You are forgetting the fact that even kes 3.50/-was thought impossible by @obiero group! It has now come to pass. I reviewed my entry strategy to 50cents and still patient. KES 2bob as things stand is too expensive!!! You are lied to by men in black suits and red ties, while releasing results, whose credentials are questionable. MIBs plus red ties disguised as executives representing shareholders shouting from the rooftops about POSITIVE OPERATING PROFIT to entice their employer who happens to be the government of Kenya from sacking them. They kept mute on NEGATIVE EQUITY and ballooning NET LOSS.


Hii ni ya kula na macho for now till a heavy plunge to 50CENTS.

If this stock can rally on expectation of reduced loss, what will happen when we turn a profit.. Fundies are for the weak hearted. We work with inside information. Granted, government firms are not easy to deal in, but we must remember that KQ once traded at KES 126 and based on volume analysis majority of those who witnessed that price are yet to sell. This is a fact

Finance 101, a company with Negative Equity is worth nothing to the Equity holders. In fact it is a liability to shareholders who have unpaid shares.

The only sane thing to do with KQ is to lend to the company and make sure the loan is secured. Lenders will make 20% while ignorant shareholders wait for the company to reverse -Ve 60B capital in the next 30 years.

Your point being?

Still don't see the point. What I see is someone holding on the "too big to fail" tag.

Negwo mani..

Better use that 700K to buy some kwota acre in Kamulu and hold for 3 years and sell at tripple the aomunt...KQ will still be sub 2 bob in 3 years plus naught dividend in the period.