wazua Sat, Sep 13, 2025
Welcome Guest Search | Active Topics | Log In

8 Pages123>»
KQ is now trading at 13.50 - below rights issue
Options
Previous Topic · Next Topic
Sure
#1 Posted : Thursday, March 22, 2012 12:56:53 PM
Rank: Member


Joined: 9/9/2010
Posts: 546
Location: Garissa
What happens now. The offer volume is in the millions. The bid volume is in the ten thousandth. Would any sane person still buy KQ at below the rights price? This is something new. KPLC did not bletch that line.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
Back to top
WWW
 Report Abusive | Report SPAM
mlennyma
#2 Posted : Thursday, March 22, 2012 1:05:11 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
It grabs the honourable title "the worst performing stock in the world"and the 8th wonder in the world and the ceo is quiet as if no genocide is going on.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
obiero
#3 Posted : Thursday, March 22, 2012 1:34:09 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
the ONLY thing the ceo can do now is to call off the cursed thing.. it cant work, wont work

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
Back to top
WWW
 Report Abusive | Report SPAM
jerry
#4 Posted : Thursday, March 22, 2012 1:58:40 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
obiero wrote:
the ONLY thing the ceo can do now is to call off the cursed thing.. it cant work, wont work

Call it off then we move in! ati wud any sane person BUY at below rts price???
The opposite of courage is not cowardice, it's conformity.
Back to top
 Report Abusive | Report SPAM
2012
#5 Posted : Thursday, March 22, 2012 2:25:12 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
obiero wrote:
the ONLY thing the ceo can do now is to call off the cursed thing.. it cant work, wont work


You forget that Govt. and KLM are taking up their rights and that's 49% guaranteed so I can't see them calling it off and I don't think they'd get better uptake if they did it at a later date. That's why I think Govt. is not representing the taxpayers and its people well by taking up these rights at 14/-. It's not right.

BBI will solve it :)
Back to top
 Report Abusive | Report SPAM
ngapat
#6 Posted : Thursday, March 22, 2012 2:35:43 PM
Rank: Member


Joined: 12/11/2006
Posts: 898
Sure wrote:
Would any sane person still buy KQ at below the rights price?

would any sane person buy the rights at below the share price
“Invest in yourself. Your career is the engine of your wealth.”
Back to top
 Report Abusive | Report SPAM
jerry
#7 Posted : Thursday, March 22, 2012 2:57:37 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
2012 wrote:
obiero wrote:
the ONLY thing the ceo can do now is to call off the cursed thing.. it cant work, wont work


You forget that Govt. and KLM are taking up their rights and that's 49% guaranteed so I can't see them calling it off and I don't think they'd get better uptake if they did it at a later date. That's why I think Govt. is not representing the taxpayers and its people well by taking up these rights at 14/-. It's not right.

May be it's a bill out by GoK?
The opposite of courage is not cowardice, it's conformity.
Back to top
 Report Abusive | Report SPAM
kyt
#8 Posted : Thursday, March 22, 2012 3:08:16 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
bail out you meant? interesting hypothesis!!
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
Back to top
 Report Abusive | Report SPAM
Ali Baba
#9 Posted : Thursday, March 22, 2012 3:17:37 PM
Rank: Member


Joined: 8/29/2008
Posts: 571
I work in the airline industry,and I wouldn't touch a KQ stock or any other airline with a nine-foot pole.
Back to top
 Report Abusive | Report SPAM
2012
#10 Posted : Thursday, March 22, 2012 3:45:25 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
kyt wrote:
bail out you meant? interesting hypothesis!!


A bail out for expansion? I don't think so.

BBI will solve it :)
Back to top
 Report Abusive | Report SPAM
jerry
#11 Posted : Thursday, March 22, 2012 5:08:28 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
2012 wrote:
kyt wrote:
bail out you meant? interesting hypothesis!!


A bail out for expansion? I don't think so.

Thanks @kyt. @2012. You can assume without expansion they would go under. So it's a bail out in advance! And what did you have in mind when you chose 2012?
The opposite of courage is not cowardice, it's conformity.
Back to top
 Report Abusive | Report SPAM
the deal
#12 Posted : Thursday, March 22, 2012 5:57:35 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Capitulation capitulate
Back to top
 Report Abusive | Report SPAM
Eddy
#13 Posted : Thursday, March 22, 2012 6:20:02 PM
Rank: Member


Joined: 7/20/2006
Posts: 277
Ali Baba wrote:
I work in the airline industry,and I wouldn't touch a KQ stock or any other airline with a nine-foot pole.


Working there and investing there are 2 different things even if you are the finance director which i pray you are not.
Back to top
 Report Abusive | Report SPAM
MaichBlack
#14 Posted : Thursday, March 22, 2012 6:30:24 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,641
Buy when there is blood on the street!!! But this is only for people with balls of steel.

I see an opportunity here!

If this thing keeps going down, I'll engage the buying gear. The rights issue might not work and I'll be left holding "cheap" undiluted shares [read value!]. Or the rights issue succeeds with almost all the rights are taken up by the government and KLM and there will be no "additional shares" available for sale even after the rights been credited because these two are not [day] traders. Or I buy and burn my fingers terribly.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
murchr
#15 Posted : Thursday, March 22, 2012 6:36:46 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Ali Baba wrote:
I work in the airline industry,and I wouldn't touch a KQ stock or any other airline with a nine-foot pole.



Interesting, only in Kenya where an employee would not participate in building a company that enables him to put a meal on his table Think
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
 Report Abusive | Report SPAM
holycow
#16 Posted : Thursday, March 22, 2012 6:38:34 PM
Rank: Veteran


Joined: 11/11/2006
Posts: 972
Location: Home
MaichBlack wrote:
Buy when there is blood on the street!!! But this is only for people with balls of steel.

I see an opportunity here!

If this thing keeps going down, I'll engage the buying gear. The rights issue might not work and I'll be left holding "cheap" undiluted shares [read value!]. Or the rights issue succeeds with almost all the rights are taken up by the government and KLM and there will be no "additional shares" available for sale even after the rights been credited because these two are not [day] traders. Or I buy and burn my fingers terribly.


Laughing out loudly Laughing out loudly
Hisah recommends balls of diamond for KQ.
hisah wrote:
the deal wrote:
hisah wrote:
@deal - feel like taking this plane up to reset the oversell. Taking a small trade here too. Target 22.




These are risky trades i.e. coop, britank and KQ. This will require steel balls and ulcers resistance stomach walls.

Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly make it diamond balls for KQ...
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, March 22, 2012 6:42 PM | Reason: Not specified
itz
#17 Posted : Thursday, March 22, 2012 6:52:10 PM
Rank: Member


Joined: 3/20/2009
Posts: 348
the deal wrote:
Capitulation capitulate


This is no capitulation...64,000 shares shows investors are still holding to their shares hoping that they will go back up.They have not given up yet.
Back to top
 Report Abusive | Report SPAM
MaichBlack
#18 Posted : Thursday, March 22, 2012 6:52:18 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,641
holycow wrote:
Hisah recommends balls of diamond for KQ.

Mine are made of steel.

Sasa naona hapa iko chinda!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
 Report Abusive | Report SPAM
obiero
#19 Posted : Thursday, March 22, 2012 6:55:55 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
pardon my question, but did the govt actually consult wanjiku on this one? may our money be going to waste without our consent? i usually travel alot so I may have been out of the country when the consultation happened..

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
Back to top
WWW
 Report Abusive | Report SPAM
guru267
#20 Posted : Thursday, March 22, 2012 7:22:51 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Just one question.. Does anyone in wazua or the world think that 14bob is a fair price in this environment..

Personally, I offer my full support anyone planning to get in @ 7-9bob..

But at these levels you must be smoking the wrong stuff to be buying...
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (4)
8 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.