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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results.
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. Aki hapo line ya mwisho umedanganya peupe!!! There are no new hedges. Weka link bro
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. New hedges???? @Obiero hata kama umelipwa kudanganya eti KQ will surprise many wewe kwisha!!! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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Spikes wrote:ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. New hedges???? @Obiero hata kama umelipwa kudanganya eti KQ will surprise many wewe kwisha!!! At the exchange bar nikikata.. Just been informed son to former Tigania East MP Arnold Karauri is none other than Ronald Karauri a former Kenya Airways pilot and past chairman at KALPA, who holds 6% of Sportpesa with an estimated 'personal fortune' of KES 450M.. It's the cartels at KALPA that are feeding the frenzy on Ngunze
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:Spikes wrote:ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. New hedges???? @Obiero hata kama umelipwa kudanganya eti KQ will surprise many wewe kwisha!!! At the exchange bar nikikata.. Just been informed son to former Tigania East MP Arnold Karauri is none other than Ronald Karauri a former Kenya Airways pilot and past chairman at KALPA, who holds 6% of Sportpesa with an estimated 'personal fortune' of KES 450M.. It's the cartels at KALPA that are feeding the frenzy on Ngunze Why do you bring in Ronald Karauri into this? He is neither the Secretary General of KALPA nor a pilot with KQ anymore. Leave the brilliant chap to make his money. His stake in Sportpesa should not pain you - where do you think this guy took his million plus salary every month. KQ have entered into new hedges. The below article spells out clearly what Ngunze said at the Pride centre. Even if the earlier expensive hedges ends by March 2017, the new hedges entered into will result in further hedging losses.The sugar coating that you always see in his language is just hogwash. What flexibility is there in a contract that has just been entered? They should not have entered into further hedging contracts. Ngunze is indefensible and should leave. Quote:This has been largely due to the flexibility of the new hedging plans we have entered into that have also seen their timelines reduced to between 12 and 24 months,” Mr Ngunze said, adding that the airline is expecting its expensive hedging contracts to end by March next year, allowing it to fully utilise the benefits of the low oil prices.
This article was posted here. http://www.theeastafrica...tem-1-yuqnnn/index.html
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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ArrestedDev wrote:obiero wrote:Spikes wrote:ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. New hedges???? @Obiero hata kama umelipwa kudanganya eti KQ will surprise many wewe kwisha!!! At the exchange bar nikikata.. Just been informed son to former Tigania East MP Arnold Karauri is none other than Ronald Karauri a former Kenya Airways pilot and past chairman at KALPA, who holds 6% of Sportpesa with an estimated 'personal fortune' of KES 450M.. It's the cartels at KALPA that are feeding the frenzy on Ngunze Why do you bring in Ronald Karauri into this? He is neither the Secretary General of KALPA nor a pilot with KQ anymore. Leave the brilliant chap to make his money. His stake in Sportpesa should not pain you - where do you think this guy took his million plus salary every month. KQ have entered into new hedges. The below article spells out clearly what Ngunze said at the Pride centre. Even if the earlier expensive hedges ends by March 2017, the new hedges entered into will result in further hedging losses.The sugar coating that you always see in his language is just hogwash. What flexibility is there in a contract that has just been entered? They should not have entered into further hedging contracts. Ngunze is indefensible and should leave. Quote:This has been largely due to the flexibility of the new hedging plans we have entered into that have also seen their timelines reduced to between 12 and 24 months,” Mr Ngunze said, adding that the airline is expecting its expensive hedging contracts to end by March next year, allowing it to fully utilise the benefits of the low oil prices.
This article was posted here. http://www.theeastafrica...tem-1-yuqnnn/index.html
There are no new hedges. What was mentioned in that excerpt is that they have renogiated the previous tenors and brought them down to shorter spans, which is an excellent thing
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:obiero wrote:Spikes wrote:ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. New hedges???? @Obiero hata kama umelipwa kudanganya eti KQ will surprise many wewe kwisha!!! At the exchange bar nikikata.. Just been informed son to former Tigania East MP Arnold Karauri is none other than Ronald Karauri a former Kenya Airways pilot and past chairman at KALPA, who holds 6% of Sportpesa with an estimated 'personal fortune' of KES 450M.. It's the cartels at KALPA that are feeding the frenzy on Ngunze Why do you bring in Ronald Karauri into this? He is neither the Secretary General of KALPA nor a pilot with KQ anymore. Leave the brilliant chap to make his money. His stake in Sportpesa should not pain you - where do you think this guy took his million plus salary every month. KQ have entered into new hedges. The below article spells out clearly what Ngunze said at the Pride centre. Even if the earlier expensive hedges ends by March 2017, the new hedges entered into will result in further hedging losses.The sugar coating that you always see in his language is just hogwash. What flexibility is there in a contract that has just been entered? They should not have entered into further hedging contracts. Ngunze is indefensible and should leave. Quote:This has been largely due to the flexibility of the new hedging plans we have entered into that have also seen their timelines reduced to between 12 and 24 months,” Mr Ngunze said, adding that the airline is expecting its expensive hedging contracts to end by March next year, allowing it to fully utilise the benefits of the low oil prices.
This article was posted here. http://www.theeastafrica...tem-1-yuqnnn/index.html
There are no new hedges. What was mentioned in that excerpt is that they have renogiated the previous tenors and brought them down to shorter spans, which is an excellent thing No!!! Tell that to the birds. Read the excerpt very well. KQ has since entered into new hedging plans with timelines of between 12 and 24 months. None of the old hedges have been renegotiated since the rules does not allow and they are still in effect up to March 2017.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Spikes wrote:ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. New hedges???? @Obiero hata kama umelipwa kudanganya eti KQ will surprise many wewe kwisha!!! At the exchange bar nikikata.. Just been informed son to former Tigania East MP Arnold Karauri is none other than Ronald Karauri a former Kenya Airways pilot and past chairman at KALPA, who holds 6% of Sportpesa with an estimated 'personal fortune' of KES 450M.. It's the cartels at KALPA that are feeding the frenzy on Ngunze Why do you bring in Ronald Karauri into this? He is neither the Secretary General of KALPA nor a pilot with KQ anymore. Leave the brilliant chap to make his money. His stake in Sportpesa should not pain you - where do you think this guy took his million plus salary every month. KQ have entered into new hedges. The below article spells out clearly what Ngunze said at the Pride centre. Even if the earlier expensive hedges ends by March 2017, the new hedges entered into will result in further hedging losses.The sugar coating that you always see in his language is just hogwash. What flexibility is there in a contract that has just been entered? They should not have entered into further hedging contracts. Ngunze is indefensible and should leave. Quote:This has been largely due to the flexibility of the new hedging plans we have entered into that have also seen their timelines reduced to between 12 and 24 months,” Mr Ngunze said, adding that the airline is expecting its expensive hedging contracts to end by March next year, allowing it to fully utilise the benefits of the low oil prices.
This article was posted here. http://www.theeastafrica...tem-1-yuqnnn/index.html
There are no new hedges. What was mentioned in that excerpt is that they have renogiated the previous tenors and brought them down to shorter spans, which is an excellent thing No!!! Tell that to the birds. Read the excerpt very well. KQ has since entered into new hedging plans with timelines of between 12 and 24 months. None of the old hedges have been renegotiated since the rules does not allow and they are still in effect up to March 2017. Just like @obiero, these KQ clowns have eaten kickbacks again! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Spikes wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Spikes wrote:ArrestedDev wrote:obiero wrote:@arresteddev I empathise with what is happening at your firm and I understand that its not easy to handle some of the decisions being made. However, I beg to ask just three questions. 1. Was the decision to launch Capetown recently a good one 2. Would operating the Boeing 777 in its current form be cheaper than running the 787 3. Will stopping of the hedging policy impact the H1 results for 2016-2017 in any way Stop the sideshows and look at the pertinent issues raised by KALPA and all the analysts who have expressed their sentiments on the management performance of KQ. CPT was long overdue and it only materialized when Yves became the COO, Ngunze was in that position and never saw the opportunity. There is serious lack of cargo capacity in KQ now, Dick Murianki while releasing the results on the 21st observed that bigger Cargo bags cannot be shipped by KQ anymore due to the cargo space constraints arising from the operation of lower capacity planes including the B787. The B777 aircrafts can fit into the operations of KQ in the near future instead of disposing at below market prices as opined by KALPA. It is evident that no one in KQ is knowledgeable enough to manage fuel price volatility through hedging. It is only prudent that KQ stop entering into any further hedging contracts taking into consideration the magnitude of the hedging losses so far recorded. Ngunze reported that they have entered into further hedging contracts during the release of the results. New hedges???? @Obiero hata kama umelipwa kudanganya eti KQ will surprise many wewe kwisha!!! At the exchange bar nikikata.. Just been informed son to former Tigania East MP Arnold Karauri is none other than Ronald Karauri a former Kenya Airways pilot and past chairman at KALPA, who holds 6% of Sportpesa with an estimated 'personal fortune' of KES 450M.. It's the cartels at KALPA that are feeding the frenzy on Ngunze Why do you bring in Ronald Karauri into this? He is neither the Secretary General of KALPA nor a pilot with KQ anymore. Leave the brilliant chap to make his money. His stake in Sportpesa should not pain you - where do you think this guy took his million plus salary every month. KQ have entered into new hedges. The below article spells out clearly what Ngunze said at the Pride centre. Even if the earlier expensive hedges ends by March 2017, the new hedges entered into will result in further hedging losses.The sugar coating that you always see in his language is just hogwash. What flexibility is there in a contract that has just been entered? They should not have entered into further hedging contracts. Ngunze is indefensible and should leave. Quote:This has been largely due to the flexibility of the new hedging plans we have entered into that have also seen their timelines reduced to between 12 and 24 months,” Mr Ngunze said, adding that the airline is expecting its expensive hedging contracts to end by March next year, allowing it to fully utilise the benefits of the low oil prices.
This article was posted here. http://www.theeastafrica...tem-1-yuqnnn/index.html
There are no new hedges. What was mentioned in that excerpt is that they have renogiated the previous tenors and brought them down to shorter spans, which is an excellent thing No!!! Tell that to the birds. Read the excerpt very well. KQ has since entered into new hedging plans with timelines of between 12 and 24 months. None of the old hedges have been renegotiated since the rules does not allow and they are still in effect up to March 2017. Just like @obiero, these KQ clowns have eaten kickbacks again! Yeah, corruption is going on. This is the reason why Ngunze does not want to resign at all yet he is a very clueless individual. The swift right of reply from the board chair? They do not care about the future of the airline but they are concern about their own welfare. How will KQ compete going forward without a clear strategic plan? The pilots union is right. The forensic audit will be an exercise in futility if Ngunze is in the office. Even the politicians know, how can a guy who let the planning slip out his hand steer the airline back to profitability? Watch the below...
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