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KQ hy19 loss doubles 8.6bn; negative equity 16.2bn
muandiwambeu
#41 Posted : Wednesday, August 28, 2019 5:09:09 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
maka wrote:
obiero wrote:
xxxxx wrote:
Fyatu wrote:
obiero wrote:
[quote=guru267]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



bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math:

221000×2 = ksh. 442,000

442,000 / 0.3 = 1473333.3333 units


Isn't this the point at which 'dumb money becomes dumb'?...ati your signatureShame on you

He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue


This should be used to roll a blunt...


💣💣💣💥💥💥
,Behold, a sower went forth to sow;....
obiero
#42 Posted : Wednesday, August 28, 2019 5:13:46 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
muandiwambeu wrote:
maka wrote:
obiero wrote:
xxxxx wrote:
Fyatu wrote:
obiero wrote:
[quote=guru267]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



bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math:

221000×2 = ksh. 442,000

442,000 / 0.3 = 1473333.3333 units


Isn't this the point at which 'dumb money becomes dumb'?...ati your signatureShame on you

He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue


This should be used to roll a blunt...


💣💣💣💥💥💥

Employee disconnect with company objectives and the resultant effect has been researched world over..

KQ ABP 4.26
muandiwambeu
#43 Posted : Wednesday, August 28, 2019 8:27:08 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
obiero wrote:
muandiwambeu wrote:
maka wrote:
obiero wrote:
xxxxx wrote:
Fyatu wrote:
obiero wrote:
[quote=guru267]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



bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math:

221000×2 = ksh. 442,000

442,000 / 0.3 = 1473333.3333 units


Isn't this the point at which 'dumb money becomes dumb'?...ati your signatureShame on you

He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue


This should be used to roll a blunt...


💣💣💣💥💥💥

Employee disconnect with company objectives and the resultant effect has been researched world over..

True, but am wondering, since you have insisted on averaging down, what's your strategy sir obiero. At what point do you think this junk will be properly landed. Definitely this thing will stay there for quite a period for any urgency to worry if it will be a minute man mission.
,Behold, a sower went forth to sow;....
obiero
#44 Posted : Wednesday, August 28, 2019 8:37:24 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
muandiwambeu wrote:
obiero wrote:
muandiwambeu wrote:
maka wrote:
obiero wrote:
xxxxx wrote:
Fyatu wrote:
obiero wrote:
[quote=guru267]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



bite the bullet my brother. Offload now at 2bob and get back onboard at 0.30 cents. At 0.3 cents you will purchase 1.46 million shares..here is the math:

221000×2 = ksh. 442,000

442,000 / 0.3 = 1473333.3333 units


Isn't this the point at which 'dumb money becomes dumb'?...ati your signatureShame on you

He has a solid point.. KQ is currently worth KES 0.00 on paper, but in reality is has a value, knowing that specific value is the issue


This should be used to roll a blunt...


💣💣💣💥💥💥

Employee disconnect with company objectives and the resultant effect has been researched world over..

True, but am wondering, since you have insisted on averaging down, what's your strategy sir obiero. At what point do you think this junk will be properly landed. Definitely this thing will stay there for quite a period for any urgency to worry if it will be a minute man mission.

Will have to crash and burn.. Can't jump from 'altitude' of KES 12.53.. No sense in making any moves now, will wait for the first responder (GoK) to find us on the ground

KQ ABP 4.26
VituVingiSana
#45 Posted : Wednesday, August 28, 2019 9:16:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
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.
Buying KQ was not-so-smart like when I bought ARM expecting a turnaround. Selling KQ is a smart move. A penny saved is a penny earned.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#46 Posted : Wednesday, August 28, 2019 9:20:11 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
VWAP of 2.43 with 35,500 traded = Shs 86,433
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#47 Posted : Wednesday, August 28, 2019 9:24:32 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
VWAP of 2.43 with 35,500 traded = Shs 86,433

Non existent volume

KQ ABP 4.26
Spikes
#48 Posted : Wednesday, August 28, 2019 9:53:13 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
VituVingiSana wrote:
VWAP of 2.43 with 35,500 traded = Shs 86,433

Non existent volume

Even if the volume is non existent it dictates market price which is key in any decision making by stakeholders.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
guru267
#49 Posted : Wednesday, August 28, 2019 11:44:47 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
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.
Buying KQ was not-so-smart like when I bought ARM expecting a turnaround. Selling KQ is a smart move. A penny saved is a penny earned.


I didn't buy KQ expecting a turnaround. I had trading the stock price fluctuations and made good money from that. I bought at 2.70 expecting to sell above 3 Bob but as soon as rumours of the results started coming out I started to sell about a week ago.
Mark 12:29
Deuteronomy 4:16
guru267
#50 Posted : Wednesday, August 28, 2019 11:46:40 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
VWAP of 2.43 with 35,500 traded = Shs 86,433

Non existent volume

Even if the volume is non existent it dictates market price which is key in any decision making by stakeholders.


Tomorrow and for a few days after it should be limit down
Mark 12:29
Deuteronomy 4:16
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