obiero wrote:the deal wrote:Looks like bad results already baked into share price...
Absolutely! A price recovery could happen.. Not likely, but possible
Even if you want to participate riding in the purportedly price recovery which may never happen very soon you as a person @obiero I assure you will remain a loser because your ABP is monumental.Averaging down alone to bring price to around KES 4.50 will cost you a fortune chasing a monkey! I always insist #watch and unlearn your current trading strategies.
Things @obiero and crew MUST unlearn about KQ to stay synchronized in NSE profit making:
1.that The Pride of Africa is too big to fail because of government bailouts and guarantees. Government involvement has never stopped share price from dropping down like a rotten egg.
2. that loose change after the cost of Boeing 777 or 787 engine can buy NSE monkey MSC . How is this kind of reasoning adding value on KQ financial performance?
3. that there is a likelihood of a jump in revenue growth and KQ has potential of over KES 100bn revenue...this is very risk because analyzing one element in the profit equation is vague
4. that the chairman of the board is no-nonsense MJ...Yes he can be a genius but the competition in aviation industry is global and telcos is mostly local
5. that big boys are trapped inside therefore I am not alone...this can not be a trading strategy. KQLC were caught unawares and were forced to carry a cross of others[KQ poor management]
John 5:17 But Jesus replied, “My Father is always working, and so am I.”