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Kenya Airways...why ignore..
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Thiong'o wrote:VituVingiSana wrote:obiero wrote:the link shows theft that has been discovered. a very different matter from the Nigerian issues.tusipinge @obiero for the sake of it Blocked Sh2.5bn in Africa worsens cash flow at KQ http://www.businessdaily.../-/lng55qz/-/index.html
"The national carrier, known as KQ by its international code, says the funds locked in countries such as Nigeria, South Sudan, Angola and Mozambique, have greatly worsened its cash flow situation." "Venezuela and Nigeria account for the biggest proportion of these funds. Venezuela has over 16 months chalked up $3.8 billion (Sh383.8 billion) in money it owes airlines while Nigeria is holding onto $591 million (Sh59.7 billion) since November." "Mr Ngunze said while countries like Nigeria and South Sudan are under intense financial strain, this bad scenario could get worse if airlines pull out." and now Africa’s most important currency loses 27% in a single day http://www.businessinsid...ment-removes-peg-2016-6
Expected. And more of the same is on the way till there is parity between the official rate and the black/street value. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Thiong'o wrote:VituVingiSana wrote:obiero wrote:the link shows theft that has been discovered. a very different matter from the Nigerian issues.tusipinge @obiero for the sake of it Blocked Sh2.5bn in Africa worsens cash flow at KQ http://www.businessdaily.../-/lng55qz/-/index.html
"The national carrier, known as KQ by its international code, says the funds locked in countries such as Nigeria, South Sudan, Angola and Mozambique, have greatly worsened its cash flow situation." "Venezuela and Nigeria account for the biggest proportion of these funds. Venezuela has over 16 months chalked up $3.8 billion (Sh383.8 billion) in money it owes airlines while Nigeria is holding onto $591 million (Sh59.7 billion) since November." "Mr Ngunze said while countries like Nigeria and South Sudan are under intense financial strain, this bad scenario could get worse if airlines pull out." and now Africa’s most important currency loses 27% in a single day http://www.businessinsid...ment-removes-peg-2016-6
 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: 14,215 Location: nairobi
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enyands wrote:obiero wrote:enyands wrote:obiero wrote:obiero wrote:Gatheuzi wrote:I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:
One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:
Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.
Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.
Warren Buffett: There is nothing personal about it.
Charlie Munger: Not only is it a bad business, but we have no aptitude for it.
Warren Buffett: Some people have done well in it.
Charlie Munger: They have one good year every twenty years or something.
Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.
Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.
All the best to Naikuni. The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired. Only the mercurial Mbuvi Ngunze remains upright, standing.. Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured @enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online Trump is a poor politician but you are right ,what keeps trump going is he knows how to make media dance to his tune. Safety director Alex Avedi also out today evening.. KQ ABP 4.26
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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obiero wrote:enyands wrote:obiero wrote:enyands wrote:obiero wrote:obiero wrote:Gatheuzi wrote:I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:
One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:
Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.
Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.
Warren Buffett: There is nothing personal about it.
Charlie Munger: Not only is it a bad business, but we have no aptitude for it.
Warren Buffett: Some people have done well in it.
Charlie Munger: They have one good year every twenty years or something.
Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.
Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.
All the best to Naikuni. The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired. Only the mercurial Mbuvi Ngunze remains upright, standing.. Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured @enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online Trump is a poor politician but you are right ,what keeps trump going is he knows how to make media dance to his tune. Safety director Alex Avedi also out today evening.. They should hire someone who has managed a company outside kenya .the opus kind of person .but should they promote someone from kq ,he will be another nguze.if you don't accept change then the change will change you
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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enyands wrote:obiero wrote:enyands wrote:obiero wrote:enyands wrote:obiero wrote:obiero wrote:Gatheuzi wrote:I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:
One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:
Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.
Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.
Warren Buffett: There is nothing personal about it.
Charlie Munger: Not only is it a bad business, but we have no aptitude for it.
Warren Buffett: Some people have done well in it.
Charlie Munger: They have one good year every twenty years or something.
Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.
Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.
All the best to Naikuni. The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired. Only the mercurial Mbuvi Ngunze remains upright, standing.. Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured @enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online Trump is a poor politician but you are right ,what keeps trump going is he knows how to make media dance to his tune. Safety director Alex Avedi also out today evening.. They should hire someone who has managed a company outside kenya .the opus kind of person .but should they promote someone from kq ,he will be another nguze.if you don't accept change then the change will change you The COO job might go to some Dutch guy who was around last week...Van something.... possunt quia posse videntur
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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maka wrote:enyands wrote:obiero wrote:enyands wrote:obiero wrote:enyands wrote:obiero wrote:obiero wrote:Gatheuzi wrote:I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:
One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:
Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.
Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.
Warren Buffett: There is nothing personal about it.
Charlie Munger: Not only is it a bad business, but we have no aptitude for it.
Warren Buffett: Some people have done well in it.
Charlie Munger: They have one good year every twenty years or something.
Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.
Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.
All the best to Naikuni. The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired. Only the mercurial Mbuvi Ngunze remains upright, standing.. Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured @enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online Trump is a poor politician but you are right ,what keeps trump going is he knows how to make media dance to his tune. Safety director Alex Avedi also out today evening.. They should hire someone who has managed a company outside kenya .the opus kind of person .but should they promote someone from kq ,he will be another nguze.if you don't accept change then the change will change you The COO job might go to some Dutch guy who was around last week...Van something....
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Almost hitting 4500 posts! The most discussed stock, but with nothing to show! Indeed we're very peculiar! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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hisah wrote:Almost hitting 4500 posts! The most discussed stock, but with nothing to show! Indeed we're very peculiar! Main contributor is obiero
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Rank: Elder Joined: 6/23/2009 Posts: 14,215 Location: nairobi
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enyands wrote:hisah wrote:Almost hitting 4500 posts! The most discussed stock, but with nothing to show! Indeed we're very peculiar! Main contributor is obiero hahaha. u mean I have written 4,500 posts while my own counter is far from that.. tuwache uchochezi KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Let me post #4500 just coz I deserve to!  I think I may have the most contributions on this thread. I was once a die-hard KQ supporter turned ferocious critic when I realized that everyone but the shareholders made money off KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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