The global airline industry has rebounded very strongly this year. Most airlines particulary in Asia are reporting triple digit profit growth this year. On account of this KQ should be watched closely. Check out. www.afrikainvestor.blogspot.com for a more detailed analysis

Vitu, I agree with you. KQ is no Emirates. But this is not just about Emirates, virtually the whole industry has bounced back this year. Over the last 10 years (according to IATA figures), the global airline industry has been loss making. KQ on the other hand has been profitable for most of the last 10 years. Surely KQ should benefit from a general industry surge. Even the US industry which is very mature has done supremely well in the first 9 months of 2010. Iko kitu.

I like the pessimism on KQ that way even if 5 Nov backfires we wont get roasted...some media carried reports that KQ made losses in the 1Q so anything is possible here...just praaaay...

..serious times these are.. when sound investment analysis by likes of vvs and deal are interspersed with terms such as "pray"... "hope" .... naikuni's adamant political connections n patronage that seems to be working overtime to ensure his "lifetime-seat-holder" at the helm of KQ will mess up everyone in the long run. can't he learn from MJ?? NKTmost! amp;

Caution!!dont expect more than the company can chew...it can be disastrous to the share...is tomorow the defining moment?

On KQ i will be looking at 2 things tomorrow.

1. Operating profit
2. Overheads

If any of those blow in our face i will sale without a blink cause it will show that management is struggling to drive the plane.

everytime i've alluded that focus be on operating profits..dismissal has been abrupt and fast..preference given to revenue growth..(passenger numbers, route expansions blah blah blah).. wacha tuone.

Hope you are watching.

@ProverB, I think you and I have been together on our emphasis on operating profits. I have even gone ahead to give my projection on what I think the figure will be for H1. As for the overheads that is anyone's guess.

We will now know tomorrow.

ProverB, Over 50% of my portfolio is in Financials, so I needed some other avenue to balance my portfolio. Most of my KQs are recent buys. I also hold KK and KPLC as my core Industrial Holdings. I hold a few other stocks, which some may consider outlandish such as Agriculturals.

At the moment, I feel I am a little over diversified. I am therefore looking to trim the portfolio a bit.