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