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Kenya Airways...why ignore..
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obiero
#14321 Posted : Thursday, February 27, 2020 6:40:18 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
maka wrote:
Allan confirmed.... Obiero post the memo.

Wait

KQ ABP 4.26
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obiero
#14322 Posted : Thursday, February 27, 2020 7:01:16 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
obiero wrote:
Monk wrote:
obiero wrote:
ArrestedDev wrote:
Spikes wrote:
obiero wrote:
snifadog wrote:
obiero wrote:
snifadog wrote:
borderline genius ? taken with a large pinch of salt coming from a KQ addict like you

Research a little about the schooling of the man.. Not everything African is bad. Even Kibaki was a borderline genius going by his grades



schooling is mostly about exams..anyone well prepared can pass an exam. our african schools are about memorising correct answers to exam questions and regurgitating in the exam hall. let no fancy sounding schools fool you

This is the problem in Africa. We always try to bring down anyone who's doing better than us


'Doing better than us' How? Everybody is endowed differently in terms of gifts and talents...And I don't think Nguze and his predecessor Naikuni were gifted or talented in transforming KQ... They were just nepotism/cronyism appointees by the state. About schooling and qualifications, a number of Kenyans can outshine most crooks heading big corporations .
You can't tell us these crooks including your buddy Alex Mbugua are more educated than us Wazuans!


Well said. Just connections. He is the brother of a Royal family Bank CEO. Well connected to the Royal family and hence facilitate deals for the investment firm.

Naikuni was selected to the defunct RVR board to facilitate money laundering through SPVs. I mentioned it in this forum. Airtel board - gave them a contract while he was in KQ for some mobile services - @maka shed more light on what service Airtel was to offer KQ - you mentioned a while in here.

Royalty nothing! He worked for his accomplishments.. We can't all be CEOs.. Next we will state here that Allan the Jambojet CEO got hired erroneously by GE.. Let's just blog in peace and accept our status in life


@Obiero You have me baffled. I thought you are a man of the world who sometimes likes to play devils advocate. This time you sound naive...no offense.

@Monk naivety is the juice of kings, for no one knows everything

We welcome Allan the turnaround CEO

KQ ABP 4.26
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ArrestedDev
#14323 Posted : Thursday, February 27, 2020 10:52:27 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
Allan confirmed.... Obiero post the memo.


Instituted any tangible changes since he started on the role or just to protect ‘our interests’?
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VituVingiSana
#14324 Posted : Thursday, February 27, 2020 11:09:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
ArrestedDev wrote:
maka wrote:
Allan confirmed.... Obiero post the memo.

Instituted any tangible changes since he started on the role or just to protect ‘our interests’?
Freebies ya Obiero? Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#14325 Posted : Friday, February 28, 2020 11:26:46 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
mwekez@ji wrote:
VituVingiSana wrote:
Ericsson wrote:
littledove wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Ericsson wrote:
sparkly wrote:
Spikes wrote:
obiero wrote:
42 billion in the air. I speak in code


Codes never work anymore! Shareholders are ripped off,you being one of them.


Watch and learn

Laughing out loudly Laughing out loudly Laughing out loudly

Approaching take off
737 MAX with MCAS! Laughing out loudly Applause

Wewe Wacha! Treasury has allocated the funds and release shall be in next few weeks

is the allocation meant for nationalization or just to stabilize operation?


Stabilize operation
Nationalization unless they buy out the minority shareholders and then defer payment for KQLC

42 Billion for stabilization? d'oh!
KQLC deserves to be paid off given they were coerced into the Debt:Equity exchange.. Wengine wapambane na hali wake.

I've heard of 5B that will be from government in form of convertible debt to support working capital. Not 42B.

Boom
and ksh.5bn it is
https://pbs.twimg.com/me...rmat=jpg&name=medium
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#14326 Posted : Friday, February 28, 2020 12:15:39 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
What the heck?
Another 5bn?
Waste of money.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#14327 Posted : Friday, February 28, 2020 5:30:09 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
What the heck?
Another 5bn?
Waste of money.

Money is for;
Completing scheduled engine overhaul programme on E190 embraer fleet
Fund general working capital requirement
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#14328 Posted : Friday, February 28, 2020 8:05:58 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
What the heck?
Another 5bn?
Waste of money.

Money is for;
Completing scheduled engine overhaul programme on E190 embraer fleet
Fund general working capital requirement
Yaani, those E190s aren't generating enough to pay for the engine overhauls? And the "general WC" requirement is as good as saying that it will be used to cover losses.

That 5bn loan will be "converted" in equity in a negative equity firm. Taxpayers are being hosed down.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#14329 Posted : Friday, February 28, 2020 11:08:50 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
What the heck?
Another 5bn?
Waste of money.

Money is for;
Completing scheduled engine overhaul programme on E190 embraer fleet
Fund general working capital requirement
Yaani, those E190s aren't generating enough to pay for the engine overhauls? And the "general WC" requirement is as good as saying that it will be used to cover losses.

That 5bn loan will be "converted" in equity in a negative equity firm. Taxpayers are being hosed down.

Exercise caution in dealing with KQ shares

KQ ABP 4.26
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VituVingiSana
#14330 Posted : Friday, February 28, 2020 11:36:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
What the heck?
Another 5bn?
Waste of money.

Money is for;
Completing scheduled engine overhaul programme on E190 embraer fleet
Fund general working capital requirement
Yaani, those E190s aren't generating enough to pay for the engine overhauls? And the "general WC" requirement is as good as saying that it will be used to cover losses.

That 5bn loan will be "converted" in equity in a negative equity firm. Taxpayers are being hosed down.

Exercise caution in dealing with KQ shares
You should help out KQ by lending it lots of money Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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