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Kenya Airways...why ignore..
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Impunity
#5031 Posted : Friday, July 22, 2016 6:15:17 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
MaichBlack wrote:
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!


Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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ArrestedDev
#5032 Posted : Friday, July 22, 2016 6:57:22 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
MaichBlack wrote:
mlennyma wrote:
heri wrote:

yes and the dollar is not tied at 100

But with the resources KQ has, you should have someone who can predict the direction the shilling is likely to take given the macro and micro economic factors and give advice on the loan before it has been taken and even after it has been taken!

Example One

Example Two

The issue is simple. As a manager, don't sit on your a$$ and start whining. You are not paid millions to give excuses. You are there to come up with solutions. And they had better work! Otherwise we would have hired a random Kenyan and paid him/her a fraction of your salary if we wanted "might work" ideas!!!


Managed like a typical GOK entity. I have always insisted Ngunze should leave. Wazuans have pointed out several flaws in his decisions on here. The links above doesn't work.
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ArrestedDev
#5033 Posted : Friday, July 22, 2016 7:06:23 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
MaichBlack wrote:
maka wrote:
Why is Ngunze still the CEO?

Probably the board is waiting for the popular American "Third Strike"!!!

KQ broke the loss records in the history of listed companies. This year they have broken their own record. May be the board is waiting for a third record!!!

Three strikes.... Applicable to Nguze???


I do not expect any strike from the pilots going forward. It seems the pilots lobby group was sorted out by the board chair, CS transport and the AG. God knows whose interests they are protecting.
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maka
#5034 Posted : Friday, July 22, 2016 7:23:06 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
MaichBlack wrote:
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!


Sad


Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year.
possunt quia posse videntur
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Othelo
#5035 Posted : Friday, July 22, 2016 7:41:53 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
maka wrote:
Impunity wrote:
MaichBlack wrote:
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!


Sad


Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year.

Why does KQ Board and shareholders allow for mediocrity Sad Sad Sad
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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enyands
#5036 Posted : Friday, July 22, 2016 8:05:51 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Othelo wrote:
maka wrote:
Impunity wrote:
MaichBlack wrote:
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!


Sad


Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year.

Why does KQ Board and shareholders allow for mediocrity Sad Sad Sad


Obiero mentioned before that the only only thing holding him is "connections"
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maka
#5037 Posted : Friday, July 22, 2016 8:23:13 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Othelo wrote:
maka wrote:
Impunity wrote:
MaichBlack wrote:
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!


Sad


Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year.

Why does KQ Board and shareholders allow for mediocrity Sad Sad Sad


Beats everyone...
possunt quia posse videntur
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MaichBlack
#5038 Posted : Friday, July 22, 2016 8:26:52 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,855
Othelo wrote:
maka wrote:
Impunity wrote:
MaichBlack wrote:
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!


Sad


Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year.

Why does KQ Board and shareholders allow for mediocrity Sad Sad Sad

Largest shareholder (29.8%) - GOK: Clueless, vested interests, corruption, Don't care (not my money - tax payers pap!) etc.

2nd Major shareholder (26.73%) - KLM: Benefiting from the mediocrity at KQ big time. As credible reports show, shafting KQ and the other shareholders right, left and center.

That is 56.53%!!!

The minority shareholders si ni akina @Obiero who are armed with fake "inside information" and misguided optimism!!! And even for those with no optimism and "inside information", what do they do with their minority shareholding???
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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obiero
#5039 Posted : Friday, July 22, 2016 9:36:54 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,237
Location: nairobi
MaichBlack wrote:
Othelo wrote:
maka wrote:
Impunity wrote:
MaichBlack wrote:
But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???

In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!


Sad


Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year.

Why does KQ Board and shareholders allow for mediocrity Sad Sad Sad

Largest shareholder (29.8%) - GOK: Clueless, vested interests, corruption, Don't care (not my money - tax payers pap!) etc.

2nd Major shareholder (26.73%) - KLM: Benefiting from the mediocrity at KQ big time. As credible reports show, shafting KQ and the other shareholders right, left and center.

That is 56.53%!!!

The minority shareholders si ni akina @Obiero who are armed with fake "inside information" and misguided optimism!!! And even for those with no optimism and "inside information", what do they do with their minority shareholding???

The information I had was credible. Ngunze himself said that "the auditors in their wisdom saw it fit that we should provide for the losses in the current financial year".. That changed the dynamic in the forecast

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  | | Edit by user: Friday, July 22, 2016 9:41 PM | Reason: Not specified
Pesa Nane
#5040 Posted : Friday, July 22, 2016 11:10:19 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
maka wrote:
Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year.


Pole @maka, win some (sasini kwa sasa Applause ), lose some smile and get clobbered elsewhere (KQ) Laughing out loudly

But on the brighter side, your time horizon was three years (Post #2563 Posted : Friday, November 06, 2015 8:05:06 AM)

maka wrote:
Am actually stocking up with a 3 year minimum time horizon.Lets compare notes then.... smile



Pesa Nane plans to be shilingi when he grows up.
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  | | Edit by user: Friday, July 22, 2016 11:13 PM | Reason: Not specified
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