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Kenya Airways 2011/12 Financial Results
murchr
#61 Posted : Thursday, June 14, 2012 5:59:11 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
When will they ever notice that their customer care service is sick to the core????????? The reason why people choose the other airlines is coz of that. And the fuel story is not making sense why not hedge well...nkt
"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
.
StatMeister
#62 Posted : Friday, June 15, 2012 9:52:18 AM
Rank: Veteran


Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
Am becoming bullish with this stock. Next year when their P/E becomes -ve, I will dive in at sub 5 mbob.
A bad day fishing is better than a good day at work
Kausha
#63 Posted : Friday, June 15, 2012 10:13:25 AM
Rank: Member


Joined: 2/8/2007
Posts: 808
Isn't it idiosyncrasy to attempt to solve balooning costs of accommodating delayed passengers by building a hotel. Is the assumption that costs of running this hotel will evaporate into the air, sounds a very daft statement coming from the board really. Something is awfully awfully wrong with this company. GoK threw money they would have used to build a hospital or equip Kenyatta Hospital to decent standards and save lives away by investing in KQ. So KQ is tired of running an airline and want to join the property 'boom' that's touted by insurance companies?????very very sick of them.
dave.kim
#64 Posted : Friday, June 15, 2012 1:10:23 PM
Rank: Member


Joined: 6/25/2010
Posts: 176
A case of a cyclical company in its low cycle together with the herd. Factor in the rights issue into 2011/2012 books and you will see the stock is selling at a discoun
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
dave.kim
#65 Posted : Friday, June 15, 2012 1:12:29 PM
Rank: Member


Joined: 6/25/2010
Posts: 176
A case of a cyclical company in its low cycle together with the herd. Factor in the rights issue into 2011/2012 books and you will see the stock is selling at a discount
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
VituVingiSana
#66 Posted : Friday, June 15, 2012 1:35:25 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
This sounds truer than ever

http://www.coldtusker.bl...nya-airways-rip-off.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
StatMeister
#67 Posted : Friday, June 15, 2012 1:38:19 PM
Rank: Veteran


Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
dave.kim wrote:
A case of a cyclical company in its low cycle together with the herd. Factor in the rights issue into 2011/2012 books and you will see the stock is selling at a discount


Then buy yourself some shares
A bad day fishing is better than a good day at work
VituVingiSana
#68 Posted : Friday, June 15, 2012 1:42:43 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
BIDS 25,600
Quantity Price Splits Time
300 12.70 1 13:41:27
15,000 12.60 8 13:41:27
10,300 12.55 2 13:41:27
- - - -
- - - -
ASKS 158,500
Quantity Price Splits Time
1,200 13.00 1 13:41:27
400 13.20 1 13:41:27
13,000 13.50 3 13:41:27
100 13.80 1 13:41:27
16,400 13.90 4 13:41:27
TRADES
Quantity Price Time
1,000 13.00 13:41:16
3,700 13.00 13:27:36
700 13.00 12:34:24
1,000 13.00 12:02:50
11,000 13.00 12:02:50
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Hunderwear
#69 Posted : Friday, June 15, 2012 7:29:20 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
http://www.facebook.com/...posts/10150902982648800

Dont quote me but am almost sure the suckers were about to takeoff witthout fuel!!!!!!!!!This is the way they are playing with the shareholder money
VituVingiSana
#70 Posted : Friday, June 15, 2012 9:03:58 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Hunderwear wrote:
http://www.facebook.com/PrideofAfrica/posts/10150902982648800

Dont quote me but am almost sure the suckers were about to takeoff witthout fuel!!!!!!!!!This is the way they are playing with the shareholder money
Ask about the flight from Nairobi to Accra with an unscheduled fueling stop in Douala!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwekez@ji
#71 Posted : Friday, June 15, 2012 10:30:11 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
DAMN!!! Not a single positive comment. Retail investors sentiments on this counter are loud and clear
mwekez@ji
#72 Posted : Friday, June 15, 2012 11:10:04 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Aguytrying wrote:
mwekez@ji wrote:
@Aguy, Institutional investors must be owning over 90% of KQ. Thats an informed group. Wanjiku can capitulate, institutionals wont.


thats the same thing ppl thought after kplc rights issue. has that prevented the counter from going way below rights price?
kq is a monkey(for now)


What ails KP? It has good prospects especially with the review in power tariff. Is it the change in dividend policy that has spooked the investors?
Simplified
#73 Posted : Friday, June 15, 2012 11:48:53 PM
Rank: Member


Joined: 11/26/2009
Posts: 67
Location: Pare pare
Hunderwear wrote:
http://www.facebook.com/PrideofAfrica/posts/10150902982648800

Dont quote me but am almost sure the suckers were about to takeoff witthout fuel!!!!!!!!!This is the way they are playing with the shareholder money



Kenya scareways..Laughing out loudly
Hug the bear....ride the bull.....di$mount!!!
VituVingiSana
#74 Posted : Saturday, June 16, 2012 1:15:28 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Did any Wazuans apply for the Rights? Why?
[Not judging, just asking]

Also read http://coldtusker.blogsp...nya-airways-rip-off.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#75 Posted : Saturday, June 16, 2012 9:38:13 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi


@hunderwear. What you are suggesting is IMPOSSIBLE. Too many checks and balances, too many people involved here for this to happen. There isn't even a remote chance of this happening.
A. The pilots are very particular about this
B. there is an engineer whose job is mainly to dispatch an aircraft with fuel.
C. There is a ground staff assigned tO ensure that refuelling is comPlete in good time.
D. Load controller who does the weight and balance provides weights based on actual fuel on aircraft.
E. the airplane has its own warning systems which tell u even before u start engines that there is something wrong ie not enough fuel to destination.

U have to understand that the policy is to take enough fuel to destination + alternate plus other fuel legally required(plus KQ policy fuel which is higher than legal reqmts). So unlike a car, we don't JAZA as that extra fuel is just dead weight ie ur burning fuel to carry this extra fuel. So we just take minimum fuel reqd for the journey. However, if a turnback is done for whatever reason, like was on the case on that MBA, you have burnt the some fuel, depending on the aircraft between 16-35 kgs per minute on ground and since u have taken minimum fuel required and u have burnt close to 100-200kgs during start,taxi out and then back in, u need a top up.

@VVS. THE NBO-ACC route, the unscheduled stop in DLA can again happen for various reasons.
A. That route is mainly flown over the equator/over the DRC which is known area for severe thunderstorms even at high altitude. Note that the weather forecasts don't accurately predict severe weather and deviations u have to make off track which chews up your fuel enroute. Sometimes u are off track avoiding lightening and thunderstorms by over 80nm(almost 148kms) north or south of your planned fuel efficient track. Also weather forecasts in these areas are not the most accurate.
B. going to the West, winds forecasted might have been headwinds but in flight, several times I have noticed that the actual winds are completely opposite and in some cases, you just have to make a tech stop as the winds are actually unfavourably extreme.
C. Air traffic - you make be planned on the flight plan to fly 38000 feet. However, due to traffic on that level, turbulence etc you are told by ATC to maintain 34000. The lower you are to ur optimum altitude, the more fuel u burn. this scenario is very possible in Kinshasa airspace.


youcan'tstopusnow
#76 Posted : Saturday, June 16, 2012 10:58:10 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Horton, way to go for breaking it down for us. Kazi nzuri!
GOD BLESS YOUR LIFE
youcan'tstopusnow
#77 Posted : Saturday, June 16, 2012 11:11:30 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Apparently, foreigners paying for their rights boosted the Kenya Shillingsmile
http://www.businessdaily.../-/4msc6vz/-/index.html
GOD BLESS YOUR LIFE
Aguytrying
#78 Posted : Saturday, June 16, 2012 4:56:42 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
youcan'tstopusnow wrote:
Apparently, foreigners paying for their rights boosted the Kenya Shillingsmile
http://www.businessdaily.../-/4msc6vz/-/index.html


they help us as we screw them. sounds fair
The investor's chief problem - and even his worst enemy - is likely to be himself
QW25091985
#79 Posted : Saturday, June 16, 2012 5:47:16 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
I always thought there was something suspicous about the counter.
The market rallied heavily on huge foreign demand but the counter never moved. Now atleast we know why.
mwekez@ji
#80 Posted : Saturday, June 16, 2012 8:07:57 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
Horton, way to go for breaking it down for us. Kazi nzuri!

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