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Kenya Airways...why ignore..
Rank: Member Joined: 7/2/2014 Posts: 123
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maka wrote:mlennyma wrote:[quote=ike]On the bright side, Gunze seems like a bright guy.I liked the way he kept shareholders optimistic by cleverly, clearly and honestly answering the questions. true,but he needs the money to transform kq I listened to him,he is a great mind. He might be bright but the one guy who would have taken KQ places is one Yves Guibert...this fellow would blow you away with his knowledge on the airline industry. https://www.kenya-airway...mation/Management_Team/[/quote] A firm knowledge of the industry is important but there is that extra factor to leadership. ,
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Rank: Veteran Joined: 2/3/2012 Posts: 1,317
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obiero wrote:mlennyma wrote:This man admitting he is paying his workforce with debt money,how long can he do that?? Hehe. That was embarassing. But what did u expect him to say?? my only problem with the interview is when he said 'we do not need a bail out at the moment'.. that means he believes we can get there Did you notice the long pause after he was asked that question?
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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ike wrote:On the bright side, Gunze seems like a bright guy.I liked the way he kept shareholders optimistic by cleverly, clearly and honestly answering the questions. Ngunze is a great guy no doubt, but my position is still the same - he is not right for CEO. He's a consultant - lofty unworkable ideas which he peddles very eloquently. What of substance did you pick out from the TerryAnn interview? KQ needs a dukawala to run it, FMCG mindset. BTW what happened to the ticketing office at Tea Room? KQ faces unprecedented challenges, wouldn't you feel more comfortable with a Vimal Shah at the helm? Or that ex Nakumatt CEO who had the longest name?
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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Years later.... still as Crap a stock as i first thought it to be.. In a Parallel universe Tito would be the anti-christ for sure.  ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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This ship will sink with many Wanjiku plus GoK which again is Wanjiku's money (Wanjiku = @obiero & co.) Thieves
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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The talk of a bond can be a script from KK to retire existing stock of debt and get a longer tenor & a better rate, freeing up cash flow.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Gordon Gekko wrote:ike wrote:On the bright side, Gunze seems like a bright guy.I liked the way he kept shareholders optimistic by cleverly, clearly and honestly answering the questions. Ngunze is a great guy no doubt, but my position is still the same - he is not right for CEO. He's a consultant - lofty unworkable ideas which he peddles very eloquently. What of substance did you pick out from the TerryAnn interview? KQ needs a dukawala to run it, FMCG mindset. BTW what happened to the ticketing office at Tea Room? KQ faces unprecedented challenges, wouldn't you feel more comfortable with a Vimal Shah at the helm? Or that ex Nakumatt CEO who had the longest name?  Vimal shah whose workers were on the streets this week starving of poor pay and working conditions,this are pple with very crude thinking on workers remuneration "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Gordon Gekko wrote:ike wrote:On the bright side, Gunze seems like a bright guy.I liked the way he kept shareholders optimistic by cleverly, clearly and honestly answering the questions. Ngunze is a great guy no doubt, but my position is still the same - he is not right for CEO. He's a consultant - lofty unworkable ideas which he peddles very eloquently. What of substance did you pick out from the TerryAnn interview? KQ needs a dukawala to run it, FMCG mindset. BTW what happened to the ticketing office at Tea Room? KQ faces unprecedented challenges, wouldn't you feel more comfortable with a Vimal Shah at the helm? Or that ex Nakumatt CEO who had the longest name? True ask what most of the mid level managers spend their time doing trainings, trainings and more trainings...implementation on paper and not on ground,OTP is seriously fluctuating nothing concrete from these forums and all the paper work accompanying them... possunt quia posse videntur
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Rank: Member Joined: 7/2/2014 Posts: 123
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obiero wrote:Cde Monomotapa wrote:ike wrote:TheGeek wrote:Did I just hear ngunze state on national tv that KQ is hedging up to 80% of their fuel budget and their bill is higher than current fuel prices. kq should do away with hedging that has consistently made them losses. and anyway who couldn't guess fuel prices were going down with all these oil deposits discovery everywhere. A credibility issue arose to me btwn the annual report & bloggers, whereby the last annual report indicated 51% hedge to Mar. 2015. So when were the 80% hedges done? Since I'd like to rely more on the annual report.. At 80% hedge then it means for every 100 bob KQ spent on fuel it is now spending 90 bob? A wild guess of efficiency of the 'youngest fleet in Africa' of 15% gives 67.5 bob. Heh, the fuel drop is/was the easiest trick in the book. Now, it will take deep scalping. Those new routes better be worth the hustle. Let's see. Btw, ngunze admitted that they have leeway to hedge upto 80%, not that they had hedged by that margin of course that was only a polite way of giving light to the current situation which he admits is bad. He even mentioned they can hedge from 2 months to 1 year. A bad situation with good leadership is only temporary so take heart...but add cautiously. ,
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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ike wrote:obiero wrote:Cde Monomotapa wrote:ike wrote:TheGeek wrote:Did I just hear ngunze state on national tv that KQ is hedging up to 80% of their fuel budget and their bill is higher than current fuel prices. kq should do away with hedging that has consistently made them losses. and anyway who couldn't guess fuel prices were going down with all these oil deposits discovery everywhere. A credibility issue arose to me btwn the annual report & bloggers, whereby the last annual report indicated 51% hedge to Mar. 2015. So when were the 80% hedges done? Since I'd like to rely more on the annual report.. At 80% hedge then it means for every 100 bob KQ spent on fuel it is now spending 90 bob? A wild guess of efficiency of the 'youngest fleet in Africa' of 15% gives 67.5 bob. Heh, the fuel drop is/was the easiest trick in the book. Now, it will take deep scalping. Those new routes better be worth the hustle. Let's see. Btw, ngunze admitted that they have leeway to hedge upto 80%, not that they had hedged by that margin of course that was only a polite way of giving light to the current situation which he admits is bad. He even mentioned they can hedge from 2 months to 1 year. A bad situation with good leadership is only temporary so take heart... but stop adding. @Obiero, thanks. Noted that. There is a past annual report that has the breakdown disclosed. OK. This thread is just spawning into Club SK quality. Wale wamekata kura, wamekata shauri.
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