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Kenya Airways...why ignore.. end 2025
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maka
#12541 Posted : Friday, May 17, 2019 12:17:35 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Pathetic numbers YTD.... Dead as a dodo...
possunt quia posse videntur
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obiero
#12542 Posted : Friday, May 17, 2019 5:04:14 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
rwitre wrote:
tandich wrote:
Rotich on spending spree despite need for austerity

Quote:
The government will also be increasing its expenditure on buying shares in companies by over 10 times. This is after it increased its expenditure for strategic investments in public enterprises from Sh300 million to Sh3.7 billion.


Is this for Kenya Airways?


GoK wants to buyout KQLC?


ksh.3.7bn is too little to buyout KQLC maybe minority shareholders like Obiero and still remain with change
Why waste a single penny on buying out minority shareholders who willingly bought shares in KQ?
GoK should buy KQLC's stake and then take KQ through the bankruptcy process.

GoK buying our minority shareholders is acceptable for as long as it is above KQLC entry price. Otherwise this is Goldenberg reborn and shall be challenged in court
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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obiero
#12543 Posted : Friday, May 17, 2019 5:06:21 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
maka wrote:
Pathetic numbers YTD.... Dead as a dodo...

KQ will not make it past 2014 they said? KQ will not fly to JFK they said? Jambojet is a bad idea they said? Talk is cheap..
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Ericsson
#12544 Posted : Friday, May 17, 2019 6:32:43 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
obiero wrote:
maka wrote:
Pathetic numbers YTD.... Dead as a dodo...

KQ will not make it past 2014 they said? KQ will not fly to JFK they said? Jambojet is a bad idea they said? Talk is cheap..


Remove GOK/taxpayers financial support then rephrase your statement
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#12545 Posted : Friday, May 17, 2019 6:34:39 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
rwitre wrote:
tandich wrote:
Rotich on spending spree despite need for austerity

Quote:
The government will also be increasing its expenditure on buying shares in companies by over 10 times. This is after it increased its expenditure for strategic investments in public enterprises from Sh300 million to Sh3.7 billion.


Is this for Kenya Airways?


GoK wants to buyout KQLC?


ksh.3.7bn is too little to buyout KQLC maybe minority shareholders like Obiero and still remain with change
Why waste a single penny on buying out minority shareholders who willingly bought shares in KQ?
GoK should buy KQLC's stake and then take KQ through the bankruptcy process.

GoK buying our minority shareholders is acceptable for as long as it is above KQLC entry price. Otherwise this is Goldenberg reborn and shall be challenged in court

Challenged by who,there is no written agreement with Minority shareholders.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#12546 Posted : Friday, May 17, 2019 6:49:26 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
Ericsson wrote:
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
rwitre wrote:
tandich wrote:
Rotich on spending spree despite need for austerity

Quote:
The government will also be increasing its expenditure on buying shares in companies by over 10 times. This is after it increased its expenditure for strategic investments in public enterprises from Sh300 million to Sh3.7 billion.


Is this for Kenya Airways?


GoK wants to buyout KQLC?


ksh.3.7bn is too little to buyout KQLC maybe minority shareholders like Obiero and still remain with change
Why waste a single penny on buying out minority shareholders who willingly bought shares in KQ?
GoK should buy KQLC's stake and then take KQ through the bankruptcy process.

GoK buying our minority shareholders is acceptable for as long as it is above KQLC entry price. Otherwise this is Goldenberg reborn and shall be challenged in court

Challenged by who,there is no written agreement with Minority shareholders.

Oh. Sorry.. Well I guess this is a verbal statement issued by the Chairman http://www.winda.co.ke/projectsafari.pdf
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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obiero
#12547 Posted : Friday, May 17, 2019 6:51:54 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
Ericsson wrote:
obiero wrote:
maka wrote:
Pathetic numbers YTD.... Dead as a dodo...

KQ will not make it past 2014 they said? KQ will not fly to JFK they said? Jambojet is a bad idea they said? Talk is cheap..


Remove GOK/taxpayers financial support then rephrase your statement

The same can be said about KCB and Safaricom which both have GoK shareholding.. You don't choose your parents, they choose you
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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VituVingiSana
#12548 Posted : Friday, May 17, 2019 6:52:31 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,437
Location: Nairobi
obiero wrote:
maka wrote:
Pathetic numbers YTD.... Dead as a dodo...

KQ will not make it past 2014 they said? KQ will not fly to JFK they said? Jambojet is a bad idea they said? Talk is cheap..
B-A-I-L-O-U-T d'oh!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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xxxxx
#12549 Posted : Friday, May 17, 2019 7:29:59 AM
Rank: Member

Joined: 3/20/2008
Posts: 503
obiero wrote:
Ericsson wrote:
obiero wrote:
maka wrote:
Pathetic numbers YTD.... Dead as a dodo...

KQ will not make it past 2014 they said? KQ will not fly to JFK they said? Jambojet is a bad idea they said? Talk is cheap..


Remove GOK/taxpayers financial support then rephrase your statement

The same can be said about KCB and Safaricom which both have GoK shareholding.. You don't choose your parents, they choose you


....for a man shall leave his father and mother and be joined to his wife......Well as KQ didn't choose its parents, it has REFUSED to grow
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tandich
#12550 Posted : Friday, May 17, 2019 7:33:50 AM
Rank: Member

Joined: 5/6/2008
Posts: 199
maka wrote:
Pathetic numbers YTD.... Dead as a dodo...


Would you care to share any details?
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