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Kenya Airways...why ignore..
Rank: Member Joined: 6/1/2017 Posts: 288
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VituVingiSana wrote:GoK needs to make the banks whole so they can lend the cash to firms that can come out of the COVID19 crisis stronger. GoK and CBK should take just modest interventions.Mass money printing for bailouts like Western nations will have disastrous consequences long term especially for our KES thats relatively weak in global markets.The West are getting away with it for now but chickens will come home to roost on this. It will be interesting to see how GoK and CBK behave once Covid-19 really hits Kenya in the next few weeks.Will Opus Dei unleash trillions like the Fed and buy everything from government and corporate bonds,commercial paper,bailout money market funds and even indirectly buy stocks,send some money to every Kenyan like the US central bank and its counterparts in Europe,Japan and China. Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
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Rank: New-farer Joined: 5/24/2017 Posts: 44
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slick wrote:Angelica _ann wrote:maka wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD This song has been sung over and over This crap is accelerating downwards to sub 1 bob without hope of recovery. #KQisDEAD after ailing from COVID-19. I don't know how it will come out of this one. Bailout!!!!! Not a bailout like US airlines that behaved badly.KQ and US airlines need to be allowed to fail and have new more honest owners take over.If they collapse,the planes dont disappear into the ether but just get better owners who will learn to be prudent knowing they will be allowed to go bankrupt if they misbehave.Its the essence of free capitalism that purges dishonest players who engage in excess.Bankruptcies are good as it relocates resources to better management There's no 'big enough' local airline to fill KQ local and regional void. When Jambojet grows to half the size of KQ then KQ can be buried.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Zichi wrote:slick wrote:Angelica _ann wrote:maka wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD This song has been sung over and over This crap is accelerating downwards to sub 1 bob without hope of recovery. #KQisDEAD after ailing from COVID-19. I don't know how it will come out of this one. Bailout!!!!! Not a bailout like US airlines that behaved badly.KQ and US airlines need to be allowed to fail and have new more honest owners take over.If they collapse,the planes dont disappear into the ether but just get better owners who will learn to be prudent knowing they will be allowed to go bankrupt if they misbehave.Its the essence of free capitalism that purges dishonest players who engage in excess.Bankruptcies are good as it relocates resources to better management There's no 'big enough' local airline to fill KQ local and regional void. When Jambojet grows to half the size of KQ then KQ can be buried. Jambojet is KQ. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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slick wrote:VituVingiSana wrote:GoK needs to make the banks whole so they can lend the cash to firms that can come out of the COVID19 crisis stronger. GoK and CBK should take just modest interventions.Mass money printing for bailouts like Western nations will have disastrous consequences long term especially for our KES thats relatively weak in global markets.The West are getting away with it for now but chickens will come home to roost on this. It will be interesting to see how GoK and CBK behave once Covid-19 really hits Kenya in the next few weeks.Will Opus Dei unleash trillions like the Fed and buy everything from government and corporate bonds,commercial paper,bailout money market funds and even indirectly buy stocks,send some money to every Kenyan like the US central bank and its counterparts in Europe,Japan and China. Money should be spent on improving healthcare facilities Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
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Zichi wrote:slick wrote:Angelica _ann wrote:maka wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD This song has been sung over and over This crap is accelerating downwards to sub 1 bob without hope of recovery. #KQisDEAD after ailing from COVID-19. I don't know how it will come out of this one. Bailout!!!!! Not a bailout like US airlines that behaved badly.KQ and US airlines need to be allowed to fail and have new more honest owners take over.If they collapse,the planes dont disappear into the ether but just get better owners who will learn to be prudent knowing they will be allowed to go bankrupt if they misbehave.Its the essence of free capitalism that purges dishonest players who engage in excess.Bankruptcies are good as it relocates resources to better management There's no 'big enough' local airline to fill KQ local and regional void. When Jambojet grows to half the size of KQ then KQ can be buried. Jambojet is a subsidiary of KQ, so they will always live and die together. Which tells you that KQ will definitely survive the storms in one way or another, dying is not an option. At worst it will close business for some time and later get revived.... KQ shareholder funds on the other hand don't have such a certain future, definitely could be wiped out completely
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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slick wrote:VituVingiSana wrote:GoK needs to make the banks whole so they can lend the cash to firms that can come out of the COVID19 crisis stronger. GoK and CBK should take just modest interventions.Mass money printing for bailouts like Western nations will have disastrous consequences long term especially for our KES thats relatively weak in global markets.The West are getting away with it for now but chickens will come home to roost on this. It will be interesting to see how GoK and CBK behave once Covid-19 really hits Kenya in the next few weeks.Will Opus Dei unleash trillions like the Fed and buy everything from government and corporate bonds,commercial paper,bailout money market funds and even indirectly buy stocks,send some money to every Kenyan like the US central bank and its counterparts in Europe,Japan and China. Turudi Kenya. GoK made some promises to the banks in exchange for the Debt:Equity Conversion. GoK should live up to that promise. Then take KQ out into the middle of NNP and 💥. Vitu vingine regarding bailouts have little bearing on KQ's status as a perpetual loss-making machine. JJ can be spun off as different legal entity owned by the creditors of KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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slick wrote:Angelica _ann wrote:maka wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD This song has been sung over and over This crap is accelerating downwards to sub 1 bob without hope of recovery. #KQisDEAD after ailing from COVID-19. I don't know how it will come out of this one. Bailout!!!!! Not a bailout like US airlines that behaved badly.KQ and US airlines need to be allowed to fail and have new more honest owners take over.If they collapse,the planes dont disappear into the ether but just get better owners who will learn to be prudent knowing they will be allowed to go bankrupt if they misbehave.Its the essence of free capitalism that purges dishonest players who engage in excess.Bankruptcies are good as it relocates resources to better management  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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VituVingiSana wrote:slick wrote:Angelica _ann wrote:maka wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD This song has been sung over and over This crap is accelerating downwards to sub 1 bob without hope of recovery. #KQisDEAD after ailing from COVID-19. I don't know how it will come out of this one. Bailout!!!!! Not a bailout like US airlines that behaved badly.KQ and US airlines need to be allowed to fail and have new more honest owners take over.If they collapse,the planes dont disappear into the ether but just get better owners who will learn to be prudent knowing they will be allowed to go bankrupt if they misbehave.Its the essence of free capitalism that purges dishonest players who engage in excess.Bankruptcies are good as it relocates resources to better management KQ is more of a national symbol, I doubt any standing government would allow it to fail. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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HaMaina wrote:VituVingiSana wrote:slick wrote:Angelica _ann wrote:maka wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD This song has been sung over and over This crap is accelerating downwards to sub 1 bob without hope of recovery. #KQisDEAD after ailing from COVID-19. I don't know how it will come out of this one. Bailout!!!!! Not a bailout like US airlines that behaved badly.KQ and US airlines need to be allowed to fail and have new more honest owners take over.If they collapse,the planes dont disappear into the ether but just get better owners who will learn to be prudent knowing they will be allowed to go bankrupt if they misbehave.Its the essence of free capitalism that purges dishonest players who engage in excess.Bankruptcies are good as it relocates resources to better management KQ is more of a national symbol, I doubt any standing government would allow it to fail. The graveyard of corporate failure is littered with corpses of national airlines. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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HaMaina wrote:VituVingiSana wrote:slick wrote:Angelica _ann wrote:maka wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Extraterrestrial wrote:VituVingiSana wrote:Extraterrestrial wrote:Its wiser to take a Western/European airline where business class would be in the 300Ks or even less. Economy premium is another interesting seat which costs in the 100Ks with the said Western/European Airlines eg. Air France, Virgin etc. That being said, no airline has business class seats as good as KQ (very wide). Travelling economy, it makes sense taking an indirect flight because 14 hours is too much in such a tiny seat. Also note that I'm talking about "normal times". In normal times, KQ would not go anywhere with such pricing. KQs business class to US is a hot sell and the pricing is similar or worse. The best business class in Africa #KQisDEAD This song has been sung over and over This crap is accelerating downwards to sub 1 bob without hope of recovery. #KQisDEAD after ailing from COVID-19. I don't know how it will come out of this one. Bailout!!!!! Not a bailout like US airlines that behaved badly.KQ and US airlines need to be allowed to fail and have new more honest owners take over.If they collapse,the planes dont disappear into the ether but just get better owners who will learn to be prudent knowing they will be allowed to go bankrupt if they misbehave.Its the essence of free capitalism that purges dishonest players who engage in excess.Bankruptcies are good as it relocates resources to better management KQ is more of a national symbol, I doubt any standing government would allow it to fail. The graveyard of corporate failure is littered with corpses of national airlines. Life is short. Live passionately.
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