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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Never get married to a stock. Madam guru advised here when others fell hard with KK. Unfortunately she got married to HAFR "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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hisah wrote:obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. @hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :) COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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murchr wrote:Never get married to a stock. Madam guru advised here when others fell hard with KK. Why mention guru on such a solemn topic. Please reach her on the HAFR thread. This is the humble proposal of a lion that has been rained on, slightly.. :) Total KQ holding 63,800 Average buy price KES 8.6 Todays worth, KES 5.35 per share Initial outlay KES 548,680 Current takehome KES 341,000 37% equity downturn at KES 207,000 COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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^^^^@obiero, I would advice you not exit during the current bear, hold on coz I see the share touching 8-9 bob within a year or so, this will be due to imoproved result announcement in the coming year...they will be losses by improvements. Plus the tourism sector is recovering,Lufthansa just started pouring in Germans, some will be shuttled across Africa by KQ,plus this was the lowest point for KQ, now the only left direction is upwards. My many cents advice. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Impunity wrote:^^^^@obiero,
I would advice you not exit during the current bear, hold on coz I see the share touching 8-9 bob within a year or so, this will be due to imoproved result announcement in the coming year...they will be losses by improvements. Plus the tourism sector is recovering,Lufthansa just started pouring in Germans, some will be shuttled across Africa by KQ,plus this was the lowest point for KQ, now the only left direction is upwards. My many cents advice.
If he gives the proceeds to Sirkal, in that 1yr he'll have a sure 20% back then see where best to jump and make another kill.Ngunze said recovery is minimum 18 months. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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Impunity wrote:^^^^@obiero,
I would advice you not exit during the current bear, hold on coz I see the share touching 8-9 bob within a year or so, this will be due to imoproved result announcement in the coming year...they will be losses by improvements. Plus the tourism sector is recovering,Lufthansa just started pouring in Germans, some will be shuttled across Africa by KQ,plus this was the lowest point for KQ, now the only left direction is upwards. My many cents advice.
@impunity thanks for the wise counsel. However, the goose/mbuzi is cooked.. There is no turning back for me due a pressing financial matter. I remain acutely aware that the fundamentals of this firm have always been strong, but were faced with a weak management and terrible luck on the macroeconomic front in the past 24 months. I do not recommend a sell for anyone else as at now.. On H1 results release date I shall issue a buy/hold/sell recommendation for my beloved wazua republic COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Member Joined: 1/3/2014 Posts: 257
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obiero wrote:hisah wrote:obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. @hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :) Having been a strong advocate, this must have been a tough decision for @obiero. All the best in our plans. One thing I like is you have constantly been open on your moves.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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snipermnoma wrote:obiero wrote:hisah wrote:obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. @hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :) Having been a strong advocate, this must have been a tough decision for @obiero. All the best in our plans. One thing I like is you have constantly been open on your moves. I am sad that @Obiero is divorcing KQ and sadder that he is taking a substantial loss. Anyway all the best @Obiero and remember the lessons learnt: 1. First rule of an investor is not to lose money. Consider the downside and have a margin of safety. My insurance is an assured dividend even when stock is down. 2. Cut your losses. When speculating, know when to exit a losing position before it is too late. 3. Take control of your emotions. stocks will go up, stocks will go down. Emotions will tell you to buy when stocks are up and sell when down. DO the opposite. 4. Understand your investment. You are buying part of a company so take time to understand its business. 5. Last but not least airlines are not good investments. They make money for everyone else apart from the shareholders. Keep away. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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sparkly wrote:snipermnoma wrote:obiero wrote:hisah wrote:obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. @hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :) Having been a strong advocate, this must have been a tough decision for @obiero. All the best in our plans. One thing I like is you have constantly been open on your moves. I am sad that @Obiero is divorcing KQ and sadder that he is taking a substantial loss. Anyway all the best @Obiero and remember the lessons learnt: 1. First rule of an investor is not to lose money. Consider the downside and have a margin of safety. My insurance is an assured dividend even when stock is down. 2. Cut your losses. When speculating, know when to exit a losing position before it is too late. 3. Take control of your emotions. stocks will go up, stocks will go down. Emotions will tell you to buy when stocks are up and sell when down. DO the opposite. 4. Understand your investment. You are buying part of a company so take time to understand its business. 5. Last but not least airlines are not good investments. They make money for everyone else apart from the shareholders. Keep away. @sparkly. asante.. the rules you outline above are well and good but only apply to a speculator, not a long term investor. especially number 5 which is a European-American fallacy.. KQ once made outsized gains for its shareholders. The airline has been through alot including two place crashes, the JKIA fire, unfavorable court rulings on staff policy, terrorism attacks.. all these are part of the slide in profitability, but the bird is still in the air COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:sparkly wrote:snipermnoma wrote:obiero wrote:hisah wrote:obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. @hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :) Having been a strong advocate, this must have been a tough decision for @obiero. All the best in our plans. One thing I like is you have constantly been open on your moves. I am sad that @Obiero is divorcing KQ and sadder that he is taking a substantial loss. Anyway all the best @Obiero and remember the lessons learnt: 1. First rule of an investor is not to lose money. Consider the downside and have a margin of safety. My insurance is an assured dividend even when stock is down. 2. Cut your losses. When speculating, know when to exit a losing position before it is too late. 3. Take control of your emotions. stocks will go up, stocks will go down. Emotions will tell you to buy when stocks are up and sell when down. DO the opposite. 4. Understand your investment. You are buying part of a company so take time to understand its business. 5. Last but not least airlines are not good investments. They make money for everyone else apart from the shareholders. Keep away. @sparkly. asante.. the rules you outline above are well and good but only apply to a speculator, not a long term investor. especially number 5 which is a European-American fallacy.. KQ once made outsized gains for its shareholders. The airline has been through alot including two crashes, the JKIA fire, unfavorable court rulings on staff policy, terrorism attacks.. all these are part of the slide in profitability, but the bird is still in the air That us the airline industry now. Highly volatile. It can make So much profits in a decade and wipe it out in just a few months. Here interests of the other people are put first and those of shareholders ignored. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Boris Boyka wrote:Impunity wrote:^^^^@obiero,
I would advice you not exit during the current bear, hold on coz I see the share touching 8-9 bob within a year or so, this will be due to imoproved result announcement in the coming year...they will be losses by improvements. Plus the tourism sector is recovering,Lufthansa just started pouring in Germans, some will be shuttled across Africa by KQ,plus this was the lowest point for KQ, now the only left direction is upwards. My many cents advice.
If he gives the proceeds to Sirkal, in that 1yr he'll have a sure 20% back then see where best to jump and make another kill.Ngunze said recovery is minimum 18 months. He can rollover the for a further 6 months and position himself ready to go back to KQ in mid 2017. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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obiero wrote:sparkly wrote:snipermnoma wrote:obiero wrote:hisah wrote:obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. @hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :) Having been a strong advocate, this must have been a tough decision for @obiero. All the best in our plans. One thing I like is you have constantly been open on your moves. I am sad that @Obiero is divorcing KQ and sadder that he is taking a substantial loss. Anyway all the best @Obiero and remember the lessons learnt: 1. First rule of an investor is not to lose money. Consider the downside and have a margin of safety. My insurance is an assured dividend even when stock is down. 2. Cut your losses. When speculating, know when to exit a losing position before it is too late. 3. Take control of your emotions. stocks will go up, stocks will go down. Emotions will tell you to buy when stocks are up and sell when down. DO the opposite. 4. Understand your investment. You are buying part of a company so take time to understand its business. 5. Last but not least airlines are not good investments. They make money for everyone else apart from the shareholders. Keep away. @sparkly. asante.. the rules you outline above are well and good but only apply to a speculator, not a long term investor. especially number 5 which is a European-American fallacy.. KQ once made outsized gains for its shareholders. The airline has been through alot including two place crashes, the JKIA fire, unfavorable court rulings on staff policy, terrorism attacks.. all these are part of the slide in profitability, but the bird is still in the air How many African airlines make money? How many African airlines have collapsed since 2003? How many are on life support? Stop conning yourself it's a European-American problem. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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VituVingiSana wrote:obiero wrote:sparkly wrote:snipermnoma wrote:obiero wrote:hisah wrote:obiero wrote:Aguytrying wrote:enyands wrote:Spikes wrote:YES! Just waiting patiently for the referee to blow the plunge whistle. More than 50% drop in current price is a gracious buy....Speculators mpo! Tuko nkankari sana. I'm your fellow speculator . Hit me when the speculation season for this stock is officially starting Speculating in a bear market? Mutachomeka you wont believe...prices go down for what seems like forever In any relationship, there is a start and an end.. On KQ, due to personal reasons, I am bound to take a bow at a portfolio loss of KES 207,000 basing on exit target price of KES 5.50. This will happen upon release of full year results, but I will be back as I believe in the recovery plan, sincerely, deeply, fully.. Finally @obiero Not to worry outside here you'll find pretty flowers and will quickly forget the bitter KQ divorce. @hisah. Maybe it shall be so. In life, we live on plans and hope for their success. By the way, I meant half year and not full year. In two weeks time, I shall exit the cockpit for a second or two.. :) Having been a strong advocate, this must have been a tough decision for @obiero. All the best in our plans. One thing I like is you have constantly been open on your moves. I am sad that @Obiero is divorcing KQ and sadder that he is taking a substantial loss. Anyway all the best @Obiero and remember the lessons learnt: 1. First rule of an investor is not to lose money. Consider the downside and have a margin of safety. My insurance is an assured dividend even when stock is down. 2. Cut your losses. When speculating, know when to exit a losing position before it is too late. 3. Take control of your emotions. stocks will go up, stocks will go down. Emotions will tell you to buy when stocks are up and sell when down. DO the opposite. 4. Understand your investment. You are buying part of a company so take time to understand its business. 5. Last but not least airlines are not good investments. They make money for everyone else apart from the shareholders. Keep away. @sparkly. asante.. the rules you outline above are well and good but only apply to a speculator, not a long term investor. especially number 5 which is a European-American fallacy.. KQ once made outsized gains for its shareholders. The airline has been through alot including two place crashes, the JKIA fire, unfavorable court rulings on staff policy, terrorism attacks.. all these are part of the slide in profitability, but the bird is still in the air How many African airlines make money? How many African airlines have collapsed since 2003? How many are on life support? Stop conning yourself it's a European-American problem. @vvs sometimes I find you come real hard on a wounded warrior . He put a brave and big fight, let him bow out of the ring with dignity.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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^^^^ @VVS Its wise not to kick a horse gasping for its last breathe,@Obie has seen enough in this stock, please let him time to recover. Remember last year (or the year before) when you really got thwacked really hard on your damn face when KK dropped from a near 20s to now below 10! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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Impunity wrote:^^^^ @VVS
Its wise not to kick a horse gasping for its last breathe,@Obie has seen enough in this stock, please let him time to recover.
Remember last year (or the year before) when you really got thwacked really hard on your damn face when KK dropped from a near 20s to now below 10!  I want @Obiero to dump this dead bird. Let him flog the carcass & get 5/- instead of trying to resuscitate it. Why defend the indefensible? I held onto my KK but only after a long self-examination. I used to own KQ too. Ultimately, I saw the light. I remain confident about KK not coz of promises but action by the MD & his team. Even then, I watch it carefully. On KQ, the more I see & read, the less I like it as an investment. When I call it an investment, I am being generous. @Obiero is a master at getting info on banks and I think his instincts will do much better following the banks. Heck, I await the actual vs his numbers! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@vvs you should have dropped your signature by now.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Cde Monomotapa wrote:@vvs you should have dropped your signature by now. Talk of @VVS preaching water and drinking wine. Quote:Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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This firm has been disected, bisected, and intersected squarely and intersected well by wappy republic. Life indicators are in red evening if the environment is turning grean and the vaultures have left the skies. The system must go comatoes Sub 2.5/= to preserve energy, allow radical life saving surgery (one of restructuring cost-mckesy) and allow healing to good health. Intrinsically the pilot knows what to let go to float and land safely. Is that a pawn out there? ,Behold, a sower went forth to sow;....
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