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Kenya Airways 2011/12 Financial Results
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madollar
#11 Posted : Wednesday, June 13, 2012 2:44:53 PM
Rank: Veteran

Joined: 11/17/2009
Posts: 2,040
Location: GA
easy jet plans to replicate the african strategy implemented by kenya airways .some serious competition here.
for them to succeed they need to hire the right management team that understand the african market .

"There is a significant shortage of direct point-to-point flying within the continent, particularly with west Africa. It is very difficult to get from capital city to capital city."

http://www.guardian.co.u...african-airline-fastjet

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hisah
#12 Posted : Wednesday, June 13, 2012 2:46:48 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
[quote=the deal]
"We will fly between Kenya, Tanzania, Ghana and Angola and the average fare will be $70-$80. We should be flying by the end of the year," he said, adding Fastjet would expand across Africa to become the first low-cost pan-African airline.

http://af.reuters.com/ar...s/idAFJOE85C03620120613[/quote]
Let the price wars begin smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma
#13 Posted : Wednesday, June 13, 2012 4:30:05 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Buying kq was my worst decision i ever made on the nse.
"Don't let the fear of losing be greater than the excitement of winning."
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Aguytrying
#14 Posted : Wednesday, June 13, 2012 6:06:00 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mlennyma wrote:
Buying kq was my worst decision i ever made on the nse.


me too. selling it at a huge loss and putting my money elsrwhere was a wise move.
The investor's chief problem - and even his worst enemy - is likely to be himself
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QW25091985
#15 Posted : Wednesday, June 13, 2012 6:09:32 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Aguytrying wrote:
mlennyma wrote:
Buying kq was my worst decision i ever made on the nse.


me too. selling it at a huge loss and putting my money elsrwhere was a wise move.



did you really have too ? asin really really !!!!!
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kyt
#16 Posted : Wednesday, June 13, 2012 7:06:10 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
QW25091985 wrote:
Aguytrying wrote:
mlennyma wrote:
Buying kq was my worst decision i ever made on the nse.


me too. selling it at a huge loss and putting my money elsrwhere was a wise move.



did you really have too ? asin really really !!!!!

QWwhen you say really what do you mean "really"?
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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guru267
#17 Posted : Wednesday, June 13, 2012 7:12:47 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kyt wrote:
QW25091985 wrote:
Aguytrying wrote:
mlennyma wrote:
Buying kq was my worst decision i ever made on the nse.


me too. selling it at a huge loss and putting my money elsrwhere was a wise move.



did you really have too ? asin really really !!!!!

QWwhen you say really what do you mean "really"?


I was gonna ask the same thing..
Mark 12:29
Deuteronomy 4:16
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Aguytrying
#18 Posted : Wednesday, June 13, 2012 11:25:08 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
QW25091985 wrote:
Aguytrying wrote:
mlennyma wrote:
Buying kq was my worst decision i ever made on the nse.


me too. selling it at a huge loss and putting my money elsrwhere was a wise move.



did you really have too ? asin really really !!!!!


I really really had to. looking back it was the best decision. put the money in KK and thats set to double. It was less than 10% of my portfolio so little effect overall.
The investor's chief problem - and even his worst enemy - is likely to be himself
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VituVingiSana
#19 Posted : Thursday, June 14, 2012 3:36:30 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Aguytrying wrote:
QW25091985 wrote:
Aguytrying wrote:
mlennyma wrote:
Buying kq was my worst decision i ever made on the nse.


me too. selling it at a huge loss and putting my money elsrwhere was a wise move.



did you really have too ? asin really really !!!!!


I really really had to. looking back it was the best decision. put the money in KK and thats set to double. It was less than 10% of my portfolio so little effect overall.
Example: 1 KQ share was 30/- when KK was 10/- but now KQ is 14/- but KK will be 20/- (Kestrel)

So:

KQ 30/- is now 14/-
KK 30/- is now 60/-

Good move!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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QW25091985
#20 Posted : Thursday, June 14, 2012 7:52:11 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
averaging down is the only solution here. coz i cannot imagine selling
and bytheway we are in an uptrend in the market so maybe its just a matter of time before some buyers show up !!!!
being hopless in a bull market isnt justified !
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