tag:blogger.com,1999:blog-9317825.post556638325116939380..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Analyzing Kenya Pipelinebankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-9317825.post-58129076862660874912009-02-08T08:35:00.000+03:002009-02-08T08:35:00.000+03:00100% privatization is the only solution. Powerful ...100% privatization is the only solution. Powerful people in the govt keep interfering with companiesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-60528030655983518312009-02-02T14:40:00.000+03:002009-02-02T14:40:00.000+03:00MainaT: would be good company, and if Co-Op could ...MainaT: would be good company, and if Co-Op could do 70% so could KPC with an over-hauled management and good transaction managers<BR/><BR/>Ka-investor: lakini it seems the contracts will go to Libyans and Chinese maybe with some equity promised<BR/><BR/>Hoseah: the year is still fresh, and the GoK which has lowered the bond floor will take cash from where it can<BR/><BR/>Coldtusker: Sounds like our risk-averse KE<BR/>Accounts will still be done by the CAG and probably Deloitte will do the actual work. It would be unwise to change auditors for June 2009bankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-87324930598717161702009-01-30T15:51:00.000+03:002009-01-30T15:51:00.000+03:00Is Anon = KE?The 2008 accounts will show huge cont...Is Anon = KE?<BR/><BR/>The 2008 accounts will show huge contingent liabilities which are LIKELY to crystallize.<BR/><BR/>What other liabilities (due to fraud) are NOT shown on the books?<BR/><BR/>Whoever audits KPC in 2008 will have to be very careful!<BR/><BR/>Plus there is the matter of demurrage costs incurred by Oil Marketers which might have to borne by KPC.coldtuskerhttps://www.blogger.com/profile/11310224592572460759noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-69291806064314387422009-01-29T20:04:00.000+03:002009-01-29T20:04:00.000+03:00The only people who will make any real money from ...The only people who will make any real money from these IPO's are the corrupt brokers who are charging you idiots enormous fee's for their "services".<BR/><BR/>Keep believing in this joke called the Nairobi Stock Exchange.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-86159952340659720692009-01-29T19:37:00.000+03:002009-01-29T19:37:00.000+03:00From the numbers--the company can be huge with pro...From the numbers--the company can be huge with proper leadership.<BR/>One is left to wonder where this great leadership will come from; it seems that everyone is looking out for number 1 and number 1 only.<BR/>I doubt it will get a good reception at the bourse--at least not this year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-28622653112567095932009-01-29T09:14:00.000+03:002009-01-29T09:14:00.000+03:00@Bankelele: Great Pre-IPO review. Thanks.@mainat: ...@Bankelele: Great Pre-IPO review. Thanks.<BR/><BR/>@mainat: I will tend to disagree with you on the demand for the KPC IPO. despite the recent scandals and and the depressed market, KPC is a monopoly and I'm sure many large investors will be more than willing to buy into it. And the numbers don't look bad even with too much 'political influence'. an oversubscription is eminent here, and if they throw in 'foreign investors' its going to be massive.kainvestorhttps://www.blogger.com/profile/18134557216145222316noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-5274636211396157642009-01-29T08:07:00.000+03:002009-01-29T08:07:00.000+03:00Its a good business, but will struggle with an IPO...Its a good business, but will struggle with an IPO this yr given last yr's weak numbers and the scandals which incidentally will hit its financials for 2008/9 and draining lack of confidence at the NSE...MainaThttps://www.blogger.com/profile/12266497232119983697noreply@blogger.com