When does KQ release their results? I hope the dividends are not delayed till November.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

GG: KQ has been consistently paying out 1.75 for the past 4 years - in good times or bad. I think they will maintain the payout BUT will they delay the AGM & payment?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

KQ will be having an Investors briefing next week Friday. I expect them to release their 2009 results then. If their 2nd half performance exactly mirrors that of the first half then we should expect an EPS of 3.19. However,I do expect them to perform somewhat better than this although an EPS greater than Kshs 5 might be a stretch. Various reasons have been given in other posts on KQ and I will not go into them here. An EPS of 3.19 would still enable them to pay a dividend of Kshs 1.75 unless they have a RADICAL change of policy,which would surprise me. Nonetheless,I see no reason for them to change their AGM date/ date of paying dividends.

Please note a few airlines are actually making profits e.g. Virgin Atlantic doubled their profits for the yr ending March 2009.


Opportunity calls but few respond.

What do you mean ' It appears to me that the Board of Director's confidence in this company is low. '???

How do you know? (Please toboa...)

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

@mwanahisa - I expect EPS between 4 & 5 for 2008-9. They did say that they expect a better 2H (in the 1H commentary) because there were fewer 'expensive' hedges as well as more flights/passengers booked.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB