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Kenya Airways FY 2012/13 after tax loss of 7.8bn
the deal
#121 Posted : Wednesday, July 10, 2013 8:17:25 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
If GoK gets more shares in KQ...the thing will collapse within the next 5-10yrs.
Impunity
#122 Posted : Wednesday, July 10, 2013 8:36:43 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
mlennyma wrote:
Its an assurance that kq cant collapse.


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

guru267
#123 Posted : Wednesday, July 10, 2013 9:23:22 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Impunity wrote:
mlennyma wrote:
Its an assurance that kq cant collapse.


smile smile smile


But its not an assurance that they won't go bankrupt/insolvent!! Sad
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#124 Posted : Wednesday, July 10, 2013 9:34:15 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
guru267 wrote:
Impunity wrote:
mlennyma wrote:
Its an assurance that kq cant collapse.


smile smile smile


But its not an assurance that they won't go bankrupt/insolvent!! Sad
KQ might not collapse as an airline but as @guru points out, the 'other' shareholders can get wiped out. And those close to ruto are salivating. Appointments pap!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#125 Posted : Wednesday, July 10, 2013 7:00:01 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
VituVingiSana wrote:
guru267 wrote:
Impunity wrote:
mlennyma wrote:
Its an assurance that kq cant collapse.


smile smile smile


But its not an assurance that they won't go bankrupt/insolvent!! Sad
KQ might not collapse as an airline but as @guru points out, the 'other' shareholders can get wiped out. And those close to ruto are salivating. Appointments pap!


i read this article in the morning and i couldn't believe the BS i was reading. since when has gov done a good job of running anything? even if they hype this share and company, you don't need to be a genius to know what'll happen somewhere down the line. capital destruction of shareholders.
id be worry of anything gava wants to get their hands on, they'll eventually leave u high and dry, no care for shareholders WHATSOEVER.
The investor's chief problem - and even his worst enemy - is likely to be himself
obiero
#126 Posted : Wednesday, July 10, 2013 8:08:31 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,251
Location: nairobi
I keep investing in KQ with a long term view hoping to one day have a story such as this.. www.businessdailyafrica....1/-/afc8m7z/-/index.html

mwekez@ji
#127 Posted : Wednesday, July 10, 2013 8:34:04 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
obiero wrote:
I keep investing in KQ with a long term view hoping to one day have a story such as this.. www.businessdailyafrica....1/-/afc8m7z/-/index.html


he he ... hope, ... he he , hope, thats no investment strategy @obiero
mwekez@ji
#128 Posted : Wednesday, July 10, 2013 9:41:41 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji wrote:
obiero wrote:
I keep investing in KQ with a long term view hoping to one day have a story such as this.. www.businessdailyafrica....1/-/afc8m7z/-/index.html


he he ... hope, ... he he , hope, thats no investment strategy @obiero


"I always knew I was going to be rich. I don't think I ever doubted it for a minute." -
Warren Buffett
mwekez@ji
#129 Posted : Wednesday, July 10, 2013 10:04:03 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
"Warren Buffet calls airline stocks a death trap for investors"

"...the airline business has been extraordinary. It has eaten up capital over the past century like almost no other business because people seem to keep coming back to it and putting fresh money in. You’ve got huge fixed costs, you’ve got strong labor unions and you’ve got commodity pricing. That is not a great recipe for success. I have an 800 (free call) number now that I call if I get the urge to buy an airline stock. I call at two in the morning and I say: ‘My name is Warren and I’m an aeroholic.’ And then they talk me down.”
obiero
#130 Posted : Wednesday, July 10, 2013 10:05:21 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,251
Location: nairobi
mwekez@ji wrote:
mwekez@ji wrote:
obiero wrote:
I keep investing in KQ with a long term view hoping to one day have a story such as this.. www.businessdailyafrica....1/-/afc8m7z/-/index.html


he he ... hope, ... he he , hope, thats no investment strategy @obiero


"I always knew I was going to be rich. I don't think I ever doubted it for a minute." -
Warren Buffett

haha. my hope is for a similar billionaire story.. as for KQ, i have laid out my reasons as to why I believe in the company which, i gather, is only goin through a rough patch but will come out top of the pack in next five years.. thank me later

24 Pages«<1112131415>»
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