Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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That's the law of airline trade. You have to be prepared for early check in. Plus on the positive, an overbooked airline, is a healthy airline. Rather over, than under. Long live Michael Joseph
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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I am loading up more of this share. Some will view it as insanity, some will wonder whether I will exit profitably, but remember you should never count someone else's money, unless you are a cashier by profession. Fair value, KES 8.52
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:That's the law of airline trade. You have to be prepared for early check in. Plus on the positive, an overbooked airline, is a healthy airline. Rather over, than under. Long live Michael Joseph Lakini, MJ has left the building. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,836
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obiero wrote:I am loading up more of this share. Some will view it as insanity, some will wonder whether I will exit profitably, but remember you should never count someone else's money, unless you are a cashier by profession. Fair value, KES 8.52 "Hi everyone. This is how I plan to spend my money. Don't count someone else/my money." Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:obiero wrote:That's the law of airline trade. You have to be prepared for early check in. Plus on the positive, an overbooked airline, is a healthy airline. Rather over, than under. Long live Michael Joseph Lakini, MJ has left the building. A good dancer must know when to leave the stage. In his case, full term has been served as per company MEMARTS. If only the PIIP would have gone through, right now KQ would be unrecognizable from an investment perspective. He did his best, in my view
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:That's the law of airline trade. You have to be prepared for early check in. Plus on the positive, an overbooked airline, is a healthy airline. Rather over, than under. Long live Michael Joseph Lakini, MJ has left the building. A good dancer must know when to leave the stage. In his case, full term has been served as per company MEMARTS. If only the PIIP would have gone through, right now KQ would be unrecognizable from an investment perspective. He did his best, in my view Why are you still bullish post-MJ? BTW, JJ made a loss. It has also borrowed more money from NCBA to repay arrears. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:That's the law of airline trade. You have to be prepared for early check in. Plus on the positive, an overbooked airline, is a healthy airline. Rather over, than under. Long live Michael Joseph Lakini, MJ has left the building. A good dancer must know when to leave the stage. In his case, full term has been served as per company MEMARTS. If only the PIIP would have gone through, right now KQ would be unrecognizable from an investment perspective. He did his best, in my view Why are you still bullish post-MJ? BTW, JJ made a loss. It has also borrowed more money from NCBA to repay arrears. In GoK I trust. Financially speaking. Leaving politics aside. Plus KQLC are unlikely to let their significant stake go down the drain
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:That's the law of airline trade. You have to be prepared for early check in. Plus on the positive, an overbooked airline, is a healthy airline. Rather over, than under. Long live Michael Joseph Lakini, MJ has left the building. A good dancer must know when to leave the stage. In his case, full term has been served as per company MEMARTS. If only the PIIP would have gone through, right now KQ would be unrecognizable from an investment perspective. He did his best, in my view Why are you still bullish post-MJ? BTW, JJ made a loss. It has also borrowed more money from NCBA to repay arrears. In GoK I trust. Financially speaking. Leaving politics aside. Plus KQLC are unlikely to let their significant stake go down the drain Good luck trusting GoK. KQLC is not in the same boat as you. They have some guarantees which you do not. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:That's the law of airline trade. You have to be prepared for early check in. Plus on the positive, an overbooked airline, is a healthy airline. Rather over, than under. Long live Michael Joseph Lakini, MJ has left the building. A good dancer must know when to leave the stage. In his case, full term has been served as per company MEMARTS. If only the PIIP would have gone through, right now KQ would be unrecognizable from an investment perspective. He did his best, in my view Why are you still bullish post-MJ? BTW, JJ made a loss. It has also borrowed more money from NCBA to repay arrears. In GoK I trust. Financially speaking. Leaving politics aside. Plus KQLC are unlikely to let their significant stake go down the drain Good luck trusting GoK. KQLC is not in the same boat as you. They have some guarantees which you do not. Let me understand what you are saying. That their shares are not pari pasu? Each KQLC share has equal value to my share. Remember, it was bank debt that was converted to equity. Of what good would be a GoK guarantee considering state of economy now. Their best resolve is to aid KQ to prosper
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Meanwhile, confirmed in today's AGM. The KES 1.5B Open Offer has been abandoned by the KQ board. Bring down your ABP via more purchases, or deal with the situation through therapy sessions
KQ ABP 4.26
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