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Kenya Airways FY 2014 loss of 4.8bn!!!
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Akenyan2014
#111 Posted : Monday, July 07, 2014 12:50:46 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Better to stick to the post topic rather that digress to some few individual's portfolios. After the 2013 results, some 'experts' equates its value to zero or less, others still see opportunity. Kindly use Facts,Evidence and figures to convince a position.
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Aguytrying
#112 Posted : Monday, July 07, 2014 4:13:34 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
what do you call a stock that makes a 10bn loss in 2yrs? 10marks
The investor's chief problem - and even his worst enemy - is likely to be himself
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Akenyan2014
#113 Posted : Monday, July 07, 2014 4:30:18 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Aguytrying wrote:
what do you call a stock that makes a 10bn loss in 2yrs? 10marks

@Aguy, Sorry thats a Wrong question
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obiero
#114 Posted : Monday, July 07, 2014 5:02:39 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
Akenyan2014 wrote:
Aguytrying wrote:
what do you call a stock that makes a 10bn loss in 2yrs? 10marks

@Aguy, Sorry thats a Wrong question

hehe.. people need to relax. if KQ doesnt stir your imagination, invest elsewhere.. ngoja muone vile pesa hutengenezwa
@boris nimeambiwa ni 26th september
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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VituVingiSana
#115 Posted : Friday, July 11, 2014 7:41:35 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,441
Location: Nairobi
AF-KLM issues a profit warning. KLM owns 23% of KQ.
http://www.bbc.com/news/business-28209761
What's KQ likely to do come Sep 2014?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#116 Posted : Friday, July 11, 2014 8:23:48 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,441
Location: Nairobi
KQ can't just win

http://www.nation.co.ke/...704/-/ki8bi/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#117 Posted : Friday, July 11, 2014 9:17:59 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
For kq to turn into profitability,the staff should be the first casualty which is not happening so i foresee more loss announcements.
"Don't let the fear of losing be greater than the excitement of winning."
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Akenyan2014
#118 Posted : Friday, July 11, 2014 10:30:42 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
mlennyma wrote:
For kq to turn into profitability,the staff should be the first casualty which is not happening so i foresee more loss announcements.

Can you quantify the staff costs. I am sure for such an industry it is not that significant. The 500 employees could be an expense less than 20% of the total staff cost. For an airline there is no shortcut to costs. If you want profit, there is only one means: Sell more, make more revenues and watch out on forex losses. Have us seen in job adverts on dailies that hiring has never stopped since the last restructuring?
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Pesa Nane
#119 Posted : Friday, July 11, 2014 1:50:10 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Hogwash or ???
Pesa Nane plans to be shilingi when he grows up.
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maka
#120 Posted : Friday, July 11, 2014 2:04:52 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Pesa Nane wrote:
Hogwash or ???

Money they don't have and can't afford to pay.
possunt quia posse videntur
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