the stories: Business Daily on 7th Oct 2010: http://www.businessdaily...6/-/ilpw97z/-/index.html Business Daily on 8th Oct 2010: http://www.businessdaily...58/-/qfpbi1/-/index.html Aren't these 2 stories contradictory??? I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#862 Posted : Thursday, October 07, 2010 9:59:11 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
guru, kwani where did the UNGA money go?smile
I've put it all in Kakuzi at 81bob.. That money was strictly for agriculturals....
Mark 12:29 Deuteronomy 4:16
BGL
#863 Posted : Thursday, October 07, 2010 11:12:22 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
VituVingiSana wrote:
Honestly... I am totally CONFUSED... Check the stories: Business Daily on 7th Oct 2010: http://www.businessdaily...6/-/ilpw97z/-/index.html Business Daily on 8th Oct 2010: http://www.businessdaily...58/-/qfpbi1/-/index.html Aren't these 2 stories contradictory??? I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...
Spin doctors are paid to create CONFUSION!
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Afroblk
#864 Posted : Thursday, October 07, 2010 11:29:27 PM
Rank: New-farer

Joined: 3/3/2010
Posts: 79
Ya'll read too much, just stick to the fundamentals and you'll do great!
Knowledge is contagious...Infect truth!
guru267
#865 Posted : Friday, October 08, 2010 3:49:23 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Afroblk wrote:
Ya'll read too much, just stick to the fundamentals and you'll do great!
@afro fundamentals are ALWAYS backed by information on a counter.... One can't ignore either
Mark 12:29 Deuteronomy 4:16
guru267
#866 Posted : Friday, October 08, 2010 4:05:28 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Honestly... I am totally CONFUSED... Check the stories: Business Daily on 7th Oct 2010: http://www.businessdaily...6/-/ilpw97z/-/index.html Business Daily on 8th Oct 2010: http://www.businessdaily...58/-/qfpbi1/-/index.html Aren't these 2 stories contradictory??? I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...
@VVS i don't know what your talking about... The two stories are just different and not contradictory because the judges who made the two decisions are also different
Mark 12:29 Deuteronomy 4:16
VituVingiSana
#867 Posted : Friday, October 08, 2010 10:49:28 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
Honestly... I am totally CONFUSED... Check the stories: Business Daily on 7th Oct 2010: http://www.businessdaily...6/-/ilpw97z/-/index.html Business Daily on 8th Oct 2010: http://www.businessdaily...58/-/qfpbi1/-/index.html Aren't these 2 stories contradictory??? I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...
@VVS i don't know what your talking about... The two stories are just different and not contradictory because the judges who made the two decisions are also different
Neither do I know what you are talking about... Please read both stories again... If the judges being referred to are different [as concerns the specific ruling & appeal] please show me where it says so...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#868 Posted : Friday, October 08, 2010 1:22:37 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I think the worst is over for this stock...i believe the only way now is up at 9.95 it looks like a good buy...this stock might come into play by next year January..
Elder
#869 Posted : Friday, October 08, 2010 2:34:56 PM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
From what I read in the Nation which make more sense KPC has an appeal in the High Court against the arbitration award. KK then made an application for the appeal to be dismissed. That application was itself refused/dismissed. They then made a second application again to dismiss the appeal. That second application is the latest one and was dismissed by the second Judge for res judicata. Which means that KPC's appeal is still live and shall be heard.
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
VituVingiSana
#870 Posted : Friday, October 08, 2010 6:20:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
@Elder - Could be. It's just the stories had the Judge # 2 (sitati) 'agree' with KK in the 1st story... [Headline: Pipeline loses bid to contest Sh4.6b award to KenolKobil ]... then 'disagree' with KK in the 2nd story... [Headline: KPC gets go-ahead to contest Sh4.6 billion Kenol award ]...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
238 Pages«<8586878889>»
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