'We are now out of the doldrums and the toxic hedges have unwind' Finance Director Alex Mbungua talking about the change in their Hedging Strategy..now @Cicero that dude with a sell of 550K shares at 44.25 is holding us back.

At least KQ didn't disappoint, as for Mumias I was expecting better...

[quote=the deal]now its a Friday go and chill knowing your future is secured...for the patient this share will trade at 100 bob by June next year.[/quote]

100bob! Until they receive the Dreamliner or the Airbus!

[quote=Sufficiently Philanga....thropic][quote=synergia]The cash flow hedges is really messing them up big time it brings down the 1.4 b profit to a loss of 364 m.[/quote]
Hebu tuambie hiyo umetoa wapi!
Kindly give us the link![/quote]
Its kinda hidden in the financials
Its the differnce between the comprehensive loss for the period net of tax of (900m) add total comprehensive income in the period of 536 this gives you a net loss position of (364m)but you need to be an accountant to see that.
But the goodness about this is that the loss is unrealized as a result of the hedging.

[quote=Sober]copy paste from www.rich.co.ke

6 Months to 30.09 2010 versus 30.09.2009
Passenger 36.739b versus 30.045b = +22.27991%
Cargo and Mail 3.039b versus 2.595b = +17.109%
Total Revenue 41.214b versus 33.488b = +23.0709%
Total expenses 38.834b versus 33.326b = +16.527%
Profit Before Tax 2.051b versus 1.229b = +66.88%
PAT 1.436b versus 0.86b = +66.976%
EPS 3.11 versus 1.86 = +67.204%
Cash Flow Hedges -1.286b
ASK increased 3%
RPK grew by 9.3%

Conclusions

These are Strong 1st Half Results and if the Run Rate can be maintained We are looking at a Forward PE of 43.25 / [3.11 x 2] =6.953376. That looks very inexpensive. [/quote]

I must b getin SOBER now. PAT 1.43b +66%. Lets hope that foreign money will join us soonest possible.