ecstacy wrote:Akenyan2014 wrote:@Vitu... you have so much hatred for the national carrier. Have you seen in their fb that kq was "recognized as one of the top ten most improved airlines in the World and among Africa’s top 5 airlines by Skytraxx"
Back to HAFR, whether a pump and dump or hold, its day will come, and you know it.
@VVS at times it's also good to know the sentiments of the die hards. The calculations on paper loss or averaging down and when must be going on daily..
No hard feelings. I do miss the back and forth of @guru and @obiero. Talk of bad investments... I listed them out somewhere. My bete noir is Olympia run by one useless and crooked Michael M Matu.
And whereas the folks at HAFR may not be like MMM, I have no knowledge to indicate otherwise.
As for KQ, as many have argued, the management has no stake in the business. And it shows. Compare to:
Pradeep Paunrana of ARM
James Mwangi of Equity
Benson Wairegi of Britam
Bharat Thakrar of ScanGroup
Nelson Kuria of CIC
Gideon Muriuki of Coop
Chris Kirubi of Centum
Martin Oduor-Otieno of KCB (former)
Bob Collymore of Safaricom
Frank Ireri of HFCK
MMM has shares in Olympia but decided it was more profitable to steal from the other shareholders. Add to that he is an incompetent manager!
I do not know Lee Karuri and his colleagues in HAFR. Hopefully, they will come through for the other shareholders of HAFR. Please remember that it is NOT the fault of HAFR's directors that shareholders went in to buy HAFR shares at crazy high prices without doing their research. What I will fault the directors is not being up-front with the accounting conventions used to declare huge profits before they were earned.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett