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KQ FY 2016 operating loss down to 4bn; net loss record (26.2bn)
Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion Revenues grew by 5% to sh. 116 billion There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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The dreamer is taking off. Watch this space
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Is this material announcement? Are we expecting rocket rally? Is it doctoring books to excite the market before rights issue hammer? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Spikes wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Is this material announcement? Are we expecting rocket rally? Is it doctoring books to excite the market before rights issue hammer? Albert Griffiths, lead singer of the Gladiators once sang something like "...gather the, gather the, gather the sheep....and then slaughter them..." Something like that. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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Impunity wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Let's meet at lang'ata cemetery today and burry this carcass. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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littledove wrote:Impunity wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B yes,now you have reported well,the above reporting was a public relations exercise "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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littledove wrote:Impunity wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B  *Please fill up at KK. KQ to pay cash. We can't afford supporting deadbeats.* Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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mlennyma wrote:littledove wrote:Impunity wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B yes,now you have reported well,the above reporting was a public relations exercise  i was picking the results from twitter as they come, they first sugar coated before releasing the bomb There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:Let's meet at lang'ata cemetery today and burry this carcass. @obiero accept haircut! Bury the hatchet go and buy land from the proceeds of the salvage. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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VituVingiSana wrote:littledove wrote:Impunity wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B *Please fill up at KK. KQ to pay cash. We can't afford supporting deadbeats.* despite selling assets, what will they sell now?with all the stiff competition the government should stop wasting our taxes here and start a new airline,even servicing the loans amid competition and rising fuel prices is a dream "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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littledove wrote:mlennyma wrote:littledove wrote:Impunity wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B yes,now you have reported well,the above reporting was a public relations exercise i was picking the results from twitter as they come, they first sugar coated before releasing the bomb TALK ABOUT BREAKING YOUR OWN OLYMPIC RECORD!!!!!!!!!!!!! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Impunity wrote:littledove wrote:mlennyma wrote:littledove wrote:Impunity wrote:littledove wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
Passenger numbers went up by 5% good for kq amid fierce competition Cooked. Believe me you. Now what is the Net loss? Hii story ya operating loss wachana naye. loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B yes,now you have reported well,the above reporting was a public relations exercise i was picking the results from twitter as they come, they first sugar coated before releasing the bomb TALK ABOUT BREAKING YOUR OWN OLYMPIC RECORD!!!!!!!!!!!!! sad day for obiero,lets see whether the market will be kind enough to ignore hoping for a suitor "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Guy's are bidding at 75cts,its a carsass anyway. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Is this 26B Net loss or Gross loss? I feel the press is misquoting ndugu @obiero. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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mlennyma wrote:Guy's are bidding at 75cts,its a carsass anyway. I insisted here that the fundamentals are still very poor. There is nothing that Ngunze has done so far with this airline and he should be sacked immediately. The turnaround consultant will only help to cut costs here and there but will not shape the strategic direction for the airline.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Impunity wrote:Is this 26B Net loss or Gross loss?
I feel the press is misquoting ndugu @obiero. He was forecasting at a reduced loss of 11 billion? What a shock?? KQ is a dead meat. Total overhaul of the management required. There is no way KQ will repay the current debt.
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KQ FY 2016 operating loss down to 4bn; net loss record (26.2bn)
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