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Kenya Airways...why ignore..
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mulla
#1611 Posted : Monday, April 06, 2015 8:23:57 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
Anyone know when is KQ supposed to be announcing there FY results? I want to bail out of this ship before then....
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obiero
#1612 Posted : Monday, April 06, 2015 8:26:42 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
mulla wrote:
Anyone know when is KQ supposed to be announcing there FY results? I want to bail out of this ship before then....

On Thursday, 25.06.2015 at 9am
COOP, IMH, KEGN, KQ, MTNU
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MaichBlack
#1613 Posted : Monday, April 06, 2015 8:34:26 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
obiero wrote:
MaichBlack wrote:
obiero wrote:
kuna mtu anataka kuniharibia jina.. i never sold KCB to buy all of my KQ.. already had a significant chunk prior.. and I have not given up on my portfolio.. my average buy price for KQ is a mere KES 9.40..

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


Link: Post# 1392

Sold 19,600 KCB shares, bought only 25,000 KQ.. Still have the cash in bank. May the case rest jamaneni

Pole my brother @Obiero. I was just making a comment. It is not my joy when my fellow wazuans lose money.

I am sad when KQ keeps shafting you. The same way I am sad when @guru267's money keeps going down the drain in Home Africa. The same way I was sad when @vvs lost money in Olympia. The same way I am sad when any of us lose money in any counter. We are here to learn and make tonnes of Money. Losing money was NEVER part of the plan!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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obiero
#1614 Posted : Monday, April 06, 2015 9:56:59 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
MaichBlack wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
kuna mtu anataka kuniharibia jina.. i never sold KCB to buy all of my KQ.. already had a significant chunk prior.. and I have not given up on my portfolio.. my average buy price for KQ is a mere KES 9.40..

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


Link: Post# 1392

Sold 19,600 KCB shares, bought only 25,000 KQ.. Still have the cash in bank. May the case rest jamaneni

Pole my brother @Obiero. I was just making a comment. It is not my joy when my fellow wazuans lose money.

I am sad when KQ keeps shafting you. The same way I am sad when @guru267's money keeps going down the drain in Home Africa. The same way I was sad when @vvs lost money in Olympia. The same way I am sad when any of us lose money in any counter. We are here to learn and make tonnes of Money. Losing money was NEVER part of the plan!!!

Amen bro/sis
COOP, IMH, KEGN, KQ, MTNU
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VituVingiSana
#1615 Posted : Tuesday, April 07, 2015 12:00:18 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,376
Location: Nairobi
Ahhhh! d'oh! d'oh! d'oh!

@MaichBlack stop digging up those awful memories I had repressed when one conman by the name of MM put an unlubricated broomstick up my *where the sun never shines*... The jamaa did not even have the courtesy of using a prophylactic. Or lube.

BTW, KQ wasn't far behind but I lucked out when I sold off at 13-14.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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MaichBlack
#1616 Posted : Tuesday, April 07, 2015 12:03:42 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
VituVingiSana wrote:
Ahhhh! d'oh! d'oh! d'oh!

@MaichBlack stop digging up those awful memories I had repressed when one conman by the name of MM put an unlubricated broomstick up my *where the sun never shines*... The jamaa did not even have the courtesy of using a prophylactic. Or lube.

BTW, KQ wasn't far behind but I lucked out when I sold off at 13-14.

Pole my brother.

Pole for bringing back awful memories!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Gatheuzi
#1617 Posted : Tuesday, April 07, 2015 6:48:17 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
Thanks @Maich.. It is a living thread indeed. History is good, especially when one uses it to avoid repeating mistakes of the past.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Impunity
#1618 Posted : Tuesday, April 07, 2015 9:54:56 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
MaichBlack wrote:
obiero wrote:
was at the bar yesterday and my long time friends made me understand in detail that KQ is in much troubled waters than anyone really knows. even the ceo doesnt know how bad the situation is..

Monday 6th April 2015.

This will go down in history. The day @Obiero finally gave up on KQ. The biggest proponent of KQ around! The biggest proponent of any share/company around!! The guy who sold KCB and put money in KQ!!!


VERY SAD DAY INDEED!
Sad Sad Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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subaru
#1619 Posted : Tuesday, April 07, 2015 10:08:06 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
MaichBlack wrote:
VituVingiSana wrote:
Ahhhh! d'oh! d'oh! d'oh!

@MaichBlack stop digging up those awful memories I had repressed when one conman by the name of MM put an unlubricated broomstick up my *where the sun never shines*... The jamaa did not even have the courtesy of using a prophylactic. Or lube.

BTW, KQ wasn't far behind but I lucked out when I sold off at 13-14.

Pole my brother.

Pole for bringing back awful memories!


as a qouter said hii ni moto ya kuotea mbali
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VituVingiSana
#1620 Posted : Tuesday, April 07, 2015 10:58:20 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,376
Location: Nairobi
So @obiero ... you say Loss Before Tax of 6.5bn for FY 2014-15 but if the 1H had a 12.5bn Loss Before Tax, where did KQ get/make 6bn from in 2H?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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