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what next for KENRE & KQ?
the deal
#51 Posted : Wednesday, July 14, 2010 1:12:22 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
@the deal - Is there enuff business for KQ from Windhoek to NBO?
And how much to fly NBO-Windhoek? Thru SA or Gaborone?

Ja i think there's is enough business on that route,the problem is SAA(subsidised by SA Gvmnt) has a strong foothold there...but the Kenyan Community in Namibia is sizeable i'm sure most of them would love to fly KQ...BA flys JBO-WHK...if u fly KQ from NBO-JBO then BA or SAA to WHK u pay 70k one way...but if u fly SAA one way costs 56K-60K...i guess that route is not viable but i always fly KQ then BA to WHK...
VituVingiSana
#52 Posted : Wednesday, July 14, 2010 1:28:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
the deal wrote:
VituVingiSana wrote:
@the deal - Is there enuff business for KQ from Windhoek to NBO?
And how much to fly NBO-Windhoek? Thru SA or Gaborone?

Ja i think there's is enough business on that route,the problem is SAA(subsidised by SA Gvmnt) has a strong foothold there...but the Kenyan Community in Namibia is sizeable i'm sure most of them would love to fly KQ...BA flys JBO-WHK...if u fly KQ from NBO-JBO then BA or SAA to WHK u pay 70k one way...but if u fly SAA one way costs 56K-60K...i guess that route is not viable but i always fly KQ then BA to WHK...

Gulp! You are saying 70k for NBO-JHB-WHK? So $1,800 tix to/fro?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Much Know
#53 Posted : Wednesday, July 14, 2010 1:35:10 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
Kq is moving out of a series of 'issues' every quarter to a more stable 'whatever', dreamliner delivery this year seems quite likely, wage issues sorted, fuel stable, passenger numbers up, dividend payment on losses past, and really a lot of good news, fundas(fundamentalists) are looking at it like hungry pitbulls look at a sungura across the fence.
Ras Kienyeji Man
PKoli
#54 Posted : Wednesday, July 14, 2010 1:44:38 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
@MuchKnow
Are you serious 'Dreamliner' will be delivered this year? With the delays Boeing has been experiencing, I doubt if they will be delivered even next year. Earliest deliveries in Africa will be to Ethiopian Airline
Gordon Gekko
#55 Posted : Wednesday, July 14, 2010 1:56:36 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I thought they were now talking to Airbus Industrie now that the dreamliner was becoming a dream?d'oh!
VituVingiSana
#56 Posted : Wednesday, July 14, 2010 1:57:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Much Know wrote:
Kq is moving out of a series of 'issues' every quarter to a more stable 'whatever', dreamliner delivery this year seems quite likely, wage issues sorted, fuel stable, passenger numbers up, dividend payment on losses past, and really a lot of good news, fundas(fundamentalists) are looking at it like hungry pitbulls look at a sungura across the fence.

787s - Not till 2013 unless lots of airlines back out even then not till 2010

Fuel - I have seen reports that claim a stable crude price $60-$85 (vs $35-$140 in 2007-9]

Passengers - I agree. Flights were full in June/July for WC. Still seem full. If Referendoom goes 'quiet' then another boom?

Expansion - New planes expected in 2010. Also new routes incl Juba + Luanda
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
PKoli
#57 Posted : Wednesday, July 14, 2010 2:18:06 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
For KQ my worry is too many variables and difficult to predict any of them; fuel prices, Boeing deliveries issues, unionisable employee strikes, global economic issues, internal efficiency issues. In mathematical terms, non linear differential equations. No wonder I agree with Mzee Young not to touch the Airline stock.
Much Know
#58 Posted : Wednesday, July 14, 2010 2:28:38 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
@pkoli, airlines were tech stocks in much of the past, they have almost lost that element and are now really service stocks and very attractive, what you see is what you get!
Ras Kienyeji Man
VituVingiSana
#59 Posted : Wednesday, July 14, 2010 2:34:47 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
So many sellers for KQ shares... No matter what the bids... the Sellers come out in force... Seems it will close at 47.50... [VWAP may be higher due to earlier sales at 48/-]

Already 358,000 traded with 62% being net foreign buyers...
@the deal So... still an E-170 not even E-190...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
PKoli
#60 Posted : Wednesday, July 14, 2010 3:13:40 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
@Much
True, but it is a nightmare to Financial Analysts. How does one project revenue going forward for say 5 years? It is for that reason that I try to keep off such stocks. Too many externalities
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