Assuming that the increase will not have been factored prior to the announcement. Tripling of KQ's 2009-10 H1 PAT takes it to Kshs 2.58B in 2010-11 or Half Year EPS of Kshs 5.6.

If we assume a neutral or positive outlook statement and that the profits have arisen out of operations, folks would start postulating full year EPS of Kshs 9 after discounting some risk in H2. KQ is an airline after all.

Historically, KQ has generally traded at a foward PE of 10 or therabouts. Theoretical price could then be headed back to Kshs 90+.

I trust that this is a hypothetical situation. I am fairly certain that KQ cannot achieve this feat in this Half, unless of course you are referring to the Operating Profits which were a miserly 160 million. I expect this to go up by a factor of more than 10!!!

Daily to China and Naija means much better utilization of crew as they don't have to stay for days in Lagos or China waiting for a plane to bring back to Nrb.
Meanwhile I believe KQ goes xd on Friday - should we expect a price drop?

Well, the dividend is 1/- so it matters little if it drops 1/- after it is xd...

I wish I could go for the AGM lakini it is a whole day affair!

KQ going xd will not affect the share price. The low dividend payout is actually the 'cause' of the current low price.

Having said that, the possibility I have propositioned is not factored into the current share price.

Let's await 4th of Nov.

but dividend payout has forever been low how could it be the reason for the current low price of the KQ share??.