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Kenya Airways...why ignore..
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obiero
#3821 Posted : Sunday, March 27, 2016 12:31:01 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,239
Location: nairobi
@spikes i shouldnt be your measurung stick.. js have a strategy devoid of competing with anyone. you dont know how deep my pockets are.. i could stand losses that could cripple hearts of mere mortals
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Cde Monomotapa
#3822 Posted : Sunday, March 27, 2016 12:37:10 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@spikes play in the sand pit please.

Here is some homework for you.

6 in 10 graduates have no employability skills – Report http://www.capitalfm.co....oyability-skills-report/
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obiero
#3823 Posted : Sunday, March 27, 2016 12:53:34 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,239
Location: nairobi
[quote=Cde Monomotapa]@spikes play in the sand pit please.

Here is some homework for you.

6 in 10 graduates have no employability skills – Report http://www.capitalfm.co....yability-skills-report/[/quote]
@cde be easy on the young chap.. He obviously doesnt know who Gulamali Ismail or Vijay Ratilal Shah are to KQ, or even doesnt know 83% of KQ is held by a mere 47 shareholders.. Let the guy learn NSE slowly, since even the 1million shares intended to be bought shall be 0.0..% of total issued shares incapable of swaying price. In the NSE as with any other exchange access to info in a timely manner is everything. There is a reason I sold my KQ when I did, last year.. Hii soko iko na wenyewe..
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  | | Edit by user: Sunday, March 27, 2016 12:57 PM | Reason: Not specified
obiero
#3824 Posted : Sunday, March 27, 2016 1:20:33 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,239
Location: nairobi
enyands wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:


We are ready for the temporary losses. Soon we shall reach the desired place @maka @spikes @aguy @afroblk @muganda.. People have a new profession in bashing KQ, but they dont bother to tell you operating loss went down by KES 8.3B and that the loss before income tax actually narrowed marginally prior to consideration of the tax expense, noting last year KRA gave in a huge tax credit of backdated sums.. A trying period, but all is not lost. The writing is on the wall..


The figures tell a story. The story that KQ will be in trouble for a long long time.

Let us review in exactly five months, I have reason to believe the worst is behind us. Todays top gainer??


Problem with KQ is a very weak topline. The company needs to double the topline just to break even. I doubt if they are covering their fixed costs.

The topline was impacted by some of the reasons offered by management in previous announcements. However, I see an active management ready to steady the sinking ship/plunging plane which was abused by Naikuni's impropriety.. Based on the macro environment and steps taken to right the operating measures at KQ, its unlikely neigh improbable that the firm shall remain in losses upto their next H1



Obiero why did u sell your KQ. U r campaigning so hard for its like you still have your 90k shares still yet last time I checked it was 500 Shame on you ama uliongeza? I'm starting to believe the guy you once refered to as a new clown in town (@spikes )Laughing out loudly

Throwback :)
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obiero
#3825 Posted : Monday, March 28, 2016 7:57:58 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,239
Location: nairobi
in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL
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sparkly
#3826 Posted : Monday, March 28, 2016 8:43:26 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL


You think it's free money? wait for the finance costs.
Life is short. Live passionately.
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Kausha
#3827 Posted : Monday, March 28, 2016 8:54:35 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
More long term loans and more negative NAV. KQ will take more than 3 years to return to operating profit.
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Spikes
#3828 Posted : Monday, March 28, 2016 9:05:34 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL



As for the money KQ got from government as bailout is a misnomer. This is a loan. @obiero don't hide behind political gimmicks. Huge finance costs will smoke you out. It is a matter of time value of money!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#3829 Posted : Monday, March 28, 2016 10:05:43 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,239
Location: nairobi
Spikes wrote:
obiero wrote:
in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL



As for the money KQ got from government as bailout is a misnomer. This is a loan. @obiero don't hide behind political gimmicks. Huge finance costs will smoke you out. It is a matter of time value of money!

Whats the rate on the loan??
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Impunity
#3830 Posted : Monday, March 28, 2016 11:42:48 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
obiero wrote:
Spikes wrote:
obiero wrote:
in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL



As for the money KQ got from government as bailout is a misnomer. This is a loan. @obiero don't hide behind political gimmicks. Huge finance costs will smoke you out. It is a matter of time value of money!

Whats the rate on the loan??


I overheard in a pub,6%.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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