An update:
1. The KQ results, especially at operating loss level as at H1 were not pleasant
2. It is unlikely, near-impossible for KQ to turn a full year profit in 2025. At best, expect a KES 12B loss
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, you should have sold yesterday or nearest date to yesterday
5. In case you are liquid and able to go long haul, proceed to add new stock/average down at any price below KES 8.52, noting that the KQ share may give you more returns than you ever dreamed about.
6. Watch and learn
KQ ABP 4.26