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Kenya Airways...why ignore.. end 2025
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Impunity
#10601 Posted : Wednesday, August 29, 2018 11:20:19 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,335
Location: Masada
ArrestedDev wrote:
4b half year net loss. No profit at the end of the year again.

The road to recovery is long and treacherous.



Have they improved "loss-ically" compared to last year,same period?
How much billion saved this time?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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obiero
#10602 Posted : Wednesday, August 29, 2018 11:42:29 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
ArrestedDev wrote:
4b half year net loss. No profit at the end of the year again.

The road to recovery is long and treacherous.


Net loss is 2.9B. Refer to the financials
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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ArrestedDev
#10603 Posted : Wednesday, August 29, 2018 11:59:09 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
4b half year net loss. No profit at the end of the year again.

The road to recovery is long and treacherous.


Net loss is 2.9B. Refer to the financials


Paste the financials here.

https://www.businessdail...33862-14117jl/index.html
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obiero
#10604 Posted : Wednesday, August 29, 2018 1:42:19 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
ArrestedDev wrote:
obiero wrote:
ArrestedDev wrote:
4b half year net loss. No profit at the end of the year again.

The road to recovery is long and treacherous.


Net loss is 2.9B. Refer to the financials


Paste the financials here.

https://www.businessdail...3862-14117jl/index.html

@arresteddev remember USA will up KQ annual revenue by over 10%.. That's KES 10B of new revenue per annum.. KES 2.9B loss after tax is acceptable given the McKinsey, Seagull, and Bowman payouts. Inside the plane, not buying more but won't sell myself short
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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  | | Edit by user: Wednesday, August 29, 2018 1:58 PM | Reason: Not specified
VituVingiSana
#10605 Posted : Wednesday, August 29, 2018 6:32:57 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,441
Location: Nairobi
After the 4bn loss, is KQ back to Negative Equity?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#10606 Posted : Wednesday, August 29, 2018 7:33:53 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Ericsson
#10607 Posted : Wednesday, August 29, 2018 7:54:01 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
VituVingiSana wrote:
After the 4bn loss, is KQ back to Negative Equity?


When will they start giving dividends
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#10608 Posted : Wednesday, August 29, 2018 8:05:23 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
Njeru Githae was on TV pleading with tour agents to help in kq revival by providing more business
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#10609 Posted : Wednesday, August 29, 2018 8:16:02 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
After the 4bn loss, is KQ back to Negative Equity?


KQ is a consumer of capital where the majority and minority shareholders cannot be aligned. GOK blindly bought into Thatchernomics in privitising the National Carrier.
Life is short. Live passionately.
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tandich
#10610 Posted : Wednesday, August 29, 2018 8:31:41 PM
Rank: Member

Joined: 5/6/2008
Posts: 199
Results seem to have been posted without the balance sheet. I wonder why.
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