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Kenya Airways...why ignore..
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obiero
#3681 Posted : Friday, March 11, 2016 9:26:38 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,240
Location: nairobi
jerry wrote:
I wonder what essay has not been drawn in the thousands of posts.

I sold my IPO shares at 7.80 when KBC was "baba na mama". I couldn't stand the business news where KQ was always losing.

@jerry epitomises the tragedy of a timid investor, having confirmed that he sold at KES 7.80 when the share rose all the way to KES 126 in less than a decade. Im sorry for your loss of that golden opportunity to create massive wealth. Now, here goes the mini essay in order of financial impact:
1. Route optimisation that has seen rescheduling of primary source markets to enhance efficieny has been noted to rake in increasing annual revenue to over KES 118B in current financial year
2. Sale/lease of underutilised assets will save KQ over KES 3.5B per annum with expected once off revenue of KES 9.2B in current financial year
3. Renegotiation of loan tenor for outstanding facilities was a touch of genius, with expected easing of KES 3.5B in fleet ownership costs per year
4. Staff productivity management has seen improvement of OTP to levels last seen in the early 90s. Further, the HOTAC cashflow dampener has been arrested by onward forwarding of costs to the crew, for identified cases of laxity, saving KQ an average of KES 1,650,000 per successful trip
KQ is on the right track and shall post a massively improved financial position, with an operating profit and a cutback of the overall loss element by over KES 18B in the current financial year ending 31.03.2016 @wazua Bookmark this post..
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jerry
#3682 Posted : Saturday, March 12, 2016 11:40:09 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
obiero wrote:
jerry wrote:
I wonder what essay has not been drawn in the thousands of posts.

I sold my IPO shares at 7.80 when KBC was "baba na mama". I couldn't stand the business news where KQ was always losing.

@jerry epitomises the tragedy of a timid investor, having confirmed that he sold at KES 7.80 when the share rose all the way to KES 126 in less than a decade. Im sorry for your loss of that golden opportunity to create massive wealth. Now, here goes the mini essay in order of financial impact:
1. Route optimisation that has seen rescheduling of primary source markets to enhance efficieny has been noted to rake in increasing annual revenue to over KES 118B in current financial year
2. Sale/lease of underutilised assets will save KQ over KES 3.5B per annum with expected once off revenue of KES 9.2B in current financial year
3. Renegotiation of loan tenor for outstanding facilities was a touch of genius, with expected easing of KES 3.5B in fleet ownership costs per year
4. Staff productivity management has seen improvement of OTP to levels last seen in the early 90s. Further, the HOTAC cashflow dampener has been arrested by onward forwarding of costs to the crew, for identified cases of laxity, saving KQ an average of KES 1,650,000 per successful trip
KQ is on the right track and shall post a massively improved financial position, with an operating profit and a cutback of the overall loss element by over KES 18B in the current financial year ending 31.03.2016 @wazua Bookmark this post..

Before I congratulate you for the essay give us some history of dividends paid since KQ went public in 1996 (?). I agree I'm timid.
The opposite of courage is not cowardice, it's conformity.
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VituVingiSana
#3683 Posted : Saturday, March 12, 2016 1:31:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
obiero wrote:
jerry wrote:
I wonder what essay has not been drawn in the thousands of posts.

I sold my IPO shares at 7.80 when KBC was "baba na mama". I couldn't stand the business news where KQ was always losing.

@jerry epitomises the tragedy of a timid investor, having confirmed that he sold at KES 7.80 when the share rose all the way to KES 126 in less than a decade And back down to 4.50 in less than a decade after that. So @jerry did very well by selling out at 7.80 unlike GoK. The 7.80 over say 20 years placed in T-Bonds = 50 or so. Im sorry for your loss of that golden opportunity All that glitters is not gold to create massive wealth. Now, here goes the mini essay in order of financial impact:
1. Route optimisation that has seen rescheduling of primary source markets to enhance efficieny has been noted to rake in increasing annual revenue to over KES 118B in current financial year
2. Sale/lease of underutilised assets will save KQ over KES 3.5B per annum with expected once off revenue of KES 9.2B in current financial year
3. Renegotiation of loan tenor for outstanding facilities was a touch of genius, with expected easing of KES 3.5B in fleet ownership costs per year
4. Staff productivity management has seen improvement of OTP to levels last seen in the early 90s. Further, the HOTAC cashflow dampener has been arrested by onward forwarding of costs to the crew, for identified cases of laxity, saving KQ an average of KES 1,650,000 per successful trip
KQ is on the right track and shall post a massively improved financial position, with an operating profit and a cutback of the overall loss element by over KES 18B in the current financial year ending 31.03.2016 @wazua Bookmark this post..


I am glad Ngunze is reviving KQ but as an investment TODAY at 4.50 buying KQ shares seems unwise vs the other options.

Many banks eg NIC, I&M, Equity, DTB, etc are trading at very attractive multiples.

Unga trades at a forward PER of 7 with a market that demands more FMCG.

KK is at an (estimated) PER of 9 [for FY 2015] but I estimate an EPS of 1.35-1.50 for FY 2016. I await the results on 18th then AGM for a better understanding of their performance.

And many others, despite a few rough years, are not in the hole e.g. TPSEA [tourism downturn], Britam [Rawat drama], Centum, HFCK, etc.

Others are 'new' eg Flame Tree but show promise if KE's economy improves/grows.

Anyway, it is @Obiero's money. It is @jerry's money. It is @VVS money. Live and learn.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#3684 Posted : Sunday, March 13, 2016 6:37:06 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,240
Location: nairobi
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Spikes
#3685 Posted : Sunday, March 13, 2016 7:52:09 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
www.nation.co.ke/business/JKIA-inches-closer-to-direct-US-flights/-/996/3114868/-/6q260rz/-/index.html


Good development but the journey to dreamland is elusive and long!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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maka
#3686 Posted : Sunday, March 13, 2016 8:58:29 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Spikes wrote:
obiero wrote:
www.nation.co.ke/business/JKIA-inches-closer-to-direct-US-flights/-/996/3114868/-/6q260rz/-/index.html


Good development but the journey to dreamland is elusive and long!


Terminal still not ready....might not be opened on Tuesday by UK....
possunt quia posse videntur
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VituVingiSana
#3687 Posted : Sunday, March 13, 2016 11:30:33 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
maka wrote:
Spikes wrote:
obiero wrote:
www.nation.co.ke/business/JKIA-inches-closer-to-direct-US-flights/-/996/3114868/-/6q260rz/-/index.html


Good development but the journey to dreamland is elusive and long!

Terminal still not ready....might not be opened on Tuesday by UK....
Not the first time a KE prez has "opened" a project that wasn't ready! KPC did that with Kibaki who commissioned a pipeline/expansion that was anything but ready. http://www.thezimbabwean...ya-day-kibaki-was-duped/
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Afroblk
#3688 Posted : Tuesday, March 15, 2016 8:42:20 AM
Rank: New-farer

Joined: 3/3/2010
Posts: 79
One of the many counters worth dumping loads of cash...returns will be insane...how low do you think this will go? Probably not much lower than current rates. I only have one hope with KQ...direct flights to US. As long as those pigs in parliament can pass that bill and open the terminal, Kenya will be accorded the much awaited category 1 once the FAA conducts the inspection. Honestly I can't wait to get some returns and exit without looking back...I've been patient for a while and haven't sold even a single share...I'm even tired on buying...how much can one accumulate l0l I know CFC guys be like, here he goes again..l0l
Knowledge is contagious...Infect truth!
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obiero
#3689 Posted : Tuesday, March 15, 2016 11:48:16 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,240
Location: nairobi
move with caution
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newbie15
#3690 Posted : Tuesday, March 15, 2016 11:57:59 PM
Rank: New-farer

Joined: 10/21/2015
Posts: 11
ever heard of being killed softly? its what kq is doing to wanjiku
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