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Kenya Airways FY 2012/13 after tax loss of 7.8bn
murchr
#1 Posted : Friday, June 14, 2013 8:57:06 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"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
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mlennyma
#2 Posted : Friday, June 14, 2013 9:02:01 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Dogs must be barking now.
"Don't let the fear of losing be greater than the excitement of winning."
Sober
#3 Posted : Friday, June 14, 2013 9:18:12 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Teren Teren...
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
murchr
#4 Posted : Friday, June 14, 2013 9:23:16 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"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
.
ProverB
#5 Posted : Friday, June 14, 2013 9:41:23 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
7.864Billion loss..n unbridled optimism on cheap intra africa flight routes.. Aki si Naikuni a redeployiwe? ..to something ceremonial that needs no input from him..like Kenya Scouts n Girl Guides Association. Sad No offence to the thousands of dedicated scouts n guides lakini.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
murchr
#6 Posted : Friday, June 14, 2013 9:45:51 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"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
.
mlennyma
#7 Posted : Friday, June 14, 2013 9:47:51 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The only security is the gvt share holding in this company.
"Don't let the fear of losing be greater than the excitement of winning."
dunkang
#8 Posted : Friday, June 14, 2013 9:49:00 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
RUN..............
Receive with simplicity everything that happens to you.” ― Rashi

mwanahisa
#9 Posted : Friday, June 14, 2013 9:53:44 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
How many more shares has the KQ Chairman and/or the board bought during the period to confirm their "new found optimism" in the fortunes of the company. Methinks this is pure hogwash!

murchr wrote:

Kausha
#10 Posted : Friday, June 14, 2013 9:56:59 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
Somebody earlier this week talked of a recovery as predicted by the Finance Director! Me thinks @ Chairman is being overly optimistic, well nobody will remember what he said in June come November during the half year briefing, he will still take of European downturn while we know most of KQ passengers are africans. So is a capital call somewhere is sight because - 8B must surely have wiped off a lot of the equity KQ had raised to support debt for Dreamliners!
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