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KQ hy19 loss doubles 8.6bn; negative equity 16.2bn
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Superprime1
#1 Posted : Tuesday, August 27, 2019 4:34:16 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
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  | | Edit by moderator: Wednesday, August 28, 2019 5:58 PM | Reason: topic created
maka
#2 Posted : Tuesday, August 27, 2019 4:36:19 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....
possunt quia posse videntur
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Ericsson
#3 Posted : Tuesday, August 27, 2019 4:53:43 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,834
Location: NAIROBI
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#4 Posted : Tuesday, August 27, 2019 5:30:23 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,457
Location: nairobi
Ericsson wrote:
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results

Eh! Hii nayo ni hujuma
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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muandiwambeu
#5 Posted : Tuesday, August 27, 2019 5:55:24 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results

Different folks different strokes.
,Behold, a sower went forth to sow;....
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VituVingiSana
#6 Posted : Tuesday, August 27, 2019 7:12:03 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,431
Location: Nairobi
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
Is @Obiero breathing? Has anyone looked in on him?

@Maka has obliterated @Obiero d'oh! Laughing out loudly Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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rwitre
#7 Posted : Tuesday, August 27, 2019 7:26:03 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
VituVingiSana wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
Is @Obiero breathing? Has anyone looked in on him?

@Maka has obliterated @Obiero d'oh! Laughing out loudly Applause


Aiyayaaaa....The sky is falling on this one. Pray
Chest thumping employees
That massive loss
CEO abandoning ship
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obiero
#8 Posted : Wednesday, August 28, 2019 6:25:53 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,457
Location: nairobi
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Spikes
#9 Posted : Wednesday, August 28, 2019 6:52:23 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#10 Posted : Wednesday, August 28, 2019 7:30:31 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,457
Location: nairobi
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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