That's not what MOO said upon taking up his board seat last year at KQ.. YouTube it. Remember its only JBB that didn't opt for KQLC membership.. 11 other banks joined the shareholders list with 10 year gestational period. Also remember that the conversion price was KES 2.13 * 4 hence they cannot sell below KES 8.52.. Simple logic

QLC IS A FORCED MARRIAGE. THEY ARE IN IT FOR THE SAKE OF THE CHILDREN, WHAT DID I JUST SAY.

Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.

As of 16th March 2019,
KQ price per share: Sh. 5.56
BTC price: $3984

Will compare percentage increase/decrease after a year.


My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.

Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.


But am not a prophet, so let's check back in a year.

Ni hayo tu kwa sasa.

KQ flies passengers and cargo all over the world, employs hundreds directly and thousands indirectly, pays billions in taxes to GOK. What does bitcoin do?

@sparkly - Why do you want to hurt someone's feelings?

“There is actually no way KQ can be profitable in its current state. I don’t know how to do that,” Mr Mikosz said.

“The pilots are overpaid and the workforce bloated, bleeding the airline to death,” he said.

In Mr Makosz's view, KQ should be delisted from the Nairobi Securities Exchange to facilitate a quieter turnaround away from the noise of minority shareholders.

Mr Mikosz took a swipe at his predecessors Titus Naikuni and Mbuvi Ngunze, for bringing KQ to its current predicament.

Problems were compounded in 2017 when the airline was forced into a bad restructuring programme.

https://www.theeastafric...8558-15dhd7kz/index.html

The JKIA must be gained by KQ or I am sunk. Well at least @maka has achieved his objective of forcing Sebastian out via sabotage including labor unrest and intentional malicious damage by the technical team to three aircraft in the last 6 months. As I have stated here since 2012, KQ employees are the main problem at KQ and not the airline industry itself.. Kenya has reasonable visitor traffic to ensure a profitable KQ, but the staff have other ideas including collusion with travel agents to drive traffic away from KQ to competition for a cut. Imagine that

Returns will come because GoK will not let the firm die.. You expect me to sell at 78% loss position? I will take my chances and wait to see how it ends..

@xxxx - A 78% loss needs more than a gain of 156%

For our example, let's use 80% since the math is easier.
A share bought at 100 is now down 80% = 20/-
To get back to 100/-, it has to increase by 400%
100% gain is 20+20=40
200% gain is 40+20=60
300% gain is 60+20=80
400% gain is 80+20=100

On ARM, have you heard anything?
I have written it off so anything is pure profit.
The profit/gain from KK has more than covered any losses I have made in the past 5 years!

Hakuna kitu mpya unaniambia.. I am ready to loose 100% and fully provide for the same but I sense that a turnaround is imminent.. That's why I remain inside https://www.businessdail...12580-13ol23y/index.html

Merging KQ with JKIA doesn;t sort out the structural inefficiencies of KQ.
KQ workers and pilots are among the highest in Africa and in the world if you look at it's revenues.
Staff costs as a percentage of revenue.