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Kenya Airways...why ignore..
obiero
#5531 Posted : Tuesday, September 06, 2016 4:11:42 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
COOP, IMH, KEGN, KQ, MTNU
Spikes
#5532 Posted : Tuesday, September 06, 2016 4:57:25 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:


Ooh just to comply.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
VituVingiSana
#5533 Posted : Tuesday, September 06, 2016 10:18:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,373
Location: Nairobi
#8 - "Loss of capital..." [That's a new one. Negative Equity?]

At least they aren't wasting money on renting KICC...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#5534 Posted : Wednesday, September 07, 2016 8:34:50 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
VituVingiSana wrote:
#8 - "Loss of capital..." [That's a new one. Negative Equity?]

At least they aren't wasting money on renting KICC...

Thanks to Ngunze. Even last year we met at the Pride Centre.. This one shall be a hot one since last year the management told us that they would need 18months for a return to profit, we are now at 12months from the issued promise
COOP, IMH, KEGN, KQ, MTNU
chiaroscuro
#5535 Posted : Wednesday, September 07, 2016 2:56:57 PM
Rank: Veteran

Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
VituVingiSana wrote:
#8 - "Loss of capital..." [That's a new one. Negative Equity?]

At least they aren't wasting money on renting KICC...


I though so too!

Why is it still listed?
chiaroscuro
#5536 Posted : Wednesday, September 07, 2016 3:01:06 PM
Rank: Veteran

Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!
ArrestedDev
#5537 Posted : Wednesday, September 07, 2016 4:09:28 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!


It is as good as dead. More than 50billion required including sending home all the current directors. I do not know what kind of remuneration is being proposed for them as shown on the above AGM notice. The management problems facing KQ will persist so long as Ngunze remains to be used in the 2017 elections.
obiero
#5538 Posted : Wednesday, September 07, 2016 5:27:17 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded
COOP, IMH, KEGN, KQ, MTNU
Spikes
#5539 Posted : Wednesday, September 07, 2016 5:35:28 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded



Is 60B loan facility or free money? Clarify ?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#5540 Posted : Wednesday, September 07, 2016 7:12:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
Spikes wrote:
obiero wrote:
chiaroscuro wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later

Brother @Obiero, some of us have been thanking you since 2012.

I have never called out investors directly.. I used to walk alone but now it's time to make cash with the brave..


There is NO way you can get an insolvent company out of debt using more debt! Absolutely none!

The only way out is re-capitalisation. In this case Sh50bn is needed. Otherwise ni hadhi za Abu Nwasi!

@chiaroscuro we have obtained KES 60B courtesy of PJT.. Wait for the news to break next month
@arresteddev even by your own standards you have gone too low.. alleging that Ngunze will use KQ funds for Jubilee purposes is bizarre. Even if we were to imagine that theory, will Ogwapit and Awori allow the alleged scandal to transpire.. The turn around is finally here. Last boarding call was already sounded



Is 60B loan facility or free money? Clarify ?

How on earth would you imagine that it is more debt. Its capital restructuring
COOP, IMH, KEGN, KQ, MTNU
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