Wazua
»
Investor
»
Stocks
»
KQ hy19 loss doubles 8.6bn; negative equity 16.2bn
Rank: Veteran Joined: 8/28/2015 Posts: 1,247
|
maka wrote:obiero wrote:xxxxx wrote:Fyatu wrote:obiero wrote:[quote=guru267]Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices. I'm conflicted right about now.. 81% in the red but with such an insane price on offer, what should stop me from using leverage if necessary to bring the buy price to circa KES 4 down from current KES 12.53. Will KQ be nationalized at KES 0.50 to the 80,000 minority shareholders.. This is murder in the first degree walai. Ni kama drama. Ni kama video bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math: 221000×2 = ksh. 442,000 442,000 / 0.3 = 1473333.3333 units Isn't this the point at which 'dumb money becomes dumb'?...ati your signature  He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue This should be used to roll a blunt...  💣💣💣💥💥💥 ,Behold, a sower went forth to sow;....
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
muandiwambeu wrote:maka wrote:obiero wrote:xxxxx wrote:Fyatu wrote:obiero wrote:[quote=guru267]Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices. I'm conflicted right about now.. 81% in the red but with such an insane price on offer, what should stop me from using leverage if necessary to bring the buy price to circa KES 4 down from current KES 12.53. Will KQ be nationalized at KES 0.50 to the 80,000 minority shareholders.. This is murder in the first degree walai. Ni kama drama. Ni kama video bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math: 221000×2 = ksh. 442,000 442,000 / 0.3 = 1473333.3333 units Isn't this the point at which 'dumb money becomes dumb'?...ati your signature He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue This should be used to roll a blunt... 💣💣💣💥💥💥 Employee disconnect with company objectives and the resultant effect has been researched world over..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Veteran Joined: 8/28/2015 Posts: 1,247
|
obiero wrote:muandiwambeu wrote:maka wrote:obiero wrote:xxxxx wrote:Fyatu wrote:obiero wrote:[quote=guru267]Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices. I'm conflicted right about now.. 81% in the red but with such an insane price on offer, what should stop me from using leverage if necessary to bring the buy price to circa KES 4 down from current KES 12.53. Will KQ be nationalized at KES 0.50 to the 80,000 minority shareholders.. This is murder in the first degree walai. Ni kama drama. Ni kama video bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math: 221000×2 = ksh. 442,000 442,000 / 0.3 = 1473333.3333 units Isn't this the point at which 'dumb money becomes dumb'?...ati your signature He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue This should be used to roll a blunt... 💣💣💣💥💥💥 Employee disconnect with company objectives and the resultant effect has been researched world over.. True, but am wondering, since you have insisted on averaging down, what's your strategy sir obiero. At what point do you think this junk will be properly landed. Definitely this thing will stay there for quite a period for any urgency to worry if it will be a minute man mission. ,Behold, a sower went forth to sow;....
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
muandiwambeu wrote:obiero wrote:muandiwambeu wrote:maka wrote:obiero wrote:xxxxx wrote:Fyatu wrote:obiero wrote:[quote=guru267]Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices. I'm conflicted right about now.. 81% in the red but with such an insane price on offer, what should stop me from using leverage if necessary to bring the buy price to circa KES 4 down from current KES 12.53. Will KQ be nationalized at KES 0.50 to the 80,000 minority shareholders.. This is murder in the first degree walai. Ni kama drama. Ni kama video bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math: 221000×2 = ksh. 442,000 442,000 / 0.3 = 1473333.3333 units Isn't this the point at which 'dumb money becomes dumb'?...ati your signature He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue This should be used to roll a blunt... 💣💣💣💥💥💥 Employee disconnect with company objectives and the resultant effect has been researched world over.. True, but am wondering, since you have insisted on averaging down, what's your strategy sir obiero. At what point do you think this junk will be properly landed. Definitely this thing will stay there for quite a period for any urgency to worry if it will be a minute man mission. Will have to crash and burn.. Can't jump from 'altitude' of KES 12.53.. No sense in making any moves now, will wait for the first responder (GoK) to find us on the ground
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
guru267 wrote:Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices. Buying KQ was not-so-smart like when I bought ARM expecting a turnaround. Selling KQ is a smart move. A penny saved is a penny earned. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
VWAP of 2.43 with 35,500 traded = Shs 86,433 Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
VituVingiSana wrote:VWAP of 2.43 with 35,500 traded = Shs 86,433 Non existent volume
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:VituVingiSana wrote:VWAP of 2.43 with 35,500 traded = Shs 86,433 Non existent volume Even if the volume is non existent it dictates market price which is key in any decision making by stakeholders. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
VituVingiSana wrote:guru267 wrote:Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices. Buying KQ was not-so-smart like when I bought ARM expecting a turnaround. Selling KQ is a smart move. A penny saved is a penny earned. I didn't buy KQ expecting a turnaround. I had trading the stock price fluctuations and made good money from that. I bought at 2.70 expecting to sell above 3 Bob but as soon as rumours of the results started coming out I started to sell about a week ago. Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
Spikes wrote:obiero wrote:VituVingiSana wrote:VWAP of 2.43 with 35,500 traded = Shs 86,433 Non existent volume Even if the volume is non existent it dictates market price which is key in any decision making by stakeholders. Tomorrow and for a few days after it should be limit down Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Worse than expected...will just wait for what GoK offers...
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
obiero wrote:muandiwambeu wrote:obiero wrote:muandiwambeu wrote:maka wrote:obiero wrote:xxxxx wrote:Fyatu wrote:obiero wrote:[quote=guru267]Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices. I'm conflicted right about now.. 81% in the red but with such an insane price on offer, what should stop me from using leverage if necessary to bring the buy price to circa KES 4 down from current KES 12.53. Will KQ be nationalized at KES 0.50 to the 80,000 minority shareholders.. This is murder in the first degree walai. Ni kama drama. Ni kama video bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math: 221000×2 = ksh. 442,000 442,000 / 0.3 = 1473333.3333 units Isn't this the point at which 'dumb money becomes dumb'?...ati your signature He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue This should be used to roll a blunt... 💣💣💣💥💥💥 Employee disconnect with company objectives and the resultant effect has been researched world over.. True, but am wondering, since you have insisted on averaging down, what's your strategy sir obiero. At what point do you think this junk will be properly landed. Definitely this thing will stay there for quite a period for any urgency to worry if it will be a minute man mission. Will have to crash and burn.. Can't jump from 'altitude' of KES 12.53.. No sense in making any moves now, will wait for the first responder (GoK) to find us on the ground This will take a while.... possunt quia posse videntur
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
It can't go any lower. "I speak in code" Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
Impunity wrote:It can't go any lower.
"I speak in code" Quotable quotes
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
|
There are two ways to value a company:
1] what it owns versus what it owes - net assets
2] What it earns and what it CAN earn in future - current AND future profits
Why would anyone in their right mind buy a company that owes more than it owns, isn't making profit and has no promise of ever becoming profitable?
Now I know why they say that common sense is not very common!
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
chiaroscuro wrote:There are two ways to value a company:
1] what it owns versus what it owes - net assets
2] What it earns and what it CAN earn in future - current AND future profits
Why would anyone in their right mind buy a company that owes more than it owns, isn't making profit and has no promise of ever becoming profitable?
Now I know why they say that common sense is not very common! True. Its odd for anyone in right senses to claim that a firm that once obtained annual profit in excess of KES 6B; has no promise of ever becoming profitable
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:chiaroscuro wrote:There are two ways to value a company:
1] what it owns versus what it owes - net assets
2] What it earns and what it CAN earn in future - current AND future profits
Why would anyone in their right mind buy a company that owes more than it owns, isn't making profit and has no promise of ever becoming profitable?
Now I know why they say that common sense is not very common! True. Its odd for anyone in right senses to claim that a firm that once obtained annual profit in excess of KES 6B; has no promise of ever becoming profitable Most young investors are tired of a long wait and hoping things will be ok. Eti hope pia ni strategy tuliachia wazee pamoja na hiyo long wait. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
chiaroscuro wrote:There are two ways to value a company:
1] what it owns versus what it owes - net assets
2] What it earns and what it CAN earn in future - current AND future profits
Why would anyone in their right mind buy a company that owes more than it owns, isn't making profit and has no promise of ever becoming profitable?
Now I know why they say that common sense is not very common! 3] trading price of companies with comparable performance. In case of KQ, listed companies in losses, negative equity and cashflows are trading circa 50 cents. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Spikes wrote:obiero wrote:chiaroscuro wrote:There are two ways to value a company:
1] what it owns versus what it owes - net assets
2] What it earns and what it CAN earn in future - current AND future profits
Why would anyone in their right mind buy a company that owes more than it owns, isn't making profit and has no promise of ever becoming profitable?
Now I know why they say that common sense is not very common! True. Its odd for anyone in right senses to claim that a firm that once obtained annual profit in excess of KES 6B; has no promise of ever becoming profitable Most young investors are tired of a long wait and hoping things will be ok. Eti hope pia ni strategy tuliachia wazee pamoja na hiyo long wait. @Spikes, this has nothing to do with age. We the elders are also disappointed in @Obiero's code speak. However, we follow the African code which states that an elder should not be caned in public, infront of children and women. I assure you that we will convene soon and summon @Obiero for discipline. Life is short. Live passionately.
|
|
|
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
|
obiero wrote:chiaroscuro wrote:There are two ways to value a company:
1] what it owns versus what it owes - net assets
2] What it earns and what it CAN earn in future - current AND future profits
Why would anyone in their right mind buy a company that owes more than it owns, isn't making profit and has no promise of ever becoming profitable?
Now I know why they say that common sense is not very common! True. Its odd for anyone in right senses to claim that a firm that once obtained annual profit in excess of KES 6B; has no promise of ever becoming profitable When was that? the last time Kenya Airways made a profit was 2012... Then: 2013= sh10.8bn loss 2014= sh4.9bn loss 2015= sh29.7bn loss 2016= sh26.1bn loss 2017= sh10.2bn loss 2018= sh7.6bn loss Na bado kuna watu wanaona hope hapo. OK!
|
|
|
Wazua
»
Investor
»
Stocks
»
KQ hy19 loss doubles 8.6bn; negative equity 16.2bn
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|