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Kenya Airways FY 2014 loss of 4.8bn!!!
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streetwise
#11 Posted : Wednesday, June 25, 2014 10:10:12 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
and the guy will be at kq till end of year..mwafrica thick skin!!!!!!!!!!!
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2012
#12 Posted : Wednesday, June 25, 2014 10:18:05 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
VituVingiSana wrote:
Loss Before Tax of KShs 4,861,000,000 ... No idea about Loss After Tax. KQ is being sketchy with the info!

*Take off? More like a crash landing*


Gosh, that is huge and they've been so consistent.
Very soon they will start begging for a bail-out from GOK.

BBI will solve it :)
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  | | Edit by user: Wednesday, June 25, 2014 10:19 AM | Reason: Not specified
VituVingiSana
#13 Posted : Wednesday, June 25, 2014 10:30:20 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
KQ ako na wenyewe. Still trading at 10+ when I thought it would go sub-10 after I saw the loss.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mkonomtupu
#14 Posted : Wednesday, June 25, 2014 10:40:07 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Quote:
If a capitalist had been present at Kitty Hawk back in the early 1900s, he should have shot Orville Wright. He would have saved his progeny money. But seriously, the airline business has been extraordinary. It has eaten up capital over the past century like almost no other business because people seem to keep coming back to it and putting fresh money in.
I have an 800 number now that I call if I get the urge to buy an airline stock. I call at 2 in the morning and I say: 'My name is Warren, and I'm an aeroholic.' And then they talk me down.
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Boris Boyka
#15 Posted : Wednesday, June 25, 2014 10:41:31 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
VituVingiSana wrote:
KQ ako na wenyewe. Still trading at 10+ when I thought it would go sub-10 after I saw the loss.

True VVS I have a strong belief the loss are fake results. it's a source of pork(s) swindling funds to run some gvt errands
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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mwekez@ji
#16 Posted : Wednesday, June 25, 2014 10:44:05 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
VituVingiSana wrote:
KQ ako na wenyewe. Still trading at 10+ when I thought it would go sub-10 after I saw the loss.


Sub 10 is surely coming

#Very.Poor.Performance
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stock.enigma
#17 Posted : Wednesday, June 25, 2014 10:44:59 AM
Rank: Member

Joined: 8/14/2009
Posts: 244
There is no demand in the market. Only 4900 shares
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kollabo
#18 Posted : Wednesday, June 25, 2014 10:53:31 AM
Rank: Veteran

Joined: 2/3/2012
Posts: 1,317
Eish ni kubaya!
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Sufficiently Philanga....thropic
#19 Posted : Wednesday, June 25, 2014 10:58:23 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
stock.enigma wrote:
There is no demand in the market. Only 4900 shares

Nope. there's a 1M demand hapo at 5bob.
Check mine a bit later, will be 2M at 2.5bobsmile
@SufficientlyP
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VituVingiSana
#20 Posted : Wednesday, June 25, 2014 11:00:02 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Sufficiently Philanga....thropic wrote:
stock.enigma wrote:
There is no demand in the market. Only 4900 shares

Nope. there's a 1M demand hapo at 5bob.
Check mine a bit later, will be 2M at 2.5bobsmile
Yes, there is demand of 1mn+ shares
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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