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Predictions that came to pass (Wazua wisdom)
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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#TBT some original predictions and quotable quotes from the Wazua archives, Enjoy. KQ will make the biggest loss in Kenya's corporate history. I foresee minimum loss ksh.18bn before tax. This will wipe out all the retained earnings and company will now be technically insolvent .... @Ericson 24/03/2015 Life is short. Live passionately.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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#1121 Posted : Monday, November 17, 2014 8:37:36 PMobiero wrote:will average down.. kamikaze style  Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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obiero wrote: I had to blind side a few investors and I apologise for ratting out but capital preservation preceeds integrity. “Somebody once said that in looking for people to hire , you look for three qualities: integrity, intelligence, and energy . And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.” –Warren Buffett Scott Olson : Low integrity, high energy and high intelligence and you have a smart, fast-moving thief. When someone is untrustworthy, that impacts every aspect of his or her life, and work is a major one. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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VituVingiSana wrote:obiero wrote: I had to blind side a few investors and I apologise for ratting out but capital preservation preceeds integrity. “Somebody once said that in looking for people to hire , you look for three qualities: integrity, intelligence, and energy . And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.” –Warren Buffett Scott Olson : Low integrity, high energy and high intelligence and you have a smart, fast-moving thief. When someone is untrustworthy, that impacts every aspect of his or her life, and work is a major one. Lol
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote: I had to blind side a few investors and I apologise for ratting out but capital preservation preceeds integrity. “Somebody once said that in looking for people to hire , you look for three qualities: integrity, intelligence, and energy . And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.” –Warren Buffett Scott Olson : Low integrity, high energy and high intelligence and you have a smart, fast-moving thief. When someone is untrustworthy, that impacts every aspect of his or her life, and work is a major one. Lol Sad 
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Rank: User Joined: 1/20/2014 Posts: 3,528
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iris wrote:obiero wrote:VituVingiSana wrote:obiero wrote: I had to blind side a few investors and I apologise for ratting out but capital preservation preceeds integrity. “Somebody once said that in looking for people to hire , you look for three qualities: integrity, intelligence, and energy . And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.” –Warren Buffett Scott Olson : Low integrity, high energy and high intelligence and you have a smart, fast-moving thief. When someone is untrustworthy, that impacts every aspect of his or her life, and work is a major one. Lol Sad  Now this nice thread has been hijacked again by the usual suspects #KQ Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Othelo wrote:iris wrote:obiero wrote:VituVingiSana wrote:obiero wrote: I had to blind side a few investors and I apologise for ratting out but capital preservation preceeds integrity. “Somebody once said that in looking for people to hire , you look for three qualities: integrity, intelligence, and energy . And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.” –Warren Buffett Scott Olson : Low integrity, high energy and high intelligence and you have a smart, fast-moving thief. When someone is untrustworthy, that impacts every aspect of his or her life, and work is a major one. Lol Sad Now this nice thread has been hijacked again by the usual suspects #KQ Everywhere you go..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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KQ since 2011 has all the hallmarks of a scam... Learn. And avoid. Some of us for years warned of the conmen running and fronting KQ. I was a supporter until I saw the light in 2012. 1) Buy assets in droves, driving up debt. And managers getting kickbacks. 2) Employ cheerleaders who had no stake in the 16:5 (?) Rights Issue but earn fees. 3) Give excuses for everything. 4) Extended the term of the CEO/CFO to tie up loose ends. 5) Employed hacks to talk up the shares in online forums. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 11/13/2015 Posts: 1,596
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#TBT Friday, May 10, 2013 9:17:00 AM mkonotupu wrote:
"The only way to fund this capital intensive projects would be for kengen to continue soaking debt and that would hurt the equity. Shareholders would come out worse as @Kausha keeps saying. With that in mind I have placed an order to sell all my Kengen shares take out my 90% capital gains (I sold out a major portion @ 16.05 after I heard the new Enery secretary Chirchir speak in Statehouse). I will now set up a helpline like Buffet with airline stocks every time I want to invest in GoK parastatals I will call them and they talk me down."
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