KQ dips to new 12 month low (10/-) on poor earnings expectatio​ns #FYR Expectations

i won't be surprised by the loss and share price. I've learned not to underestimate management

From 140 to 14bob rights and bleeding to the grave.

Qatar Airways targets KQ with Fly540 partnership - http://www.businessdaily...30/-/vdpd5v/-/index.html

KQ issued a profit warning on 5th November 2012.

The results will be dire. There is no way that the H1 PBT loss of 6.59 Billion can translate into anything other than a bigger loss.

I used to be a KQ enthusiast but bailed out when it became clear that Mgt were hellbent on destroying shareholder value with an ill conceived expansion plan that continues to this day.

If we hit a possible 10 billion shillings PBT loss on Friday, this share could well hit the Kshs 6-7 lows that it used to trade at around the turn of the millenium. Maybe just maybe there will be long term value then. At any rate, below 10/=, it will start to attract speculative day trades but at the moment, its outlook remains real bleak!!!