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Kenya Airways FY 2012/13 after tax loss of 7.8bn
Rank: Member Joined: 7/14/2011 Posts: 171
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sad story it is. such petty cost cutting measures.. totally unserious!! somebody needs to do something & now hii kitu iko saidi mbaya sana. You kill bird...bird dead snake come.
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Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
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hisah wrote:May be if the management is forced to own the shares I'm sure they'll perform a recovery miracle... This is but a dream. At the last AGM, there was a shareholder who asked them how many shares Management owned in KQ. He was given a roundabout answer. Bottomline: They don't own (significant) shares. These AGMs can be quite interesting. That should have been a clue to bail out of KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
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Pesa Nane wrote:Quote:Among other cost-cutting measures adopted is “reducing over-catering” where the company will cut the amount of foods and drinks offered to passengers Be sure to enjoy your meal before boarding that KQ flight. Over a lunch-hour flight, they only served a HALF portion of Beef/Fish + Rice and a tiny piece of cake!!. Fullstop. Welcome to Kenya Hungerways.  LMAO...  I am OK with no meal on short flights. What's the point? I would rather have a cheaper flight & eat what I want rather than what they serve me! I fly economy so my choices on meals/drinks are limited anyway! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
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Pesa Nane wrote:Quote:Among other cost-cutting measures adopted is “reducing over-catering” where the company will cut the amount of foods and drinks offered to passengers Be sure to enjoy your meal before boarding that KQ flight. Over a lunch-hour flight, they only served a HALF portion of Beef/Fish + Rice and a tiny piece of cake!!. Fullstop. Welcome to Kenya Hungerways. LMAO... I am OK with no meal on short flights. What's the point? I would rather have a cheaper flight & eat what I want rather than what they serve me! I fly economy so my choices on meals/drinks are limited anyway! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:Pesa Nane wrote:Quote:Among other cost-cutting measures adopted is “reducing over-catering” where the company will cut the amount of foods and drinks offered to passengers Be sure to enjoy your meal before boarding that KQ flight. Over a lunch-hour flight, they only served a HALF portion of Beef/Fish + Rice and a tiny piece of cake!!. Fullstop. Welcome to Kenya Hungerways. LMAO... I am OK with no meal on short flights. What's the point? I would rather have a cheaper flight & eat what I want rather than what they serve me! I fly economy so my choices on meals/drinks are limited anyway! If the flight is less than 3 hours then no food, no drinks and possibly no toilet!!! Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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guru267 wrote:VituVingiSana wrote:Pesa Nane wrote:Quote:Among other cost-cutting measures adopted is “reducing over-catering” where the company will cut the amount of foods and drinks offered to passengers Be sure to enjoy your meal before boarding that KQ flight. Over a lunch-hour flight, they only served a HALF portion of Beef/Fish + Rice and a tiny piece of cake!!. Fullstop. Welcome to Kenya Hungerways. LMAO... I am OK with no meal on short flights. What's the point? I would rather have a cheaper flight & eat what I want rather than what they serve me! I fly economy so my choices on meals/drinks are limited anyway! If the flight is less than 3 hours then no food, no drinks and possibly no toilet!!! A toilet should be thera hata kama na ya ku pee tu. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Impunity wrote:guru267 wrote:VituVingiSana wrote:Pesa Nane wrote:Quote:Among other cost-cutting measures adopted is “reducing over-catering” where the company will cut the amount of foods and drinks offered to passengers Be sure to enjoy your meal before boarding that KQ flight. Over a lunch-hour flight, they only served a HALF portion of Beef/Fish + Rice and a tiny piece of cake!!. Fullstop. Welcome to Kenya Hungerways. LMAO... I am OK with no meal on short flights. What's the point? I would rather have a cheaper flight & eat what I want rather than what they serve me! I fly economy so my choices on meals/drinks are limited anyway! If the flight is less than 3 hours then no food, no drinks and possibly no toilet!!! A toilet should be thera hata kama na ya ku pee tu. @Impunity, kutosoma ridicule nayo
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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VituVingiSana wrote:Pesa Nane wrote:Quote:Among other cost-cutting measures adopted is “reducing over-catering” where the company will cut the amount of foods and drinks offered to passengers Be sure to enjoy your meal before boarding that KQ flight. Over a lunch-hour flight, they only served a HALF portion of Beef/Fish + Rice and a tiny piece of cake!!. Fullstop. Welcome to Kenya Hungerways. LMAO... I am OK with no meal on short flights. What's the point? I would rather have a cheaper flight & eat what I want rather than what they serve me! I fly economy so my choices on meals/drinks are limited anyway! That exactly why you have budget airlines and KQ ain't one of them!! Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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This share price never ceases to amaze!! That 10bob support looks rock solid  Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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May be it'll assist KK to be de-blacklisted in participating in "import bidding" The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Hii Biashara ni ngumu kweli
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Titus naikuni is the new Chancellor of South Eastern Kenya University(SEKU. Now its up to him to make the most awaited announcement. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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guru267 wrote:This share price never ceases to amaze!! That 10bob support looks rock solid I guess the shareholders left are pretty much resigned to their fate and are just too weary to sell ATM. But remember the price was stuck in the 12.00 to 13.00 range for a while not too long ago. No doubt the 10.00 support will collapse in its own good time as well.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Just like KK the supply test will come. Patience... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Pesa Nane wrote:VituVingiSana wrote:Pesa Nane wrote:Quote:Among other cost-cutting measures adopted is “reducing over-catering” where the company will cut the amount of foods and drinks offered to passengers Be sure to enjoy your meal before boarding that KQ flight. Over a lunch-hour flight, they only served a HALF portion of Beef/Fish + Rice and a tiny piece of cake!!. Fullstop. Welcome to Kenya Hungerways. LMAO... I am OK with no meal on short flights. What's the point? I would rather have a cheaper flight & eat what I want rather than what they serve me! I fly economy so my choices on meals/drinks are limited anyway! That exactly why you have budget airlines and KQ ain't one of them!! KQ will turn into an air matatu at this rate. Zero comfort, as long as you get there. Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:hisah wrote:May be if the management is forced to own the shares I'm sure they'll perform a recovery miracle... This is but a dream. At the last AGM, there was a shareholder who asked them how many shares Management owned in KQ. He was given a roundabout answer. Bottomline: They don't own (significant) shares. These AGMs can be quite interesting. That should have been a clue to bail out of KQ. On Friday someone suggested that the pilots be compensated with some shares(instead of a pay hile), I dont know what Naikuni said on that but the pilots rejected that and said they'd only do it if the management takes up shares too. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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KQ share holds firm after loss - www.businessdailyafrica..../-/1081amtz/-/index.html Quote: Analysts said the share benefited from a lack of panic selling by investors. Having opened Monday trading at
Sh10.10, it gained 20 cents to close at Sh10.30 a share, with volumes of 198,000 shares traded. Don't get suckered. Remember KK post results, steady then nosedive to 9. Wait for the supply test on KQ. 10/- is no floor until volume says so. Some volume spread reading. What happened to the price when that big volume spike checked in?  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Yesterday- 198,00 shares traded Average price:10.40 High: 10.70 Low: 10.00 Today will give a clear picture on where this counter will head in the weeks to follow, but it is obvious that there was no panic selling African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Kenya Airways FY 2012/13 after tax loss of 7.8bn
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