@mvufanisi i've just seen trades for this stock cross 1 million shares.... the bulls are going drive this stock all the way to above 70bob...

@mv-ufanisi please explain why you think KQ will benefit overly from the world cup.

IMHO the only way that KQ will benefit is if it has alot of idle capacity that it will utilise during the world cup month. Otherwise it will have to charge above normal rates. I don't see KQ charging above normal rates due to the competition with other airlines on the europe-africa routes.

Furthermore, the worldcup will only last one month and i expect the operating costs to increase substantially.

I have a feeling that speculation is very high on this stock.

@kaufman yes I am on record that as saying that IMHO, KQ is highly speculated on. You remind me of some lively debate that used to go on and on about equity, until the share got stuck in what appears like very thick mud. What, in your view is the true value of KQ based on fundamentals?

KQ keeps moving. almost 2 million shares bought today. The crazy thing about human psychology is that this share looks more attractive than it did at 19 Kshs.

@guru - How is it over-valued?

The MINIMUM I expect for EPS is 5/- (without the hedge gains)...
I think it will do 5-7 as EPS & that includes the bad 1/2 year when the KQ staff went on strike...