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KQ versus Kenya Re
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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KQ 4.90; Kenya Re 3.90 KQ never made a profit for 7 yrs, negative equity, no dividends. Kenya Re profitable, positive shareholder funds, regular dividend payments. KQ trades a full one bob above Kenya Re. If this is not witchcraft, I dont know what it is. To protest this situation, I will refrain from posting on investment section until Kenya Re trades above KQ. I hope it will happen soon. Life is short. Live passionately.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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sparkly wrote:KQ 4.90; Kenya Re 3.90
KQ never made a profit for 7 yrs, negative equity, no dividends.
Kenya Re profitable, positive shareholder funds, regular dividend payments.
KQ trades a full one bob above Kenya Re. If this is not witchcraft, I dont know what it is.
To protest this situation, I will refrain from posting on investment section until Kenya Re trades above KQ.
I hope it will happen soon.
Don't hold your breath  but I do agree KQ shouldn't technically even be a going concern. Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 3/20/2008 Posts: 503
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sparkly wrote:KQ 4.90; Kenya Re 3.90
KQ never made a profit for 7 yrs, negative equity, no dividends.
Kenya Re profitable, positive shareholder funds, regular dividend payments.
KQ trades a full one bob above Kenya Re. If this is not witchcraft, I dont know what it is.
To protest this situation, I will refrain from posting on investment section until Kenya Re trades above KQ.
I hope it will happen soon.
This comparison is incomplete without the market valuation of both companies
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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guru267 wrote:sparkly wrote:KQ 4.90; Kenya Re 3.90
KQ never made a profit for 7 yrs, negative equity, no dividends.
Kenya Re profitable, positive shareholder funds, regular dividend payments.
KQ trades a full one bob above Kenya Re. If this is not witchcraft, I dont know what it is.
To protest this situation, I will refrain from posting on investment section until Kenya Re trades above KQ.
I hope it will happen soon.
Don't hold your breath but I do agree KQ shouldn't technically even be a going concern. Fortune favors the bold
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:guru267 wrote:sparkly wrote:KQ 4.90; Kenya Re 3.90
KQ never made a profit for 7 yrs, negative equity, no dividends.
Kenya Re profitable, positive shareholder funds, regular dividend payments.
KQ trades a full one bob above Kenya Re. If this is not witchcraft, I dont know what it is.
To protest this situation, I will refrain from posting on investment section until Kenya Re trades above KQ.
I hope it will happen soon.
Don't hold your breath but I do agree KQ shouldn't technically even be a going concern. Fortune favors the bold Kama wanahisa wa ARM?  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Kq down 43 cents after sparkly spoke Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:Kq down 43 cents after sparkly spoke I doubt Wazua influences the market like we think
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Horton wrote:Ericsson wrote:Kq down 43 cents after sparkly spoke I doubt Wazua influences the market like we think We don't influence, we forecast. My forecast is that KQ will test Sh 2.5 before year end. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:Kq down 43 cents after sparkly spoke  I hope it keeps on dropping down to 3 and below. 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: 13,517 Location: nairobi
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VituVingiSana wrote:Ericsson wrote:Kq down 43 cents after sparkly spoke I hope it keeps on dropping down to 3 and below. A bad omen
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Ericsson wrote:Kq down 43 cents after sparkly spoke I hope it keeps on dropping down to 3 and below. A bad omen My bad. I meant I hope KenRe keeps dropping down to 3/- or less after the bonus is credited. 3:1 bonus so there will be a huge overhang of shares. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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sparkly wrote:KQ 4.90; Kenya Re 3.90
KQ never made a profit for 7 yrs, negative equity, no dividends.
Kenya Re profitable, positive shareholder funds, regular dividend payments.
KQ trades a full one bob above Kenya Re. If this is not witchcraft, I dont know what it is.
To protest this situation, I will refrain from posting on investment section until Kenya Re trades above KQ.
I hope it will happen soon.
In note 2(e) of the audited financial report of KQ - 31/12/2018 - the auditors warn as follows: "This indicates the existence of a material uncertainty which may cast significant doubt on the Group and Company's ability to continue as a going concern and therefore, may be unable to realize its assets and discharge its liabilities in the normal course of business." The problem is that people don't read these things!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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chiaroscuro wrote:sparkly wrote:KQ 4.90; Kenya Re 3.90
KQ never made a profit for 7 yrs, negative equity, no dividends.
Kenya Re profitable, positive shareholder funds, regular dividend payments.
KQ trades a full one bob above Kenya Re. If this is not witchcraft, I dont know what it is.
To protest this situation, I will refrain from posting on investment section until Kenya Re trades above KQ.
I hope it will happen soon.
In note 2(e) of the audited financial report of KQ - 31/12/2018 - the auditors warn as follows: "This indicates the existence of a material uncertainty which may cast significant doubt on the Group and Company's ability to continue as a going concern and therefore, may be unable to realize its assets and discharge its liabilities in the normal course of business." The problem is that people don't read these things! People read parliamentary committee reports. Life is short. Live passionately.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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The stock (KQ) will bounce back...it was hit by profit taking at around 5 bob...buy the rumour...sell the news...
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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the deal wrote:The stock (KQ) will bounce back...it was hit by profit taking at around 5 bob...buy the rumour...sell the news... Pump and Dump tactics aren't usually effective on old-timers in Wazua. If you are 100% sure KQ will hit 5/- then why are you shouting about it? Quietly buy out anyone selling it at less than 5/- and laugh at us afterwards. 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: 13,517 Location: nairobi
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VituVingiSana wrote:the deal wrote:The stock (KQ) will bounce back...it was hit by profit taking at around 5 bob...buy the rumour...sell the news... Pump and Dump tactics aren't usually effective on old-timers in Wazua. If you are 100% sure KQ will hit 5/- then why are you shouting about it? Quietly buy out anyone selling it at less than 5/- and laugh at us afterwards. ARM is a good example. Some chief almost made me buy it, but my spirit was awake
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:The stock (KQ) will bounce back...it was hit by profit taking at around 5 bob...buy the rumour...sell the news... Has KQ really traded meaningful volume in a long time? Every time I check I find it trading peanuts
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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mwekez@ji wrote:the deal wrote:The stock (KQ) will bounce back...it was hit by profit taking at around 5 bob...buy the rumour...sell the news... Has KQ really traded meaningful volume in a long time? Every time I check I find it trading peanuts Next to ‘zero’ volume since November 2017, when it came back from the restructuring suspension. A court case will have to arise if Pkosing buyout suggestions are to be taken literally
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:mwekez@ji wrote:the deal wrote:The stock (KQ) will bounce back...it was hit by profit taking at around 5 bob...buy the rumour...sell the news... Has KQ really traded meaningful volume in a long time? Every time I check I find it trading peanuts Next to ‘zero’ volume since November 2017, when it came back from the restructuring suspension. A court case will have to arise if Pkosing buyout suggestions are to be taken literally Best option for the taxpayer is to let "Old KQ" die a natural death. Let a "New KQ" take over the good assets (& associated liabilities) and staff it needs/wants. Let the creditors get what they can from "Old KQ" like we see at ARM. Pay off KQLC to the extent of the guarantees. No more. Let the Taxpayer breath. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:VituVingiSana wrote:the deal wrote:The stock (KQ) will bounce back...it was hit by profit taking at around 5 bob...buy the rumour...sell the news... Pump and Dump tactics aren't usually effective on old-timers in Wazua. If you are 100% sure KQ will hit 5/- then why are you shouting about it? Quietly buy out anyone selling it at less than 5/- and laugh at us afterwards. ARM is a good example. Some chief almost made me buy it, but my spirit was awake Too bad your spirit was also sleeping when someone was telling you to buy KK Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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