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KQ Profit Warning
The General
#11 Posted : Thursday, August 14, 2008 7:55:00 AM
Rank: Member

Joined: 6/3/2006
Posts: 553
Yesterday i saw this thread and didnt know wea to start dealing with this negative info.
I was hoping the thread would die out.
I salute all who took their precious time off to help this fellow bridge the gap between his perception and the reality. asante sana

To all value investors,are u seeing what am seeing on KQ?

The thicker the thigh the sweeter the pie.
The thicker the thigh the sweeter the pie.
myks
#12 Posted : Thursday, August 14, 2008 9:25:00 AM
Rank: Member

Joined: 8/14/2008
Posts: 107
@Njung'e,,,,

I aint in the PR there,,,Am jus a guy who does his homework r8.

You know spreading baseless rumours and gossip in such a forum aint worth it in such a forum like this where young investors are seeking advice on investment.

I hope pple wont base their decisions on such passionate egotistical and malicious arguments,but instead do REAL research.


face your fears live your dreams...
extrablessed
#13 Posted : Thursday, August 14, 2008 12:35:00 PM
Rank: Member

Joined: 7/28/2007
Posts: 290
Location: Nairobi
@myks: that was an informed response...Well done.

I also drive myself but this has not affected my firm's share prices...just going up and up.


Life is worth living cos God planned it to be so.
Mainat
#14 Posted : Thursday, August 14, 2008 1:06:00 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
KQ's main issue is the very lousy customer exprience (you can get a guranteed delayed flight from Heathrow). As an investor,I'll only buy KQ's shares when this improves...

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
The General
#15 Posted : Thursday, August 14, 2008 1:15:00 PM
Rank: Member

Joined: 6/3/2006
Posts: 553
i agree with myks,and,no am not in their PR office,nor did i register Jana..

The thicker the thigh the sweeter the pie.
The thicker the thigh the sweeter the pie.
McReggae
#16 Posted : Thursday, August 14, 2008 1:27:00 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
@myks,that was some good insight!!!

Let me add a few facts!

The 1st dreamliners were expected to arrive in 2010 but will be coming starting 2012,the delay has affected all the major airlines have been affected by this delay......how is KQ responding to this?

Already an embraer ERJ 175 LR and a 737-800 (yesternight) have arrived in Nairobi and are joining service,two more 737-800 will arrive in october and november respectivel (these are 146 seater planes brand new from the manufacturer)

The 737-300 are getting older and next year will see the acquisition of Embraer 195 ERJ LRs to replace them,two of the old 737-300 will be converted to cargo freighters coz the cargo volumes through KQ have been increasing every year!!! The aging 767-300 will be replaced by leased 777 starting next to counter the dreamliners delay.

KQ is planning to build a new hangar (hangar 3).....a big and modern one that will be able to accommodate two wide body aircrafts,the plan is for KQ to increase it's revenues through in-sourcing of 3rd party work in terms of maintenance of aircrafts.

Man if you thought that KQ does not have a strategy.....THINK TWICE and saying that Engineers cannot be mangers is a big abuse to the Engineering profession!

NB: KQ is the most profitable airline in Africa in terms of return on investment. If the oile prices continue to go up,all the airlines will simply increase fares.....people have to fly so dont make the oil prices a very big deal. The yearly results released for 2007/2008 covered upto March this year so forget about this period as far as this year's financial results are concerned!!!



Make money.....then you will enjoy all the fine things in life!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
tony stark
#17 Posted : Thursday, August 14, 2008 3:40:00 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
@myks
Good thread very insightful.
Ps....I thought kiboro is a pharmacist?? In fact i think stocksmaster might be kiboro!!!

veni vedi vici
Mandlagh
#18 Posted : Thursday, August 14, 2008 4:14:00 PM
Rank: Member

Joined: 7/11/2008
Posts: 4
whats the likely effect of the 1.75/= dividend and the scheduled AGM in sept on the share price before that period..and also what would be the forecast on the price in a 6months period from now?

seize the moment
fullmwejoyo
#19 Posted : Thursday, August 14, 2008 7:11:00 PM
Rank: Member

Joined: 3/6/2008
Posts: 3
me thinks all the bad news is in the price

in a bull market all the cows get laid

KQ is a buy

The poor will inherit the earth But the rich will own the mineral rights
gitts
#20 Posted : Thursday, August 14, 2008 8:00:00 PM
Rank: Member

Joined: 5/9/2007
Posts: 2
@macreggae- ;)

Another thing is that it's unfair to compare KQ to american carriers since our target markets are very different. KQs main business is connecting business customersto and from Africa wxp west where there are few reputable airlines. American carriers on the other hand deal more with their domestic passengers who have other ways to travel.

KQ is a solid investment in the long-term as JKIA becomes a more important regional hub

The Gitts
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