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KENOL/KOBIL
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tkzee
#871 Posted : Monday, October 11, 2010 11:08:28 AM
Rank: Member

Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
KK finally settles dispute with KPRL http://www.kenolkobil.com/home/index.php
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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The Merchant
#872 Posted : Monday, October 11, 2010 11:17:02 AM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Sad! No compensation! Now I hope all that dramma did not erode profits since there was nothing (financially) gained from all this. I think the only advantage here is... now the stock looks poised to rush up as it has no dark cloud hanging over it. Interesting market we play here fellows.
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VituVingiSana
#873 Posted : Monday, October 11, 2010 11:26:42 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
tkzee wrote:
KK finally settles dispute with KPRL http://www.kenolkobil.com/home/index.php
I preferred the lawsuits!!! Coz I was confident that KK would have won against KPRL but it seems that MoE has pressured KK into settling with KPRL... I wonder what is going to happen with the KPC dispute...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#874 Posted : Monday, October 11, 2010 11:35:25 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Uking'ang'ana na ndovu utapasuka musamba
"Don't let the fear of losing be greater than the excitement of winning."
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tkzee
#875 Posted : Monday, October 11, 2010 11:39:50 AM
Rank: Member

Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
VituVingiSana wrote:
tkzee wrote:
KK finally settles dispute with KPRL http://www.kenolkobil.com/home/index.php
I preferred the lawsuits!!! Coz I was confident that KK would have won against KPRL but it seems that MoE has pressured KK into settling with KPRL... I wonder what is going to happen with the KPC dispute...
Going by the reports last week it seems that the matter favors KK so i bet all is not lost.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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guru267
#876 Posted : Monday, October 11, 2010 11:42:12 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
tkzee wrote:
KK finally settles dispute with KPRL http://www.kenolkobil.com/home/index.php
i was only going to get in after the dispute was settled...
Mark 12:29 Deuteronomy 4:16
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mjuaji wa stocks
#877 Posted : Monday, October 11, 2010 12:00:37 PM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
The Merchant wrote:
Sad! No compensation! Now I hope all that dramma did not erode profits since there was nothing (financially) gained from all this. I think the only advantage here is... now the stock looks poised to rush up as it has no dark cloud hanging over it. Interesting market we play here fellows.
Where did you get to know there is no conpensation???
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!
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mjuaji wa stocks
#878 Posted : Monday, October 11, 2010 12:02:23 PM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
guru267 wrote:
tkzee wrote:
KK finally settles dispute with KPRL http://www.kenolkobil.com/home/index.php
i was only going to get in after the dispute was settled...
I buy when there is blood in the streets.....and especially if that blood is mine!! So ...do you think it come back to 8.80/- again??smile
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!
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VituVingiSana
#879 Posted : Monday, October 11, 2010 12:20:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Huge trades in KK after the announcement that it has settled with KPRL... Remember KK does not have to pay the KShs 600mn KPRL was claiming though it will 'lose' the KShs 4bn that it was claiming from KPRL...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#880 Posted : Monday, October 11, 2010 12:44:40 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
Huge trades in KK after the announcement that it has settled with KPRL... Remember KK does not have to pay the KShs 600mn KPRL was claiming though it will 'lose' the KShs 4bn that it was claiming from KPRL...
Going forward how will the new processing fee's affect KK's bottom line?
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