In stocks everything is centered around the firm's leadership and its vision carrying ability. I believe totally in current KQ board and management. On the back of the new routes, revenue will likely cross KES 120B per annum by FY 2019.
With revamped hedging, the fuel costs are covered.. KQ ESOP and the cancellation of contract based work, appears to have lifted union spirits apart from @maka's.. Continued turnaround is evident. I am not blind to the continued losses, but this is the turnaround purchase in my portfolio, filled with high risk trade speculation.
However, as previously indicated right here in May 2019, I confirm that I will not pursue any further purchases until clarity on nationalization and/or the Open Offer happens. Current ABP KES 12.48 with capital loss of 62%
COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.75; MTN ABP 5.20