Is buying KFA recommended?

jxcess

Active Member
#1
Guys is it very risky to buy Kingfisher at this point of time? It's nearly worth Rs. 10. What if Rs 10,000 or maybe even 100,000 is invested in it?
 
#2
fundamentals don't look good, debt is very high, other airlines are putting huge competition to it.
from technical perspective it's long term downtrend do not seem to end as of now.
Personally I would not prefer to buy it. .. but I'm a beginner ;)
 

SexyTrader

Well-Known Member
#3
Guys is it very risky to buy Kingfisher at this point of time? It's nearly worth Rs. 10. What if Rs 10,000 or maybe even 100,000 is invested in it?
All the money you shall pay to buy Kingfisher goes towards paying off its huge debts :p
So buying Kingfisher now is taking the responsibility to pay off Vijay Mallya's extravagant debts to the extent of the amount you pay for the shares you buy :D

Why do that ? :p
 

jxcess

Active Member
#4
All the money you shall pay to buy Kingfisher goes towards paying off its huge debts :p
So buying Kingfisher now is taking the responsibility to pay off Vijay Mallya's extravagant debts to the extent of the amount you pay for the shares you buy :D

Why do that ? :p
if there is a takeover or govt increases fdi in aviation the share prices are going to jump. the govt will not allow 5000 people to go unemployed. see how it is still supporting AI.
 

SexyTrader

Well-Known Member
#5
if there is a takeover or govt increases fdi in aviation the share prices are going to jump. the govt will not allow 5000 people to go unemployed. see how it is still supporting AI.
Even if FDI is increased, which fool will take over 8000 Cr in debts with this deal ?

Govt is supporting AI coz its India's national carrier :thumb:

And most of KFA employees have already joined elsewhere.....:thumb:

They should use the remaining aircrafts to transport high-quality local German beer to us in India, that way all debts will get resolved easily :D :p
 
#6
Putting money into KFA is not "investing". KFA is not an investable entity at all.
It is a money losing scheme.

As it stands airlines is a very tough business which very few companies across the world run profitably. Apart from the self created problems of KFA, the industry itself has a lot of problems. The bulk of costs incurred in running an airline is beyond the control of people running it (fuel cost, airport charges etc.)

Having said that you could still make money on KFA stock if you know how to time it (I don't). In any case it should not be thought of as an investment.
 
#7
Its similar to a sinking ship. It has been on a long term downtrend due to debt issues.
Avoid risking your money on such stocks unless you want to gamble and try your luck!
 

prst

Well-Known Member
#10
boss itna bada airline hai. mujhe lagta nahi kabhi dubega. Do u know what happened with satyam? the stock at one time was close to Rs. 10 until mahindra took over.
yes,
so is the case with infy..
but its difficult to find such multibaggers..
 

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