News just in to those who expect Amb Dennis Awori or Mbuvi Ngunze to exit without a just cause.. http://www.nation.co.ke/...19552-xebsmf/index.html

Signs of life are evident to me.. Gross profit up 42% +KES10.549B YoY and operating loss position up 76% +KES 12.240B YoY
. KQ despite turbulent times remains
a bold and treasured brand, voted as African Airline of The Year, Leading Business Class in Africa 2015, delivering 160 landing/takeoffs with uplift of over 10,000 passengers daily covering 54 global destinations. Operation Pride now at 25% of implementation, has achieved 113 improvement activities effected out of a total of 447 specific initiatives. Overall impact being 32% increase on recurrent annual income. The airline paid down KES 34.7B of its term debts in 2015-2016. Short term debt down to KES 14B from 26.4B in previous FY. The firm also managed to retain cash at hand; up 42% to KES 4.287B, implying resolution on immediate cash constraint issue.

10+ reasons to believe in operation pride atKQ:
1. End of hedging policy
2. Cut off on HOTAC and other operational expenses
3. Rightsizing of the workforce
4. Fuel efficient planes
5. Route optimization
6. Category 1 status at main hub
7. GoK guaranteed debt at reduced pay out
8. Sale of non critical assets
9. Global reduction in fuel costs
10. Revival in KE tourism
11. Budget carrier for booming middle-class
12. Cleaned-up board and management
13. Debt tenor restructure by main bankers
14. Financial revamp by transaction advisers

@spikes may call this an obsession on KQ, but I smell clean cash money of high value in the near horizon. High risk high return..

Bought back in at all time low of KES 3.70.. Total outlay KES 731,980. I am in this for the long haul and as said here once to many times, I go solo on this journey; join me at own analysis and risk appetite levels

Bought back in the most recent batch at all time low of KES 3.70.. Total outlay KES 731,980. I am in this for the long haul and as said here once to many times, I go solo on this journey; join me at own risk appetite level, with consideration of own analysis.. Total potentially earned investment income in 5 trading days considering fall from selling price of KES 4.50 to average buy of KES 3.95, equals KES 88,495 exclusive of applicable F&C 2.1%. In the business world, you have to spread money around at times so as to make money.. My average buy price is KES 4.05

She is like a sister to me and she has never been my source. As for me being a trader, the jury is out here on wazua.. You may be right though on my pattern, I cash in when the price seats right; 20% higher and I am off any given stock unless information guides me to hold. Meanwhile, Amb Awori has come out fully clothed, defending Mbuvi Ngunze.. KALPA are baying for blood. PJT partners have found an investor ready to plough in KES 60B in equity. Stock price holds constant. Interesting times

Ati 60 birrion? That's hot air. Awori was saying the Co. cannot even be valued due to the negative equity position during the results announcement. Both him and Ngunze are clueless and do not have the necessary aviation experience. KLM has rapped KQ - Which expansion at low cost has KQ undertaken through KLM. KLM tickets are for Europe and when matched with a KQ ticket, it is too expensive and no one will buy. This is the reason why KQ is loosing customers to the competition.Ngunze should leave.