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Kenya Airways...why ignore..
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edwinmukiri
#1391 Posted : Wednesday, March 18, 2015 3:56:29 PM
Rank: New-farer

Joined: 8/11/2014
Posts: 72
Location: Nairobi
Thank God i never jumped in when guys were telling us to buy this share....
Bulls make money,bears make money and pigs get slaughtered.
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obiero
#1392 Posted : Wednesday, March 18, 2015 6:35:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time
COOP, IMH, KEGN, KQ, MTNU
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ike
#1393 Posted : Wednesday, March 18, 2015 7:17:41 PM
Rank: Member

Joined: 7/2/2014
Posts: 123
obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time

This stock reminds me that mumias was at one time trading at 10 bob and speculators expected it to rebound.
,
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mlennyma
#1394 Posted : Wednesday, March 18, 2015 7:26:47 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
ike wrote:
obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time

This stock reminds me that mumias was at one time trading at 10 bob and speculators expected it to rebound.

the only difference with mumias is that it has not reached a bailout stage.or may be they are there but trying to sort it quietly
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Wednesday, March 18, 2015 7:28 PM | Reason: Not specified
ike
#1395 Posted : Wednesday, March 18, 2015 7:55:42 PM
Rank: Member

Joined: 7/2/2014
Posts: 123
mlennyma wrote:
ike wrote:
obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time

This stock reminds me that mumias was at one time trading at 10 bob and speculators expected it to rebound.

the only difference with mumias is that it has not reached a bailout stage.or may be they are there but trying to sort it quietly

and the similarity could be that nobody exactly knew the extent of rot in mumias but after the 12B hy loss the signs are there. GoK should engage KPMG inter alia early enough. Though Gunze seems to be taking steps in the right direction.
,
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obiero
#1396 Posted : Wednesday, March 18, 2015 8:30:49 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
ike wrote:
mlennyma wrote:
ike wrote:
obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time

This stock reminds me that mumias was at one time trading at 10 bob and speculators expected it to rebound.

the only difference with mumias is that it has not reached a bailout stage.or may be they are there but trying to sort it quietly

and the similarity could be that nobody exactly knew the extent of rot in mumias but after the 12B hy loss the signs are there. GoK should engage KPMG inter alia early enough. Though Gunze seems to be taking steps in the right direction.

@ike.. That stockholding composition at KQ should make you know that embezzlement at the airline is not as easy in comparison to mumias where team mafisi is well represented
COOP, IMH, KEGN, KQ, MTNU
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maka
#1397 Posted : Wednesday, March 18, 2015 9:57:21 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time


Months did I read write?
possunt quia posse videntur
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maka
#1398 Posted : Wednesday, March 18, 2015 10:01:10 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Cde Monomotapa wrote:
Of note is that most of the planes being mentioned here, i.e 777 & 767 are those that were to be retired? They came in like in 2010/11. So what's the trick @maka? Fafanulia sisi tafasali.

Ummh if am not wrong they are atleast 7 years old...
possunt quia posse videntur
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Sober
#1399 Posted : Wednesday, March 18, 2015 10:27:35 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
maka wrote:
obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time


Months did I read write?


I am going in now, this is lower than the IPO price of KShs 11.25 per share where a total of 235 million shares were offered in April 1996. Hii market kweli sio ya mama ya mtu.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Sober
#1400 Posted : Wednesday, March 18, 2015 10:49:14 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Does Kenya Airways still own 49 per cent of Tanzania's Precision Air?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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