3rd highest gainer at the NSE today.. Last boarding call already issued, even two tyres bursts can't deflate the rally.. @vvs you can comment

You better use your money to gamble in the numerous Betting platform that has flooded the market!

obiero interesting stuff.. which metal were you made..i wish I was made with such metal . you are a MAN standing tall no matter the Nature of the waves in the Sea.. I guess even Chris is Holding things so tight with the head hidden in the dust!!

When will H1 results out? We are waiting at the bottom of sub 2bob.

For the year ended 31st March 2010, Kenya Airways Ltd recorded Total revenue of Kshs 70,743,000,000.00, and the company’s
Operating Profit amounted to Kshs 1,839,000,000.00

Operating margin = (Operating Profit /Revenues) x 100.
= (1,839,000,000.00 / 70,743,000,000.00) x 100 = 2.6%

Out of every Kshs1.00 Kenya Airways collected as revenue in the year, it retained only Kshs 0.03, as operating profit after paying for the operational expenses incurred in getting that Kshs 1.00
It is out of that 3Cents that Kenya Airways is to pay out financial costs as well as taxes and the balance retained as profits for share holders.

Should we choose to focus only on the company’s core business operations, Kenya Airways operational performance for the just ended period is rather dismal compared to the previous periods
 For 2010, Kenya Airways had an operating margin of 2.6%
 For 2009, the operating margin was 5.6%
 For 2008, the operating margin was 11.6%
 For 2007, the operating margin was 13.1%
Declining operating margins over time should be a warning sign to any investor.

On average, out of every kshs1 in revenues that Kenya Airways collects annually, it has overtime paid more and more in operational costs. It could imply that the company is having difficulty in bringing in revenues considering that it registered slightly declined revenues compared to the previous year, or that the management is facing increasing challenges in improving the company’s Operational Efficiency.
The 54.5% decline in Operating Profits might explain why despite reporting 148% improvement in earnings, the share registered a 8% decline in trading price as soon as results were published.

A lot is learnt by observing Operating profits trend over time, but it should not be the only factor one considers when planning whether or not the Kenya Airways shares are a viable investment.

Ceteris paribus.

@arapcharles this time I shall have my cake and eat it too.. most of the asset sales were not captured in last year's results, including the 2 last plane offloads as well as the landing slot. In the same H1, 5 acres of the KQ Embakasi land was sold to KEMSA and payment received. Multiple MICE occurrence as well as new routing of the slimmed down fleet count have boosted revenue and resultant profit. Net finance costs will also take a tumble in H2 via the banking ammendment act. The very last of Mbugua's oil hedges sunk on the 20th of this month. Expect a bottomline profit in H2. Take off is confirmed

Ahhh! Thanks for that info. So no point in buying just yet.
All those one-off asset sales and even then a loss for 1H 2016-17?

Commonsense dictates that upon release of the vastly improved H1, the share will rise by some margin.. Even when dating, hope plays a major role. Faith in the unseen. The time is now

@Spikes - You are being manipulated by forces of doom and darkness. KQ is going to fly into the skies and you will be left on the ground watching the KQ soar! The losses keep on being halved. Who needs profits? Who needs positive equity? Who needs dividends when the share price will increase 10x.

Buy KQ shares. Buy KQ shares. buy KQ shares.

*And then @VVS woke up*