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Kenya Airways...why ignore.. end 2025
Rank: Veteran Joined: 8/16/2009 Posts: 994
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Aguytrying wrote:when mawingu was announced I was one of those who heavily criticised it.
KQ debt now stands at 130b!!!! it is the interest payments that are strangling the company and I'm sure it's the reason they are selling the land. to retiroe some debts.
It still will not be enough if mawingu continues as planned. I don't see any change in fortunes in the near future. @aguy I see you hacked it! The sale is all about cashflows. When you need cash badly, it doesn't matter if your cow is just about to give birth. You only have one choice, sell it! KQ is unfortunately in an ugly financial spot and with limited choices. 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: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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guru267 wrote:obiero wrote:the land was idle and highly unutilised for many years.. those who live in Nyayo Estate know what im talkin about. its good for KQ to dispose it Selling prime land to cushion terrible results is just a bad idea! @Obeiro still burying his head under the sand. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Magnate wrote:waiting for it sub 2 we mumias it after a GOK bail out.
shetani ashindwe COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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sparkly wrote:guru267 wrote:obiero wrote:the land was idle and highly unutilised for many years.. those who live in Nyayo Estate know what im talkin about. its good for KQ to dispose it Selling prime land to cushion terrible results is just a bad idea! @Obeiro still burying his head under the sand. im loving the ride, many good things lined up for the pride of africa.. wont go into details coz its been said here before.. expect a tidy profit next year.. im still buying COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Any one has data on how they have managed operational costs for the last three years ( up/downn, graph etc)
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Brand New Dreamliner spotted at Heathrow hangar today. Should be in Kenya by tomorrow. Madam Koki will deliver COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Member Joined: 8/27/2010 Posts: 495 Location: Nairobi
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obiero wrote:Brand New Dreamliner spotted at Heathrow hangar today. Should be in Kenya by tomorrow. Madam Koki will deliver ? Next Dreamliner is 5Y-KZG, whose parts are just now arriving in Charleston for assembly. KQ started flying the Dreamliner to London today (19.01.2015). Maybe that's the one there now, leaving back to Nairobi tonight. Sent from my Black Nokia 3310
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Brand New Dreamliner spotted at Heathrow hangar today. Should be in Kenya by tomorrow. Madam Koki will deliver.. Meanwhile KQ staff have for the first time ever accepted a pay reduction!!! COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,439 Location: Nairobi
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Perhaps KQ will make a Operations Profit in 2H 2014-15. The pay reduction is a good sign. Nevertheless, this doesn't mean I recommend KQ shares. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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VituVingiSana wrote:Perhaps KQ will make a Operations Profit in 2H 2014-15. The pay reduction is a good sign. Nevertheless, this doesn't mean I recommend KQ shares. No profit in h2, but a massive rebound in h1 2015 COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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