Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore.. end 2025
Rank: Chief Joined: 1/3/2007 Posts: 18,439 Location: Nairobi
|
Monk wrote:Akenyan2014 wrote:Give us a break, I think we need a consultant to do civic education about KQ. When air traffic controllers go on strike it is Not KQ, it is KCAA staff. When JKIA gets fire, it is Not KQ, it is KAA premises on fire. When you see a huge KQ advert on Mombasa road painted the Pride of Africa that structure Not owned KQ, it is Ogilvy or equivalent advertising firm carrying out advertising work on behalf of the client KQ. In every negative news in aviation the headlines on many dailies carry 'gory' pictures of the otherwise healthy KQ aircraft.Even for an airport tender gone sour they still hang a placard of the dreamliner on the headlines NKT  KQ needs to sue those mischievous reporters in the spirit of supporting the new amendments to the Security laws. @Akenyan, you missed the point @VVS was making by a mile...  @Monk one can only  for KQ. You got my point. It matters little whether it is KCAA's 'fault' or KAA's 'premises' that catch fire... It's KQ that pays the price for grounded aircraft, delayed flights, pricey taxiing or circling around JKIA... KQ makes money when its aircraft are in the air full of passengers & cargo. Not when the planes are sitting on the ground, empty... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
|
the problem with KQ is that there are too many people/institutions that are wishing it ill luck.. Some call it juju.. COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
|
|
|
Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
|
@ VVS, I din't miss your point , you had none. You are right @Obiero on this one. It is not that I don't reckon the myriad of challenges but are you not aware that most of these issues being raised daily affect all other airlines as well? Kenyans have never been proud of anything they own. Only giving negative sides of parastatals even when they try to make a small profit.
Remember what happened to Orange. All the time it was making losses, and state diluting its shareholding. Only to come out last year and say it made a profit - long after the govt. had found its holding diluted.
|
|
|
Rank: New-farer Joined: 2/28/2014 Posts: 42
|
Akenyan2014 wrote:@ VVS, I din't miss your point , you had none. You are right @Obiero on this one. It is not that I don't reckon the myriad of challenges but are you not aware that most of these issues being raised daily affect all other airlines as well? Kenyans have never been proud of anything they own. Only giving negative sides of parastatals even when they try to make a small profit.
Remember what happened to Orange. All the time it was making losses, and state diluting its shareholding. Only to come out last year and say it made a profit - long after the govt. had found its holding diluted.
@Akenyan, if @VVS had no point, then it is also pointless of you to get annoyed, more so over no point. The go-slow will obviously eat up KQ's revenues, in one way or another Good judgement is often the result of experience. Experience is often the result of bad judgement - Mark Twain.
|
|
|
Rank: Member Joined: 2/20/2007 Posts: 767
|
Akenyan2014 wrote:@ VVS, I din't miss your point , you had none. You are right @Obiero on this one. It is not that I don't reckon the myriad of challenges but are you not aware that most of these issues being raised daily affect all other airlines as well? Kenyans have never been proud of anything they own. Only giving negative sides of parastatals even when they try to make a small profit.
Remember what happened to Orange. All the time it was making losses, and state diluting its shareholding. Only to come out last year and say it made a profit - long after the govt. had found its holding diluted.
Kuwa mpole @ ak. KQ is hardest hit by these issues as it uses JKIA as its hub. All their aircraft pass through JKIA as opposed to other airlines where only a few aircraft need to come to JKIA. In addition, other airlines can choose not to come to Nrb if issues get elephant. KQ cannot do that. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,439 Location: Nairobi
|
LMAO... Watu wana-catch feelings over KQ even when one sympathizes with KQ. Sawa. I (thankfully) sold off my KQ years ago during the Rights Issue thanks to convincing data & arguments/discussions. The rest is history. Sources: 1) http://www.investinginaf...8/kenyan-ceo-ownership/
2) http://coldtusker.blogsp...&utm_medium=twitter
3) http://coldtusker.blogsp...ther-kenya-airways.html
And of course fellow wazuans like @kausha Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,439 Location: Nairobi
|
obiero wrote:the problem with KQ is that there are too many people/institutions that are wishing it ill luck.. Some call it juju..  ... BTW, how's the dividend?  Oops, I meant the possibility of a dividend in 2018 only if the shareholders pump in a plenty of ma-billions to wipe off the debts! So get ready to support your hometown airline by buying more, more, more shares in the Rights Issue! I estimate KQ needs at least Shs 30bn to enable it reduce the debt [interest payments] to manageable levels. Current Market Cap with 1.5bn shares issued = 13bn [which is now lower than what KQ raised in the 2012 Rights Issue] Raising 30bn means issuing 3.5bn shares... Get your RTGS ready! JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU...Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
VituVingiSana wrote:obiero wrote:the problem with KQ is that there are too many people/institutions that are wishing it ill luck.. Some call it juju.. ... BTW, how's the dividend? Oops, I meant the possibility of a dividend in 2018 only if the shareholders pump in a plenty of ma-billions to wipe off the debts! So get ready to support your hometown airline by buying more, more, more shares in the Rights Issue! I estimate KQ needs at least Shs 30bn to enable it reduce the debt [interest payments] to manageable levels. Current Market Cap with 1.5bn shares issued = 13bn [which is now lower than what KQ raised in the 2012 Rights Issue] Raising 30bn means issuing 3.5bn shares... Get your RTGS ready! JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... Wow! That's some serious math @vvs. Hadn't looked at the market cap for a while. Indeed another heavy dilutive rights issue if one comes up!! And more prayers if those fuel hedges still exist with the current oil nosedive... Those hedging losses won't be funny plus the tourism slump and the ebola ugliness. Titanium balls needed...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,439 Location: Nairobi
|
hisah wrote:VituVingiSana wrote:obiero wrote:the problem with KQ is that there are too many people/institutions that are wishing it ill luck.. Some call it juju.. ... BTW, how's the dividend? Oops, I meant the possibility of a dividend in 2018 only if the shareholders pump in a plenty of ma-billions to wipe off the debts! So get ready to support your hometown airline by buying more, more, more shares in the Rights Issue! I estimate KQ needs at least Shs 30bn to enable it reduce the debt [interest payments] to manageable levels. Current Market Cap with 1.5bn shares issued = 13bn [which is now lower than what KQ raised in the 2012 Rights Issue] Raising 30bn means issuing 3.5bn shares... Get your RTGS ready! JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... JUJU... Wow! That's some serious math @vvs. Hadn't looked at the market cap for a while. Indeed another heavy dilutive rights issue if one comes up!! And more prayers if those fuel hedges still exist with the current oil nosedive... Those hedging losses won't be funny plus the tourism slump and the ebola ugliness. Titanium balls needed... I have balls of clay when it comes to 'loser' investments. Comprehensive PBT Loss of 13.5bn in 6 months. I do not see a profit for the 2H seeing how few tourists are showing up. Add the continuing ebola scare + al-shabaab. As for lower oil/fuel prices, KQ will benefit but also lose on hedges in place. KQ has stopped giving detailed info. What are they scared of? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 10/4/2006 Posts: 13,823 Location: Nairobi
|
the truth is that air travel is not profitable for airlines... worldwide. air travel is great for oil companies and airplane manufacturers but not for airlines. Why? it's competition! the airline industry competes it's profits away. All Mushrooms are edible! Some Mushroom are only edible ONCE!
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore.. end 2025
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.
|