Kenya Airways FY 2012/13 after tax loss of 7.8bn - Page 3 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Kenya Airways FY 2012/13 after tax loss of 7.8bn

Kenya Airways FY 2012/13 after tax loss of 7.8bn

Options

Previous Topic · Next Topic

mwekez@ji		#21 Posted : Friday, June 14, 2013 11:28:09 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		selah wrote: How is this company going to pay for the 22B current liabilities.This company is going to be sold or liquidated at this rate. Its actually 50B. ... They borrowed 30B (short term borrowing)to finance the aircrafts (long term assets). who does that
Back to top		\| \| Edit by user: Friday, June 14, 2013 12:14 PM \| Reason: Not specified
User Profile

dunkang		#22 Posted : Friday, June 14, 2013 11:47:46 AM
Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831		The huge loss is not the problem to me, i expected worse, the share price is what is unbelivable. I was expecting by this time it be competing with Mumias in the sub 6s. Receive with simplicity everything that happens to you.” ― Rashi
Back to top		\|
User Profile

mwanahisa		#23 Posted : Friday, June 14, 2013 11:54:19 AM
Rank: Elder Joined: 6/2/2008 Posts: 1,438		Would this not point to the possibility of another cash call further down the line. Failing that the company will have to try and get the loans to be rescheduled. Given the current less than stellar financial position of the company, I wonder how receptive banks/lenders are going to be about this. A cash call (read rights issue) is not exactly an option that will be taken kindly by the markets given the hit that the NAV of the company has suffered over the last 2 years. In my view, they should borrow a leaf from ARM/Centum and issue a convertible bond, given that long term investors may see some value from a recovery play. mwekez@ji wrote: selah wrote: How is this company going to pay for the 22B current liabilities.This company is going to be sold or liquidated at this rate. Its actually 50B. ... They borrowed 30B (short term borrowing)to finance the aircrafts (long term assets). who does that
Back to top		\|
User Profile

hisah		#24 Posted : Friday, June 14, 2013 11:59:42 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		dunkang wrote: The huge loss is not the problem to me, i expected worse, the share price is what is unbelivable. I was expecting by this time it be competing with Mumias in the sub 6s. Give it time. Remember KK after the shock news. Same script. A test of supply will come to shakeout the stubborn wanjikus. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

Impunity		#25 Posted : Friday, June 14, 2013 12:38:22 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		mwekez@ji wrote: McReggae wrote: Impunity wrote: This thing will be blue again by September this year, hear me. ... dispense Naikuni and his mawingu illusion This thing is moving up, only if you guys knew!! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
Back to top		\|
User Profile

MaichBlack		#26 Posted : Friday, June 14, 2013 12:52:40 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,869		Impunity wrote: mwekez@ji wrote: McReggae wrote: Impunity wrote: This thing will be blue again by September this year, hear me. ... dispense Naikuni and his mawingu illusion This thing is moving up, only if you guys knew!! Of course there is on need to state the reason/reasoning. @Impunity said it is so. It must be so! Where are the manners of Wazuans??? How can they ignore such an important "fundamental"? 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		\|
User Profile

mwekez@ji		#27 Posted : Friday, June 14, 2013 1:30:15 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		MaichBlack wrote: Impunity wrote: mwekez@ji wrote: McReggae wrote: Impunity wrote: This thing will be blue again by September this year, hear me. ... dispense Naikuni and his mawingu illusion This thing is moving up, only if you guys knew!! Of course there is on need to state the reason/reasoning. @Impunity said it is so. It must be so! Where are the manners of Wazuans??? How can they ignore such an important "fundamental"? @impunity, only if we knew what¿ ¿
Back to top		\|
User Profile

mwekez@ji		#28 Posted : Friday, June 14, 2013 1:33:55 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		@mwanahisa, You present a logical case. .... Then their debt/equity ratio will become nasty and the finance cost will bite hard and before long, doom... mwanahisa wrote: Would this not point to the possibility of another cash call further down the line. Failing that the company will have to try and get the loans to be rescheduled. Given the current less than stellar financial position of the company, I wonder how receptive banks/lenders are going to be about this. A cash call (read rights issue) is not exactly an option that will be taken kindly by the markets given the hit that the NAV of the company has suffered over the last 2 years. In my view, they should borrow a leaf from ARM/Centum and issue a convertible bond, given that long term investors may see some value from a recovery play. mwekez@ji wrote: selah wrote: How is this company going to pay for the 22B current liabilities.This company is going to be sold or liquidated at this rate. Its actually 50B. ... They borrowed 30B (short term borrowing)to finance the aircrafts (long term assets). who does that
Back to top		\|
User Profile

mwekez@ji		#29 Posted : Friday, June 14, 2013 1:43:11 PM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		ulcers centre …. @obiero must be at the ICU
Back to top		\|
User Profile

InnovateGuy		#30 Posted : Friday, June 14, 2013 1:48:05 PM
Rank: Veteran Joined: 11/15/2012 Posts: 1,110		Clearly,something is so wrong with the strategy KQ is adopting. Was thinking of sinking a few coins in this direction, but will have to wait. ION, KQ is a good buy for those thinking past 2016. At Kshs. 10, the share price is a good bargain! Live Full Die Empty - Les Brown.
Back to top		\|
User Profile

24 Pages<12345>»

Wazua » Investor » Stocks » Kenya Airways FY 2012/13 after tax loss of 7.8bn

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.

Watch this topic
Print this topic

Normal
Threaded