That is an alarming claim. No shows do happen, but not half a plane and not on domestic flights.. The empty seats may just represent arap hyena, part of the false ticketing senator nyongo was alluding to..

Waiting KQ's performance slide expected to open new doors for 2016 entry at the lowest level of 2bob. KQ is half way to my dream entry price. I'll utter wow loudly as I grace my CDSC account's generous purchasing power to my slumber land.

@obiero remember the company is operating with negative equity which translates to overpriced KQ at NSE bourse. If next loss announcement broadens further, it'll stir status quo of kes 4.5 by sending jitters amongst Wanjiko who would impulsively let it go on a free fall. Recall it is you to obey the law of gravity; however, if the law of gravity obeys you it is news. The price resistant at kes 4.5 is normal because some guys bought the share expensively and are expecting a reverse in performance which is not forth coming in the next 18 months. Finally the kes 4.5 floor will be broken, as some investors and a handful of speculators will grow impatient on government much awaited bailout, to unveil what is inside ground level.

@Spikes let me give you a basic schooling on how to value asssets.

Value of asset:ADD all foreseeable future incomes TO the expected terminal value of the asset AND discount all to the present value.

The market is saying that if you buy KQ today and hold till Jesus comes back, you will have made KShs 4.50 (give or take a few cents) in today's cash equivalent.

What you are telling us is that by the time Christ come back, you can only make KShs 2.

Well, I think @Spikes is optimistic. I value KQ shares in its current form [ceteris paribus] at zero.
1) There is no future income/profit expected for 18 months even by the ever optimistic @Obiero. It will take many years after that for profits to build up to decent levels.
2) The expected terminal value [based on today's NAV] is negative for many years. If anything, the hole gets deeper every month. [And there's the real possibility of 'dilution' by a sale of shares to a strategic partner. See ARM].
3) The current discount rate is 15% [I am using the 9-year IFB as my benchmark].

By the time you realise @spikes has taken after @vvs you will be exhausted. Spikes is turning out the proverbial cow taken to the river but can't be forced to drink. Sad.

If there is a time to actively manage portfolios both locally and internationally is now. That 'stocks for life' thread is a joke in these times. Ask @hisah.

It'll create more jilts like @vvs. That fella who said don't get married to your stocks has never been more relevant!

You and @Obiero keep on luring in ignorant investors into your trap. Others like @Kausha @VVS will keep on warning them that getting too close to the candle light flame is dangerous!

Total shares traded 45,700 so far valued at 226,550/- and with an outstanding offer of 39,000 at 5/-.

Let's break this down. 226,500/- is less than what many MPs claim as mileage allowance. Even Mumias and HAFR have each traded more value than KQ as of 2.33pm.

Comparing KORCH to KQ.. In what sense? Revenue? Issued shares?

Losses?