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Kingfisher Airlines
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Kingfisher upward target=35....
Posted by :
winwathTracked by: 0 Boarder
Most of the proceeds of the 25% stock sale, if it happens - will go into Senor Malya`s bank account. ;)...
In reply to:
Kingfisher upward target=35....
Posted by :
marketman
Falling ATF prices is positive for the stock.... if the debt is cleared thro stock sale,the company may turn around even though there is a prolonged recesion.... 
Kingfisher upward target=35....
Posted by : marketmanTracked by: 0 Boarder
Falling ATF prices is positive for the stock.... if the debt is cleared thro stock sale,the company may turn around even though there is a prolonged recesion.......
In reply to:
Kingfisher upward target=35....
Posted by : winwath
would be nice to know a specific reason why this one should go up and not the other airliens.
ATF cuts will benefit all airlines - not their customers - so will customers still board planes? Traffic dropped 20% in October and is down 14% for nov until now
Kingfisher upward target=35....
Posted by : vkk43Tracked by: 0 Boarder
Today of course the share is sharply up....
In reply to:
Kingfisher upward target=35....
Posted by : winwath
would be nice to know a specific reason why this one should go up and not the other airliens.
ATF cuts will benefit all airlines - not their customers - so will customers still board planes? Traffic dropped 20% in October and is down 14% for nov until now
Kingfisher upward target=35....
Posted by : winwathTracked by: 0 Boarder
would be nice to know a specific reason why this one should go up and not the other airliens.
ATF cuts will benefit all airlines - not their customers - so will customers still board planes? Traffic dropped 20% in October and is down 14% for nov until now...
In reply to:
Kingfisher upward target=35....
Posted by : marketman
Stock sale news and cut in ATF prices are the near term positives for the stock.... the scrip is expected to move upto 35 in coming sessions.... nearly 30% appreciation is possible from present levels within short span of time....
Kingfisher upward target=35....
Posted by : marketmanTracked by: 0 Boarder
Stock sale news and cut in ATF prices are the near term positives for the stock.... the scrip is expected to move upto 35 in coming sessions.... nearly 30% appreciation is possible from present levels within short span of time.......
USA penalyises everybody
Posted by : rvk41Tracked by: 0 Boarder
Last year Vijay Mallya, India`s self-proclaimed king of good times, was flying high. The liquor tycoon, who is known for his flamboyant lifestyle that includes yachts, vintage cars and a stud farm, closed perhaps the biggest deal of his life. His UB Group, a liquor conglomerate that he`d inherited from his father, had become the world`s second-largest spirits group after its $1.2 billion purchase of Scottish distiller Whyte & Mackay. In the airline business, he scooped up low-cost carrier Air Deccan and merged it with his Kingfisher Airlines to become the country`s biggest domestic carrier. All of this helped Mallya`s net worth climb to $1.6 billion.
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But the party is over for now. Mallya`s net worth tumbled to $390 million as his liquor stocks got hit; his main holding, United Breweries (Holdings), is down 87% since its January high. The news could get worse still. It was reported that his airline has defaulted on aircraft lease payments; Kingfisher denied it. He is one of 6 members of last year`s top 40 who failed to make the cut, despite a minimum net worth of $760 million, less than half of last year`s $1.6 billion. Other notable dropoffs include Gautam Thapar, head of India`s largest papermaker, Ballarpur Industries, and president of the Professional Golf Tour of India, and real estate baron Rakesh Wadhawan, whose Housing Development & Infrastructure stock was pounded amid rumors that the company was overstretched.
For information,USA`s Subprime & Mortgage Bunglings Touches Every one
with regards
rvk41...
Tracked by: 0 Boarder
BUY KFA WITH A STOPLOSS AROUND 26-27 WITH A TARGET OF 36....
Stocks in news: Kingfisher, RIL, ICICI Bank, India Infoline
Posted by : MMB MessengerTracked by: 0 Boarder
Stocks in news: India Infoline got in-principle approval from SEBI for sponsoring mutual fund. RIL shut 5 polyester units, has given exit option to 800 employees. Moody’s has reaffirmed its bank financial strength rating for ICICI Bank UK....
Kingfisher air target=50....
Posted by : marketmanTracked by: 0 Boarder
Though it is a loss making company in recent quarters,the reduced ATF prices may change its fate atleast in the near term.... the investors are buying for bounceback returns.... the scrip can move to 50 levels in coming sessions.... buying interest by its old promoter is a positive for the counter.......
BSE Announcements on Kingfisher Air
Posted by : MMB MessengerTracked by: 0 Boarder
Kingfisher Airlines Ltd has informed BSE about the revised unaudited financial results for the Quarter ended Jun 30, 2008....
NSE Announcements on Kingfisher Air
Posted by : MMB MessengerTracked by: 0 Boarder
Kingfisher Airlines Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 31, 2008) regarding the the details of the deployment of Net IPO proceeds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Kingfisher Air
Posted by : MMB MessengerTracked by: 0 Boarder
Kingfisher Airlines Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 31, 2008) that "The statutory Auditors of the Company have qualified their audit report of the financial statements for the period ended March 31, 2008 regarding the treatment of certain subsidies provided to the company by one of its suppliers in conjunction with lease of aircrafts on operating lease basis taken during the 15 months ended June 30, 2006. As a result, the loss for the Current quarter is overstated by Rs.119 lakhs"....
BSE Announcements on Kingfisher Air
Posted by : MMB MessengerTracked by: 0 Boarder
Kingfisher Airlines Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008....
BSE Announcements on Kingfisher Air
Posted by : MMB MessengerTracked by: 0 Boarder
Kingfisher Airlines Ltd has informed BSE about the unaudited financial results for the Quarter ended Jun 30, 2008....
BSE Announcements on Kingfisher Air
Posted by : MMB MessengerTracked by: 0 Boarder
Kingfisher Airlines Ltd has informed BSE regarding a Press Release, titled "Kingfisher Airlines Limited- Commentary on the Results for the half year ended 30th September, 2008"...
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