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KQ hy19 loss doubles 8.6bn; negative equity 16.2bn
Superprime1
#1 Posted : Tuesday, August 27, 2019 4:34:16 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
maka
#2 Posted : Tuesday, August 27, 2019 4:36:19 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....
possunt quia posse videntur
Ericsson
#3 Posted : Tuesday, August 27, 2019 4:53:43 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#4 Posted : Tuesday, August 27, 2019 5:30:23 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
Ericsson wrote:
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results

Eh! Hii nayo ni hujuma

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
muandiwambeu
#5 Posted : Tuesday, August 27, 2019 5:55:24 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results

Different folks different strokes.
,Behold, a sower went forth to sow;....
VituVingiSana
#6 Posted : Tuesday, August 27, 2019 7:12:03 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
Is @Obiero breathing? Has anyone looked in on him?

@Maka has obliterated @Obiero d'oh! Laughing out loudly Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
rwitre
#7 Posted : Tuesday, August 27, 2019 7:26:03 PM
Rank: Member


Joined: 3/8/2018
Posts: 507
Location: Nairobi
VituVingiSana wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
Is @Obiero breathing? Has anyone looked in on him?

@Maka has obliterated @Obiero d'oh! Laughing out loudly Applause


Aiyayaaaa....The sky is falling on this one. Pray
Chest thumping employees
That massive loss
CEO abandoning ship
obiero
#8 Posted : Wednesday, August 28, 2019 6:25:53 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Spikes
#9 Posted : Wednesday, August 28, 2019 6:52:23 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#10 Posted : Wednesday, August 28, 2019 7:30:31 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#11 Posted : Wednesday, August 28, 2019 7:42:44 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
obiero wrote:
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered
Finally! Applause Applause Applause And never make shady firms or speculative investments part of your "core" investments.

You have spent too much time and money on a once great but now lousy firm. Move on. Start looking at KenRe.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
muandiwambeu
#12 Posted : Wednesday, August 28, 2019 8:04:06 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered
Finally! Applause Applause Applause And never make shady firms or speculative investments part of your "core" investments.

You have spent too much time and money on a once great but now lousy firm. Move on. Start looking at KenRe.

Or jump out and join in once the bird has properly landed.
,Behold, a sower went forth to sow;....
obiero
#13 Posted : Wednesday, August 28, 2019 9:21:27 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
muandiwambeu wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered
Finally! Applause Applause Applause And never make shady firms or speculative investments part of your "core" investments.

You have spent too much time and money on a once great but now lousy firm. Move on. Start looking at KenRe.

Or jump out and join in once the bird has properly landed.

I'm not jumping out. Will simply ask at the cross whether Mikosz on the left confesses that they denied us the Open Offer.. Like Jesus, it is finished.. I speak in code

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#14 Posted : Wednesday, August 28, 2019 9:28:43 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
obiero wrote:
muandiwambeu wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered
Finally! Applause Applause Applause And never make shady firms or speculative investments part of your "core" investments.

You have spent too much time and money on a once great but now lousy firm. Move on. Start looking at KenRe.

Or jump out and join in once the bird has properly landed.

I'm not jumping out. Will simply ask at the cross whether Mikosz on the left confesses that they denied us the Open Offer.. Like Jesus, it is finished.. I speak in code
Perhaps those whom you speak to would find it easier to understand your questions if they were NOT in code Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Spikes
#15 Posted : Wednesday, August 28, 2019 9:43:14 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#16 Posted : Wednesday, August 28, 2019 10:06:38 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
VituVingiSana wrote:
obiero wrote:
muandiwambeu wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered
Finally! Applause Applause Applause And never make shady firms or speculative investments part of your "core" investments.

You have spent too much time and money on a once great but now lousy firm. Move on. Start looking at KenRe.

Or jump out and join in once the bird has properly landed.

I'm not jumping out. Will simply ask at the cross whether Mikosz on the left confesses that they denied us the Open Offer.. Like Jesus, it is finished.. I speak in code
Perhaps those whom you speak to would find it easier to understand your questions if they were NOT in code Laughing out loudly

Noted with thanks! I call a truce, with you. I know that I bashed you hard and tackled rough sometimes but it was all in the spirit of PPT.. Find it in you to forgive me

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Blukes
#17 Posted : Wednesday, August 28, 2019 10:07:37 AM
Rank: New-farer


Joined: 3/9/2019
Posts: 16
Location: Nakuru
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

obiero
#18 Posted : Wednesday, August 28, 2019 10:26:49 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
chiaroscuro
#19 Posted : Wednesday, August 28, 2019 10:34:34 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!
obiero
#20 Posted : Wednesday, August 28, 2019 10:47:38 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!

Luckily no seller. You have to feel sorry for KQLC.. Atleast, minority shareholders always knew things were elephant and voice it out at the AGMs, crying out loud for a dividend.. KQLC bought at KES 8.52 just two years ago.. Imagine that!!! Kweli dunia hufunza

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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