Comments on: :::KenolKobil Profit Warning::: http://www.ribacapital.com/2009/07/23/kenolkobil-profit-warning/ African Markets and Investments Sat, 11 Dec 2010 12:50:27 +0200 hourly 1 http://wordpress.org/?v=3.3.1 By: Riba Capital http://www.ribacapital.com/2009/07/23/kenolkobil-profit-warning/comment-page-1/#comment-672 Riba Capital Fri, 24 Jul 2009 15:37:06 +0000 http://ribacapital.com/?p=154#comment-672 CT: Exactly my point, KenolKobil knows that they are tied to GoK, and they have always been so this is not a new requirement that they have to abide by, KPRL has always been inefficient, again this is not new info and they have always had to take this into consideration when they are planning.<br /><br /> So as much as these inefficiencies affect their business they are not the main reason that they didn't perfom this time.<br /><br />The point is, the provision they have to make for this mystery customer? is where their money seems to be going. CT: Exactly my point, KenolKobil knows that they are tied to GoK, and they have always been so this is not a new requirement that they have to abide by, KPRL has always been inefficient, again this is not new info and they have always had to take this into consideration when they are planning.

So as much as these inefficiencies affect their business they are not the main reason that they didn't perfom this time.

The point is, the provision they have to make for this mystery customer? is where their money seems to be going.

]]> By: coldtusker http://www.ribacapital.com/2009/07/23/kenolkobil-profit-warning/comment-page-1/#comment-671 coldtusker Fri, 24 Jul 2009 09:42:58 +0000 http://ribacapital.com/?p=154#comment-671 Kenol has NO choice BUT to rely on KPRL & KPC... saying that Kenol should be prepared is a little disingenious.<br /><br />The GoK (read my blog for details) FORCES all OMs to use KPRL for 70% of their needs. So how do you mitigate that?<br /><br />Add salt to the wound. KPRL can only process 50% of the needs/demand. So Kenol can't sell as much as they want... That is where triton comes in... They are the favoured kids of corrupt politicians...<br /><br />KPC lied to Kenol & Kenyans about the new pumping capacity. kibz did a dog & pony show about 'opening' the pipeline... then... nothing...<br /><br />Now... if I tell you I will deliver... at some point I have to believe you...<br /><br />The customer is Pan Paper... the GoK had sorta made noises about helping PanPaper thus Kenol continued supplying PanPaper... Kenol has NO choice BUT to rely on KPRL & KPC… saying that Kenol should be prepared is a little disingenious.

The GoK (read my blog for details) FORCES all OMs to use KPRL for 70% of their needs. So how do you mitigate that?

Add salt to the wound. KPRL can only process 50% of the needs/demand. So Kenol can't sell as much as they want… That is where triton comes in… They are the favoured kids of corrupt politicians…

KPC lied to Kenol & Kenyans about the new pumping capacity. kibz did a dog & pony show about 'opening' the pipeline… then… nothing…

Now… if I tell you I will deliver… at some point I have to believe you…

The customer is Pan Paper… the GoK had sorta made noises about helping PanPaper thus Kenol continued supplying PanPaper…

]]>