obiero wrote:kenya airways remains the most undervalued share at the nse
Undervalued and loss making is oxymoronic.
A loss making entity cannot be undervalued. Why? You would be better of doing NOTHING and making zero than buy [into] the entity and lose money!
But I get what you mean - in a way. I will also buy into KQ - at one point.
At the moment, people are buying 'the dream'. Not good business. Good in gambling maybe.
I need to see figures, concrete turn around plans and have the share at a lower price than the current prices.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.