the deal wrote:@Mwanahisa most of the 1H CFH losses have been written back in 2H since oil was above $90/barrel add to that the weak KSh $ dominatd revenue xchanged into Ksh=massive forex gains but thats offset kidogo by US$ dominated loans...they will do well despite a disastrous 3Q but problem is they want money for the Plains...
@the deal, I am not sure whether these related to fuel. KQ reported
realized losses of 51 million shs on
fuel derivatives and another 20 million shs in
fair value losses on fuel derivatives. If these losses were on fuel, I would have expected them to be captured in either of the two items, or am I reading it wrong?