KQ posted their full year results for period ended March 31st yesterday..took a whole lot of advert space..
at a time when not very many kenyans remembered the had published them in june..
and again..furore thanx to the "Amazing" growth in EPS.. investors stuck on valuing shares based on p/e ratio must have been beside themselves with glee!! Low P/e.. expanding business..smooth talking CEO.. crap!.. and the share touches high of 52.00!!!
Anyway.. intersting piece of infor..
http://www.businessdaily...-/12t1qk7z/-/index.html
Business Daily wrote:Kenya Airways is NAS’s biggest client. The company caters for all KQ flights at Jomo Kenyatta International Airport (JKIA).
The airlines were reluctant to give details on how much more they would incur on operating costs, linked to weight and cargo space.
“We have to accommodate the extra weight when flying into Nairobi but cannot say how much it is right now,” Mr Mawadri said.
If the staff eventually acted, the action was expected to have a major impact on NAS’s business that has been thriving as Nairobi grows as a major aviation hub in East Africa and entire continent mainly driven by the expansion of Kenya Airways.
Efforts to get comments from the catering group did not bear fruits as the firm had not responded to requests by the time we went to press.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version