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Kenya airways records 6.589bn 1H loss.
youcan'tstopusnow
#31 Posted : Wednesday, November 07, 2012 2:55:26 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mlennyma wrote:
I have given my holding in kq to my grand children if at all it survives

I beseech you, please don't be so cruel to your wajukuu as to leave them KQ sharesSad
GOD BLESS YOUR LIFE
sparkly
#32 Posted : Wednesday, November 07, 2012 3:40:05 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
King G wrote:
guru267 wrote:
hisah wrote:
guru267 wrote:
hisah wrote:
KQ has big bro GoK. So bankruptcy is not an option. Add IFC into the mix, bankruptcy becomes very unlikely...


The only thing that GOK can protect against is liquidation! But when it comes to bankruptcy not even GOK can save KQ..

I hope @murchr et al. can see that 8 years worth of retained earnings have been wiped of the balance sheet... How they will recover that only God knows!

5bob per share pap!!

Why would gok let kq go under? Wata print pesa for bailout.


Bailouts usually come after bankruptcy not before! Ask Uchumi...


Share for vision 2030 :d/

what are they doing with the rights money. I would expect a jump in finance income!
Life is short. Live passionately.
Impunity
#33 Posted : Wednesday, November 07, 2012 3:40:24 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
And I have read somewhere that this is the worst loss ever reported by a listed company in Kenya's history.

Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mlennyma
#34 Posted : Wednesday, November 07, 2012 3:45:03 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
It beat kk in loss hands down
"Don't let the fear of losing be greater than the excitement of winning."
murchr
#35 Posted : Wednesday, November 07, 2012 4:16:34 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
This day would have been the worst day to be hammered by mr. mkt but still above 10/- so where is the 5 going to come from?
"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
.
guru267
#36 Posted : Wednesday, November 07, 2012 5:16:52 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
murchr wrote:
This day would have been the worst day to be hammered by mr. mkt but still above 10/- so where is the 5 going to come from?


5bob will probably come after full year results are out.. But from here the only way is down!!
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#37 Posted : Wednesday, November 07, 2012 7:17:14 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
mlennyma wrote:
It beat kk in loss hands down
Well, 1) KK will make money in 2H. KQ will probably lose more in 2H. 2) KK has a suitor. KQ has none.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
PROMANETT
#38 Posted : Wednesday, November 07, 2012 11:02:30 PM
Rank: New-farer

Joined: 1/25/2012
Posts: 15
Chris Diaz has joined KQ as the marketing director ....Expect a turnaround smile

http://www.whoswho.co.ke/chris-diaz-71662

http://www.bidco-oil.com...oyeedetails.aspx?EID=14

http://www.bidco-oil.com.../newsdetails.aspx?NID=19
Wealth, like happiness, is never attained when sought after directly. It comes as a by-product of providing a useful service - Henry Ford
mibbz
#39 Posted : Thursday, November 08, 2012 12:13:31 AM
Rank: Member

Joined: 2/18/2011
Posts: 448
turn around perhaps in 2013-14 year,expect 5 bob by march next year.i recommend a sell at its current price to facilitate a future buy at a discounted price
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