Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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[quote=obiero]Bujumbura locked.. @maka suspended https://www.aviationnews...s-flights-to-bujumbura/[/quote] SMH.... possunt quia posse videntur
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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I am loading this stock heavily next week. When the bulls return I dump to @Obiero and run! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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Only the strong willed should be in KQ at the moment, a suspension will be announced.. It's imminent HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Only the foolishshould be in KQ at the moment, a suspension will be announced.. It's imminent Correction made Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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sparkly wrote:obiero wrote:Only the foolishshould be in KQ at the moment, a suspension will be announced.. It's imminent Correction made Hehe HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 6/6/2016 Posts: 165 Location: Nairobi
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don't enter into this stock with hopium.. the only way is down and down. You will be the one who gets dumped on inadvertently?
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Rank: Veteran Joined: 4/23/2014 Posts: 903
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All I heard was that a recovery plan has been made, and in 2 weeks it shall be presented in the hopes of being accepted and later applied. I think I'll wait. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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sparkly wrote:obiero wrote:Only the foolishshould be in KQ at the moment, a suspension will be announced.. It's imminent Correction made Hehe. It's wise to make the best out of a bad situation. In so long as one doesn't need funds for the short or medium term, it's in order to commit more capital in averaging down HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 7/1/2009 Posts: 246
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obiero wrote:sparkly wrote:obiero wrote:Only the foolishshould be in KQ at the moment, a suspension will be announced.. It's imminent Correction made Hehe. It's wise to make the best out of a bad situation. In so long as one doesn't need funds for the short or medium term, it's in order to commit more capital in averaging down Averaging down only makes sense on solid counters. You are more likely to recover your losses on KQ from KCB, if current upside projections come to pass. Even if they don't, KCB has a better return through dividends, than the capital gains you hope to make from KQ... these are just my thoughts.
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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Monk wrote:obiero wrote:sparkly wrote:obiero wrote:Only the foolishshould be in KQ at the moment, a suspension will be announced.. It's imminent Correction made Hehe. It's wise to make the best out of a bad situation. In so long as one doesn't need funds for the short or medium term, it's in order to commit more capital in averaging down Averaging down only makes sense on solid counters. You are more likely to recover your losses on KQ from KCB, if current upside projections come to pass. Even if they don't, KCB has a better return through dividends, than the capital gains you hope to make from KQ... these are just my thoughts. In my view KQ is on the mend and it's only a matter of time before it turns to black.. But you raise valid points HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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When the clouds turned grey :( KQ is currently trading below its restructuring price! Makes absolutely no sense.. HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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obiero wrote:When the clouds turned grey :( KQ is currently trading below its restructuring price! Makes absolutely no sense.. Markets are inherently irrational. Besides, if KQ trades at its true value (based on the books, not hopes and desires), you'll be pushed deeper into the red.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019, KQ price per share: Sh. 5.56 BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. By the way this is still a valid escape for those looking to recoup from their KQ losses.
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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rwitre wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019, KQ price per share: Sh. 5.56 BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. By the way this is still a valid escape for those looking to recoup from their KQ losses. Heri nikunywe maji ya sewage Kibera kuliko kugusa Bitcoin.. It's just not my cup of tea HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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obiero wrote:rwitre wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019, KQ price per share: Sh. 5.56 BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. By the way this is still a valid escape for those looking to recoup from their KQ losses. Heri nikunywe maji ya sewage Kibera kuliko kugusa Bitcoin.. It's just not my cup of tea Haya....msiseme hamkuambiwa
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Rank: Elder Joined: 6/23/2009 Posts: 13,472 Location: nairobi
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rwitre wrote:obiero wrote:rwitre wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019, KQ price per share: Sh. 5.56 BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. By the way this is still a valid escape for those looking to recoup from their KQ losses. Heri nikunywe maji ya sewage Kibera kuliko kugusa Bitcoin.. It's just not my cup of tea Haya....msiseme hamkuambiwa Remember me 😁 HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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obiero wrote:rwitre wrote:rwitre wrote:Let's see how wrong "experienced NSE investors" can be. I'll use bitcoin, which an elder has called takataka some time back, while strongly vouching for KQ.
As of 16th March 2019, KQ price per share: Sh. 5.56 BTC price: $3984
Will compare percentage increase/decrease after a year.
My opinion for the minority shareholders trapped in KQ: You can sell, take the loss, and plough all that cash into some BTC. It will recoup your costs, and earn you a tidy profit.
Plus let's face it-at this point KQ is just frustrating y'all (yes, even more than those in BTC with its wild price swings). So many blindspots, hidden players calling the shots, still in loss territory, and minority shareholders not knowing who is looking out for their interests.
But am not a prophet, so let's check back in a year.
Ni hayo tu kwa sasa. By the way this is still a valid escape for those looking to recoup from their KQ losses. Heri nikunywe maji ya sewage Kibera kuliko kugusa Bitcoin.. It's just not my cup of tea Bitcoin ni hewa ndio inauzwa. Towards the goal of financial freedom
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Local banks take Sh8 billion hit in KQ sharesQuote: KQ, as the national carrier is known by its international code, in 2017 issued the lenders with 2.2 billion shares to settle their loans amounting to Sh17 billion.
The shares were acquired at a price of Sh7.78 each but the airline’s stock price has since dropped 51.7 percent to close at Sh3.75 on Friday, resulting in the lenders’ paper loss of Sh8.6 billion.
This means that banks will find it difficult to sell their holdings at a profit, with KQ’s continued losses and wipeout of shareholder funds making a recovery less likely in the medium term.
The share price drop also hurts the lenders’ plans to sell an additional 663.5 million shares through the NSE over the next nine years. KQ is to issue the second batch of shares at a similar price of Sh7.78 each upon request and the lenders are to sell them immediately in the open market.
Guarantees
Losses on the second group of shares are, however, expected to be partly mitigated by government guarantees.
KQ reported a net loss of Sh7.5 billion in the year ended December when its costs surpassed its revenue significantly.
The new loss sent the airline back to a negative equity of Sh2.4 billion, meaning that the recent capital restructuring moves are inadequate and the company urgently needs more funds to stay aloft.
Individual investors in the national carrier have fared even worse since most of them will only break even when the stock trades at Sh21.2. This means that they are sitting on a paper loss of 82 per cent.
Yaani even when price recovers there will be an avalanche of supply waiting
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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rwitre wrote:Local banks take Sh8 billion hit in KQ sharesQuote: KQ, as the national carrier is known by its international code, in 2017 issued the lenders with 2.2 billion shares to settle their loans amounting to Sh17 billion.
The shares were acquired at a price of Sh7.78 each but the airline’s stock price has since dropped 51.7 percent to close at Sh3.75 on Friday, resulting in the lenders’ paper loss of Sh8.6 billion.
This means that banks will find it difficult to sell their holdings at a profit, with KQ’s continued losses and wipeout of shareholder funds making a recovery less likely in the medium term.
The share price drop also hurts the lenders’ plans to sell an additional 663.5 million shares through the NSE over the next nine years. KQ is to issue the second batch of shares at a similar price of Sh7.78 each upon request and the lenders are to sell them immediately in the open market.
Guarantees
Losses on the second group of shares are, however, expected to be partly mitigated by government guarantees.
KQ reported a net loss of Sh7.5 billion in the year ended December when its costs surpassed its revenue significantly.
The new loss sent the airline back to a negative equity of Sh2.4 billion, meaning that the recent capital restructuring moves are inadequate and the company urgently needs more funds to stay aloft.
Individual investors in the national carrier have fared even worse since most of them will only break even when the stock trades at Sh21.2. This means that they are sitting on a paper loss of 82 per cent.
Yaani even when price recovers there will be an avalanche of supply waiting The lenders were scammed into converting debt to equity. The wise ones should had sold immediately they broke even (if at all) Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,050 Location: Nairobi
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I have been saying for ages that the members/shareholders of KQLC should fully impair their holdings in KQ/KQLC. https://www.businessdail...11630-8npk19z/index.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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