KQ – Quick Hits

Thursday, April 08, 2010


Kenya Airways has been on a rally for over six months driven by what they say is foreign investor demand. It has been the darling of my small portfolio at the NSE, posting an over 100% rise in price to stand at the current Ksh.60. I’ve been keeping tabs on it, just incase I’m caught off side with another workers strike. Their service however, is still in bad taste to many. Competition on its African routes is getting stiffer as Ethiopian Airways ups its game but lucky the hedged fuel contracts ghost is fading as oil prices Increase. Any way, I’m still watching patiently, with a finger on the ‘sell button’.

7 comments

Anonymous said...

I have some i want to off-load. What price is it going to make U hit the "sell" button?

Thu Apr 08, 06:44:00 PM EAT
kainvestor said...

@Anon: a sell decision is hinged on various factors including a gain on my average buying price. Actually at Ksh.60, the share price is on a down wards trend from a high of Ksh.66 recently.

Thu Apr 08, 09:10:00 PM EAT
Shiko-Msa said...

I can so relate with those who want to sue KQ for unexplained delays. It's becoming too commonplace of late.

Mon Apr 12, 08:35:00 AM EAT
evision said...

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Thu Apr 15, 08:42:00 AM EAT

They made a profit despite the many challenges.

Sun Jun 06, 08:30:00 PM EAT
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Tue Jan 18, 01:41:00 PM EAT
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Information on this blog is based on data available to the author and his own personal opinion. The author cannot guarantee the accuracy or completeness of the information on this blog.