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.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.