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KQ hy19 loss doubles 8.6bn; negative equity 16.2bn
guru267
#21 Posted : Wednesday, August 28, 2019 10:59:16 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
obiero wrote:
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!

Luckily no seller. You have to feel sorry for KQLC.. Atleast, minority shareholders always knew things were elephant and voice it out at the AGMs, crying out loud for a dividend.. KQLC bought at KES 8.52 just two years ago.. Imagine that!!! Kweli dunia hufunza


At least you can derive one learning experience from this. Never risk your entire portfolio by averaging down a monkey.

Disembark and take the KES 500K while you still can and run. A KES 2M loss will not be the end of the world.
Mark 12:29
Deuteronomy 4:16
HaMaina
#22 Posted : Wednesday, August 28, 2019 11:02:35 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!


500,000 @ 0.51 placed. KQ is looking tastier by the minute.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
obiero
#23 Posted : Wednesday, August 28, 2019 11:19:30 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
HaMaina wrote:
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!


500,000 @ 0.51 placed. KQ is looking tastier by the minute.

This is now getting interesting.. Negative equity aside.. WIll GoK place a buyout offer at KES 0.50 for a firm with annual turnover in excess of KES 120B.. Will KQLC accept such an offer? What about minority shareholders who by and large purchased at avg KES 21 per share.. What was the motive in passing the KES 3.4B impairment adjustments during H1 2019 results. Is someone looking to get KQ at a song?

KQ ABP 4.26
Ericsson
#24 Posted : Wednesday, August 28, 2019 11:33:12 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
HaMaina wrote:
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!


500,000 @ 0.51 placed. KQ is looking tastier by the minute.

This is now getting interesting.. Negative equity aside.. WIll GoK place a buyout offer at KES 0.50 for a firm with annual turnover in excess of KES 120B.. Will KQLC accept such an offer? What about minority shareholders who by and large purchased at avg KES 21 per share.. What was the motive in passing the KES 3.4B impairment adjustments during H1 2019 results. Is someone looking to get KQ at a song?


10% limit rule lifted to allow the counter to slide further down.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Spikes
#25 Posted : Wednesday, August 28, 2019 12:06:58 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Ericsson wrote:
obiero wrote:
HaMaina wrote:
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!


500,000 @ 0.51 placed. KQ is looking tastier by the minute.

This is now getting interesting.. Negative equity aside.. WIll GoK place a buyout offer at KES 0.50 for a firm with annual turnover in excess of KES 120B.. Will KQLC accept such an offer? What about minority shareholders who by and large purchased at avg KES 21 per share.. What was the motive in passing the KES 3.4B impairment adjustments during H1 2019 results. Is someone looking to get KQ at a song?


10% limit rule lifted to allow the counter to slide further down.


Absolutely! To allow market forces establish equilibrium without interference. This stock right now is too expensive...in a couple of weeks real market price will be found for speculative strategies.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
HaMaina
#26 Posted : Wednesday, August 28, 2019 12:10:26 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Spikes wrote:
Ericsson wrote:
obiero wrote:
HaMaina wrote:
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!


500,000 @ 0.51 placed. KQ is looking tastier by the minute.

This is now getting interesting.. Negative equity aside.. WIll GoK place a buyout offer at KES 0.50 for a firm with annual turnover in excess of KES 120B.. Will KQLC accept such an offer? What about minority shareholders who by and large purchased at avg KES 21 per share.. What was the motive in passing the KES 3.4B impairment adjustments during H1 2019 results. Is someone looking to get KQ at a song?


10% limit rule lifted to allow the counter to slide further down.


Absolutely! To allow market forces establish equilibrium without interference.


Someone has placed a bid @ 0.30Ksh. Something is not adding up here.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
obiero
#27 Posted : Wednesday, August 28, 2019 12:45:38 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
HaMaina wrote:
Spikes wrote:
Ericsson wrote:
obiero wrote:
HaMaina wrote:
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!


500,000 @ 0.51 placed. KQ is looking tastier by the minute.

This is now getting interesting.. Negative equity aside.. WIll GoK place a buyout offer at KES 0.50 for a firm with annual turnover in excess of KES 120B.. Will KQLC accept such an offer? What about minority shareholders who by and large purchased at avg KES 21 per share.. What was the motive in passing the KES 3.4B impairment adjustments during H1 2019 results. Is someone looking to get KQ at a song?


10% limit rule lifted to allow the counter to slide further down.


Absolutely! To allow market forces establish equilibrium without interference.


Someone has placed a bid @ 0.30Ksh. Something is not adding up here.

And who would have thought that Michael Joseph could participate in such treachery.. He is the buyer!

KQ ABP 4.26
guru267
#28 Posted : Wednesday, August 28, 2019 12:58:11 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices.
Mark 12:29
Deuteronomy 4:16
rwitre
#29 Posted : Wednesday, August 28, 2019 1:03:41 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
HaMaina wrote:
Spikes wrote:
Ericsson wrote:
obiero wrote:
HaMaina wrote:
chiaroscuro wrote:
obiero wrote:
Blukes
Spikes wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
rwitre wrote:
HaMaina wrote:
Still watching this bird, currently @ 2.60ksh and looking tastier. If I buy @ Ksh 2.60 now it would be the same as someone I know buying @ 2.60/4(consolidation)= 0.65Ksh


People are being encouraged to live healthily and you're out here looking for ways to increase your blood pressure.

@HaMaina I do not recommend that you buy this stock but I will tell you for a fact that it will be back to KES 8.52 or higher! Thank me later

I have to ask... Is there anyone who actually bought KQ shares on @Obiero's recommendation?

@guru267 @snifadog @whiteowl @thedeal @impunity and many other vibrant traders who at the moment lack courage to state their position .. I make people think


Why do you think they are afraid to declare their position?


I now know why they are afraid of declaring their positions because you make them think they are vibrant traders.
Applause Applause Applause

wrote:
Laughing out loudly Laughing out loudly did I just see something like 50cents print on demand price?!
Bleeding

Kuwa serious!


Ni serious!

200,000 @ 0.50 buy order is on the board.

Ni kubaya!


500,000 @ 0.51 placed. KQ is looking tastier by the minute.

This is now getting interesting.. Negative equity aside.. WIll GoK place a buyout offer at KES 0.50 for a firm with annual turnover in excess of KES 120B.. Will KQLC accept such an offer? What about minority shareholders who by and large purchased at avg KES 21 per share.. What was the motive in passing the KES 3.4B impairment adjustments during H1 2019 results. Is someone looking to get KQ at a song?


10% limit rule lifted to allow the counter to slide further down.


Absolutely! To allow market forces establish equilibrium without interference.


Someone has placed a bid @ 0.30Ksh. Something is not adding up here.


Hao ni wachokozi Laughing out loudly Laughing out loudly Laughing out loudly
obiero
#30 Posted : Wednesday, August 28, 2019 1:04:24 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
guru267 wrote:
Just sold my last shares in this monkey at 2.39. My average sell price is 2.49 giving a loss of around 8%. Will be waiting to see if it goes below 1 Bob as there might be a new trading opportunity at those prices.

I'm conflicted right about now.. 81% in the red but with such an insane price on offer, what should stop me from using leverage if necessary to bring the buy price to circa KES 4 down from current KES 12.53. Will KQ be nationalized at KES 0.50 to the 80,000 minority shareholders.. This is murder in the first degree walai. Ni kama drama. Ni kama video

KQ ABP 4.26
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