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Kenya Airways...why ignore..
Rank: Elder Joined: 7/22/2009 Posts: 7,558
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obiero wrote:MaichBlack wrote:obiero wrote:MaichBlack wrote:obiero wrote:littledove wrote:Six more KQ flights added to Nairobi-London route as Kenya, UK ink dealKenya and the United Kingdom have agreed to introduce six additional Kenya Airways flights between Nairobi and London every week in a move which President William Ruto says is aimed at addressing persistent cargo and passenger challenges. The deal was made after President Ruto met UK Prime Minister Sir Keir Starmer, where they signed a renewed Kenya-UK strategic partnership set to unlock major investments, create jobs, and boost Kenya's global competitiveness in trade, climate, technology, and security. This is a clear indication government is very serious on KQ. In GoK we trust. KQ is a national asset and will be the last firm that GoK can let fail. Being a National assest and being profitable are two totally different things. The other day Raila said he doesn't care if KQ makes losses every year provided it is bringing people (tourists, investors etc.) to the country. The government mught be okay with a functional KQ. If it breaks even, they would be very happy. Profits and ROI might not be a significant thing in their minds. Collateral alignment. Remember, KQ is now profitable both above and below the line. Only issue pending is negative equity, which is being addressed aggressively. Meanwhile, Kenya Airways began the year with a share price of 3.83 KES and has since gained 41% on that price valuation, ranking it 13th on the NSE in terms of YTD performance. A more apt write up would be; @Obiero bought KQ shares at Kshs. 6.96/= and the current price is Kshs. 5.18/= a 25% paper loss or Kshs. 1.075 Million plus commissions ranking it... Thou shall not covet another man's income nor lack of it. Remember on 17.01.2025 KQ share touched KES 8.50 and @Obiero did not sell. I'm not here for the mid term brother, this a long play. Watch and learn Oh. Like knowing how much @VVS apparently bought and sold KQ for?? I gerrit. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,558
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:littledove wrote:Six more KQ flights added to Nairobi-London route as Kenya, UK ink dealKenya and the United Kingdom have agreed to introduce six additional Kenya Airways flights between Nairobi and London every week in a move which President William Ruto says is aimed at addressing persistent cargo and passenger challenges. The deal was made after President Ruto met UK Prime Minister Sir Keir Starmer, where they signed a renewed Kenya-UK strategic partnership set to unlock major investments, create jobs, and boost Kenya's global competitiveness in trade, climate, technology, and security. This is a clear indication government is very serious on KQ. In GoK we trust. KQ is a national asset and will be the last firm that GoK can let fail. KPLC, KenGen > KQ KPLC generally generates revenue in excess of KES 200B annually, so can be a fair comparison. Also, near nil contribution to FX for the state, while KQ generates loads of that. Tulia kidogo mzee, the KQ tide is turning KQ has been eating FX for years. I understand that you bought KQ at KES 570 and sold at KES 13, but time is a healer, let go and let God Was this you @Obiero??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/23/2009 Posts: 13,746 Location: nairobi
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MaichBlack wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:littledove wrote:Six more KQ flights added to Nairobi-London route as Kenya, UK ink dealKenya and the United Kingdom have agreed to introduce six additional Kenya Airways flights between Nairobi and London every week in a move which President William Ruto says is aimed at addressing persistent cargo and passenger challenges. The deal was made after President Ruto met UK Prime Minister Sir Keir Starmer, where they signed a renewed Kenya-UK strategic partnership set to unlock major investments, create jobs, and boost Kenya's global competitiveness in trade, climate, technology, and security. This is a clear indication government is very serious on KQ. In GoK we trust. KQ is a national asset and will be the last firm that GoK can let fail. KPLC, KenGen > KQ KPLC generally generates revenue in excess of KES 200B annually, so can be a fair comparison. Also, near nil contribution to FX for the state, while KQ generates loads of that. Tulia kidogo mzee, the KQ tide is turning KQ has been eating FX for years. I understand that you bought KQ at KES 570 and sold at KES 13, but time is a healer, let go and let God Was this you @Obiero??? Yes. That's me in glorious multicolor. Mambo yangu ni ngumu kuliko kesi ya shamba. Don't try to understand me COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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