@ deal- ofcours i understand demand n supply but what beats my mathematics here is that we had good numbers in the results jus released. Ofcous good numbers call for demand which we r lackin at the moment despite that supply. The views thereof then raise my questions.

I'm now praying for KQ to stay depressed like this up to December so that i buy more.

@YOU.C-Albeit he/she was wrong on the hedging matter. A drop from 1.4b to 400m was definately out of order n if not then we should appeal for him/her to be hired with immediate effect. All said,lets hope for the best.

the hedge experts are winning this, for the time being. Can the experts come out clean on this and educate us more. To the ordinary layman, the forecast endyear eps of over 6 would have already seen the counter going up immediately. But something is holding. I dont believe it is a single suppler wanting out - would have been twangwaad right away.

I attended the Investor Briefing and interestingly the cash flow hedges did not feature in the presentation. The fuel derivatives were a small loss and the Chairman was really happy with the fact that they had gotten a handle on these.

I am trying to establish what is the nature of the cash flow hedges to determine what is the likely position at the end of the year.

As I had predicted, operating profits were really good, so that was a positive outcome at least.