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Kenya Airways...why ignore..
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Impunity
#2141 Posted : Sunday, August 02, 2015 6:02:18 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Gathige wrote:
A colleague just lost his baggage while on KQ flight and is swearing never to fly them again. This airline has just too many problems and would be be left to die naturally and a new airline picks up and starts afresh.

A PR stunt with Sir Charles and Manu is a script from the past, holding nothing for the future.


Pole sana to you.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Aguytrying
#2142 Posted : Sunday, August 02, 2015 8:32:04 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
obiero wrote:
Now that all is said and done.. How much lower can the share slide?? Can it go below kobole?? God forbid ooh..


It's Mumias all over again. Effect of the shock on the price takes time even a year
...
The investor's chief problem - and even his worst enemy - is likely to be himself
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instinct
#2143 Posted : Sunday, August 02, 2015 10:40:14 PM
Rank: Member

Joined: 8/17/2007
Posts: 294
We were expecting 10b loss at 8bob and we got 25b. It should generally be ranked same as mumias. So it should oscilate between 1.8 and 3bob in the medium term
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itz
#2144 Posted : Sunday, August 02, 2015 11:59:52 PM
Rank: Member

Joined: 3/20/2009
Posts: 348
itz wrote:
obiero wrote:
Now that all is said and done.. How much lower can the share slide?? Can it go below kobole?? God forbid ooh..


Going by everything Mbuvi has said since he became CEO and also on all TV networks after the disastrous losses it seems a chapter 11 bankruptcy is in the making and this will wipe all shareholders value.either a reorganization type bankruptcy or the GOK lends them like 40 bill at 2-3% with a 20 plus year loan term then hire a CEO who has been able to turn around a big airline from bankruptcy.


i was off by 20 bill they actually require 60 bill mind boggling

http://www.nation.co.ke/...14/-/i9psvz/-/index.html
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obiero
#2145 Posted : Monday, August 03, 2015 8:55:14 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
instinct wrote:
We were expecting 10b loss at 8bob and we got 25b. It should generally be ranked same as mumias. So it should oscilate between 1.8 and 3bob in the medium term

Today will be a key day to watch the price movement, most people who bought the share did it at prices above 14 hence supply may be thin
COOP, IMH, KEGN, KQ, MTNU
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hisah
#2146 Posted : Monday, August 03, 2015 8:57:53 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
itz wrote:
itz wrote:
[quote=obiero]Now that all is said and done.. How much lower can the share slide?? Can it go below kobole?? God forbid ooh..


Going by everything Mbuvi has said since he became CEO and also on all TV networks after the disastrous losses it seems a chapter 11 bankruptcy is in the making and this will wipe all shareholders value.either a reorganization type bankruptcy or the GOK lends them like 40 bill at 2-3% with a 20 plus year loan term then hire a CEO who has been able to turn around a big airline from bankruptcy.


i was off by 20 bill they actually require 60 bill mind boggling

http://www.nation.co.ke/...4/-/i9psvz/-/index.html[/quote]
This is madness! Who will foot this bailout bill (I expect it to be higher) in a struggling econ?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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maka
#2147 Posted : Monday, August 03, 2015 9:06:41 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
hisah wrote:
itz wrote:
itz wrote:
[quote=obiero]Now that all is said and done.. How much lower can the share slide?? Can it go below kobole?? God forbid ooh..


Going by everything Mbuvi has said since he became CEO and also on all TV networks after the disastrous losses it seems a chapter 11 bankruptcy is in the making and this will wipe all shareholders value.either a reorganization type bankruptcy or the GOK lends them like 40 bill at 2-3% with a 20 plus year loan term then hire a CEO who has been able to turn around a big airline from bankruptcy.


i was off by 20 bill they actually require 60 bill mind boggling

http://www.nation.co.ke/...4/-/i9psvz/-/index.html[/quote]
This is madness! Who will foot this bailout bill (I expect it to be higher) in a struggling econ?


They had been approached by Etihad a while back...
possunt quia posse videntur
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Rahatupu
#2148 Posted : Monday, August 03, 2015 10:53:44 AM
Rank: Veteran

Joined: 12/4/2009
Posts: 1,982
Location: matano manne
Not being an expert in airlines operations can someone tell me why KQ shouldn't revise it's strategy and offerings so that it competes on pricing. Why can't they focus on making local flying affordable to the budding middle class to eg Mombasa- Nbi to cost not higher than 5000 one way?
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sparkly
#2149 Posted : Monday, August 03, 2015 11:00:36 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Rahatupu wrote:
Not being an expert in airlines operations can someone tell me why KQ shouldn't revise it's strategy and offerings so that it competes on pricing. Why can't they focus on making local flying affordable to the budding middle class to eg Mombasa- Nbi to cost not higher than 5000 one way?


Haven't you heard of JamboJet?
Life is short. Live passionately.
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obiero
#2150 Posted : Monday, August 03, 2015 11:04:14 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
sparkly wrote:
Rahatupu wrote:
Not being an expert in airlines operations can someone tell me why KQ shouldn't revise it's strategy and offerings so that it competes on pricing. Why can't they focus on making local flying affordable to the budding middle class to eg Mombasa- Nbi to cost not higher than 5000 one way?


Haven't you heard of JamboJet?

Jambojet tackles that space extremely well at lows of KES 2,950 one way
COOP, IMH, KEGN, KQ, MTNU
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