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Kenya Airways...why ignore..
Rank: Elder Joined: 6/8/2013 Posts: 2,517
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on a light none literally   "๐๐กKQ makes money for everyone except the shareholder ๐๐ " overheard in Wazua
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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#Lanes Now I hear KQ requires 100Birrions bailout    "๐๐กKQ makes money for everyone except the shareholder ๐๐ " overheard in Wazua
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Rank: Member Joined: 2/18/2011 Posts: 448
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I sure hope KQs top management do read this post;lots of insight on how to re-engineer their operations.
All in all,a thorough review of pricing algorithms and hedging and lease agreements should partly work in alleviating the current situation.
Lakini a bailout using our money should not always be the solution when corporate governance goes south and greed takes over sober minds.
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Rank: Elder Joined: 6/23/2009 Posts: 14,048 Location: nairobi
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Head count: stocksmaster, maka, mlennyma, impunity, obiero are all on this plane. Note to faint-hearted wazuans, the take off shall be swift and will leave most of you at the waiting lounge!! Thank me later
KQ ABP 4.48; MTN ABP 5.20
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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even the beauty alone up here can sway me to them and leave my airline "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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obiero wrote:Head count: stocksmaster, maka, mlennyma, impunity, obiero are all on this plane. Note to faint-hearted wazuans, the take off shall be swift and will leave most of you at the waiting lounge!! Thank me later Mimi ni kichwa tu iko ndani, a small cough and I'm outta here. Watch out coz u may be left as a passenger-pilot, alone! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/23/2009 Posts: 14,048 Location: nairobi
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Impunity wrote:obiero wrote:Head count: stocksmaster, maka, mlennyma, impunity, obiero are all on this plane. Note to faint-hearted wazuans, the take off shall be swift and will leave most of you at the waiting lounge!! Thank me later Mimi ni kichwa tu iko ndani, a small cough and I'm outta here. Watch out coz u may be left as a passenger-pilot, alone! Have faith brother. It shall end well
KQ ABP 4.48; MTN ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,290 Location: Nairobi
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obiero wrote:Head count: stocksmaster, maka, mlennyma, impunity, obiero are all on this plane. Note to faint-hearted wazuans, the take off shall be swift and will leave most of you at the waiting lounge!! Thank me later Ati, @stocksmaster ... Wapi??? 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: 14,048 Location: nairobi
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VituVingiSana wrote:obiero wrote:Head count: stocksmaster, maka, mlennyma, impunity, obiero are all on this plane. Note to faint-hearted wazuans, the take off shall be swift and will leave most of you at the waiting lounge!! Thank me later Ati, @stocksmaster ... Wapi??? Hehe. Yuko ndani.. But in my continued spirit of openness, I have now revised my exit price from KES 17 to KES 14..
KQ ABP 4.48; MTN ABP 5.20
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Rank: Member Joined: 3/20/2009 Posts: 348
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obiero wrote:VituVingiSana wrote:obiero wrote:Head count: stocksmaster, maka, mlennyma, impunity, obiero are all on this plane. Note to faint-hearted wazuans, the take off shall be swift and will leave most of you at the waiting lounge!! Thank me later Ati, @stocksmaster ... Wapi??? Hehe. Yuko ndani.. But in my continued spirit of openness, I have now revised my exit price from KES 17 to KES 14.. @Obiero i like your optimism, but your shareholder value is about to either get wiped out or severely diluted.I would sell into any dead cat bounce and then buy back in after the company has been restructured and hopefully by managers who have real experience bringing back airlines from bankruptcy.
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Siringi wrote:on a light none literally Na huyu Siringi ajua kuangalia obiero wrote:Gatheuzi wrote:Main difference is that while KQ is full of dudes, Emirates only has dudettes.. That is a valid observation. Men go to Africa Alliance brokers just to 'transact' coz of the personnel  Time is money, so money is time. Money saved is time gained in reverse! Money stores your lifeโs 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: 12/25/2014 Posts: 2,301 Location: kenya
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Gatheuzi wrote:Siringi wrote:on a light none literally Na huyu Siringi ajua kuangalia obiero wrote:Gatheuzi wrote:Main difference is that while KQ is full of dudes, Emirates only has dudettes.. That is a valid observation. Men go to Africa Alliance brokers just to 'transact' coz of the personnel We should take pride of our people not ridiculing them.
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Rank: Veteran Joined: 4/23/2014 Posts: 928
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Rank: Chief Joined: 1/3/2007 Posts: 18,290 Location: Nairobi
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enyands wrote:Gatheuzi wrote:Siringi wrote:on a light none literally Na huyu Siringi ajua kuangalia obiero wrote:Gatheuzi wrote:Main difference is that while KQ is full of dudes, Emirates only has dudettes.. That is a valid observation. Men go to Africa Alliance brokers just to 'transact' coz of the personnel We should take pride of our people not ridiculing them. I was born a male  I have flown Ethiopian (& Emirates) and the stewardesses on ET & EK are (IMHO) more attractive. Sue me. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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enyands wrote:Gatheuzi wrote:Siringi wrote:on a light none literally Na huyu Siringi ajua kuangalia obiero wrote:Gatheuzi wrote:Main difference is that while KQ is full of dudes, Emirates only has dudettes.. That is a valid observation. Men go to Africa Alliance brokers just to 'transact' coz of the personnel We should take pride of our people not ridiculing them. Our people must first dress well and come out presentable before we can take pride in them. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 7/10/2008 Posts: 9,131 Location: Kanjo
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watching this stock closely...rose by 25 cents today. i.am.back!!!!
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Rank: Elder Joined: 6/23/2009 Posts: 14,048 Location: nairobi
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harrydre wrote:watching this stock closely...rose by 25 cents today. Watch it very closely @harrydre.. Something must give.. The exchange bar gentleman opine that @mbuvingunze decided to pack in all 'historical' losses into the full year results so as to move with reduced baggage. With sale of the obsolete craft, Embakasi land, coupled with weaning of unprofitable international routes via reduced frequency, increased local travel via Jambojet, oil savings via newer efficient planes; a profit for H1 is assured. Thank me later
KQ ABP 4.48; MTN ABP 5.20
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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VituVingiSana wrote:enyands wrote:Gatheuzi wrote:Siringi wrote:on a light none literally Na huyu Siringi ajua kuangalia obiero wrote:Gatheuzi wrote:Main difference is that while KQ is full of dudes, Emirates only has dudettes.. That is a valid observation. Men go to Africa Alliance brokers just to 'transact' coz of the personnel We should take pride of our people not ridiculing them. I was born a male I have flown Ethiopian (& Emirates) and the stewardesses on ET & EK are (IMHO) more attractive. Sue me.
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Rank: Chief Joined: 1/3/2007 Posts: 18,290 Location: Nairobi
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obiero wrote:harrydre wrote:watching this stock closely...rose by 25 cents today. Watch it very closely @harrydre.. Something must give.. The exchange bar gentleman opine that @mbuvingunze decided to pack in all 'historical' losses into the full year results so as to move with reduced baggage. With sale of the obsolete craft, Embakasi land, coupled with weaning of unprofitable international routes via reduced frequency, increased local travel via Jambojet, oil savings via newer efficient planes; a profit for H1 is assured. Thank me later Facts: 1) The old aircraft have not been sold. So they continue 'depreciating' in value as they wait to be sold. 2) The debts are not going anywhere. They need to be serviced. 3) Has the land been sold? What value is the land being carried at in the books? 4) Lower fuel prices. Good news for Emirates that doesn't hedge. In the meantime, my KK released 1H results... 1) Not selling assets (excluding normal PPE disposals) anymore  [Stations acquired in Rwanda and Burundi are being rehabbed] 2) Debts reduced [Gearing Ratio down to 50% despite selling 8% more volume] as have interest costs [down 43%] 3) Lower fuel prices means higher GPM (no hedging) in 2H 4) Did I mention that KK could hit 3bn PBT for 2015? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 10/14/2011 Posts: 661
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VituVingiSana wrote:obiero wrote:harrydre wrote:watching this stock closely...rose by 25 cents today. Watch it very closely @harrydre.. Something must give.. The exchange bar gentleman opine that @mbuvingunze decided to pack in all 'historical' losses into the full year results so as to move with reduced baggage. With sale of the obsolete craft, Embakasi land, coupled with weaning of unprofitable international routes via reduced frequency, increased local travel via Jambojet, oil savings via newer efficient planes; a profit for H1 is assured. Thank me later Facts: 1) The old aircraft have not been sold. So they continue 'depreciating' in value as they wait to be sold. Depreciated has to be provided and unless there is real obsolescence the values are carrying book values, depreciation is to ensure prudence in reporting and management is not bound to sell the aircraft at depreciated values if going market rates are higher. The sale if actualized will generate the much needed cash flow -it may be at a gain compared to the already depreciated/book values2) The debts are not going anywhere. They need to be serviced. True, but cash flows from the disposals if actualized can help
3) Has the land been sold? What value is the land being carried at in the books?? I suppose Fair value has been used since land is meant for sale otherwise historical cost.
4) Lower fuel prices. Good news for Emirates that doesn't hedge.. Whatโs was the duration for the hedges, the hedge positions are periodically reviewed (may have reduced), this according to a past CEOโs TV interview (citizen)
In the meantime, my KK released 1H results... 1) Not selling assets (excluding normal PPE disposals) anymore [Stations acquired in Rwanda and Burundi are being rehabbed] 2) Debts reduced [Gearing Ratio down to 50% despite selling 8% more volume] as have interest costs [down 43%] 3) Lower fuel prices means higher GPM (no hedging) in 2H 4) Did I mention that KK could hit 3bn PBT for 2015?
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