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KQ hy19 loss doubles 8.6bn; negative equity 16.2bn
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Superprime1
#1 Posted : Tuesday, August 27, 2019 4:34:16 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
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  | | Edit by moderator: Wednesday, August 28, 2019 5:58 PM | Reason: topic created
maka
#2 Posted : Tuesday, August 27, 2019 4:36:19 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....
possunt quia posse videntur
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Ericsson
#3 Posted : Tuesday, August 27, 2019 4:53:43 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#4 Posted : Tuesday, August 27, 2019 5:30:23 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ericsson wrote:
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results

Eh! Hii nayo ni hujuma

KQ ABP 4.26
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muandiwambeu
#5 Posted : Tuesday, August 27, 2019 5:55:24 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
maka wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.



Well....


Obiero is watching the results

Different folks different strokes.
,Behold, a sower went forth to sow;....
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VituVingiSana
#6 Posted : Tuesday, August 27, 2019 7:12:03 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
Is @Obiero breathing? Has anyone looked in on him?

@Maka has obliterated @Obiero d'oh! Laughing out loudly Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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rwitre
#7 Posted : Tuesday, August 27, 2019 7:26:03 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
VituVingiSana wrote:
Superprime1 wrote:
KQ's net loss for the HY 2019 has more than doubled to Sh8.56bn vs Sh4.04bn.
Is @Obiero breathing? Has anyone looked in on him?

@Maka has obliterated @Obiero d'oh! Laughing out loudly Applause


Aiyayaaaa....The sky is falling on this one. Pray
Chest thumping employees
That massive loss
CEO abandoning ship
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obiero
#8 Posted : Wednesday, August 28, 2019 6:25:53 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?

KQ ABP 4.26
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Spikes
#9 Posted : Wednesday, August 28, 2019 6:52:23 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#10 Posted : Wednesday, August 28, 2019 7:30:31 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Spikes wrote:
obiero wrote:
That the H1 2019 loss is wider than the FY 2018 figure leaves KQ totally exposed.. Looking at the run rate, there's absolutely no possibility of a loss less than KES 7.5B in FY 2019. Will the price obliterate?


Of course!

I remain kamikaze.. Like my father @vvs did with ARM, I will fully provision on my KQ holding since the gamble appears to have faltered

KQ ABP 4.26
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