The "2015" subject header has been overtaken by events hence the new thread.

KK's financial strength has changed substantially since 2015:
- Disposal of loss-making assets in Tanzania and DRC
- Substantial reduction in the level of debt. [Effectively the KES debt is zero]
- Consolidation of the business followed by expansion [new stations]
- KK is back in the OTS market with USD financiers willing to lend
- Cheaper financing from Dutch banks (vs French banks)
- KK is back into jet fuel in a big way [except supplying KQ which is still cash-strapped]
- Provision/settlement for KPRL/KPC debt and lawsuits
- Biwott is no more

KK is entering a new era of profitable growth [though there's a limit unless KK can expand regionally] and there's potential for a takeover given Ohana has cleaned the books and Biwott's kids may have little interest in "owning" KK.

There are some challenges e.g.
- The VAT coming in Sep will increase financing costs
- The VAT would increase the price which will lower demand
- The VAT will make smuggling/dumping of fuel more attractive. The KRA cannot stamp out smuggling when its officers (& police) are part of the problem
- Competition esp Vivo and Total

My Bottomline: KK will do well with or without a takeover.

How does KK fair in Bitumen supply in construction industry? How much revenue emanates from this type of business given the govt want to buy locally as we as well know KK is majority locally owned.

Far more how is the gas industry in this company with K-gas growing too fast. What can they do to endear Kenyans buy gas from them. I remember Total went far to other company staff cooperatives to encourage them buy on Coop loan.

Again i feel KK should as well think of a Bonus this time 1/10.

By the time this issue is done and dusted,the company will be majority owned by foreign institutional shareholders.

There must be a story to these large trades in the past few months. I wish we could find out

What remains is to force him buy shares,he said he doesn't trust buying shares

As a KK shareholder and customer... I admit, KK have the UGLIEST stations out of the Big 3.
Total and Shell have stations that are bright, attractive, warm...

There is need for those information to be reflected in financial reports.Shareholders are not investing based on assumption.They invest on actual facts.

It's in the annual report. They have a choice about which options they would like re: valuation of assets.
Unga has "historical" valuation of their Prepaid Operating Leasehold (27mn) but also show the revaluation as of 2013 of 878mn.
Likewise, KK could do the same but they need not.

My bet is the dividend will be huge after the government allowed them to do some cost recovery last year

This --> https://www.standardmedi...el-over-next-six-months