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Kenya Airways...why ignore..
VituVingiSana
#441 Posted : Monday, November 18, 2013 9:30:58 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
Horton wrote:
VituVingiSana wrote:
What does this mean? @horton

KQ expands flights with KLM http://www.nation.co.ke/...-/12mpwr9z/-/index.html

I understanding sharing flights/sales with KLM to/from Nairobi-Paris-France but why would KLM give up direct sales/flights to Entebbe, etc? Does this mean KQ will fly NBO-EBB-AMS as opposed to EBB-NBO-AMS?


basically a code share....flights maybe operated by KLM but KQ gets a cut in it and vice versa. Slightly more exclusive than the partner airlines, in that KQ routes are also advertised as if operated by KLM and vice versa.......similar to the Code share we have with Etihad. only difference is that it casts a wider net i.e. BJM/JRO n KGL for KQ and LHR/CDG for KLM
KQ doesn't (& can't) operate flights using 5th freedom to AMS/CDG from most African countries. So why would KLM give up revenue to KQ?

And how does KLM benefit in the expanded arrangement from KQ? [AMS & CDG are already covered]. Only exception I see is NBO-LHR [and perhaps LHR-USA via Delta using AF/KLM codeshare or agreement with Delta] which KQ flies but KLM cannot. Currently only 7x week.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#442 Posted : Monday, November 18, 2013 10:22:10 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
@bwana VVS

KLM owns over 20% of KQ, it would make sense of them, to utilise synergies and not compete on the same routes.....they have been doing so for years, and its nothing new.....point to note is that KQ routes e.g. NBO-KGL or etc are more profitable than the traditional short haul european routes
VituVingiSana
#443 Posted : Tuesday, November 19, 2013 4:20:45 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
Is Jambo Jet dead?
http://www.businessdaily...0/-/11giea2/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
murchr
#444 Posted : Tuesday, November 19, 2013 5:25:05 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
DUBAI—Emirates Airline on Sunday placed a $76 billion order with Boeing Co. at the Dubai airshow for 150 of the manufacturer's new 777X aircraft, helping make the model the largest product launch in commercial jetliner history.
http://online.wsj.com/ne...985504579203260653033076
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hisah
#445 Posted : Wednesday, November 20, 2013 8:13:59 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Bull camp - obiero & murchr (those that have stuck it out)

Bear camp - many wazuans.

Sentiment - very bearish.

Trade meter - extreme negative sentiment

So far since printing 9/- it has bounced to 13/-

Short selling will make such plays very interesting. In KQ's case, a short squeeze has started, but slowly. Above 15 the short squeeze starts getting stronger legs after breaking down the 12 - 14 resistance forest. At this point a short seller who bought at 10 expecting the price to tank to a set target say 8 is now sitting in losses as price rallies. The short seller panics and takes his losses at 15. If many short sellers cut their losses in a rush the short squeeze gets stronger legs and price vaults causing margin calls. Welcome to high tempo volatility with sizable losses and gains depending on the camp you chose. An example of how short selling would have fried some in this KQ corner.

Thus why I've been fancing trading laggards since they have the higher chance of rallying hard in the coming rotation. And not just any laggards... MSC not yet. KK, KPLC, KQ na NBK team recovery for my picks in 2014.

Interesting that @kausha fancies KK, but bashes KQ as @obiero defends it.

And so the drama continues smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#446 Posted : Wednesday, November 20, 2013 8:16:31 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
Bull camp - obiero & murchr (those that have stuck it out)

Bear camp - many wazuans.

Sentiment - very bearish.

Trade meter - extreme negative sentiment

So far since printing 9/- it has bounced to 13/-

Short selling will make such plays very interesting. In KQ's case, a short squeeze has started, but slowly. Above 15 the short squeeze starts getting stronger legs after breaking down the 12 - 14 resistance forest. At this point a short seller who bought at 10 expecting the price to tank to a set target say 8 is now sitting in losses as price rallies. The short seller panics and takes his losses at 15. If many short sellers cut their losses in a rush the short squeeze gets stronger legs and price vaults causing margin calls. Welcome to high tempo volatility with sizable losses and gains depending on the camp you chose. An example of how short selling would have fried some in this KQ corner.

Thus why I've been fancing trading laggards since they have the higher chance of rallying hard in the coming rotation. And not just any laggards... MSC not yet. KK, KPLC, KQ na NBK team recovery for my picks in 2014.

Interesting that @kausha fancies KK, but bashes KQ as @obiero defends it.

And so the drama continues smile


smile
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
VituVingiSana
#447 Posted : Wednesday, November 20, 2013 2:46:01 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,368
Location: Nairobi
Sellers a-plenty while Buyers bidding lower & lower.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Kausha
#448 Posted : Wednesday, November 20, 2013 3:28:47 PM
Rank: Member

Joined: 2/8/2007
Posts: 808
@Muchr, KQ is just going through a rough business cycle that caught them ngothaless. They were not prepared well enough and their preparations are taking place in the downturn of the cycle. Two things can happen, the trough is probably nigh (within the next 12 months) and therefore all these plane purchases will make loads of sense in 2015 going forward. Alternatively, the trough in the cycle could be several months away in which case KQ will probably struggle when they get the new planes regardless. The decision then becomes what point does the investor see the cycle to be at.

On KK, investors have just over punished the stock for management choices that backfired last financial year without understanding what led to the choices and what management has done to address the choices. Fortunately during the same punishment period the can has made very many changes that have definitely improved the business. In a way in KK you have a value double whammy emanating from fixing of errors and also wide-ranging changes in the business. What this translates to....only the market can tell.
murchr
#449 Posted : Wednesday, November 20, 2013 3:58:13 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Kausha wrote:
@Muchr, KQ is just going through a rough business cycle that caught them ngothaless. They were not prepared well enough and their preparations are taking place in the downturn of the cycle. Two things can happen, the trough is probably nigh (within the next 12 months) and therefore all these plane purchases will make loads of sense in 2015 going forward. Alternatively, the trough in the cycle could be several months away in which case KQ will probably struggle when they get the new planes regardless. The decision then becomes what point does the investor see the cycle to be at.

On KK, investors have just over punished the stock for management choices that backfired last financial year without understanding what led to the choices and what management has done to address the choices. Fortunately during the same punishment period the can has made very many changes that have definitely improved the business. In a way in KK you have a value double whammy emanating from fixing of errors and also wide-ranging changes in the business. What this translates to....only the market can tell.


Now that you who sees these cycles why havent you tried to make money out of them? KQ operates on level 5 of the environmental turbulence thus even that 2015 is not known and thats the joy of the aviation business. No one knows how the oil market will behave in 2014 so please dont lie to wazuans about 2015 being anything to KQ even with the new fleet.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
obiero
#450 Posted : Thursday, November 21, 2013 10:05:11 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,303
Location: nairobi
time to buy again.. throw away price
COOP, IMH, KEGN, KQ, MTNU
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