Compared to what? for a portfolio with 5 counters..KQ is unlikely to make the cut..a bigger portfolio..may be..
personally..my mind has not been changed since i first put up this thread.. declining margins are NOT a mark of prudent investing..but that is me.. for share traders..relying basically on technicals..kq is nice to play with.. since this thread started it dropped from 58 to 46 went up again n is on way down to about 44 then up again blah blah blah..if you want to play..play..
Other reasons to buy is that its unique share..yaani no other airline..doing better than other airlines..blah blah blah..

Fact our market is so small means the share price trend will reflect whole market trend..rise with everything..fall wih everything..
so much story..buy or not..its up to you. but me..opportunity cost matters..
I'd rather 8 safcom shares to 1 KQ

Cool.

KQ now at 34. This thread is now very interesting to read....

..7 months later..and if i put up this thread anew i would still stand by it...
Kenya Airways...why ignore..
though i'd adjust for speculative purposes..to allow a buy now..
Bwana Deal..where art thou?... n ofcourse...QW

Nice dream..i didn't buy before..when you bought..and it went full cycle to where it is now.. 33 bob...
if i buy it now.. the difference between u and i is "time value for money" 33 bob in my pocket over the last 3 years has done so much for me compared to you handsome return of 4 bob in dividends ove same period.. unless of course u traded the share over the period to take in capital gains..on which i'd admire you of course.. but i doubt that.