Banks always have provisions for bad debts. This is an important thing to remember here because the share price will not depend on any fundamentals in the near term, it will depend on how banks choose to deal with their shares.

A decision to cut losses and get whatever cash they can will will lead to a massive selloff that will drive down share price.

Banks need cash and they are in the business of selling debts every day not sitting and waiting for shares to appreciate. I bet some bankers would be willing to take 50% or less of what they put in if they could get the cash today rather than wait 5 years and hope to recover the whole amount. As soon as serious buyers show up this price will tank precipitously. I hope I am wrong but a steep drop is coming. I am calling a sub 5/= by end of January 2018.

Hahaha. Sebastian Bugger Mikosz. Best friend to Grandiose Bugger Obiero

Am really annoyed... This is one of the things Ngunze worked on for the employees.

Hahaha. Analysis must have been done and KQ might be loosing revenue especially when there is currently no capacity at all. Every full revenue seat counts if KQ is to return to profitability.


This guy knows exactly what is required to manage & generate revenue.

Nope actually it made KQ around 100m last year am sure you know how the system works you can only get a seat if the flight has space... and all if not most are ID75 which means you pay 25% of the fare... No full fare paying passenger has ever been bumped for someone with a buddy pass.