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KQ oversold-a rally looms.
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the deal
#1 Posted : Tuesday, June 08, 2010 7:25:10 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
KQ has lost 9.45% since results day(04-06-2010)...its PE now stands at 11.8...those relative strength indicator(RSI) now stand at below 30 meaning its oversold..
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qw25041985
#2 Posted : Tuesday, June 08, 2010 10:29:37 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Thanx man. this kind of information lift me up.So i shdnt worry of it breakin the 50.00 resistance level.So let the rally begin.But RSI of 30 is pretty low.Rarely do stocks reach thirty. What your target price before it reached being overbought ????
Your future depends on your dreams so go to sleep !
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the deal
#3 Posted : Tuesday, June 08, 2010 10:48:08 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
qw25041985 wrote:
Thanx man. this kind of information lift me up.So i shdnt worry of it breakin the 50.00 resistance level.So let the rally begin.But RSI of 30 is pretty low.Rarely do stocks reach thirty. What your target price before it reached being overbought ????

my target was 66 bob...an RSI of 30 is a real oversold situation man...i think tomorrow or Thursday we will bounce back...
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the deal
#4 Posted : Wednesday, June 09, 2010 7:49:30 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
we have scratched the bottom supply has fallen from 275000 to 59000 today...at some point nobody will sell...50 is the support...56 the new resistance...an opportunity for people who dont feel like to exit in that range...
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ProverB
#5 Posted : Wednesday, June 09, 2010 8:31:50 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
the deal wrote:
KQ has lost 9.45% since results day(04-06-2010)...its PE now stands at 11.8...those relative strength indicator(RSI) now stand at below 30 meaning its oversold..


@the deal...what becomes of the p/e when u remove the fuel derivatives factor?
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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voste
#6 Posted : Wednesday, June 09, 2010 8:34:26 AM
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Joined: 4/20/2010
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Location: nairobi
hey guys im trading live only 200 shares are up for grabs,is the rally bout to begin?got in at 56,hope it reaches 66!
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guru267
#7 Posted : Wednesday, June 09, 2010 8:47:47 AM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@the deal i told you KQ disappointed most analysts with those results and the hopeless dividend and hence you will not see any institutions/ foreigners touching the stock until it is below 50....

its already an hour into trade and only 800 shares traded clear sign of subdued interest...

one thing i want to caution technical analysts about is that technical analysis is very dependent on company information so dont imagine for a second that the technical information for KQ before the results is the same information you will find now...

Eg... anyone who still thinks 66bob is the benchmark resistance level after such results better be careful
Mark 12:29
Deuteronomy 4:16
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ProverB
#8 Posted : Wednesday, June 09, 2010 8:56:08 AM
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guru267 wrote:


one thing i want to caution technical analysts about is that technical analysis is very dependent on company information so dont imagine for a second that the technical information for KQ before the results is the same information you will find now...

Eg... anyone who still thinks 66bob is the benchmark resistance level after such results better be careful


...Hear Ye! Hear Ye all!
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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the deal
#9 Posted : Wednesday, June 09, 2010 9:08:27 AM
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Joined: 9/25/2009
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Location: Windhoek/Nairobbery
if you bought @ 56 time to cut losses...the move down is stronger than anticipated..we are staring below 50 until september when 1H figures come out...
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Wa_ithaka
#10 Posted : Wednesday, June 09, 2010 9:49:27 AM
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Joined: 1/7/2010
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Location: nbi
Operating profit and turnover were both down. I'm not even going to get into the customer service ishoos (haven't got enuff time os space). Nuff said.

Surely you gotta price this in and look to enter at mid or lower 40s?
The Governor of Nyeri - 2017
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qw25041985
#11 Posted : Wednesday, June 09, 2010 10:26:00 AM
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Joined: 5/9/2010
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Location: Nai
Counters are so quite today. Why cannt they read this budjet quickly we get movin.I have some money to make with KQ.
Your future depends on your dreams so go to sleep !
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2012
#12 Posted : Wednesday, June 09, 2010 10:32:44 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
All that said and I agree with all of you, I think KQ is one of the best counters and with enormous potential. When I think of flying or when I'm about to fly somewhere for some reason I think of KQ first... then I start thinking of the negatives and take the other option.
Titus and his team now need to give us an all round realistic, ambitious and achievable short (immediate) and long term vision/goal and I can assure you this counter will never see sub 80/-.

Anyone doubt this?

BBI will solve it :)
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sheep
#13 Posted : Wednesday, June 09, 2010 11:08:32 AM
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Joined: 7/24/2008
Posts: 781
The most important question an investor should ask himself is why he didnt buy when the share was at 20... now rushing to buy now when it has nearly tripled in valued'oh!

If u cant answer that question you shouldn't even be investing.The stock market will be a very costly affairSad
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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the deal
#14 Posted : Wednesday, June 09, 2010 1:47:48 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
sheep wrote:
The most important question an investor should ask himself is why he didnt buy when the share was at 20... now rushing to buy now when it has nearly tripled in valued'oh!

If u cant answer that question you shouldn't even be investing.The stock market will be a very costly affairSad

KQ once touched a high of 66 bob...anything was well position for KQ to lure somebody to buy @ 56 i mean those impressive 3rd to 4th quater passenger no's...the hedges going in their favour...the exchange rate...the risks then were kidogo compared to the rewards...so 56 bob looked cheap....
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2012
#15 Posted : Wednesday, June 09, 2010 4:39:49 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
sheep wrote:
The most important question an investor should ask himself is why he didnt buy when the share was at 20... now rushing to buy now when it has nearly tripled in valued'oh!

If u cant answer that question you shouldn't even be investing.The stock market will be a very costly affairSad


I don't think so. If you are the kind of investor who regrets missed opportunities then you are not an investor but a gambler. There are many reasons why people missed out, for me it's simply because I'd no cash to invest at that time and if I had I'd probably have bought KPLC, SCOM or Mumias for was it 3 bob?

BBI will solve it :)
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the deal
#16 Posted : Wednesday, June 09, 2010 5:57:53 PM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Emirates airlines has declared war on National flag carriers by ordering 38 A380's meanwhile Delta Airlines is thinking to expand to Africa pending bilateral agreement...source:www.centreforaviation.com
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VituVingiSana
#17 Posted : Wednesday, June 09, 2010 8:59:49 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
I have been (almost) offline for 2 days. What have I missed?

Just saw KQ's price down to 51/-... crazy IMHO...

@thedeal - With our lousy airport, dont worry... no A380s landing in Nairobi (or most African countries) any time soon...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#18 Posted : Thursday, June 10, 2010 9:40:39 AM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Demand now outweighs supply...tweende kazi...
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2012
#19 Posted : Thursday, June 10, 2010 10:01:48 AM
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Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
the deal wrote:
Emirates airlines has declared war on National flag carriers by ordering 38 A380's meanwhile Delta Airlines is thinking to expand to Africa pending bilateral agreement...source:www.centreforaviation.com



The damn thing can't even land in our airports.

BBI will solve it :)
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VituVingiSana
#20 Posted : Thursday, June 10, 2010 11:09:40 AM
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Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
If an A380 were to land... it would probably sink into the one runway we have!

They build/extend the terminal buildings for A380s... I think only S.Africa in Africa has the capacity for A380s...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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