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Kenya Airways...why ignore..
Cde Monomotapa
#2511 Posted : Thursday, October 29, 2015 6:40:50 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Spikes wrote:
Kuwa mpole! ....there is gigantic tsunami coming that will inevitably sweep the prices downstream. Wait for announcement of a wider loss than the same period last year...2 bob is a buy and hold. Sit tight!


@Spikes I've noted your enthusiasm and looks like you have fire in your stomach to play. Sustain it. Overtime build an approach.

I'll share mine. I develop investment cases. Each play has its own. For KQ, it is balance sheet repair 1st. Tailwinds on the operational front are picking up. i.e new & lean fleet, hub, advisories off, MICE & the city hotels capacity to complement e.t.c. Sitting out for the 18 months is foolhardy as it will be when others are harvesting.

I've also learned that only thing I can control is what I think of a company. KQ has a lot of dynamics to work with. @spikes you could be lucky to pole vault or develop by flying a Fokker 1st or as we call them here; local & or X-border buses. All the best.

@vvs thanks for posting the Bankelele blogpost. Fair and true capture of the AGM. Understandable it was a shouting match. Ngunze handled the tirades with commendable composure. I had to wait till it was over to field my questions to the FD!
obiero
#2512 Posted : Thursday, October 29, 2015 7:09:58 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,304
Location: nairobi
Cde Monomotapa wrote:
Spikes wrote:
Kuwa mpole! ....there is gigantic tsunami coming that will inevitably sweep the prices downstream. Wait for announcement of a wider loss than the same period last year...2 bob is a buy and hold. Sit tight!


@Spikes I've noted your enthusiasm and looks like you have fire in your stomach to play. Sustain it. Overtime build an approach.

I'll share mine. I develop investment cases. Each play has its own. For KQ, it is balance sheet repair 1st. Tailwinds on the operational front are picking up. i.e new & lean fleet, hub, advisories off, MICE & the city hotels capacity to complement e.t.c. Sitting out for the 18 months is foolhardy as it will be when others are harvesting.

I've also learned that only thing I can control is what I think of a company. KQ has a lot of dynamics to work with. @spikes you could be lucky to pole vault or develop by flying a Fokker 1st or as we call them here; local & or X-border buses. All the best.

@vvs thanks for posting the Bankelele blogpost. Fair and true capture of the AGM. Understandable it was a shouting match. Ngunze handled the tirades with commendable composure. I had to wait till it was over to field my questions to the FD!

@comrade why dint you call me if u were at the AGM. 25yrs of friendship.. Surely. SMH
COOP, IMH, KEGN, KQ, MTNU
VituVingiSana
#2513 Posted : Thursday, October 29, 2015 9:41:24 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
@cde: What did you ask & what answers did the FD give you?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#2514 Posted : Thursday, October 29, 2015 8:08:56 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,304
Location: nairobi
VituVingiSana wrote:
@cde: What did you ask & what answers did the FD give you?

Atleast @cde is around.. As for @stocksmaster I have just seen his twitter, silent since jul.. sad
COOP, IMH, KEGN, KQ, MTNU
Spikes
#2515 Posted : Thursday, October 29, 2015 8:23:38 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
@obiero have they announced results?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#2516 Posted : Friday, October 30, 2015 5:56:50 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,304
Location: nairobi
Spikes wrote:
@obiero have they announced results?

@spikes.. 12 days to go.. meanwhile, what wouldnt I give to have such a story on KQ http://www.dw.com/en/qan...r-huge-losses/a-18659171
COOP, IMH, KEGN, KQ, MTNU
obiero
#2517 Posted : Sunday, November 01, 2015 6:58:40 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,304
Location: nairobi
obiero wrote:
[quote=Spikes]@obiero have they announced results?

@spikes.. 12 days to go.. meanwhile, what wouldnt I give to have such a story on KQ http://www.dw.com/en/qan...-huge-losses/a-18659171[/quote]
Was at the exchange bar and amazingly my clique was bullish on KQ, saying that a rally may just be on the wings occassioned by the assumption that a significant improvement on the previous H1 KES 12.49 loss before tax shall pump up investor confidence in the turnaround. I await..
COOP, IMH, KEGN, KQ, MTNU
maka
#2518 Posted : Sunday, November 01, 2015 7:07:18 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
obiero wrote:
[quote=Spikes]@obiero have they announced results?

@spikes.. 12 days to go.. meanwhile, what wouldnt I give to have such a story on KQ http://www.dw.com/en/qan...-huge-losses/a-18659171[/quote]
Was at the exchange bar and amazingly my clique was bullish on KQ, saying that a rally may just be on the wings occassioned by the assumption that a significant improvement on the previous H1 KES 12.49 loss before tax shall pump up investor confidence in the turnaround. I await..


@Obiero thought buying the dreamliners was put on hold?2 more arriving today....
possunt quia posse videntur
obiero
#2519 Posted : Sunday, November 01, 2015 9:47:46 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,304
Location: nairobi
maka wrote:
obiero wrote:
obiero wrote:
[quote=Spikes]@obiero have they announced results?

@spikes.. 12 days to go.. meanwhile, what wouldnt I give to have such a story on KQ http://www.dw.com/en/qan...-huge-losses/a-18659171[/quote]
Was at the exchange bar and amazingly my clique was bullish on KQ, saying that a rally may just be on the wings occassioned by the assumption that a significant improvement on the previous H1 KES 12.49 loss before tax shall pump up investor confidence in the turnaround. I await..


@Obiero thought buying the dreamliners was put on hold?2 more arriving today....

@maka the 787s reg. 5Y-KZH and 5Y-KZJ were ready by Jun but had been held pending payment which came through with the afriexim USD 200M that has been drawn in full.. Those should be the last deliveries
COOP, IMH, KEGN, KQ, MTNU
VituVingiSana
#2520 Posted : Sunday, November 01, 2015 7:03:34 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,369
Location: Nairobi
@Obiero -
Qantas said its cost-cutting program [Has KQ gone through a serious cost-cutting program? I was told corruption is king at KQ. Unconfirmed but apparently it starts from the CFO] had helped save Aus$894 million over the year and allowed it to reduce its debt [Has debt reduced at KQ or increased? New 787s, Afreximbank loans, GoK loans, pensions, etc]. Lower fuel prices [hedges will wipe out 30-50% of the benefits] also helped the bottom line with every segment making healthy profits.
No dividend was declared but the airline announced a one-off 23 cents per share capital return to shareholders, amounting to Aus$505 million.
The return to profit appeared to vindicate Joyce's strategy to cut Aus$2.0 billion in costs, cut routes, freeze growth at Asian offshoot Jetstar, and get rid of 5,000 jobs [Can KQ cut jobs? Has it cut jobs? It has cut routes but it was forced to cut many that were profitable] to help counter a price war with domestic rival Virgin Australia.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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