I think there is always an un-written disclaimer to all advice in Wazua: "It's not Gospel truth"

@vvs lost a lot of money in KQ and thus he must be treated in a special manner when discussing this firm. Point here is that I am still in KQ but will not average down, atleast not until release of H1 in a few days time. As for the turnaround, the CEO himself told me it will not take less than 18months, so why should I hold onto my target for 6months. Only a fool doesnt change his mind and the road to riches is a personal one. Tafakari hayo

Profits (EBT) (KSh m) From 2003 to 2015 ascending:
547
2,075
5,520
6,960
5,975
6,526
−5,664
2,671
5,002
2,146
−10,826
−4,861
-29,710
@spikes unanchekesha. KQ has never made a profit exceeding KES 6.9B.. It is unlikely that they will get 25B in 18months seeing as there is determined reduction in total fleet size as part of cost cutting measures

I like that.....Wazuans the Kingdom of NSE market is entered like a small child.....

I changed my mind on KQ long time ago during the Rights Issue when the Management & Board stayed clear of buying shares in KQ. I was like you. I refused to listen to the likes of @Horton @Njunge among others even when they presented data & logic. MY EXPENSIVE MISTAKE.
As a public service, I tried and tried and tried to change your mind. Has there been anyone who has spent so much time/effort trying to make you learn/understand from my experiences?
In a Bull Market, we become know-it-alls. I know. I was one. In a Bear Market we learn the realities of the Random Walk. I know. I paid the price.

If you have truly changed your mind then my work here is done.

Open Skies. Coming soon. I hope.

http://www.businessdaily.../-/b0ji4vz/-/index.html

It's ridiculous how much we pay to Entebbe. We need open skies to encourage more movement of people within EAC.

And Emirates has added seats to Nairobi. Flying only 777s on this route while KQ sold/leased their 777s.

"The Dubai-Nairobi route is doing very well for us and we believe the extra capacity meets a growing demand for our services to and from Kenya."

http://www.businessdaily.../-/e7rx73z/-/index.html

Compare KQ vs Emirates

Is the current turmoil in the global currency markets a deep concern to Emirates?

"As a global business, we are not immune to currency fluctuations. In our last fiscal year, our bottom line was impacted by currency fluctuations which limited the profitability boost from lower oil prices. However, we still managed to post our best financial results to date, which is testimony to the strength of our brands and business fundamentals, as well as the dedication of our workforce."

Anything higher in losses ie more than kes7bn in this bear expect a loose drop to 2 bob !!!! of course that is a pure buy. Average down .....average down folks.

KQ has no 767s in its fleet.. https://www.kenya-airway...e_We_Fly/Fleet/KQ_Fleet/

KQ has 767s in their books check pg38 of KQ 2015 ANNUAL REPORT.

Naikuni had said the 767s would pave way for the Dreamliners "The B787-8 aircraft will replace the
B767-300s on a one for one basis." Check pg 36 Kq 2014 ANNUAL REPORT

If i extrapolate your logic, Are home afrika and mumias a buy because they are below 2 bob? Approach stocks slowly and avoid monkeys like KQ, HAFR and you will survive