Kenya Airways Half Year 2017/2018 loss of sh.3.8bn - Stocks - Wazua

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Kenya Airways Half Year 2017/2018 loss of sh.3.8bn

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Ericsson		#1 Posted : Friday, November 17, 2017 8:35:35 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Loss after tax at sh.3.8bn compared to 4.8bn last year Passenger numbers grew by 3.3% to 2.3mn Operating profit grew by 52% to Kes 1,443 Million,overheads down by 8.9%, with a 20.5% decrease in loss after tax Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#2 Posted : Friday, November 17, 2017 10:34:47 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		Ericsson wrote: Loss after tax at sh.3.8bn compared to 4.8bn last year Passenger numbers grew by 3.3% to 2.3mn Operating profit grew by 52% to Kes 1,443 Million,overheads down by 8.9%, with a 20.5% decrease in loss after tax Break-even possibly in sight for 2018-19 after the share conversion by KQ Lenders Co and a successful Rights Issue, with savings on interest payments, BUT KQ still remains uninvestable for me unless the price drops substantially and reflects a sensible PEG & PER. BTW, Mikosz said the KLM-KQ JV is good for KQ. They want to add AF to the mix. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Pesa Nane		#3 Posted : Friday, November 17, 2017 11:57:19 AM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane		#4 Posted : Friday, November 17, 2017 12:03:49 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane		#5 Posted : Friday, November 17, 2017 12:08:13 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Pesa Nane plans to be shilingi when he grows up.
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Ericsson		#6 Posted : Friday, November 17, 2017 2:01:56 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		KQ lenders have nominated Ms Carol Musyoka and Martin Oduor-Otieno to represent them in the board. Kenya Government has nominated Mrs Esther J.Koimett KLM has nominated Jos Veenstra Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Ericsson		#7 Posted : Friday, November 17, 2017 3:13:44 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Pesa Nane wrote: Even after the share restructuring the company will still be in negative equity. ksh.44.2bn of debt is what has been converted to equity Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana		#8 Posted : Saturday, November 18, 2017 4:06:07 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		Ericsson wrote: KQ lenders have nominated Ms Carol Musyoka and Martin Oduor-Otieno to represent them in the board. Kenya Government has nominated Mrs Esther J.Koimett KLM has nominated Jos Veenstra Wasn't koimett the one who grabbed (prime) Railways houses? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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obiero		#9 Posted : Saturday, November 18, 2017 7:19:51 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		VituVingiSana wrote: Ericsson wrote: KQ lenders have nominated Ms Carol Musyoka and Martin Oduor-Otieno to represent them in the board. Kenya Government has nominated Mrs Esther J.Koimett KLM has nominated Jos Veenstra Wasn't koimett the one who grabbed (prime) Railways houses? No, that was the father.. KQ ABP 4.26
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obiero		#10 Posted : Saturday, November 18, 2017 7:32:29 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		Ericsson wrote: Pesa Nane wrote: Even after the share restructuring the company will still be in negative equity. ksh.44.2bn of debt is what has been converted to equity Between the two of us, one has a challenge with reading.. See page 16 in regards to the equity position http://www.winda.co.ke/projectsafari.pdf KQ ABP 4.26
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