Aguytrying wrote:KQ needs a manager like Ohana to clean up the books, radical cost cutting, cleaning the dead wood and retiring debts aggressively.
KQ and kk made the major losses in the same year, kk was quick to react KQ is yet to.
The major shareholder in KK has direct appointees on the board. The major shareholders in KQ have 'political' appointees. All this boils down to ownership.
KK didn't go for an ill-advised expansion plan nor a Rights Issue to hide its underlying problems.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett