ProverB wrote:Just about 4 years since i first put up this thread. The share is still crap and the only thing working for it is that it's cheaper than it was 4 years to date. That and the fact Titus Naikuni is leaving.
It's funny that still people are using "passenger numbers" as indicator of future value appreciation. Erstwhile Wazuans can verify that this assertion of passenger numbers translating into profit hasn't worked for KQ since 2006
@proverB you have been right since day 1 luckily i didnt hold any since the thread started but we are were hoping for a reversal especially after positive turn around numbers in H1 and the mawingu project + discounted sub 12 prices.
but am not understanding why the bird is refusing to fly, the share is currently getting a beating of a lifetime,are their insiders who have peeped on the books before the coming FY results for the year ending 31st mar 14.??
The travel advisories do not have an impact in the expected FY results.as i expect the impact to be felt in 2014 H1.
Lets see the results in a few days time.
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore