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Kenya Airways...why ignore..
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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omega wrote:obiero wrote:@ the exchange bar.. word is out; 7.8B new shares needed to cover 48B conversion of GoK and financiers debt at KES 25B & 23B, respectively.. Share price agreed between parties for purchase is KES 7.2.. Fundamentally, KQ has obtained a new lease of life. Due to this fact, National Assembly has agreed to pass the Sessional Paper 3 in Wednesday's sitting. I sit tight, noting that in stock investment you must be prepared mentally to loose everything or gain it all.. 7.8B plus the current issued shares (1.5B) comes to 9.3B. If we use a profit after tax of 3.5B (2011), which is best result that KQ has managed in the last ten years, then the EPS would be 0.38. With a generous PE of 10, it would then trade at ksh 3.8 per share. Given the full recovery is a way off, I wouldn't be surprised if KQ traded at below ksh 2 per share. What if we use KQ's current operating profit without finance costs? Life is short. Live passionately.
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Rank: Member Joined: 6/9/2009 Posts: 85
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sparkly wrote:omega wrote:obiero wrote:@ the exchange bar.. word is out; 7.8B new shares needed to cover 48B conversion of GoK and financiers debt at KES 25B & 23B, respectively.. Share price agreed between parties for purchase is KES 7.2.. Fundamentally, KQ has obtained a new lease of life. Due to this fact, National Assembly has agreed to pass the Sessional Paper 3 in Wednesday's sitting. I sit tight, noting that in stock investment you must be prepared mentally to loose everything or gain it all.. 7.8B plus the current issued shares (1.5B) comes to 9.3B. If we use a profit after tax of 3.5B (2011), which is best result that KQ has managed in the last ten years, then the EPS would be 0.38. With a generous PE of 10, it would then trade at ksh 3.8 per share. Given the full recovery is a way off, I wouldn't be surprised if KQ traded at below ksh 2 per share. What if we use KQ's current operating profit without finance costs? That would be a disaster as 2017 operating profit was 897 M. That's an EPS of .096 (.897/9.3). I am being generous with 2011 financial results.
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Rank: Elder Joined: 6/23/2009 Posts: 13,796 Location: nairobi
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omega wrote:sparkly wrote:omega wrote:obiero wrote:@ the exchange bar.. word is out; 7.8B new shares needed to cover 48B conversion of GoK and financiers debt at KES 25B & 23B, respectively.. Share price agreed between parties for purchase is KES 7.2.. Fundamentally, KQ has obtained a new lease of life. Due to this fact, National Assembly has agreed to pass the Sessional Paper 3 in Wednesday's sitting. I sit tight, noting that in stock investment you must be prepared mentally to loose everything or gain it all.. 7.8B plus the current issued shares (1.5B) comes to 9.3B. If we use a profit after tax of 3.5B (2011), which is best result that KQ has managed in the last ten years, then the EPS would be 0.38. With a generous PE of 10, it would then trade at ksh 3.8 per share. Given the full recovery is a way off, I wouldn't be surprised if KQ traded at below ksh 2 per share. What if we use KQ's current operating profit without finance costs? That would be a disaster as 2017 operating profit was 897 M. That's an EPS of .096 (.897/9.3). I am being generous with 2011 financial results. At the end as per the cautionary announcement, we only need to wait and see.. No one truly knows where the dice will land. For KQ to have traded at a high of KES 7.7 with a loss position and negative working capital, shows higher promise in the firm's future than most people believe
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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omega wrote:obiero wrote:@ the exchange bar.. word is out; 7.8B new shares needed to cover 48B conversion of GoK and financiers debt at KES 25B & 23B, respectively.. Share price agreed between parties for purchase is KES 7.2.. Fundamentally, KQ has obtained a new lease of life. Due to this fact, National Assembly has agreed to pass the Sessional Paper 3 in Wednesday's sitting. I sit tight, noting that in stock investment you must be prepared mentally to loose everything or gain it all.. 7.8B plus the current issued shares (1.5B) comes to 9.3B. If we use a profit after tax of 3.5B (2011), which is best result that KQ has managed in the last ten years, then the EPS would be 0.38. With a generous PE of 10, it would then trade at ksh 3.8 per share. Given the full recovery is a way off, I wouldn't be surprised if KQ traded at below ksh 2 per share. Even God's would be wrong to let all these prophecies of a tumbili KQ not come true. Fundamentally, we can not be wrong too now. ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 5/6/2008 Posts: 199
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tandich wrote:Where can one obtain the Sessional Paper mentioned in the Business Daily article? Anyone?
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Rank: Elder Joined: 12/4/2009 Posts: 10,779 Location: NAIROBI
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tandich wrote:tandich wrote:Where can one obtain the Sessional Paper mentioned in the Business Daily article? Anyone? According to the 2015-2016 annual report Co-op bank was biggest lenders. Kcb had refused to extend payment of short term lending. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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tandich wrote:tandich wrote:Where can one obtain the Sessional Paper mentioned in the Business Daily article? Anyone? 1. Treasury 2. Cabinet 3. The reporter who published the story Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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@Obiero you were busy calling Wazuans deragotory names .You refuted calls for early exit.Now the lightening has struck your only darling at NSE leaving your pocket badly maimed. I guess you have been forced to scamper for safety and to avoid being a laughing stock you have pulled down portfolio signature footnotes to avert persistent derision. Pole brother. Umekubali kufa kiume. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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As KQ nosedives into the red sea speculators are held captive just a tip of the tail visible far distant John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/7/2012 Posts: 11,924
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sparkly wrote:tandich wrote:tandich wrote:Where can one obtain the Sessional Paper mentioned in the Business Daily article? Anyone? 1. Treasury 2. Cabinet 3. The reporter who published the story Government Printers  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,796 Location: nairobi
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Spikes wrote:@Obiero you were busy calling Wazuans deragotory names .You refuted calls for early exit.Now the lightening has struck your only darling at NSE leaving your pocket badly maimed. I guess you have been forced to scamper for safety and to avoid being a laughing stock you have pulled down portfolio signature footnotes to avert persistent derision. Pole brother. Umekubali kufa kiume. Haha.. Tuko area clown.. These are the market forces on slim trades
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:@Obiero you were busy calling Wazuans deragotory names .You refuted calls for early exit.Now the lightening has struck your only darling at NSE leaving your pocket badly maimed. I guess you have been forced to scamper for safety and to avoid being a laughing stock you have pulled down portfolio signature footnotes to avert persistent derision. Pole brother. Umekubali kufa kiume. Haha.. Tuko area clown.. These are the market forces on slim trades  You mean you haven't developed loose stool as we expect tempo of heading south to increase at the end of the week? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,796 Location: nairobi
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Spikes wrote:obiero wrote:Spikes wrote:@Obiero you were busy calling Wazuans deragotory names .You refuted calls for early exit.Now the lightening has struck your only darling at NSE leaving your pocket badly maimed. I guess you have been forced to scamper for safety and to avoid being a laughing stock you have pulled down portfolio signature footnotes to avert persistent derision. Pole brother. Umekubali kufa kiume. Haha.. Tuko area clown.. These are the market forces on slim trades You mean you haven't developed loose stool as we expect tempo of heading south to increase at the end of the week? Hehe. It's quite firm.. These are temporary pull backs but I do have a stop loss figure
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:@Obiero you were busy calling Wazuans deragotory names .You refuted calls for early exit.Now the lightening has struck your only darling at NSE leaving your pocket badly maimed. I guess you have been forced to scamper for safety and to avoid being a laughing stock you have pulled down portfolio signature footnotes to avert persistent derision. Pole brother. Umekubali kufa kiume. Haha.. Tuko area clown.. These are the market forces on slim trades You mean you haven't developed loose stool as we expect tempo of heading south to increase at the end of the week? Hehe. It's quite firm.. These are temporary pull backs but I do have a stop loss figure Hahaha the blue section is the only source of entertainment in Wazua these days Life is short. Live passionately.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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I wish I sold this thing on the week Mikosz landed in Kenya. How Saad...so locked in ad infitum. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:@Obiero you were busy calling Wazuans deragotory names .You refuted calls for early exit.Now the lightening has struck your only darling at NSE leaving your pocket badly maimed. I guess you have been forced to scamper for safety and to avoid being a laughing stock you have pulled down portfolio signature footnotes to avert persistent derision. Pole brother. Umekubali kufa kiume. Haha.. Tuko area clown.. These are the market forces on slim trades You mean you haven't developed loose stool as we expect tempo of heading south to increase at the end of the week? Hehe. It's quite firm.. These are temporary pull backs but I do have a stop loss figure Hahaha the blue section is the only source of entertainment in Wazua these days Me thinks he had developed hard stool due to persistent constipation. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/23/2009 Posts: 13,796 Location: nairobi
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Impunity wrote:sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:@Obiero you were busy calling Wazuans deragotory names .You refuted calls for early exit.Now the lightening has struck your only darling at NSE leaving your pocket badly maimed. I guess you have been forced to scamper for safety and to avoid being a laughing stock you have pulled down portfolio signature footnotes to avert persistent derision. Pole brother. Umekubali kufa kiume. Haha.. Tuko area clown.. These are the market forces on slim trades You mean you haven't developed loose stool as we expect tempo of heading south to increase at the end of the week? Hehe. It's quite firm.. These are temporary pull backs but I do have a stop loss figure Hahaha the blue section is the only source of entertainment in Wazua these days Me thinks he had developed hard stool due to persistent constipation. Haha. Msikonde wenzangu.. Hii ndio inaitwa soko la hisa. We know exactly how this thing will end.. Buy now or forever keep your peace, but only if you know when to jump ship. Long termers are on the money
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Member Joined: 5/21/2014 Posts: 184
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Triple pain.... 1. Debt restructuring 2. Injection of fresh capital required 3. outcome might not reflect the effort as there are many external factors at play. There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Member Joined: 3/20/2008 Posts: 503
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obiero wrote:
Haha. Msikonde wenzangu.. Hii ndio inaitwa soko la hisa. We know exactly how this thing will end.. Buy now or forever keep your peace, but only if you know when to jump ship. Long termers are on the money
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. With KQ, the above quote is right on point.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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im a buyer at kshs 2 and below.someone reminds me pliz when it reaches their so that i dont miss. Towards the goal of financial freedom
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