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KQ all the way to the World Cup!
Rank: Elder Joined: 12/6/2008 Posts: 3,549
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Now kq staff want to strike unless the 'big profits' are put into their payslips. What do Kenyans not understand about well managed companies making profit for shareholder? We are doomed! Companies should announce losses to avoid problems! Meru Holiness
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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What is this I hear in the news of another strike in the works? Are the KQ staff serious?? Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Much Know wrote:Now kq staff want to strike unless the 'big profits' are put into their payslips. What do Kenyans not understand about well managed companies making profit for shareholder? We are doomed! Companies should announce losses to avoid problems! HAHA! Airline business si mchezo kweli. GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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If there is anything of the sort,Titus should just take a big red pen.
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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Yeah. they are actually planning another strike......WAPI KQ spokeman @VVs , to clarify this for us.....ahah.After being given a slap on one cheek by MSC i turn again only to be given another slap on the other cheek by KQ . OH My God !!!!!!!!!!!!!!!!!!!!!!!!!!!!! Your future depends on your dreams so go to sleep !
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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Much Know wrote:Now kq staff want to strike unless the 'big profits' are put into their payslips. What do Kenyans not understand about well managed companies making profit for shareholder? We are doomed! Companies should announce losses to avoid problems! what big profits? Bulk of em is paper crap! unless it's the hedging dept going on strike!!! Less than 3% revenues end up as profits after tax!!!! How the hell do you call this thing well managed??  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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I do not know if there is a strike planned BUT there are thousands of Kenyans & Africans without jobs... KQ should FIRE those who go on strike for more pay without productivity gains... It is better for KQ to hire Liberians, Zambians, Ugandans, Ghanaians, Nigerians, Chinese, Indians, Brits, etc... since KQ is a Regional (+ international) airline... Forget the idiots who don't want to produce more... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/6/2008 Posts: 3,549
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@proverb, one of the reasons 'operating margin' keeps falling as u ALWAYS run to point out is these demands by staff. BTW operating margins for airlines say very little as they are prone to many external factors hence coping strategies like hedging, they can be .01 of revenue one time and .3 of revenue the next. Again as a well managed company grows in a competitive enviroment its revenues rise high margins will drop as its profit grow by bits, so what are we comparing kq to in this case? Meru Holiness
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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Hakuna mgomo, two rival workers unions(offices) are fighting for supremacy.KQ workers were suprised to see on tv that there was a supposed plan for a strike.
If you have money ingia now when there's these jitters, October 5th......tuongee!
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Pierce wrote:I said this in another thread on KQ, perfomance particularly due to the World Cup is good......very good.
Nuff said, once again.
@ Pierce, you are right about the world cup effect. My only concern is that this is a one off thing and so while it may assist to bost earnings in the short term, this will definately not recur in future. Investors therefore discount this in the pricing. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Much Know wrote:Now kq staff want to strike unless the 'big profits' are put into their payslips. What do Kenyans not understand about well managed companies making profit for shareholder? We are doomed! Companies should announce losses to avoid problems! Not true. It has to do with job group evaluations. And the strike was called by a faction of the union and not the governing body itself
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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VituVingiSana wrote:I do not know if there is a strike planned BUT there are thousands of Kenyans & Africans without jobs... KQ should FIRE those who go on strike for more pay without productivity gains...
It is better for KQ to hire Liberians, Zambians, Ugandans, Ghanaians, Nigerians, Chinese, Indians, Brits, etc... since KQ is a Regional (+ international) airline... Forget the idiots who don't want to produce more... They do have Ghanaian and Cameroonian cabin crew. They also have Zambian, Tanzanian, Ugandan and Rwandese pilots
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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Horton wrote:VituVingiSana wrote:I do not know if there is a strike planned BUT there are thousands of Kenyans & Africans without jobs... KQ should FIRE those who go on strike for more pay without productivity gains...
It is better for KQ to hire Liberians, Zambians, Ugandans, Ghanaians, Nigerians, Chinese, Indians, Brits, etc... since KQ is a Regional (+ international) airline... Forget the idiots who don't want to produce more... They do have Ghanaian and Cameroonian cabin crew. They also have Zambian, Tanzanian, Ugandan and Rwandese pilots We need more non-Kenyans then IF the Kenyan staff want to act funny!!! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/8/2008 Posts: 77
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Been patiently waiting for an entry opportunity, which seems to be presenting itself now, as the faint hearted exit the share. Will keep my eyes fixed on KQ in the coming month to collect my due shares! Every cloud has a silver lining..
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