KQ 2008-9 Results - Page 2 - Stocks - Wazua

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KQ 2008-9 Results

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Mali		#11 Posted : Friday, May 29, 2009 11:49:00 AM
Rank: Member Joined: 7/3/2008 Posts: 238		... seem to forget very quickly..... PROFIT WARNING!!!!............ how has that changed? Fuel hedging for 2 years; how has that changed?.....................................................>>>>> Enjoy your weekend! if the incompetent and the reckless compete,the result is a disaster.. MN
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Gordon Gekko		#12 Posted : Monday, June 01, 2009 6:29:00 AM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		Results to be announced on Friday 5th. Katika hi community ya SK yote hakuna mtu ako na mwakenya?
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VituVingiSana		#13 Posted : Monday, June 01, 2009 7:29:00 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi		The info has been priced in. The profit warning was given almost 6 months ago for FY 2008-9 (not for 2009-10) based on 1H results. And the expected drop was at least 25% but 4/- EPS means a P/E of 6. As for the hedges,you should read more on SK. The 'expensive' hedges are being worked out. **So what if they are for 2 years as long as the TOTAL contribution reduces? Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett**
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