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Kenya Airways...why ignore..
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Bond, What bond? Is he suggesting; 1. That the KQLC banks be given GOK Treasury bonds for their shares in KQ; or 2. KQ to issue corporate bonds to KQLC banks in lieu of the the shares. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,351 Location: Nairobi
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sparkly wrote:Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Bond, What bond? Is he suggesting; 1. That the KQLC banks be given GOK Treasury bonds for their shares in KQ; or 2. KQ to issue corporate bonds to KQLC banks in lieu of the the shares. 1. Acceptable 2. Waste of time. Requires a 100% provision. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:the deal wrote:Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Possible if GoK and KLM and KQLC strike a deal separately...in that case minority shareholders will be left high and dry... There’s nothing that can drive KQLC and KLM to strike an underhand deal of such a nature, noting that they were at the 07.08.2017 EGM Now that the end of course examinations are around the corner, its time to do thorough revisions. I speak from coded experience and not 8-4-4 or cbc or cpc Let me leave this one here(P.G is advisd) https://photos.app.goo.gl/c11aLRp7bD6LREsi9,Behold, a sower went forth to sow;....
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Rank: Chief Joined: 1/3/2007 Posts: 18,351 Location: Nairobi
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muandiwambeu wrote:obiero wrote:the deal wrote:Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Possible if GoK and KLM and KQLC strike a deal separately...in that case minority shareholders will be left high and dry... There’s nothing that can drive KQLC and KLM to strike an underhand deal of such a nature, noting that they were at the 07.08.2017 EGM Now that the end of course examinations are around the corner, its time to do thorough revisions. I speak from coded experience and not 8-4-4 or cbc or cpc Let me leave this one here(P.G is advisd) https://photos.app.goo.gl/c11aLRp7bD6LREsi9  I am glad I am not the guy in the lurch! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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sparkly wrote:Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Bond, What bond? Is he suggesting; 1. That the KQLC banks be given GOK Treasury bonds for their shares in KQ; or 2. KQ to issue corporate bonds to KQLC banks in lieu of the the shares. From his speech,it seems he means a treasury bond. Towards the goal of financial freedom
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Ebenyo wrote:sparkly wrote:Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Bond, What bond? Is he suggesting; 1. That the KQLC banks be given GOK Treasury bonds for their shares in KQ; or 2. KQ to issue corporate bonds to KQLC banks in lieu of the the shares. From his speech,it seems he means a treasury bond. His speech is nothing - neither here nor there. What matters is what his committee wrote in the report. The bond is NOT one of the recommendations! It is just a passing observation. Like I said: kuna watu watajua hawajui!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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chiaroscuro wrote:Ebenyo wrote:sparkly wrote:Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Bond, What bond? Is he suggesting; 1. That the KQLC banks be given GOK Treasury bonds for their shares in KQ; or 2. KQ to issue corporate bonds to KQLC banks in lieu of the the shares. From his speech,it seems he means a treasury bond. His speech is nothing - neither here nor there. What matters is what his committee wrote in the report. The bond is NOT one of the recommendations! It is just a passing observation. Like I said: kuna watu watajua hawajui! Pkosing is very confused. He doesn't understand what national carrier status means. Whoever told him that KQ must be 100% government owned to enjoy incentives and tax subsidies did him a huge disservice. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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sparkly wrote:chiaroscuro wrote:Ebenyo wrote:sparkly wrote:Ebenyo wrote:VituVingiSana wrote:the deal wrote:GoK, KQLC and ME both hold the same class of shares...so GoK will make an offer...I don't think the banks will accept a haircut...question is how does broke GoK pay us? They can issue bonds to KQLC,KLM and Minority shareholders... Your dreams are valid. Minority shareholders will take a loss while KQLC will be given a 10 year bond. Bond, What bond? Is he suggesting; 1. That the KQLC banks be given GOK Treasury bonds for their shares in KQ; or 2. KQ to issue corporate bonds to KQLC banks in lieu of the the shares. From his speech,it seems he means a treasury bond. His speech is nothing - neither here nor there. What matters is what his committee wrote in the report. The bond is NOT one of the recommendations! It is just a passing observation. Like I said: kuna watu watajua hawajui! Pkosing is very confused. He doesn't understand what national carrier status means. Whoever told him that KQ must be 100% government owned to enjoy incentives and tax subsidies did him a huge disservice. He's an MP.By doing that report he has been paid an allowance Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
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Pkosing said they'll spend about Ksh 800 million to buy out minority shareholders
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