@hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :)

^^^^@obiero,

I would advice you not exit during the current bear, hold on coz I see the share touching 8-9 bob within a year or so, this will be due to imoproved result announcement in the coming year...they will be losses by improvements.
Plus the tourism sector is recovering,Lufthansa just started pouring in Germans, some will be shuttled across Africa by KQ,plus this was the lowest point for KQ, now the only left direction is upwards.
My many cents advice.

@impunity thanks for the wise counsel. However, the goose/mbuzi is cooked.. There is no turning back for me due a pressing financial matter. I remain acutely aware that the fundamentals of this firm have always been strong, but were faced with a weak management and terrible luck on the macroeconomic front in the past 24 months. I do not recommend a sell for anyone else as at now.. On H1 results release date I shall issue a buy/hold/sell recommendation for my beloved wazua republic

I am sad that @Obiero is divorcing KQ and sadder that he is taking a substantial loss.

Anyway all the best @Obiero and remember the lessons learnt:

1. First rule of an investor is not to lose money. Consider the downside and have a margin of safety. My insurance is an assured dividend even when stock is down.
2. Cut your losses. When speculating, know when to exit a losing position before it is too late.
3. Take control of your emotions. stocks will go up, stocks will go down. Emotions will tell you to buy when stocks are up and sell when down. DO the opposite.
4. Understand your investment. You are buying part of a company so take time to understand its business.
5. Last but not least airlines are not good investments. They make money for everyone else apart from the shareholders. Keep away.