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who is dismantling kq share
VituVingiSana
#21 Posted : Friday, February 04, 2011 5:25:42 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@milken -
So do we expect to see shortages again?
Is there a lot of 'untaxed' fuel in the market? Any idea/guess on how much?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#22 Posted : Friday, February 04, 2011 6:41:03 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Here is the reason why KQ is going down
Oil Prices

“The story this month is the sharp rise in oil prices. We predicted that 2011 would see a consecutive second year of profitability but with industry profits falling by 40% to $9.1 billion. This was based on an oil price of $84 per barrel (Brent). Fuel accounts for 27% of operating costs and a sustained rise in the oil price could spoil the party. With uncertainties in the Middle East, oil prices are now hovering near the $100 per barrel mark. For every dollar increase in the average price of a barrel of oil over the year, airlines face the difficult task of recovering an additional $1.6 billion in costs,” said Bisignani.
VituVingiSana
#23 Posted : Friday, February 04, 2011 7:27:35 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@thedeal - True on the costs side... but oil prices are expected to drop if the protests don't spread beyond Egypt

That said... airlines nowadays tack on fuel surcharges & I expect the days of 6,200/- fares are long gone! KQ's offer was till 24 Feb but I doubt they will extend it!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#24 Posted : Friday, February 04, 2011 9:16:45 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
milken, thank you very much
GOD BLESS YOUR LIFE
the deal
#25 Posted : Friday, February 04, 2011 10:32:21 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The delay in release of 3Q passenger numbers is another contributing factor...how can the CEO go air like that and yet not spice up the share...is it because he owns 0 shares of the company he runs?
VituVingiSana
#26 Posted : Saturday, February 05, 2011 12:23:21 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
the deal wrote:
The delay in release of 3Q passenger numbers is another contributing factor...how can the CEO go air like that and yet not spice up the share...is it because he owns 0 shares of the company he runs?
That does piss me off... Why doesn't he & KQ's senior management few or no shares? I brought that issue up... I didn't get a clear answer... [More like no answer!]

Anyway, Segman has shares/options in KK... I like that!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
qw25041985
#27 Posted : Saturday, February 05, 2011 12:19:10 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Well Naikunis aid he'll fly us to our bedrooms ....so i bet all must be good for KQ !!!! lol ! you have to love this guy . i think he has a sense of humour !
Your future depends on your dreams so go to sleep !
hisah
#28 Posted : Saturday, February 05, 2011 5:05:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
hisah wrote:
KQ is still attractive, but this $100+ brent oil games are not too comfy either. I thought that it would take up to 2H to see $100 oil, but alas, in Jan & Feb we're there...

hisah, what do you think will be the effect of high oil prices on oil companies both in Kenya and abroad

Expensive oil has a cool off effect on any economy since input costs become unbearable. Therefore oil firms plus oil clients suffer from reduced demand and costly end products respectively.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
The Merchant
#29 Posted : Saturday, February 05, 2011 5:19:07 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
qw25041985 wrote:
Well Naikunis aid he'll fly us to our bedrooms ....so i bet all must be good for KQ !!!! lol ! you have to love this guy . i think he has a sense of humour !

There is something wrong with you.
bartum
#30 Posted : Saturday, February 05, 2011 5:31:56 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
The Merchant wrote:
qw25041985 wrote:
Well Naikunis aid he'll fly us to our bedrooms ....so i bet all must be good for KQ !!!! lol ! you have to love this guy . i think he has a sense of humour !

There is something wrong with you.

@merchant i think @qw is sincere. Not everything @qw says is ubsurd. Iam with @qw sometime
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