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Kenya Airways 2011/12 Financial Results
mwekez@ji
#71 Posted : Friday, June 15, 2012 10:30:11 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
DAMN!!! Not a single positive comment. Retail investors sentiments on this counter are loud and clear
mwekez@ji
#72 Posted : Friday, June 15, 2012 11:10:04 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Aguytrying wrote:
mwekez@ji wrote:
@Aguy, Institutional investors must be owning over 90% of KQ. Thats an informed group. Wanjiku can capitulate, institutionals wont.


thats the same thing ppl thought after kplc rights issue. has that prevented the counter from going way below rights price?
kq is a monkey(for now)


What ails KP? It has good prospects especially with the review in power tariff. Is it the change in dividend policy that has spooked the investors?
Simplified
#73 Posted : Friday, June 15, 2012 11:48:53 PM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
Hunderwear wrote:
http://www.facebook.com/PrideofAfrica/posts/10150902982648800

Dont quote me but am almost sure the suckers were about to takeoff witthout fuel!!!!!!!!!This is the way they are playing with the shareholder money



Kenya scareways..Laughing out loudly
Hug the bear....ride the bull.....di$mount!!!
VituVingiSana
#74 Posted : Saturday, June 16, 2012 1:15:28 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Did any Wazuans apply for the Rights? Why?
[Not judging, just asking]

Also read http://coldtusker.blogsp...nya-airways-rip-off.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#75 Posted : Saturday, June 16, 2012 9:38:13 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi


@hunderwear. What you are suggesting is IMPOSSIBLE. Too many checks and balances, too many people involved here for this to happen. There isn't even a remote chance of this happening.
A. The pilots are very particular about this
B. there is an engineer whose job is mainly to dispatch an aircraft with fuel.
C. There is a ground staff assigned tO ensure that refuelling is comPlete in good time.
D. Load controller who does the weight and balance provides weights based on actual fuel on aircraft.
E. the airplane has its own warning systems which tell u even before u start engines that there is something wrong ie not enough fuel to destination.

U have to understand that the policy is to take enough fuel to destination + alternate plus other fuel legally required(plus KQ policy fuel which is higher than legal reqmts). So unlike a car, we don't JAZA as that extra fuel is just dead weight ie ur burning fuel to carry this extra fuel. So we just take minimum fuel reqd for the journey. However, if a turnback is done for whatever reason, like was on the case on that MBA, you have burnt the some fuel, depending on the aircraft between 16-35 kgs per minute on ground and since u have taken minimum fuel required and u have burnt close to 100-200kgs during start,taxi out and then back in, u need a top up.

@VVS. THE NBO-ACC route, the unscheduled stop in DLA can again happen for various reasons.
A. That route is mainly flown over the equator/over the DRC which is known area for severe thunderstorms even at high altitude. Note that the weather forecasts don't accurately predict severe weather and deviations u have to make off track which chews up your fuel enroute. Sometimes u are off track avoiding lightening and thunderstorms by over 80nm(almost 148kms) north or south of your planned fuel efficient track. Also weather forecasts in these areas are not the most accurate.
B. going to the West, winds forecasted might have been headwinds but in flight, several times I have noticed that the actual winds are completely opposite and in some cases, you just have to make a tech stop as the winds are actually unfavourably extreme.
C. Air traffic - you make be planned on the flight plan to fly 38000 feet. However, due to traffic on that level, turbulence etc you are told by ATC to maintain 34000. The lower you are to ur optimum altitude, the more fuel u burn. this scenario is very possible in Kinshasa airspace.


youcan'tstopusnow
#76 Posted : Saturday, June 16, 2012 10:58:10 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Horton, way to go for breaking it down for us. Kazi nzuri!
GOD BLESS YOUR LIFE
youcan'tstopusnow
#77 Posted : Saturday, June 16, 2012 11:11:30 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Apparently, foreigners paying for their rights boosted the Kenya Shillingsmile
http://www.businessdaily.../-/4msc6vz/-/index.html
GOD BLESS YOUR LIFE
Aguytrying
#78 Posted : Saturday, June 16, 2012 4:56:42 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
youcan'tstopusnow wrote:
Apparently, foreigners paying for their rights boosted the Kenya Shillingsmile
http://www.businessdaily.../-/4msc6vz/-/index.html


they help us as we screw them. sounds fair
The investor's chief problem - and even his worst enemy - is likely to be himself
QW25091985
#79 Posted : Saturday, June 16, 2012 5:47:16 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
I always thought there was something suspicous about the counter.
The market rallied heavily on huge foreign demand but the counter never moved. Now atleast we know why.
mwekez@ji
#80 Posted : Saturday, June 16, 2012 8:07:57 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
Horton, way to go for breaking it down for us. Kazi nzuri!

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