wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

9 Pages«<34567>»
Kenya Airways 2011/12 Financial Results
Options
Previous Topic · Next Topic
Aguytrying
#41 Posted : Thursday, June 14, 2012 1:29:59 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
Aguytrying wrote:
hisah wrote:
I'm shocked they've declared dividends. I was expecting them to hold onto that cash now that the rights got undersub... However dividend has been cut down by 1.25/- to 25cts from 1.50/-

Passengers aboard this stock are advised to fasten their seatbelts for the nosedive.


They've actually increased the dividend payout.

last year 1.5/7.65(eps)= 20% pay out

This year 0.25/1.11(eps)= 22.5% payout. ( new shares included) I think they are hoping this will save them.

@Aguy - I hadn't factored the new shares from the rights issue. Indeed an increment of the dividend payout! I don't understand this KQ management reasoning. They should hold on to cash and avoid debt financing for a while esp with the current high interest rates. Investors should vote down the dividend pay at the AGM. Also tough questions need to be asked to the management since it seems they're making more money from hedges than the business operations!


The management has simply lost it! I like something the CEO of emirates said about hedges and fuel bill. He concentrates on the business(which he knows very well) and leaves the hedges alone as they are complicated.
Add to the cocktail a potential 150-300m share float 10-20%, and its enough to have one scampering to the wood works.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
VituVingiSana
#42 Posted : Thursday, June 14, 2012 1:32:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
@AGuyTrying - Yes, Tim Clark, brilliant CEO of Emirates said just that! He unlike the fool who purports to run KQ knows what he is doing.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
youcan'tstopusnow
#43 Posted : Thursday, June 14, 2012 2:25:27 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
@AGuyTrying - Yes, Tim Clark, brilliant CEO of Emirates said just that! He unlike the fool who purports to run KQ knows what he is doing.

KLM+GOK seems to think he's been doing just fine as they've stuck with him...
GOD BLESS YOUR LIFE
Back to top
WWW
  |
muganda
#44 Posted : Thursday, June 14, 2012 2:27:34 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
On any given day, all young men aspire to fly. So it is a sad day when KQ mercilessly crashes and burns all here who chose to believe in its proud red emblem.

Time to move forward:
Reminiscences of a Stock Operator wrote:

Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.

Losing money is the least of my troubles. A loss never troubles me after I take it. I forget it overnight. But being wrong – not taking the loss – that is what does the damage to the pocket book and to the soul.
Back to top
  |
youcan'tstopusnow
#45 Posted : Thursday, June 14, 2012 2:30:04 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Funny how chaps go from grace to grass. 2 years back Naikuni was better than Jesus and every shareholder and his kittens was beaming. Now he's the Anti-Christ! Ama Naikuni was not C.E.O when KQ was at 65 bob?;-)
GOD BLESS YOUR LIFE
Back to top
WWW
  | | Edit by user: Thursday, June 14, 2012 2:31 PM | Reason: Not specified
VituVingiSana
#46 Posted : Thursday, June 14, 2012 2:35:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
@AGuyTrying - Yes, Tim Clark, brilliant CEO of Emirates said just that! He unlike the fool who purports to run KQ knows what he is doing.

KLM+GOK seems to think he's been doing just fine as they've stuck with him...
Yes, they think so but the performance speaks otherwise!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
youcan'tstopusnow
#47 Posted : Thursday, June 14, 2012 2:35:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
muganda, mimi biashara ya ndege huogopaSad
Mara volcanic from Iceland, etc. Plus the workers seem to hold a strike every year!
GOD BLESS YOUR LIFE
Back to top
WWW
  |
VituVingiSana
#48 Posted : Thursday, June 14, 2012 2:37:39 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
youcan'tstopusnow wrote:
Funny how chaps go from grace to grass. 2 years back Naikuni was better than Jesus and every shareholder and his kittens was beaming. Now he's the Anti-Christ! Ama Naikuni was not C.E.O when KQ was at 65 bob?;-)
He lost the plot. When he started doing all sorts of interviews & stuff not related to the business. I was blinded too. Why is he on other boards? Look at Segman who runs one firm. KK. 100%.
Naikuni is on Access K & EAPCC. He was on CFC's prior to the restructuring.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
youcan'tstopusnow
#49 Posted : Thursday, June 14, 2012 2:39:42 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
youcan'tstopusnow wrote:
VituVingiSana wrote:
@AGuyTrying - Yes, Tim Clark, brilliant CEO of Emirates said just that! He unlike the fool who purports to run KQ knows what he is doing.

KLM+GOK seems to think he's been doing just fine as they've stuck with him...
Yes, they think so but the performance speaks otherwise!

Do you know if he operates on a contract like KCB's Oduor?
GOD BLESS YOUR LIFE
Back to top
WWW
  |
VituVingiSana
#50 Posted : Thursday, June 14, 2012 2:46:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
youcan'tstopusnow wrote:
VituVingiSana wrote:
@AGuyTrying - Yes, Tim Clark, brilliant CEO of Emirates said just that! He unlike the fool who purports to run KQ knows what he is doing.

KLM+GOK seems to think he's been doing just fine as they've stuck with him...
Yes, they think so but the performance speaks otherwise!
Do you know if he operates on a contract like KCB's Oduor?
What does MOO's contract say? How is it tied to performance?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
9 Pages«<34567>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.