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Kenya Airways HY 2015 gloomy loss of 11.9bn

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mlennyma		#41 Posted : Thursday, November 12, 2015 12:57:34 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		obiero wrote: Impunity wrote: S.Mutaga III wrote: Obiero should have tapped out by now Too late, should have done that last week! Made it safely out you must be bleeding at every available body opening "Don't let the fear of losing be greater than the excitement of winning."
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dunkang		#42 Posted : Thursday, November 12, 2015 1:03:33 PM
Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831		mlennyma wrote: obiero wrote: Impunity wrote: S.Mutaga III wrote: Obiero should have tapped out by now Too late, should have done that last week! Made it safely out you must be bleeding at every available body opening WAH! Finally, Obiero dumps KQ. I also need to be brave enough and dump Mumias! Lakini hiyo loss jameni! Receive with simplicity everything that happens to you.” ― Rashi
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Othelo		#43 Posted : Thursday, November 12, 2015 1:15:46 PM
Rank: User Joined: 1/20/2014 Posts: 3,528		dunkang wrote: mlennyma wrote: obiero wrote: Impunity wrote: S.Mutaga III wrote: Obiero should have tapped out by now Too late, should have done that last week! Made it safely out you must be bleeding at every available body opening WAH! Finally, Obiero dumps KQ. I also need to be brave enough and dump Mumias! Lakini hiyo loss jameni! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Aguytrying		#44 Posted : Thursday, November 12, 2015 2:10:28 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		dunkang wrote: mlennyma wrote: obiero wrote: Impunity wrote: S.Mutaga III wrote: Obiero should have tapped out by now Too late, should have done that last week! Made it safely out you must be bleeding at every available body opening WAH! Finally, Obiero dumps KQ. I also need to be brave enough and dump Mumias! Lakini hiyo loss jameni! The most important thing is to learn the lesson, to reduce the chances of it ever happening again. " avoid gava firms and shady firms" The investor's chief problem - and even his worst enemy - is likely to be himself
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Impunity		#45 Posted : Thursday, November 12, 2015 2:11:35 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Accountants in the house, that income tax of 96 million shillings was paid for what? How can one pay income tax when you are at a loss? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Impunity		#46 Posted : Thursday, November 12, 2015 2:17:00 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Othelo wrote: mlennyma wrote: obiero wrote: Impunity wrote: S.Mutaga III wrote: Obiero should have tapped out by now Too late, should have done that last week! Made it safely out you have tried to milk a bull for so long.one dj must be saying this is bullshit men!!! OBIERO'S portfolio: COOP 7,200, HF 1,300, KEGN 1,600, KQ 500 500 shares a@4 bobo = 2000 shillings net worth! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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watesh		#47 Posted : Thursday, November 12, 2015 2:19:15 PM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		Aguytrying wrote: dunkang wrote: mlennyma wrote: obiero wrote: Impunity wrote: S.Mutaga III wrote: Obiero should have tapped out by now Too late, should have done that last week! Made it safely out you must be bleeding at every available body opening WAH! Finally, Obiero dumps KQ. I also need to be brave enough and dump Mumias! Lakini hiyo loss jameni! The most important thing is to learn the lesson, to reduce the chances of it ever happening again. " avoid gava firms and shady firms" Stock price should go down to Ksh1
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Cornelius Vanderbilt		#48 Posted : Thursday, November 12, 2015 2:26:25 PM
Rank: Member Joined: 8/15/2015 Posts: 817		souring to new losses! thank goodness for averaging down.NEVER TAKE A LOSS
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Swenani		#49 Posted : Thursday, November 12, 2015 2:27:22 PM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		Impunity wrote: Accountants in the house, that income tax of 96 million shillings was paid for what? How can one pay income tax when you are at a loss? Maybe it was deferred income tax. P.S.I'mnot an accountant but a fish monger If Obiero did it, Who Am I?
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Impunity		#50 Posted : Thursday, November 12, 2015 2:28:01 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Looking at the results with a clearer goggles, I can see that the ndevo is 4.8 Billion, so called other cost...what cost is this? The operating cost, which ideally is what the management has direct control over has been reduced drastically from 10.5 billion loss to a mere 2 billion loss; the finance cost is 3.5 billion and is a once-off...this is the cost incurred in acquiring the 200 million dollar loan majorly;Fuel derivative contract was signed on stone so @Obiero cant do much as at now...Shida ni hii OTHER COST...if its a once-off then I can say this is the lowest point for the Obiero GEM...it can only move up now. Ceteris Paribus, the half year LOSS is actually 2. billion only! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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