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Kenya Airways...why ignore..
VituVingiSana
#12841 Posted : Monday, June 10, 2019 7:54:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...News/idAFKCN1TB1K9-OZABS
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#12842 Posted : Monday, June 10, 2019 9:53:37 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
VituVingiSana wrote:
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...ews/idAFKCN1TB1K9-OZABS

That AGM left me more confused.. It's better if I hadn't made the effort to attend. My takehome message was via dear MJ who was bold enough to state that KQ will still run at a loss through to 2021 incase the airline does not grow it's revenue aggressively..

KQ ABP 4.26
maka
#12843 Posted : Monday, June 10, 2019 10:20:03 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...ews/idAFKCN1TB1K9-OZABS

That AGM left me more confused.. It's better if I hadn't made the effort to attend. My takehome message was via dear MJ who was bold enough to state that KQ will still run at a loss through to 2021 incase the airline does not grow it's revenue aggressively..



Told you.... Vindicated again... 😔😔 Very sad state of affairs at that company...
possunt quia posse videntur
Spikes
#12844 Posted : Monday, June 10, 2019 10:37:35 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
VituVingiSana wrote:
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...ews/idAFKCN1TB1K9-OZABS

That AGM left me more confused.. It's better if I hadn't made the effort to attend. My takehome message was via dear MJ who was bold enough to state that KQ will still run at a loss through to 2021 incase the airline does not grow it's revenue aggressively..


In that AGM who cares whether @obiero averaged down or up? People do care about their "tumbofare"...Shareholder is used as an avenue of financial pillar in times of corporate needs like Rights Issue, passing resolutions by acclamation to approve new directors to the board and et cetera.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
sparkly
#12845 Posted : Tuesday, June 11, 2019 12:58:07 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
VituVingiSana wrote:
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...ews/idAFKCN1TB1K9-OZABS

That AGM left me more confused.. It's better if I hadn't made the effort to attend. My takehome message was via dear MJ who was bold enough to state that KQ will still run at a loss through to 2021 incase the airline does not grow it's revenue aggressively..


Revenue is the magic word.
Life is short. Live passionately.
VituVingiSana
#12846 Posted : Tuesday, June 11, 2019 1:54:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Let me leave these here...

1) RIP KQ: Corrupt John Ngumi Appointed To The Board Of Kenya Airways
https://www.cnyakundi.co...board-of-kenya-airways/

2) Dar renews efforts for extradition of KPC boss over scam
https://www.nation.co.ke...92788-n5dd8l/index.html

3) John Ngumi: For how long will the Kenya Pipeline boss escape the long arm of the anti-corruption law?
http://cofek.co.ke/index...-the-long-arm-of-the-law
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#12847 Posted : Tuesday, June 11, 2019 5:42:06 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
VituVingiSana wrote:
Let me leave these here...

1) RIP KQ: Corrupt John Ngumi Appointed To The Board Of Kenya Airways
https://www.cnyakundi.co...board-of-kenya-airways/

2) Dar renews efforts for extradition of KPC boss over scam
https://www.nation.co.ke...92788-n5dd8l/index.html

3) John Ngumi: For how long will the Kenya Pipeline boss escape the long arm of the anti-corruption law?
http://cofek.co.ke/index...the-long-arm-of-the-law

Innuendo.. The only thing I know about Ngumi is that he has an insatiable carnal appetite.. With all the beauty on offer via cabin crew.. I am worried

KQ ABP 4.26
nairobby
#12848 Posted : Tuesday, June 11, 2019 9:18:47 AM
Rank: Member

Joined: 1/18/2019
Posts: 185
Location: kenya
obiero wrote:
VituVingiSana wrote:
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...ews/idAFKCN1TB1K9-OZABS

That AGM left me more confused.. It's better if I hadn't made the effort to attend. My takehome message was via dear MJ who was bold enough to state that KQ will still run at a loss through to 2021 incase the airline does not grow it's revenue aggressively..


That's ridiculous. Why would you hold such a stock???
Is the board and mgmt trying to say there is no way to reduce operational costs? If that isn't possible just close the damn thing.

Spikes
#12849 Posted : Tuesday, June 11, 2019 12:00:19 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
nairobby wrote:
obiero wrote:
VituVingiSana wrote:
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...ews/idAFKCN1TB1K9-OZABS

That AGM left me more confused.. It's better if I hadn't made the effort to attend. My takehome message was via dear MJ who was bold enough to state that KQ will still run at a loss through to 2021 incase the airline does not grow it's revenue aggressively..


That's ridiculous. Why would you hold such a stock???
Is the board and mgmt trying to say there is no way to reduce operational costs? If that isn't possible just close the damn thing.



The share price is primed to fall faster than novice @Wanjiku can average down.
Yesterday there was demand as speculators were expecting good news from AGM. MJ's remark has caused stir and panic now you can see demand has dried up as traders retreat.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Ericsson
#12850 Posted : Tuesday, June 11, 2019 12:28:08 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Spikes wrote:
nairobby wrote:
obiero wrote:
VituVingiSana wrote:
Kenya Airways aims to double fleet over 5 years on path to profit
https://af.reuters.com/a...ews/idAFKCN1TB1K9-OZABS

That AGM left me more confused.. It's better if I hadn't made the effort to attend. My takehome message was via dear MJ who was bold enough to state that KQ will still run at a loss through to 2021 incase the airline does not grow it's revenue aggressively..


That's ridiculous. Why would you hold such a stock???
Is the board and mgmt trying to say there is no way to reduce operational costs? If that isn't possible just close the damn thing.



The share price is primed to fall faster than novice @Wanjiku can average down.
Yesterday there was demand as speculators were expecting good news from AGM. MJ's remark has caused stir and panic now you can see demand has dried up as traders retreat.


Chairman Michael Joseph told people the reality.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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