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Kenya airways Right Issue
Ericsson
#561 Posted : Tuesday, September 18, 2012 9:13:47 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
The best thing to have happened to KQ.The retrenchment exercise was not a wise move.
Our brothers and sisters who were affected are now unemployed and some of them were breadwinners.
TN has completely un down the company.
How do u do a rights issue then retrenchment kwani the money was for retrenching people.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
the deal
#562 Posted : Thursday, September 20, 2012 1:13:02 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Trades at Ksh12 Naikunis Dreamliner is crushing fasssst!!!! Ksh12 was my TP set on 5 April http://www.contrarianinv...-facing-strong-headwinds
StatMeister
#563 Posted : Thursday, September 20, 2012 1:44:56 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
Not sure if this is a Boeing or Embraer. Whichever, not suited to Kenya weather.
A bad day fishing is better than a good day at work
StatMeister
#564 Posted : Thursday, September 20, 2012 1:48:10 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
[quote=the deal]Trades at Ksh12 Naikunis Dreamliner is crushing fasssst!!!! Ksh12 was my TP set on 5 April http://www.contrarianinv...facing-strong-headwinds[/quote]

@Deal, I strongly doubt KQ's ability to turn any profit in H1.

In fact, after their huge staff costs, their fate is almost sealed.
A bad day fishing is better than a good day at work
guru267
#565 Posted : Thursday, September 20, 2012 3:33:00 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
H1 results should send this thing to 8-9bob...

That's when you buy!
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#566 Posted : Thursday, September 20, 2012 4:51:42 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
KQ has already indicated H1 2012-13 will be a loss. So that leaves H2 to eke a marginal profit. No profits until H1 2013-14 at the earliest!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
hisah
#567 Posted : Thursday, September 20, 2012 4:54:30 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
guru267 wrote:
H1 results should send this thing to 8-9bob...

That's when you buy!

A time like this next week this counter will be trading Ex-D. Trades on Sept 28th and onwards will be interesting. Then in Nov we get to know the H1 results. The ulcers this counter will cause...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#568 Posted : Thursday, September 20, 2012 6:25:03 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
guru267 wrote:
H1 results should send this thing to 8-9bob...

That's when you buy!

A time like this next week this counter will be trading Ex-D. Trades on Sept 28th and onwards will be interesting. Then in Nov we get to know the H1 results. The ulcers this counter will cause...


Did Citi revaluate their 18 bob price target?

What about SIB? On 4th July they valued KQ at 20.23. They also recently reported that South Sudan is seeking a company to help set up a national airline through PPP.

GOD BLESS YOUR LIFE
VituVingiSana
#569 Posted : Thursday, September 20, 2012 7:19:08 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
youcan'tstopusnow wrote:
hisah wrote:
guru267 wrote:
H1 results should send this thing to 8-9bob...

That's when you buy!

A time like this next week this counter will be trading Ex-D. Trades on Sept 28th and onwards will be interesting. Then in Nov we get to know the H1 results. The ulcers this counter will cause...


Did Citi revaluate their 18 bob price target?

What about SIB? On 4th July they valued KQ at 20.23. They also recently reported that South Sudan is seeking a company to help set up a national airline through PPP.
Well, SIB took the fee/commissions in cash not in shares! They lied to get their customers to buy in!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
jerry
#570 Posted : Thursday, September 20, 2012 7:52:12 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
hisah wrote:
guru267 wrote:
H1 results should send this thing to 8-9bob...

That's when you buy!

A time like this next week this counter will be trading Ex-D. Trades on Sept 28th and onwards will be interesting. Then in Nov we get to know the H1 results. The ulcers this counter will cause...

Had the shares at IPO price of 11.25 and sold at 7.80. I may have a chance to acquire the shares at less than that.
The opposite of courage is not cowardice, it's conformity.
75 Pages«<5556575859>»
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