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Kenya Airways...why ignore..
obiero
#2391 Posted : Sunday, October 11, 2015 11:34:36 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,317
Location: nairobi
Gordon Gekko wrote:
obiero wrote:
@dennis awori should not be re-elected. I recall he was in the deep on the Tokyo matter. Anywho, I have cast my vote for Dr Jason R Kapkirwok

Why did he resign as their strategy director?

Says greener pastures beckoned. However, Amb Awori admitted to being fraudulent in a court of law, that he faked documents to aid a relative get entry to Japan while he was the ambassador.. Surely, what cant he do, if he can fake a letter on govt letterhead!
COOP, IMH, KEGN, KQ, MTNU
obiero
#2392 Posted : Monday, October 12, 2015 1:19:47 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,317
Location: nairobi
On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...ts-200-mln-bridging-loan
COOP, IMH, KEGN, KQ, MTNU
Impunity
#2393 Posted : Monday, October 12, 2015 5:01:38 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
obiero wrote:
On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan



Bado tu ma loss loss?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

VituVingiSana
#2394 Posted : Monday, October 12, 2015 6:42:01 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote]
Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#2395 Posted : Monday, October 12, 2015 6:58:00 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,317
Location: nairobi
VituVingiSana wrote:
[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote]
Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads.

I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage
COOP, IMH, KEGN, KQ, MTNU
S.Mutaga III
#2396 Posted : Monday, October 12, 2015 7:04:14 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
obiero wrote:
VituVingiSana wrote:
[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote]
Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads.

I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage

You run a website that advises people on matters of stocks,,,I cant believe you are in this bus. Anyway, utaendelea kunyoroshwa mpaka lini? You are taking a serious beating out of ignorance.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
enyands
#2397 Posted : Monday, October 12, 2015 7:04:33 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
obiero wrote:
VituVingiSana wrote:
[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote]
Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads.

I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage


Sir I'm not a guru of stocks but I'll tell you one thing,when you see smoke know there is fire underneath.as I said earlier they need someone with a different business culture (preferably western culture)here back home to revive that industry. But as long as we have the same board, same management it will be a repetitive cycle.I'm happy you have realised that.
obiero
#2398 Posted : Monday, October 12, 2015 7:10:48 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,317
Location: nairobi
S.Mutaga III wrote:
obiero wrote:
VituVingiSana wrote:
[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote]
Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads.

I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage

You run a website that advises people on matters of stocks,,,I cant believe you are in this bus. Anyway, utaendelea kunyoroshwa mpaka lini? You are taking a serious beating out of ignorance.

I am inside.. You and others here know how many buses iv driven incident free. Got it wrong on entry level for KQ shares, but on future operations, they are solid.. The firm has issues like many others at NSE, but management is handling..
COOP, IMH, KEGN, KQ, MTNU
S.Mutaga III
#2399 Posted : Monday, October 12, 2015 7:14:22 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
Lessons I have learned since 2011
- NEVER invest in a company with declining profits
- NEVER invest in a company making losses (KQ is squarely in this category)
- NEVER invest in a company where GoK has a controlling stake
- NEVER invest in a company with a P/E of more than 7. The lesser the better.
- NEVER invest in an illiquid stock
Those are just some of the basics I have gathered over the years. That approach has served me well and when I break any of those rules, I lose money
A successful man is not he who gets the best, it is he who makes the best from what he gets.
S.Mutaga III
#2400 Posted : Monday, October 12, 2015 7:16:20 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
Obiero...NEVER buy a company making losses unless you can perform miracles. You will be disappointed.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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