Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,996 Location: nairobi
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VituVingiSana wrote:Folks - Unless there is fundamentally something wrong with KQ, why worry about averaging down [or buying 'new' shares]?
Do not worry about averaging down [not a good idea] but look at the shares [& price] TODAY... Would you buy the shares today if you had NO shares?
In KQ's case... yes, I would! Tumekushika!
KQ ABP 4.48; MTN ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,996 Location: nairobi
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mwekez@ji wrote:obiero wrote:mwekez@ji wrote:obiero wrote:Gadaffi wrote:mwekez@ji wrote:hisah wrote:obiero wrote:FYR to be released on 14.06.2013 should settle/unsettle all nerves Should rattle all nerves is more like it unless creative accounting is hired at the finance department. Was the laid off staff issue sorted? The laid off workers were reinstated and wage bill hurdle remains as was ... @Obiero, whats your FYR expectations? the last comm i saw frm KQ was that the case was still in court pending determination. r u saying KQ settled n reinstated workers? Either way, if this issue is nt addressed, th share performance will remain depressed altho significantly improved financial results may overshadow this @hisah. the latest update i saw was www.nation.co.ke/Feature...12/-/egyf4p/-/index.html@mwekeza@ji. yet to visit my connected executives at the Exchange Bar for close-to-exact figures, but my own projections point to a 'respectable' net loss not exceeding KES 450M.. @hisah, @Gadaffi, on the court case, we may go by that link given by @obiero. @Obiero, H1 results was a net loss of KES 4.778 Billion. How could KQ have made a massive net profit of KES 4.338 Billion in H2 results so that FYR can be the said 'respectable' net loss not exceeding KES 450 Million @mwekez@ji. leaking revenue streams have been plugged by pull backs/abandonment to destinations such as London, Rome, Musact and Zanzibar. Africa which contributes upwards of 60% to KQ's bottom line shows growth of 10.2% in their Q3 as seen in this http://www.ventures-africa.com/...perating-results-for-q3/finally, gain from fuel derivates were not disclosed/realised in their half year and could be their silverbullet The horse itself painted a neutral picture on its 3Q operating statistics. http://www.kenya-airways.com/Ho...3_OCT_to_DEC_2012/?dis=yThe total passenger tally, which closed at 991,149, indicatef a growth of 3.6% compared to similar period last year. The resultant cabin factor (the number of seats sold)at 69.7% was lower than prior year’s 71.7%. Within Africa but excluding Kenya (which contibutes c50% of revenue), passengers uplifted totalled 516,894 indicating a growth of 2.9% on the back of 10.1% capacity growth. The resultant passenger cabin factor of 63.6% was 4.5 percentage points lower than similar period last year. Passenger uplift to Europe (which contributes c26% to revenue) at 95,036 was a reduction from last year’s level of 117,527 following capacity reduction of 26.6% compared to the same quarter of prior year due to capacity rationalization occasioned by the Euro zone crisis and the suspension of the Rome flights. The two regions mentioned above, which are the main KQ routes, hadn't done well as at end of Q3. I honestly dont expect the H2 profit you allude. On fuel derivatives, they have been a double edged sword in the past and i dont think anybody should buy KQ based on this coz its not KQ business. That said, KQ remains a very high beta stock for both FAs and TAs 12 years ago
KQ ABP 4.48; MTN ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,996 Location: nairobi
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In other news, the water canon salute for RAO001 was an emotional marketing masterstroke
KQ ABP 4.48; MTN ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,996 Location: nairobi
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Refresh on duty free. Black November. Save the date 
KQ ABP 4.48; MTN ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,272 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Folks - Unless there is fundamentally something wrong with KQ, why worry about averaging down [or buying 'new' shares]?
Do not worry about averaging down [not a good idea] but look at the shares [& price] TODAY... Would you buy the shares today if you had NO shares?
In KQ's case... yes, I would! Tumekushika! Advice on averaging down (or not) remains solid.  And there is a lot that became and remains fundamentally wrong with KQ  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,996 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Folks - Unless there is fundamentally something wrong with KQ, why worry about averaging down [or buying 'new' shares]?
Do not worry about averaging down [not a good idea] but look at the shares [& price] TODAY... Would you buy the shares today if you had NO shares?
In KQ's case... yes, I would! Tumekushika! Advice on averaging down (or not) remains solid. And there is a lot that became and remains fundamentally wrong with KQ Hehe. I had just missed you. Needed your input
KQ ABP 4.48; MTN ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,996 Location: nairobi
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MaichBlack wrote:obiero wrote:Some quick truths
1. The KQ results at operating loss level especially, were not pleasant
2. It is unlikely, near-impossible for KQ to turn a full year profit in 2025
3. With confirmed stoppage of the Open Offer for minority shareholders, the USD 500,000,000 capital injection is the only critical play left on the KQ share. If it fails, it is game over
4. If you are unable to hold mid-term, say two to three years, it is best that you sell today or nearest date to today
5. In case you are liquid and able to go long haul, proceed to add new stock/average down, the KQ share may give you more returns than you ever dreamed about Sell today??? Wait for the market to open and see the blood on the streets! Definitely not a sellers a market. Unless of course one wants to take in losses before they get worse. FY 2025 net loss forecasted at KES 14B, ceteris paribus. In Q1 2026, the KES 69B capital injection should unlock fair value which remains KES 8.52. This share is not for those with weak hearts or illiquid pockets, please avoid it if you need your cash in the near term, anything can go wrong at any time anywhere and anyhow
KQ ABP 4.48; MTN ABP 5.20
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