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Kobil Kitengela razed down
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Impunity
#1 Posted : Monday, July 18, 2011 8:12:23 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
smile Me like this,KK share to tumble today.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Gordon Gekko
#2 Posted : Monday, July 18, 2011 8:46:25 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Impunity wrote:
smile Me like this,KK share to tumble today.

I suspect it is MUCH smaller than the one that got razed down along Langata Road next to Dam Estate. What was the effect on the share then?
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mwanahisa
#3 Posted : Monday, July 18, 2011 8:59:14 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
@GG, Indeed. We should also ask just how much in volumes does that particular station push as a percentage of total KK sales? And I bet most of the damage plus loss of sales would be covered by Insurance not so?
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accelriskconsult
#4 Posted : Monday, July 18, 2011 9:19:13 AM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
Impunity wrote:
smile Me like this,KK share to tumble today.



Why would it tumble?
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mlennyma
#5 Posted : Monday, July 18, 2011 9:24:48 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I will not engage in this petty issue,how can one remote station affect a regional empire?
"Don't let the fear of losing be greater than the excitement of winning."
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Burning Spear
#6 Posted : Monday, July 18, 2011 9:30:51 AM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
Impunity wrote:
smile Me like this,KK share to tumble today.



all liabilities will be passed to their insurer.
The insurer will reinstate KK station to the same financial position it was before the loss occured.This is a simple insurance rule !
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
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Impunity
#7 Posted : Monday, July 18, 2011 9:39:00 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
mlennyma wrote:
I will not engage in this petty issue,how can one remote station affect a regional empire?


If you subtract 50 cents from one thousand shillings, do you still have one thousand shillings?
d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Cde Monomotapa
#8 Posted : Monday, July 18, 2011 9:42:31 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mlennyma wrote:
I will not engage in this petty issue,how can one remote station affect a regional empire?
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Cde Monomotapa
#9 Posted : Monday, July 18, 2011 9:47:37 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
+6.5% up today. So much for this wet dream.
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dunkang
#10 Posted : Monday, July 18, 2011 9:59:25 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Wazuans, please get your pessimism out of this site. How can you relate the razing down of one gas station(most probably accounting for atmost 2% volume sales annually) to tumbling of a companies share price.

Get busy, lest you are another breed of activist who utter any a long as is bad (an mostly useless), nothing good.
Receive with simplicity everything that happens to you.” ― Rashi

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