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Kenya Airways...why ignore..
Thiong'o
#1801 Posted : Sunday, May 24, 2015 8:04:49 PM
Rank: Member

Joined: 10/14/2011
Posts: 661
murchr wrote:
1masha wrote:


If KQ was to quit flying today, what would these pilots do? Probably that is what they should be doing now.

The pilots are his clients' and share holder No. 3
obiero
#1802 Posted : Sunday, May 24, 2015 8:59:30 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
it should be known that its not all the pilots, but a select few. problem is that some are untouchable including sons of powerful men in Kenya
COOP, IMH, KEGN, KQ, MTNU
maka
#1803 Posted : Monday, May 25, 2015 8:26:43 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Guess how much one hotel is making for the month of March coz of such issues?90 mio...
possunt quia posse videntur
VituVingiSana
#1804 Posted : Monday, May 25, 2015 1:50:16 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,376
Location: Nairobi
maka wrote:
Guess how much one hotel is making for the month of March coz of such issues?90 mio...
I wonder if that hotel is the same on the former CEO allegedly had shares in...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#1805 Posted : Monday, May 25, 2015 5:03:24 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
obiero wrote:
great comeback from the CEO's mouth.. www.nation.co.ke/oped/Op...-/tjm5lmz/-/index.html..

Which CEO is going to say the firm he is running is doomed?

Do NOT conflate the Airline (KQ) with the Shareholders (You). What's good for Mbuvi, the pilots, the crew, the (non-shareholder) directors, the government and the lenders is NOT always good for the SHAREHOLDERS.

Will KQ survive? Yes. It's a political thing.
Will (ordinary) shareholders be wiped out? Probably.

Mbuvi is talking about the AIRLINE not the shareholders capital/equity.

Mbuvi: Hefty monthly salary + Perks
Pilots + Crew: Hefty monthly salary + Perks
Directors: Perks e.g. free flights
GoK: VAT, Excise, PAYE, etc
Banks: Interest Income, Fees, etc
Shareholders: No dividends, no profits, no capital appreciation, no growth in NAV.


KQ makes money for everyone one else but the shareholder! Add tenderprenuers to the list.
Life is short. Live passionately.
obiero
#1806 Posted : Monday, May 25, 2015 6:35:14 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
sparkly wrote:
VituVingiSana wrote:
obiero wrote:
great comeback from the CEO's mouth.. www.nation.co.ke/oped/Op...-/tjm5lmz/-/index.html..

Which CEO is going to say the firm he is running is doomed?

Do NOT conflate the Airline (KQ) with the Shareholders (You). What's good for Mbuvi, the pilots, the crew, the (non-shareholder) directors, the government and the lenders is NOT always good for the SHAREHOLDERS.

Will KQ survive? Yes. It's a political thing.
Will (ordinary) shareholders be wiped out? Probably.

Mbuvi is talking about the AIRLINE not the shareholders capital/equity.

Mbuvi: Hefty monthly salary + Perks
Pilots + Crew: Hefty monthly salary + Perks
Directors: Perks e.g. free flights
GoK: VAT, Excise, PAYE, etc
Banks: Interest Income, Fees, etc
Shareholders: No dividends, no profits, no capital appreciation, no growth in NAV.


KQ makes money for everyone one else but the shareholder! Add tenderprenuers to the list.

COOP, IMH, KEGN, KQ, MTNU
obiero
#1807 Posted : Monday, May 25, 2015 6:41:20 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
our day will soon come. past is not an indicator of future.. but recall KQ once touched KES 120 per share
COOP, IMH, KEGN, KQ, MTNU
MaichBlack
#1808 Posted : Monday, May 25, 2015 9:07:18 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
obiero wrote:
I could write a thesis on this.. From gold in SA, hardwood in DRC, oil in Angola, cocoa in Ivory Coast, whitest of longbeach in Somalia.. We are simply cursed

I watched a documentary on CNN about the cocoa business and the plight of farmers in Ivory Coast and it is pure Highway Robbery!!! Richard Quest did the math and the amount of money the multinationals were making and how much of that trickled back to Ivory Coast was criminal! If you look at the images of the employees and executives at the chocolate companies and then immediately after that you are shown the mages of the farm owners and workers (some of them kids) it just breaks your heart!!!

What's worse, most of those interviewed (I think ALL) had never tasted chocolate in their lives. The first time was the one they were given by Richard Quest!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Sober
#1809 Posted : Monday, May 25, 2015 9:10:02 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
obiero wrote:
our day will soon come. past is not an indicator of future.. but recall KQ once touched KES 120 per share

And right now it's courting 6.90 how low can it go so we buy the entire business
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
obiero
#1810 Posted : Monday, May 25, 2015 9:40:47 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Sober wrote:
obiero wrote:
our day will soon come. past is not an indicator of future.. but recall KQ once touched KES 120 per share

And right now it's courting 6.90 how low can it go so we buy the entire business

Upon release of FY, if loss before tax goes above 9.5B, we will see the share at KES 5.. But that will be the last time it ever touches that price. Obama will give KQ landing rights to the USA and the chapter titled loss, would be closed.. Take off awaits :)
COOP, IMH, KEGN, KQ, MTNU
1,590 Pages«<179180181182183>»
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