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KQ FY15 Loss of Ksh. 26 Bn
hisah
#11 Posted : Thursday, July 30, 2015 12:26:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Othelo wrote:
hisah wrote:
Pesa Nane wrote:

Oh my! They still have fuel hedges?! Brick wall Pray They never learnt any lesson back in 2011.

Oil will likely slide below $30 handle once it breaks below the Jan 2015 low. Those fuel hedges will reap apart KQ. The bank holding those hedges will bleed KQ dry! Which bank(s) is this? Citi?

Citi & Standard smile

Citi. Thanks for the clarification. Now I see the bankster game. Standard is SCBK or Standard Bank?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
babaroy
#12 Posted : Thursday, July 30, 2015 12:38:04 PM
Rank: New-farer

Joined: 12/11/2013
Posts: 63
Ash Ock
#13 Posted : Thursday, July 30, 2015 1:03:55 PM
Rank: Member

Joined: 8/27/2010
Posts: 495
Location: Nairobi


Robert Alai.

Has no clue whatsoever how the aircraft industry works nor how aircraft financing works. 99% jibber-jabber.
Sent from my Black Nokia 3310
Sufficiently Philanga....thropic
#14 Posted : Thursday, July 30, 2015 1:07:35 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
The much talked about NSE rebound from 4450 levels will have to wait, thanks to #KQRebound
@SufficientlyP
Othelo
#15 Posted : Thursday, July 30, 2015 1:13:30 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Standard >>>> RSA smile . Look at the trail of the deal makers .... link is past association!!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
babaroy
#16 Posted : Thursday, July 30, 2015 1:29:07 PM
Rank: New-farer

Joined: 12/11/2013
Posts: 63
Ash Ock wrote:


Robert Alai.

Has no clue whatsoever how the aircraft industry works nor how aircraft financing works. 99% jibber-jabber.

this article was posted in march this year...the shit has finally hit the fan
innairobi
#17 Posted : Thursday, July 30, 2015 1:44:28 PM
Rank: Member

Joined: 9/2/2010
Posts: 845
Citi lured KQ into hedging first. The other banksters must have joined in the party thanks to Citi alumni.
All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
newfarer
#18 Posted : Thursday, July 30, 2015 2:23:42 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
15billion, thought it was a bad joke. The bottomless pit
punda amecheka
Aguytrying
#19 Posted : Thursday, July 30, 2015 2:41:23 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I'm more inclined to believe now than ever that gov holds KQ as a hobby. The losses don't matter
The investor's chief problem - and even his worst enemy - is likely to be himself
mlennyma
#20 Posted : Thursday, July 30, 2015 3:16:31 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Banks are the beneficiaries of sinking companies because they are left selling assets,I know their valuers are busy advising them when to punch in.
"Don't let the fear of losing be greater than the excitement of winning."
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