Rank: Elder Joined: 6/20/2007 Posts: 2,074 Location: Lagos, Nigeria
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obiero wrote:obiero wrote:obiero wrote:littledove wrote:obiero wrote:obiero wrote:Ericsson wrote:obiero wrote:HaMaina wrote:DtheK wrote:What do the buyers see?
I see razor thin margins, less than 1% as at half year.
Colossal debt. Negative equity. Strong pilots and staff union.
True, I might get in @ < 1.00, KQ still has some way to go, hopefully a rights issue might wake things up. Clearly, you haven't checked the trading room. Massive volume trades were happening at KES 8.. Sub KES 6 is unlikely in the mid term KQ share price biggest loser this week. Heading towards 4 and below Buying opportunity Opportunity at KES 5.60 came and has now left. Watch and learn  We were about to witness a very good rally early in the morning with more than 3m demand betwen 5-5.50, but i witnessed somehow "sellers" trying to compete who will put a lower price, buyers panicked and withdrew and now those sellers have no option but to sell lower and lower. we could have easily clocked a volume of more than 10m and price way above 6. Those sellers missed a very good opportunity and they might wait for many months for another opportunity or exit at a very low price. Any SALE trade happening below KES 8.52 is based on despair H1 PBT forecast KES 4.6B Revised H1 PBT KES 2.9B. The missing 3 Boeing created a dip on the revenue. Luckily 1 is back in the skies, with remaining 2 expected before end year The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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