Yes... I hope KK negotiated some tough conditions as regards quality & yields... I would have preferred KK take it to court/arbitration. Not happy with the settlement...

Though I'm not privy to the terms of the settlement, I would expect that KK agreed to pay the Kshs 600m to KPRL either in tranches or in premiums over and above the usual processing fees. Of course this is if at all the payment of the Kshs 600m is part of the settlement agreement. Either way, KK's bottomline may suffer more than the other OMC's! Hopefully this can give me a chance to buy more!

Stop hating on Segman... Anyway, I am confident that KK will come out smelling like roses! KK will not have to pay KShs 600mn even though there may be higher fees going forward thus lower margins... Lakini, KK showed KPRL, GoK, ERC, KPC... that you don't eff around with KK... Otherwise, you can expect increases in fees all the time...

Lakini the 600mn does NOT excite me!!! I was waiting for 4bn... KK has 1.5bn shares @ 600mn = 0.30 EPS (additional PAT) 4bn would have been 2.00 EPS (additional PAT)

Agreed. We would all have been happier with 4 billion from KPRL but I always considered this to be a long shot, just like that with KPC. If KK wins it will be good but I doubt whether they will get the amount claimed. My investment case for KK is built on the profits and cash flows being made from operations which are pretty good. If you will recall many of us expected KK's share price to soar to as much as 15 before the problems with KPRL and its enforcers arose. This was primarily based on its very impressive H1 2010 results.