Wazua
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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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obiero wrote:MaichBlack wrote:mkate_nusu wrote:Ebenyo wrote:Obiero could be right.Safcom was once 2.50 but now 16! Comparing Safaricom to KQ is an insult @Ebenyo - Are you serious??? At the time, Safaricom was not only making profits, it was GROWING profits. It was the industry leader. Everything was okay. The price was because of market emotions, not fundamentals. On the other hand, Kenya Airways is more broke than @Obiero. Actually, no single Kenyan is as broke as Kenya Airways!!! They are at negative equity and GROWING LOSSES!!! It is definitely criminal to compare the two!!! @maichblack are you aware that banks also have negative equity. KQ is sick but not dying.. Biashara huwa hivo. kupanda na kushuka. hata safaricom huweza kuja ikaangamia kwa uongozi wa Tombstone si sawa .they just have a better PR machine . 1m each to the editor of major dailies and everyone forgets that issue of some billions being used to buy up inflated land at Garden City. no one asks any hard question. they pick on hapless KQ that lacks will and wherewithal to bribe editors for favorable coverage Which listed bank has NEGATIVE Equity? All banks with (potential) Negative Equity are under KDIC or closed. Recently those include Dubai, Chase and Imperial. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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obiero wrote:Ericsson wrote:@Obiero
KCB 2001-2006
2001 Profit before tax ksh.369mn
2002 Loss of ksh.4.1bn
2003 Profit of ksh.713mn
2004 Profit of ksh.793mn
2005 Profit of ksh.1.9bn
2006 Profit of ksh.3.035bn @vvs hot air??? KCB made a loss. these things happen Dear @Obiero you said KCB made a loss in 2004. I said you were blowing hot air about KCB having made a loss in 2004 which as @Ericsson has shown you were. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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whiteowl wrote:Horton wrote:obiero wrote:MaichBlack wrote:mkate_nusu wrote:Ebenyo wrote:Obiero could be right.Safcom was once 2.50 but now 16! Comparing Safaricom to KQ is an insult @Ebenyo - Are you serious??? At the time, Safaricom was not only making profits, it was GROWING profits. It was the industry leader. Everything was okay. The price was because of market emotions, not fundamentals. On the other hand, Kenya Airways is more broke than @Obiero. Actually, no single Kenyan is as broke as Kenya Airways!!! They are at negative equity and GROWING LOSSES!!! It is definitely criminal to compare the two!!! @maichblack are you aware that banks also have negative equity. KQ is sick but not dying.. Biashara huwa hivo. kupanda na kushuka. hata safaricom huweza kuja ikaangamia kwa uongozi wa Tombstone si sawa .they just have a better PR machine . 1m each to the editor of major dailies and everyone forgets that issue of some billions being used to buy up inflated land at Garden City. no one asks any hard question. they pick on hapless KQ that lacks will and wherewithal to bribe editors for favorable coverage Which listed bank is this with negative NAV??? NBK though it's not in a bad situation like KQ. Actually KQ can't be a benchmark coz it's at the bottom of the pit. Nbm is not on negative equity http://nationalbank.co.k...s-at-31-March-2016-2.pdf
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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enyands wrote:whiteowl wrote:Horton wrote:obiero wrote:MaichBlack wrote:mkate_nusu wrote:Ebenyo wrote:Obiero could be right.Safcom was once 2.50 but now 16! Comparing Safaricom to KQ is an insult @Ebenyo - Are you serious??? At the time, Safaricom was not only making profits, it was GROWING profits. It was the industry leader. Everything was okay. The price was because of market emotions, not fundamentals. On the other hand, Kenya Airways is more broke than @Obiero. Actually, no single Kenyan is as broke as Kenya Airways!!! They are at negative equity and GROWING LOSSES!!! It is definitely criminal to compare the two!!! @maichblack are you aware that banks also have negative equity. KQ is sick but not dying.. Biashara huwa hivo. kupanda na kushuka. hata safaricom huweza kuja ikaangamia kwa uongozi wa Tombstone si sawa .they just have a better PR machine . 1m each to the editor of major dailies and everyone forgets that issue of some billions being used to buy up inflated land at Garden City. no one asks any hard question. they pick on hapless KQ that lacks will and wherewithal to bribe editors for favorable coverage Which listed bank is this with negative NAV??? NBK though it's not in a bad situation like KQ. Actually KQ can't be a benchmark coz it's at the bottom of the pit. "Employees involved in the purchase of fuel, which makes up 40 per cent of the airline’s direct costs, preferred the most expensive pricing formula available." linkEven my grandmother can tell me this is wrong what management did. Nguze knew this and he didn't do anything to change it. Yeye si mweupe kama pamba @enyands, Ngunze should not be still holding that position. Even the godfathers who are protecting him should be worried by the revelations in the forensic report. Good work by the Standard, Editorial is here, http://www.standardmedia.../?articleID=2000203955.
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Rank: Elder Joined: 7/22/2009 Posts: 7,913
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enyands wrote:"Employees involved in the purchase of fuel, which makes up 40 per cent of the airline’s direct costs, preferred the most expensive pricing formula available." linkEven my grandmother can tell me this is wrong what management did. Nguze knew this and he didn't do anything to change it. Yeye si mweupe kama pamba That story is like a script for a horror movie!!! Matafakas are buying fuel at $80 a barrel??? Almost three times the market price (at one point)?? Yet fuel accounts for their biggest expense!? 40%!! Paying the highest prices for fuel in Nairobi than ALL the other airlines and it is their hub, they buy in bulk etc. etc. Bloody matafakas!!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/23/2009 Posts: 14,329 Location: nairobi
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MaichBlack wrote:enyands wrote:"Employees involved in the purchase of fuel, which makes up 40 per cent of the airline’s direct costs, preferred the most expensive pricing formula available." linkEven my grandmother can tell me this is wrong what management did. Nguze knew this and he didn't do anything to change it. Yeye si mweupe kama pamba That story is like a script to a horror movie!!! Matafakas are buying fuel at $80 a barrel??? Almost three times the market price (at one point)?? Yet fuel accounts for their biggest expense!? 40%!! Paying the highest prices for fuel in Nairobi than ALL the other airlines and it is their hub, they buy in bulk etc. etc. Bloody matafakas!!!! pole sana. good times are coming COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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http://www.standardmedia...-than-any-other-airline
Oops hadn't noticed it's been posted. possunt quia posse videntur
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:MaichBlack wrote:enyands wrote:"Employees involved in the purchase of fuel, which makes up 40 per cent of the airline’s direct costs, preferred the most expensive pricing formula available." linkEven my grandmother can tell me this is wrong what management did. Nguze knew this and he didn't do anything to change it. Yeye si mweupe kama pamba That story is like a script to a horror movie!!! Matafakas are buying fuel at $80 a barrel??? Almost three times the market price (at one point)?? Yet fuel accounts for their biggest expense!? 40%!! Paying the highest prices for fuel in Nairobi than ALL the other airlines and it is their hub, they buy in bulk etc. etc. Bloody matafakas!!!! pole sana. good times are coming Let them send CEO Nguze packing because KQ stock is threatening @obiero to 2/-! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,383 Location: Nairobi
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@Obiero - Please come clean. Roho safi. 1) Do/Did you get any free/discounted flights on KQ? 2) Do/Did you get any free/discounted upgrades on flights on KQ/Skyteam? 3) Do/Did you get any remuneration [cash/perks/freebies] on KQ? 4) Do you get any remuneration from a PR agency? Just asking. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 8/23/2013 Posts: 34
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Maybe Ngunze should borrow a page from this lady's book. http://www.elitereaders....irst-female-billionaire/
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