Lome is the other...the rest are yet to be announced...

Let me tell you. The way KQ prices are playin on the graph form a very nice wave in technical analysis we call an elliot wave. With the fallin prices its at wave 2. Once start to power up my target is 60.00. Coz thisis when the trend will have the most momentum. And for those who arent yet in coop bank stock your time is running out. Get in now coz theres noway this share is going down there's nothing meriting that . Since it'll go up it'll break the 1 year high barrier and we know what that means. Up up up up up up.

@qw25041985 first of all why did you choose this name hard name???

secondly if this counter moves up then that will be a clear inefficiency that one should take an oppurtunity to sell...

first of all the market was expecting a 7 EPS with a dividend of 2-3 bob or a dividend of 1 bob with bonus shares and that didnt come to pass...
secondly doesn't KQ earn most of its money in Euros?? if thats the case then the weakening euro will smash next years earnings ans think about the increase in capital expenditure for the new planes...

Basically if KQ made these gains with the Euro at 1.58 to the dollar think how much they will shrink with the Euro now trading at 1.21 and heading lower...

that said what incentive is their to send this counter up???

OUCHHH 52 on the low 56 on the upside...theres nothing to support a move to 66...the chances of a quick evaporated on Friday...the earlier we accept the better...hedges and exchange rates are fickle...KQ cant depend on the them...

@GG - Did you buy to speculate or longer-term coz its going to be a bumpy ride!

1) KQ entered into Forex Hedges as well. They have gains as KES as plummeted vs US$. I hope the hedges were against US$!!!

2) Look at passenger numbers. 1H 2009 was really poor coz of GEC as well as August 2009 strike. The 2H passenger (& profit) numbers were much better.

3) Depending on what EPS you use... Using 4.40 (historic P/E of 12.5) is not not out of line with what Medium-Term Kenya Bonds are paying out.

4) NAV is around 43/- which is marginally up.

5) Finally some new planes in 2010. 2 Embraer 170 delivered in June 2010. Another 2 E-190s + 2 B737-300s on the way. This tells me that there will be renewed assault on regional (2-4 hour flight times) markets.