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Time to enter KQ?
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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And on that note, at 32.00 kq is just too attractive. No one knows the future, whether it will go to 24,00. But the fact is its at 32.00. I was not very moved at 35.00, but this is just too juicy The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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i am waitin for it at 24.00 .
@ a guy tryin . let me tell you a secret. i bear market people buy DEFENSIVE stocks.as you wait the bear out.and if you are waitin for the rally back to 40.00 for kq . i'll wait for a very long time..
you put your money in the likes of KQ and i tell you you'll cry for the rest of the year !!!!!!!!!!!!!!!!!!!!!!!!!!
ever wondered why WTK ( williamson tea) and the like do very well in bear markets. do you research and save yourself some agony....
THE BEAR IS HERE TO STAY.SO ACCEPT IT .
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Aguytrying wrote:And on that note, at 32.00 kq is just too attractive. No one knows the future, whether it will go to 24,00. But the fact is its at 32.00. I was not very moved at 35.00, but this is just too juicy @Aguytrying. It was once at half that price. What will make it not go to 25/=? The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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Any info on the date of this rights thing?? Still clutching at straws.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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TN promised more info in April...with oil on the rampage i think the best investment decision i have made this year was to dump KQ at 42 bob..locking in my 10% loss.
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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Yeah,sold some small holding at 43.The bulk still held, awaiting some 'magic'!!But can't TN and team see that that Rights Issue will surely fail? Was talking to some fund manager and yes.....no intention to touch it whatsoever.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@Pierce the fund manager you were talking too, does he know their hedging positions? i cant wait for the 4Q Passenger numbers it would be easy to estimate year end results based on those.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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A rights price above 25bob is not attractive to me. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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the deal wrote:@Pierce the fund manager you were talking too, does he know their hedging positions? i cant wait for the 4Q Passenger numbers it would be easy to estimate year end results based on those. He probably does not.........what profit level do you think would 'excite the market'? That's PAT
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Pierce wrote:the deal wrote:@Pierce the fund manager you were talking too, does he know their hedging positions? i cant wait for the 4Q Passenger numbers it would be easy to estimate year end results based on those. He probably does not.........what profit level do you think would 'excite the market'? That's PAT At this depressed price anything above 20% will do...
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Rank: New-farer Joined: 9/17/2010 Posts: 35 Location: nairobi
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Pierce wrote:Any info on the date of this rights thing?? Still clutching at straws. waiting for the last years financial year,any body with idea when it will hapen?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Expensive oil will eat into the profitability in Q4. Also the impending rights issue does not support bullishness on this counter. I'd rather wait for the rights details to become clear and the CEO's statement on the outlook of 2011 - 2012 on results announcement... When this stock finally rebounds, I expect it to reclaim the 60/- levels. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@Hisah very true but KQ hedges are at US$90 per Barrel Here is an abstract from my blog post Good news for KQ shareholders at least one of the pieces in the puzzle is out of the way. With them hedging at US$ 90/barrel that was a good move and it gives little hope that the end year financial statements might be better but note that the Cash Flow Hedges were -1.286B Ksh during the first half of the financial year when oil was trading below $90/barrel . The other pieces of the puzzle remain 1. We need more information on the capital raising exercise 2. More convicing passenger numbers I expect the share price to remain depressed as the investors try to factor in the two issues Entire article here feel free to comment http://contrarianinvesti...at-us90-per-barrel.html
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Rank: Veteran Joined: 12/9/2010 Posts: 894 Location: Nairobi
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todays kq volumes were very high, with 3m shares worth over 100m, i wonder who is buying and what this means. i think this looks enticing at this price for speculation Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Tommy wrote:todays kq volumes were very high, with 3m shares worth over 100m, i wonder who is buying and what this means. i think this looks enticing at this price for speculation >>It all depends on who is steering the stock; buyer or seller? The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 12/15/2010 Posts: 162
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jerry wrote:Tommy wrote:todays kq volumes were very high, with 3m shares worth over 100m, i wonder who is buying and what this means. i think this looks enticing at this price for speculation >>It all depends on who is steering the stock; buyer or seller? foreigners were both on the buy and sell sides. very few local investors participated in the KQ trades. Most investors are still waiting for more info on the financing structure
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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At one point the supply was 0 with low bids of demand,this is how a looming rights issue can hold a share at ransom.the faster they bring their plan,the better for the share.4now we are tied. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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What are the volumes looking like today?
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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A paltry 23,600 as at 10.35am "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 12/15/2010 Posts: 162
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Highest mover as 10.50am with 300,000 shares worth KES9.81M changing hands. 
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Time to enter KQ?
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