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Kenya Airways...why ignore..

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VituVingiSana		#1451 Posted : Tuesday, March 24, 2015 10:20:45 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,380 Location: Nairobi		obiero wrote: Ericsson wrote: KQ will make the biggest loss in Kenya's corporate history. I foresee minimum loss ksh.18bn before tax. This will wipe out all the retained earnings and company will now be technically insolvent Pepo mbaya. Wit the sale of four planes and the 'unfortunate' sale embakasi land, do you think what you have written is possible?? 1) Are the planes being 'retired' leased or owned by KQ? 2) If they are owned by KQ, what is the estimated selling price vs the Book Value? If the BV is higher than the Selling Price then KQ has to book a loss for the difference. 3) If the planes have loans and these loans are equal or greater than the Selling Price, then KQ gets ZERO cash from the sales. 4) Has KQ sold the land in Embakasi? If the process is ongoing then KQ cannot apply the proceeds/profits in FY 2014-15. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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slykat		#1452 Posted : Tuesday, March 24, 2015 11:17:07 AM
Rank: Member Joined: 2/20/2007 Posts: 359		How accurate is this? It is detailed for sure. http://www.kahawatungu.c...ase-operation-very-soon/
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Mainat		#1453 Posted : Tuesday, March 24, 2015 11:20:02 AM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		Titus did the damage. All that remains is for him to be kidero'd i.e. whatever happens to Kidero should happen to him since he has overseen the demise of KQ Sehemu ndio nyumba
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Siringi		#1454 Posted : Tuesday, March 24, 2015 1:36:31 PM
Rank: Elder Joined: 6/8/2013 Posts: 2,517		Mainat wrote: Titus did the damage. All that remains is for him to be kidero'd i.e. whatever happens to Kidero should happen to him since he has overseen the demise of KQ My thoughts exactly!!!!!!!!!!!11 Question Between Naikuni and Kidero who is Badder/ Baddest "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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mlennyma		#1455 Posted : Tuesday, March 24, 2015 1:46:06 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Long serving ceo's who can never own a single share of their brand. "Don't let the fear of losing be greater than the excitement of winning."
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Impunity		#1456 Posted : Tuesday, March 24, 2015 2:39:37 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		maka wrote: obiero wrote: Ericsson wrote: KQ will make the biggest loss in Kenya's corporate history. I foresee minimum loss ksh.18bn before tax. This will wipe out all the retained earnings and company will now be technically insolvent Pepo mbaya. Wit the sale of four planes and the 'unfortunate' sale embakasi land, do you think what you have written is possible?? Above 10bn is a real possibility,they will try window dress them but they will be terrible...btw what was the idea behind buying dreamliners then leasing them out?One is headed to Turkish airlines...there is an interesting letter KALPA to KQ HR about banks complaining that loans taken by some pilots are not being paid up... Blog! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Aguytrying		#1457 Posted : Tuesday, March 24, 2015 4:33:48 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		These individuals should be made to pay for the losses, because they also benefited at a personal level The investor's chief problem - and even his worst enemy - is likely to be himself
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obiero		#1458 Posted : Tuesday, March 24, 2015 6:09:39 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi		VituVingiSana wrote: obiero wrote: Ericsson wrote: KQ will make the biggest loss in Kenya's corporate history. I foresee minimum loss ksh.18bn before tax. This will wipe out all the retained earnings and company will now be technically insolvent Pepo mbaya. Wit the sale of four planes and the 'unfortunate' sale embakasi land, do you think what you have written is possible?? 1) Are the planes being 'retired' leased or owned by KQ? 2) If they are owned by KQ, what is the estimated selling price vs the Book Value? If the BV is higher than the Selling Price then KQ has to book a loss for the difference. 3) If the planes have loans and these loans are equal or greater than the Selling Price, then KQ gets ZERO cash from the sales. 4) Has KQ sold the land in Embakasi? If the process is ongoing then KQ cannot apply the proceeds/profits in FY 2014-15. No. 1 & 2 are rhetorical, but I ask: 3)if the proceeds from sale are used to reduce debt. Is it a bad thing?? 4)The land sale agreement though incomplete/ongoing can be provided for in the accounts COOP, IMH, KEGN, KQ, MTNU
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obiero		#1459 Posted : Tuesday, March 24, 2015 6:17:45 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi		loading up still. will only rest when I reach 200,000 shares.. im not blind to the troubles being faced at the moment but I am certain that a 180 degree turn around shall come, soon. Possibly before 2018 COOP, IMH, KEGN, KQ, MTNU
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mlennyma		#1460 Posted : Tuesday, March 24, 2015 6:56:59 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		obiero wrote: loading up still. will only rest when I reach 200,000 shares.. im not blind to the troubles being faced at the moment but I am certain that a 180 degree turn around shall come, soon. Possibly before 2018 I don't think you are doing that. "Don't let the fear of losing be greater than the excitement of winning."
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