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Kenya Airways...why ignore.. end 2025
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obiero
#14031 Posted : Friday, November 15, 2019 6:54:25 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,463
Location: nairobi
VituVingiSana wrote:
sparkly wrote:
Ericsson wrote:
Nationalization to kick off on December 20th

KQ is a poor company operating in a poor industry. I still don't see how nationalization will help it out apart from screwing the minority and giving the bankers more leeway to negotiate their exit with GOK.
The Taxpayer is always there to save the day!
https://www.youtube.com/watch?v=5j482ajpNEY

Amazing grace..
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Ericsson
#14032 Posted : Friday, November 15, 2019 8:06:58 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,834
Location: NAIROBI
sparkly wrote:
Ericsson wrote:
Nationalization to kick off on December 20th


KQ is a poor company operating in a poor industry. I still don't see how nationalization will help it out apart from screwing the minority and giving the bankers more leeway to negotiate their exit with GOK.

Very true
Highest price minority shareholders will be bought out is ksh.4
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Friday, November 15, 2019 8:08 AM | Reason: Not specified
VituVingiSana
#14033 Posted : Friday, November 15, 2019 8:29:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,433
Location: Nairobi
Ericsson wrote:
sparkly wrote:
Ericsson wrote:
Nationalization to kick off on December 20th


KQ is a poor company operating in a poor industry. I still don't see how nationalization will help it out apart from screwing the minority and giving the bankers more leeway to negotiate their exit with GOK.

Very true
Highest price minority shareholders will be bought out is ksh.4
Which is 4/- too much.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Spikes
#14034 Posted : Friday, November 15, 2019 9:30:27 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
VituVingiSana wrote:
Ericsson wrote:
sparkly wrote:
Ericsson wrote:
Nationalization to kick off on December 20th


KQ is a poor company operating in a poor industry. I still don't see how nationalization will help it out apart from screwing the minority and giving the bankers more leeway to negotiate their exit with GOK.

Very true
Highest price minority shareholders will be bought out is ksh.4
Which is 4/- too much.


Amazing grace!
Laughing out loudly Laughing out loudly Laughing out loudly
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#14035 Posted : Friday, November 15, 2019 9:36:55 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,463
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
sparkly wrote:
Ericsson wrote:
Nationalization to kick off on December 20th


KQ is a poor company operating in a poor industry. I still don't see how nationalization will help it out apart from screwing the minority and giving the bankers more leeway to negotiate their exit with GOK.

Very true
Highest price minority shareholders will be bought out is ksh.4
Which is 4/- too much.

Unlike ARM, tutapata ya kufuta chozi
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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maka
#14036 Posted : Friday, November 15, 2019 9:57:47 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
obiero wrote:
Buy out price to be disclosed by January 2020.. KQ to be delisted by April 2020. Starting tomorrow, I take one final throw at the dice. I speak in code


KQ requires sh.45bn bailout to turn around.
If it doesn't get a treasury bailout in 6 months airline will shut down.



I have been saying this for a while now...smile
Even getting salos is an issue... Behind pension payments ...etc etc
possunt quia posse videntur
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VituVingiSana
#14037 Posted : Friday, November 15, 2019 9:58:20 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,433
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
sparkly wrote:
Ericsson wrote:
Nationalization to kick off on December 20th


KQ is a poor company operating in a poor industry. I still don't see how nationalization will help it out apart from screwing the minority and giving the bankers more leeway to negotiate their exit with GOK.

Very true
Highest price minority shareholders will be bought out is ksh.4
Which is 4/- too much.

Unlike ARM, tutapata ya kufuta chozi
Laughing out loudly
I will also benefit from the payout to the banks.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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maka
#14038 Posted : Friday, November 15, 2019 10:00:50 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
sparkly wrote:
Ericsson wrote:
Nationalization to kick off on December 20th


KQ is a poor company operating in a poor industry. I still don't see how nationalization will help it out apart from screwing the minority and giving the bankers more leeway to negotiate their exit with GOK.

Very true
Highest price minority shareholders will be bought out is ksh.4
Which is 4/- too much.

Unlike ARM, tutapata ya kufuta chozi
Laughing out loudly
I will also benefit from the payout to the banks.


Conversion to a 10 year bond...
possunt quia posse videntur
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RIEK01
#14039 Posted : Friday, November 15, 2019 10:26:12 AM
Rank: New-farer

Joined: 2/8/2018
Posts: 73
Ericsson wrote:
Nationalization to kick off on December 20th



Source?
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mwekez@ji
#14040 Posted : Friday, November 15, 2019 10:47:28 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
RIEK01 wrote:
Ericsson wrote:
Nationalization to kick off on December 20th



Source?


Not answering for @Ericsson but see below

https://www.businessdailyafrica....349562-5wj445/index.html
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