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Kenya Airways...why ignore..
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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rwitre wrote:sparkly wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019,
KQ price per share: Sh. 5.56
BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. KQ flies passengers and cargo all over the world, employs hundreds directly and thousands indirectly, pays billions in taxes to GOK. What does bitcoin do? 😂 Nothing. It just sits there and looks pretty Damn. Can't believe it's already a year. BTC still forging on, block after block. KQ is...KQ. Good luck.
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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rwitre wrote:rwitre wrote:sparkly wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019,
KQ price per share: Sh. 5.56
BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. KQ flies passengers and cargo all over the world, employs hundreds directly and thousands indirectly, pays billions in taxes to GOK. What does bitcoin do? 😂 Nothing. It just sits there and looks pretty Damn. Can't believe it's already a year. BTC still forging on, block after block. KQ is...KQ. Good luck. Shieet....Ok now pick the most fundamentally sound company at the NSE and pit it against BTC. Never lose your position in a bull market,BTFD.
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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An economy class ticket on this flight costs $3350 (Sh357, 4450) while a business class ticket is going at $ 4000 (Sh426, 800). https://www.businessdail...03646-gbjv59/index.html Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times".
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. 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: 10,804 Location: NAIROBI
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VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. Be easy on KQ,they have huge debts to repay hence reason for pricey tickets. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse.
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Rank: Elder Joined: 6/23/2009 Posts: 14,215 Location: nairobi
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Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa
KQ ABP 4.26
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa Probably the world. Google Business class seat width. KQ tops at 32+
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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