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KQ FY17
Pesa Nane
#1 Posted : Wednesday, March 21, 2018 10:39:50 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Wednesday, March 21, 2018 10:43:42 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
COMMENTARY

Change of financial year

During the year, the Directors resolved to change the Group's year end from 31 March to 31 December. Consequently, the financial statements cover the nine month period from 1 April 2017 to 31 December 2017. The comparative balances have been presented for the twelve months period from 1 April 2016 to 31 March 2017.
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#3 Posted : Wednesday, March 21, 2018 10:52:15 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Think
Payment for share issue costs - Ksh. 2,543 Mn
Pesa Nane plans to be shilingi when he grows up.
littledove
#4 Posted : Wednesday, March 21, 2018 11:31:58 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Pesa Nane wrote:

loss of 6b in nine months which means in 12 months things could be worse
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Pesa Nane
#5 Posted : Wednesday, March 21, 2018 11:42:34 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#6 Posted : Wednesday, March 21, 2018 11:44:49 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
littledove wrote:
Pesa Nane wrote:

loss of 6b in nine months which means in 12 months things could be worse


Comparing 9 months with 12 months d'oh! Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
mlennyma
#7 Posted : Wednesday, March 21, 2018 11:59:08 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
The road to recovery is very long,one can die on the way like moses.
"Don't let the fear of losing be greater than the excitement of winning."
Spikes
#8 Posted : Wednesday, March 21, 2018 12:31:26 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mlennyma wrote:
The road to recovery is very long,one can die on the way like moses.

Applause Applause Applause Laughing out loudly Laughing out loudly Laughing out loudly Liar Sad Shame on you
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Ericsson
#9 Posted : Wednesday, March 21, 2018 12:57:55 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Mr Mikosz Sebastian said. “It will take another two years of growth and cost control before we can say we’re more optimistic.”
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#10 Posted : Wednesday, March 21, 2018 1:02:32 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
Mr Mikosz Sebastian said. “It will take another two years of growth and cost control before we can say we’re more optimistic.”



@Obiero what did i tell you... Even that 2 years he is being very very optimistic things are very bleak...

He will probably not last that long...
possunt quia posse videntur
obiero
#11 Posted : Wednesday, March 21, 2018 1:13:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,509
Location: nairobi
maka wrote:
Ericsson wrote:
Mr Mikosz Sebastian said. “It will take another two years of growth and cost control before we can say we’re more optimistic.”



@Obiero what did i tell you... Even that 2 years he is being very very optimistic things are very bleak...

He will probably not last that long...

The results are decent considering the circumstances. Changing the captain midflight shall guarantee a crash landing

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
mlennyma
#12 Posted : Wednesday, March 21, 2018 1:14:19 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
maka wrote:
Ericsson wrote:
Mr Mikosz Sebastian said. “It will take another two years of growth and cost control before we can say we’re more optimistic.”



@Obiero what did i tell you... Even that 2 years he is being very very optimistic things are very bleak...

He will probably not last that long...

Two years in ICU?the bill will be huge to pay
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#13 Posted : Wednesday, March 21, 2018 1:23:38 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
KQ domestic traffic dropped by 20 per cent during the prolonged election period last year. Number of passengers airlifted in the nine months to September stood at 3.4 million.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Spikes
#14 Posted : Wednesday, March 21, 2018 1:53:52 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
maka wrote:
Ericsson wrote:
Mr Mikosz Sebastian said. “It will take another two years of growth and cost control before we can say we’re more optimistic.”



@Obiero what did i tell you... Even that 2 years he is being very very optimistic things are very bleak...

He will probably not last that long...

The results are decent considering the circumstances. Changing the captain midflight shall guarantee a crash landing


decent

adjective

conforming with generally accepted standards of respectable or moral behaviour.

of an acceptable standard; satisfactory.

John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Fyatu
#15 Posted : Wednesday, March 21, 2018 2:42:00 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Hujuma..

Excuse/reasons for poor perfomance:

Extended political season 2017.blah blah blah..nkt! I said it that this excuse will be milked proper this year.Anyway,
now that caps are to be repealed and Baba is now Jubilee damu and rains are expected to be bountiful, i wonder what excuse will be used by NSE listed firms next year to deny wanjiku of sweet dividend
Dumb money becomes dumb only when it listens to smart money
mlennyma
#16 Posted : Wednesday, March 21, 2018 2:48:38 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Fyatu wrote:
Hujuma..

Excuse/reasons for poor perfomance:

Extended political season 2017.blah blah blah..nkt! I said it that this excuse will be milked proper this year.Anyway,
now that caps are to be repealed and Baba is now Jubilee damu and rains are expected to be bountiful, i wonder what excuse will be used by NSE listed firms next year to deny wanjiku of sweet dividend

the winners are the board members and employees on payroll
"Don't let the fear of losing be greater than the excitement of winning."
maka
#17 Posted : Wednesday, March 21, 2018 2:50:51 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mlennyma wrote:
Fyatu wrote:
Hujuma..

Excuse/reasons for poor perfomance:

Extended political season 2017.blah blah blah..nkt! I said it that this excuse will be milked proper this year.Anyway,
now that caps are to be repealed and Baba is now Jubilee damu and rains are expected to be bountiful, i wonder what excuse will be used by NSE listed firms next year to deny wanjiku of sweet dividend

the winners are the board members and employees on payroll


Senior management not ordinary employees...
possunt quia posse videntur
chiaroscuro
#18 Posted : Wednesday, March 21, 2018 3:20:44 PM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
Anyone seen the balance sheet?
Ericsson
#19 Posted : Monday, March 26, 2018 12:52:42 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Air France partnering with KLM to do 7 Nrb-Paris weekly flights as it launches Nairobi-Paris flight after exiting 18 years ago.
Kq is also in the mix
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#20 Posted : Monday, March 26, 2018 5:31:23 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,102
Location: Nairobi
Ericsson wrote:
Air France partnering with KLM to do 7 Nrb-Paris weekly flights as it launches Nairobi-Paris flight after exiting 18 years ago.
Kq is also in the mix

Hopefully, they compete effectively against the ME airlines. Many prefer the better service and pricing of the ME airlines even with the dreaded layover.
Some ME airlines (esp the big 3) try to make the layover palatable.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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