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KQ FY 2016 operating loss down to 4bn; net loss record (26.2bn)
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littledove
#1 Posted : Thursday, July 21, 2016 8:36:49 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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streetwise
#2 Posted : Thursday, July 21, 2016 8:38:58 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
The dreamer is taking off. Watch this space
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littledove
#3 Posted : Thursday, July 21, 2016 8:56:10 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
littledove wrote:
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion


Passenger numbers went up by 5%
good for kq amid fierce competition
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Spikes
#4 Posted : Thursday, July 21, 2016 9:01:03 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
littledove wrote:
littledove wrote:
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion


Passenger numbers went up by 5%
good for kq amid fierce competition



Is this material announcement? Are we expecting rocket rally? Is it doctoring books to excite the market before rights issue hammer?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Impunity
#5 Posted : Thursday, July 21, 2016 9:02:42 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
littledove wrote:
littledove wrote:
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion


Passenger numbers went up by 5%
good for kq amid fierce competition


Cooked. Believe me you.

Now what is the Net loss?
Hii story ya operating loss wachana naye.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Impunity
#6 Posted : Thursday, July 21, 2016 9:06:42 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Spikes wrote:
littledove wrote:
littledove wrote:
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion


Passenger numbers went up by 5%
good for kq amid fierce competition



Is this material announcement? Are we expecting rocket rally? Is it doctoring books to excite the market before rights issue hammer?


Albert Griffiths, lead singer of the Gladiators once sang something like "...gather the, gather the, gather the sheep....and then slaughter them..."

Something like that.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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littledove
#7 Posted : Thursday, July 21, 2016 9:09:42 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
Impunity wrote:
littledove wrote:
littledove wrote:
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion


Passenger numbers went up by 5%
good for kq amid fierce competition


Cooked. Believe me you.

Now what is the Net loss?
Hii story ya operating loss wachana naye.


loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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mlennyma
#8 Posted : Thursday, July 21, 2016 9:12:32 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Let's meet at lang'ata cemetery today and burry this carcass.
"Don't let the fear of losing be greater than the excitement of winning."
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Impunity
#9 Posted : Thursday, July 21, 2016 9:20:39 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
mlennyma wrote:
Let's meet at lang'ata cemetery today and burry this carcass.


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mlennyma
#10 Posted : Thursday, July 21, 2016 9:20:56 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
littledove wrote:
Impunity wrote:
littledove wrote:
littledove wrote:
KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion


Passenger numbers went up by 5%
good for kq amid fierce competition


Cooked. Believe me you.

Now what is the Net loss?
Hii story ya operating loss wachana naye.


loss after tax rises to Sh26.2B in 2015/16 from 2014's Sh25.7B

yes,now you have reported well,the above reporting was a public relations exercise
"Don't let the fear of losing be greater than the excitement of winning."
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