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Kenya Airways FY 2014 loss of 4.8bn!!!
Boris Boyka
#61 Posted : Friday, June 27, 2014 11:33:34 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Sufficiently Philanga....thropic wrote:
Trading at 9.50 ATM

BLOOD in street......
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
maka
#62 Posted : Friday, June 27, 2014 12:55:48 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
VituVingiSana wrote:
@Kausha

1) Unless KQ plans to leverage on connections via Air France/CDG but I see few advantages over KLM/Schipol from where KLM flies all over the world [esp European destinations + North America]. I do not understand why CDG over Germany or Italy for the tourists. Though do not discount the lucrative Francophone market [including Burundi, Congo, Mauritius] as well as Lusophone [Mozambique, Angola] without strong airlines & connections.

2) Beijing [government + tourist traffic] is on the cards but Guangzhou will get first crack with the larger planes eg 777-300 thanks to the business/cargo traffic onwards to West Africa.

3) The 767s are being systematically withdrawn and replaced by the 787s. Primarily to European destinations. JHB will also see 787s as soon as the 787 #2 is ready.

All that said... Intra-African travel is mostly about price NOT comfort so the 3-3-3 config is not as profitable as a 3-4-3 config. If someone wants more room, they can buy a Premium Economy seat!

I am staying away until I can review the progress, if any, in 2015.


On CNN,s business traveller,Richard Quest said research has shown that the average profit per passenger in the airline industry is $4,with such thin margins being a "frugal" company for lack of a better word would be good for them,cost cutting measures should come into place...
possunt quia posse videntur
Boris Boyka
#63 Posted : Saturday, June 28, 2014 11:27:45 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Posted: Sunday, February 16, 2014 9:01:38
PM
stockshunter wrote:
Boris Boyka wrote:
obiero wrote:
kenya airways, time to sell?
@obiero are you adding it to your list as
Nyaikuni is burning ppls fingers?
proverbs 24:7 a wise man changes his mind, a
fool does not. I like another version of the
same; Only a fool doesn't change his mind.
@stockshunter I need obiero to support his
statement based on short and long terms,is it
for a lower re entry? + those who got it at
"higher" prices...
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
obiero
#64 Posted : Saturday, June 28, 2014 8:31:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,554
Location: nairobi
Boris Boyka wrote:
Posted: Sunday, February 16, 2014 9:01:38
PM
stockshunter wrote:
Boris Boyka wrote:
obiero wrote:
kenya airways, time to sell?
@obiero are you adding it to your list as
Nyaikuni is burning ppls fingers?
proverbs 24:7 a wise man changes his mind, a
fool does not. I like another version of the
same; Only a fool doesn't change his mind.
@stockshunter I need obiero to support his
statement based on short and long terms,is it
for a lower re entry? + those who got it at
"higher" prices...

Only thing I know is that I shall make alot of money on KQ.. Indeed the full year numbers were below my expectation but the strategy in play by the airline is one that I bank on.. All said and done I also hold personally significant stock in KCB and BoK hence a slight dip on KQ does not mean I need to shift from Runda

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Boris Boyka
#65 Posted : Saturday, June 28, 2014 9:18:14 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
obiero wrote:
Boris Boyka wrote:
Posted: Sunday, February 16, 2014 9:01:38
PM
stockshunter wrote:
Boris Boyka wrote:
obiero wrote:
kenya airways, time to sell?
@obiero are you adding it to your list as
Nyaikuni is burning ppls fingers?
proverbs 24:7 a wise man changes his mind, a
fool does not. I like another version of the
same; Only a fool doesn't change his mind.
@stockshunter I need obiero to support his
statement based on short and long terms,is it
for a lower re entry? + those who got it at
"higher" prices...

Only thing I know is that I shall make alot of money on KQ.. Indeed the full year numbers were below my expectation but the strategy in play by the airline is one that I bank on.. All said and done I also hold personally significant stock in KCB and BoK hence a slight dip on KQ does not mean I need to shift from Runda

@obiero Haha I dug that to refer you as a "prophet' of course am in and hopeful that I'll. be made rich with this bird. Im in memba cic kplc
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Afroblk
#66 Posted : Sunday, June 29, 2014 3:48:39 AM
Rank: New-farer


Joined: 3/3/2010
Posts: 79
obiero wrote:
Boris Boyka wrote:
Posted: Sunday, February 16, 2014 9:01:38
PM
stockshunter wrote:
Boris Boyka wrote:
obiero wrote:
kenya airways, time to sell?
@obiero are you adding it to your list as
Nyaikuni is burning ppls fingers?
proverbs 24:7 a wise man changes his mind, a
fool does not. I like another version of the
same; Only a fool doesn't change his mind.
@stockshunter I need obiero to support his
statement based on short and long terms,is it
for a lower re entry? + those who got it at
"higher" prices...

Only thing I know is that I shall make alot of money on KQ.. Indeed the full year numbers were below my expectation but the strategy in play by the airline is one that I bank on.. All said and done I also hold personally significant stock in KCB and BoK hence a slight dip on KQ does not mean I need to shift from Runda


Well said Obiero, those screaming and making noise are just short sighted or can't take risks. As an investor, you should have the gut to take risks if you have the desire to succeed. I hold a substantial number of KQ shares, and a dip in price at this time doesn't make me flinch. Once JKIA international terminal is done to meet international standards, KQ is on the front line bid for direct US flight. This will be a home run for KQ investors. Buy now for less or buy later for more. What will you do?
Knowledge is contagious...Infect truth!
guru267
#67 Posted : Sunday, June 29, 2014 2:52:41 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I feel sorry for guys in this one!

It perplexes me how they think this story will end any different to all the other Airline stories!

Or does KQ suddenly get oil subsidies??

Anyway maybe in 2015 they will make 10Billion hedging profits because of Iraq!

As for operations we are dealing with a sewer and when finance costs start flowing in bankruptcy and gova bail outs will be the new narrative!
Mark 12:29
Deuteronomy 4:16
guru267
#68 Posted : Sunday, June 29, 2014 2:55:27 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??
Mark 12:29
Deuteronomy 4:16
murchr
#69 Posted : Sunday, June 29, 2014 5:42:44 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly
"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
.
dunkang
#70 Posted : Sunday, June 29, 2014 5:49:05 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
murchr wrote:
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly

Its @guru267s chance to revenge on @Obiero!!!!
Receive with simplicity everything that happens to you.” ― Rashi

whiteowl
#71 Posted : Sunday, June 29, 2014 8:48:28 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
murchr wrote:
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly
obiero
#72 Posted : Sunday, June 29, 2014 9:41:39 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,554
Location: nairobi
dunkang wrote:
murchr wrote:
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly

Its @guru267s chance to revenge on @Obiero!!!!

haha. revenge on who?? everyone here knows I have buying KQ since 2012.. most lots between KES 9.50 and KES 11.00..

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
guru267
#73 Posted : Sunday, June 29, 2014 10:31:02 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
obiero wrote:
dunkang wrote:
murchr wrote:
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly

Its @guru267s chance to revenge on @Obiero!!!!

haha. revenge on who?? everyone here knows I have buying KQ since 2012.. most lots between KES 9.50 and KES 11.00..


Hope you have arsenal to average down!

Guys will soon be buying at 5 bob Home Afrika style..

At least I was able to average to 6 bob!
Mark 12:29
Deuteronomy 4:16
whiteowl
#74 Posted : Monday, June 30, 2014 2:00:36 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
guru267 wrote:
obiero wrote:
dunkang wrote:
murchr wrote:
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly

Its @guru267s chance to revenge on @Obiero!!!!

haha. revenge on who?? everyone here knows I have buying KQ since 2012.. most lots between KES 9.50 and KES 11.00..


Hope you have arsenal to average down!

Guys will soon be buying at 5 bob Home Afrika style..

At least I was able to average to 6 bob!


25 to 4.7 and you get an average of 6? a case study should be made out of this to guide Wazuans on future averaging down.
Kausha
#75 Posted : Monday, June 30, 2014 6:24:16 AM
Rank: Member


Joined: 2/8/2007
Posts: 808
In all this just remember kq has a huge rights issue coming up. Ever wondered why change of guard came early? They have finished all the equity they raised and dipped into previous equity. Its daft to average down. The rights issue will average things down for you naturally.
VituVingiSana
#76 Posted : Monday, June 30, 2014 6:54:21 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,122
Location: Nairobi
Kausha wrote:
In all this just remember kq has a huge rights issue coming up. Ever wondered why change of guard came early? They have finished all the equity they raised and dipped into previous equity. Its daft to average down. The rights issue will average things down for you naturally.
I could not be bothered after I exited. I still follow it for fun. KQ raised 14bn. Lost 14bn. And like you said, they are back to Square One.
Unless KQ can ramp up sales/revenue by 20+% annually, those loans for the new planes are going to hurt them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
jawgey
#77 Posted : Monday, June 30, 2014 8:44:31 AM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
Kausha wrote:
In all this just remember kq has a huge rights issue coming up. Ever wondered why change of guard came early? They have finished all the equity they raised and dipped into previous equity. Its daft to average down. The rights issue will average things down for you naturally.


Laughing out loudly Laughing out loudly man that's a very bitter pill to swallow.. All in all we got better days coming doesn't matter how many years.
Seeing is believing
jawgey
#78 Posted : Monday, June 30, 2014 8:49:00 AM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
whiteowl wrote:
guru267 wrote:
obiero wrote:
dunkang wrote:
murchr wrote:
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly

Its @guru267s chance to revenge on @Obiero!!!!

haha. revenge on who?? everyone here knows I have buying KQ since 2012.. most lots between KES 9.50 and KES 11.00..


Hope you have arsenal to average down!

Guys will soon be buying at 5 bob Home Afrika style..

At least I was able to average to 6 bob!


25 to 4.7 and you get an average of 6? a case study should be made out of this to guide Wazuans on future averaging down.


Probably he loaded more (*7) sub shs. 5.. Its possible if he had less at shs. 25
Seeing is believing
aemathenge
#79 Posted : Monday, June 30, 2014 9:48:23 AM
Rank: Elder


Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
http://www.businessdaily.../-/i2lwsgz/-/index.html

Quote:
Citigroup Global Markets, the investment banking arm of international financial giant Citigroup, said the share price had an upward potential of 41 per cent which would be driven largely by cost cutting.

“Management expects financial year 2015 to be a better year due to the cost savings and product enhancement of six B787s and two B777-300ERs being delivered,” said Citigroup Global Markets in a report dated June 25.

The analysts put the share price, at Sh15.50, with sentiment informing the direction of swings. The share closed last week at Sh11. The valuation is based on a price to earnings ratio of 10, the historical one-year forward average for European flag carrier airlines which are comparable to Kenya Airways.
guru267
#80 Posted : Monday, June 30, 2014 10:11:29 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
whiteowl wrote:
guru267 wrote:
obiero wrote:
dunkang wrote:
murchr wrote:
guru267 wrote:
Afroblk wrote:
Buy now for less or buy later for more. What will you do?


What about the option of buying later for close to zero??


Look who's talking Laughing out loudly

Its @guru267s chance to revenge on @Obiero!!!!

haha. revenge on who?? everyone here knows I have buying KQ since 2012.. most lots between KES 9.50 and KES 11.00..


Hope you have arsenal to average down!

Guys will soon be buying at 5 bob Home Afrika style..

At least I was able to average to 6 bob!


25 to 4.7 and you get an average of 6? a case study should be made out of this to guide Wazuans on future averaging down.


I did not buy at 25 bob!

Bought very few at 16bob..

Most buying started at 12bob and below!
Mark 12:29
Deuteronomy 4:16
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