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Kenya Airways FY 2012/13 after tax loss of 7.8bn
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Aguytrying
#141 Posted : Thursday, July 18, 2013 12:36:19 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mwekez@ji wrote:
youcan'tstopusnow wrote:
mwekez@ji wrote:
Talk of going under continues

Is it really a doomsday scenario, as they would want us to believe?


... project mawingu could be crash landing!¿i


You cant grow when you very own survival is threatened. That project died long ago, i kepp asking, what have they done with the rights issue money so far? With all these losses and financial problems i can guess
The investor's chief problem - and even his worst enemy - is likely to be himself
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Wendz
#142 Posted : Thursday, July 18, 2013 3:15:10 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Then, if this company is doing this badly, is there something the financial institutions are seeing that we are not seeing because they are funding this organisation massively... they must have submitted some "convincing" reports or is there something we are missing or worse still, something the financial institutions are missing?
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Aguytrying
#143 Posted : Thursday, July 18, 2013 11:40:35 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Wendz wrote:
Then, if this company is doing this badly, is there something the financial institutions are seeing that we are not seeing because they are funding this organisation massively... they must have submitted some "convincing" reports or is there something we are missing or worse still, something the financial institutions are missing?


do u rem citi trust or was it ifc or both putting the post rights value at 18.00 and were underwriters or something. explain that. they may be looking to lure ppl in to get out or even some unimaginable scenario. does its make sense to u? yes . invest.
if not walk away
The investor's chief problem - and even his worst enemy - is likely to be himself
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Pesa Nane
#144 Posted : Thursday, July 18, 2013 11:42:00 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
mwekez@ji wrote:
VAT Bill as it is will ground us, says KQ

“We cannot afford and will not be able to continue as an airline if the VAT Bill as proposed is passed,” said KQ finance director, Mr Alex Mbugua.


mwekez@ji wrote:


Talk of going under continues >>> KQ lawyer Walter Amoko has said if the retrenched-employees reinstatement order is not suspended, the company would go under due to the higher wage bill.


Are we being prepped for a collapse?!
Pesa Nane plans to be shilingi when he grows up.
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guru267
#145 Posted : Friday, July 19, 2013 3:04:56 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Wendz wrote:
Then, if this company is doing this badly, is there something the financial institutions are seeing that we are not seeing because they are funding this organisation massively... they must have submitted some "convincing" reports or is there something we are missing or worse still, something the financial institutions are missing?


I'm sure all these institutions see that sweet government guarantee even if kq collapses!
Mark 12:29
Deuteronomy 4:16
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Afroblk
#146 Posted : Friday, July 19, 2013 6:28:02 AM
Rank: New-farer

Joined: 3/3/2010
Posts: 79
I just bought more KQ yesterday to average down..I must say 9.50 is a really good buy for me and for those die hard KQ investors. I'm looking forward to holding the counter until mid 2015 when the price will be trading in mid 30's-40. Don't ask me how I came up with those numbers. Good luck!
Knowledge is contagious...Infect truth!
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Lolest!
#147 Posted : Friday, July 19, 2013 8:04:46 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Afroblk wrote:
I just bought more KQ yesterday to average down..I must say 9.50 is a really good buy for me and for those die hard KQ investors. I'm looking forward to holding the counter until mid 2015 when the price will be trading in mid 30's-40. Don't ask me how I came up with those numbers. Good luck!

good luck to you too. I am tempted to average down too but 40 bob in 2015 seems too optimistic
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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VituVingiSana
#148 Posted : Friday, July 19, 2013 4:36:59 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
And some thought the guy who sued KQ to stop the Rights Issue was crazy. I was re-reading this post (link below) and in retrospect you can see the Rights Issue & Project Mawingu [as envisaged] was a disaster not seen by many.

http://coldtusker.blogsp...q-rights-issue-2012.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Aguytrying
#149 Posted : Saturday, July 20, 2013 7:21:45 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
[quote=VituVingiSana]And some thought the guy who sued KQ to stop the Rights Issue was crazy. I was re-reading this post (link below) and in retrospect you can see the Rights Issue & Project Mawingu [as envisaged] was a disaster not seen by many.

http://coldtusker.blogsp...-rights-issue-2012.html[/quote]

its like watching a train wreck from outside.
I for one never believed in mawingu and the rights and i still don't.
save for the right cash i think this company would be belly up by now.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Impunity
#150 Posted : Saturday, July 20, 2013 7:02:02 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Aguytrying wrote:
[quote=VituVingiSana]And some thought the guy who sued KQ to stop the Rights Issue was crazy. I was re-reading this post (link below) and in retrospect you can see the Rights Issue & Project Mawingu [as envisaged] was a disaster not seen by many.

http://coldtusker.blogsp...-rights-issue-2012.html[/quote]

its like watching a train wreck from outside.
I for one never believed in mawingu and the rights and i still don't.
save for the right cash i think this company would be belly up by now.


Like shown below.



Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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  | | Edit by user: Saturday, July 20, 2013 7:11 PM | Reason: Not specified
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