A combination of (sick) and (fascinating) gives you 'sicketating'. Meaning something is just all around fucking brilliant. Must be said with a lot emphasis on the 's' therefore not advised to those with a lisp or gay lisp or both.
A small piece of information. Derived from the word ken, used often in the scottish language and is synonymous with knowledge.
Person 1: "Hey I don't get this shit. How do you solve this problem?"
Person 2: "I got that one. Give me some kenlets on this assignment and I'll help you w/ that one."