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Kenya airways Right Issue
Rank: Elder Joined: 7/22/2009 Posts: 7,455
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obiero wrote:MaichBlack wrote:obiero wrote:QW25091985 wrote:mwekez@ji wrote:QW25091985 wrote:the index jumped to 3400 . wow !
and quarterly report of the nse shows foreigners were busy buying . aiiigh .
yenyewe.... if you bought your shares during the 3072 lows just keep them And it has jumped with good turnover, over 500M. What the next point if such turnover is maintained? 3500 is gonna be sliced through . if such bullishness is maintained even after book closure for most of this stocks i think they will rally .. but i'd rather wait for book closure to see what next . Lol. i think wanjiku will be caught napping again and will be forced to buy the stocks at a high price Post 212.. QW thought KQ was worth more than KES 14 per share 1) I didn't see anywhere he mentioned KQ. 2) Do you know how much @QW's opinion is/was worth in Wazua? Dear Elder I joined stockskenya prior to you.. Check the dates. Which actually was my second entry having forgotten my initial password in early 2008 Eish @Obiero! Now what does that have to do with anything??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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Kausha wrote:I keep wondering, where these new planes will fly to? Most of the routes in Africa are covered and in any case they need to cull some of the African routes and replace them with a few new good ones
It can't be rise in price of fuel that is making KQ make losses. Some of the extra fuel bill is as a result of expensive hedges taken haphazardly, as well as more miles flown from extra capacity. KQ added an old fuel guzzling 747-400 freighter and 3 embraers in 2012. Furthermore we all get hit with the fuel surcharge once in a while when fuel prices run out of hand.
Airline business is too volatile, competitive and margins are always under pressure. The 200B debt will most likely disorganize the airline. If KQ was run efficiently like a business with lofty ambitions and willing to back it's mouth with solid cash it should by now have accumulated 100B in equity reserves and come for some equity by way of rights before proceeding to borrow the 200B.
However this is not the case and the business has been poorly run since 2007. It hasn't generated a competitive return to give investors a sense of comfort that it can take debt to fund an ambitious expansion. Since 2007 it's reserves have remained in the lower 20B levels. Management is doing too much dreaming without necessarily backing the dreams with rigorous thought process. For me a debt of 200B for KQ to fund expansion with current management is suicidal. This will only lead to a bail out by government in the long run - (Future finance minister please create a contingency for this). @kausha has some profetic genes..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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@maich... Hehe. Just wanted you to know that I know everyone in this place, including young and yasserbigchair.. I miss them and guru too..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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obiero wrote:@maich... Hehe. Just wanted you to know that I know everyone in this place, including young and yasserbigchair.. I miss them and guru too.. I can see you are going down memory lane, digging old threads and actually reading what people had to say some time back and you dismissed them Bro @Obiero, I hope you are not about to commit suicide! The symptoms are there. Relax my brother. It is just money. You have time to make some more. Some please give @Obiero a call. Wazuans with his number... Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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MaichBlack wrote:obiero wrote:@maich... Hehe. Just wanted you to know that I know everyone in this place, including young and yasserbigchair.. I miss them and guru too.. I can see you are going down memory lane, digging old threads and actually reading what people had to say some time back and you dismissed them Bro @Obiero, I hope you are not about to commit suicide! The symptoms are there. Relax my brother. It is just money. You have time to make some more. Some please give @Obiero a call. Wazuans with his number... Hahaha. U are funny.. I bought my first KQ share at KES 13.75 and I have since averaged down to total buy price of KES 8.90. Niko sawa bro. There are people with real losses.. www.businessdailyafrica....8/-/sxso80z/-/index.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:cant touch this!!! DOA [dead on arrival] So @obiero has been making sensible predictions in 2012 too  @vvs since 2006 :) eish. throwback.. :) sometimes, I move in and out of stocks as the moment dictates, indeed I had noted that at 14 the entry was unattractive for KQ in 2012, but now the corner is about to be turned. The loss to be announced on 25.06.15 shall be the last one to be heard in the next three to five years
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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obiero wrote:cant touch this!!! DOA [dead on arrival] Post 109 on 20th march, 2012.. where is the spiteful @vvs
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,102 Location: Nairobi
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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Last FULL YEAR loss TBA. Ofcourse there shall be a loss in H1. KES 7.4B loss as I forecast
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Kausha wrote:I keep wondering, where these new planes will fly to? Most of the routes in Africa are covered and in any case they need to cull some of the African routes and replace them with a few new good ones
It can't be rise in price of fuel that is making KQ make losses. Some of the extra fuel bill is as a result of expensive hedges taken haphazardly, as well as more miles flown from extra capacity. KQ added an old fuel guzzling 747-400 freighter and 3 embraers in 2012. Furthermore we all get hit with the fuel surcharge once in a while when fuel prices run out of hand.
Airline business is too volatile, competitive and margins are always under pressure. The 200B debt will most likely disorganize the airline. If KQ was run efficiently like a business with lofty ambitions and willing to back it's mouth with solid cash it should by now have accumulated 100B in equity reserves and come for some equity by way of rights before proceeding to borrow the 200B.
However this is not the case and the business has been poorly run since 2007. It hasn't generated a competitive return to give investors a sense of comfort that it can take debt to fund an ambitious expansion. Since 2007 it's reserves have remained in the lower 20B levels. Management is doing too much dreaming without necessarily backing the dreams with rigorous thought process. For me a debt of 200B for KQ to fund expansion with current management is suicidal. This will only lead to a bail out by government in the long run - (Future finance minister please create a contingency for this). @kausha has some profetic genes.. Bullseye! Life is short. Live passionately.
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Business class...try your class. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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Lanes a guy!!! Lanes. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Chief Joined: 1/3/2007 Posts: 18,102 Location: Nairobi
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obiero wrote:Last FULL YEAR loss TBA. Ofcourse there shall be a loss in H1. KES 7.4B loss as I forecast To show a profit, KQ has to make at least 7.4bn in PROFIT in 2H. Sawa. Let's bookmark this  *That's close to 5/- per share PBT in 2H* Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:cant touch this!!! DOA [dead on arrival] So @obiero has been making sensible predictions in 2012 too @vvs since 2006 :) TBT http://www.wazua.co.ke/f...ts&t=17873&p=33
Dejavu http://www.businessdaily...388406-qco15m/index.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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obiero wrote:obiero wrote:VituVingiSana wrote:[quote=obiero]cant touch this!!! DOA [dead on arrival] So @obiero has been making sensible predictions in 2012 too @vvs since 2006 :) Our court system is broken.. Who will rescue the minority shareholder http://www.businessdaily...388406-qco15m/index.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:obiero wrote:obiero wrote:VituVingiSana wrote:[quote=obiero]cant touch this!!! DOA [dead on arrival] So @obiero has been making sensible predictions in 2012 too @vvs since 2006 :) Our court system is broken.. Who will rescue the minority shareholder http://www.businessdailyafrica.com/markets/Judge-stops-bid-to-block-Kenya-Airways-share-sale/539552-1388406-qco15m/index.html  Article published TUESDAY, APRIL 17, 2012 19:05 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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Pesa Nane wrote:obiero wrote:obiero wrote:obiero wrote:VituVingiSana wrote:[quote=obiero]cant touch this!!! DOA [dead on arrival] So @obiero has been making sensible predictions in 2012 too @vvs since 2006 :) Our court system is broken.. Who will rescue the minority shareholder http://www.businessdailyafrica.com/markets/Judge-stops-bid-to-block-Kenya-Airways-share-sale/539552-1388406-qco15m/index.html Article published TUESDAY, APRIL 17, 2012 19:05 I made you look
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,508 Location: nairobi
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Tick tock
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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