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Kenya Airways...why ignore..
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HaMaina
#15141 Posted : Monday, February 15, 2021 11:07:07 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
Pesa Nane wrote:



I had already predicted this shareholding distribution if you look at my post #8874 where I mentioned KQ lenders will have 2.2bn shares equivalent to a stake of 38.1%

Sasa tukupe t-shirt ama


Chunguza wapi uliteleza ulipotuambia kutakuwa na 29bn shares which will then be consolidated on a ratio of 1:4 to give 7.4bn issued shares for KQ

Jamii Bora opted out and the loan repayments for September and October were settled hence lower issued shares. This is relatively obvious


The main story sold to shareholders for consolidation, was that Consolidation was necessary in order to facilitate for a rights issue.Only Jamii bora saw through the scam. Now the story after consolidation is a buyout, which at the moment is at depressed prices, thus the only one benefiting from this is the government who can now buy 1 share instead of 4 at bargain depressed prices.Lets face it, shareholders were played/scammed by the government.
“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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VituVingiSana
#15142 Posted : Tuesday, February 16, 2021 1:54:09 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
https://www.businessdail...s-to-one-weekly-3292470
Back to 1 flight per week to NYC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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HaMaina
#15143 Posted : Tuesday, February 16, 2021 2:10:10 PM
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Joined: 4/23/2014
Posts: 909
Kenya's plan to takeover KQ enters final stage
“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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Ericsson
#15144 Posted : Wednesday, February 17, 2021 12:31:18 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
South African government grants South African Airways $346mn to make severance payments.


Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#15145 Posted : Thursday, February 18, 2021 9:39:13 AM
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Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://kenyanwallstreet...lout-skyrockets-to-35-b/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#15146 Posted : Wednesday, March 10, 2021 10:24:13 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Another day. Another bailout.
https://twitter.com/citi...369720487107035138?s=20
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#15147 Posted : Friday, March 12, 2021 6:21:52 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,516
Location: nairobi
VituVingiSana wrote:
Another day. Another bailout.
https://twitter.com/citi...369720487107035138?s=20

The Pride of Africa needs to pay up

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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HaMaina
#15148 Posted : Thursday, March 18, 2021 11:06:39 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
obiero wrote:
VituVingiSana wrote:
Another day. Another bailout.
https://twitter.com/citi...369720487107035138?s=20

The Pride of Africa needs to pay up


Id rather the 10 Billion is spent to assist KQ, rather than being spent on this bbi nonsense.
“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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VituVingiSana
#15149 Posted : Tuesday, March 23, 2021 9:22:40 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
LAT -36bn
Comprehensive Loss -46bn
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#15150 Posted : Tuesday, March 23, 2021 9:36:39 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
VituVingiSana wrote:
LAT -36bn
Comprehensive Loss -46bn


Luckily they suspended it from trading.
Otherwise share price will be trading at negative 1 or 2.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#15151 Posted : Tuesday, March 23, 2021 10:09:35 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
@Obiero - Kusalimia tu!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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HaMaina
#15152 Posted : Tuesday, March 23, 2021 11:41:24 AM
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Joined: 4/23/2014
Posts: 909
KQ reports Ksh.36.2B loss, the largest in Kenya’s corporate history
“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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Ebenyo
#15153 Posted : Tuesday, March 23, 2021 1:03:09 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
HaMaina wrote:
KQ reports Ksh.36.2B loss, the largest in Kenya’s corporate history


So this is what they want to spend taxpayers money on nationalisation? Let it die and start a new one.
Towards the goal of financial freedom
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HaMaina
#15154 Posted : Tuesday, March 23, 2021 2:33:21 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
Ebenyo wrote:
HaMaina wrote:
KQ reports Ksh.36.2B loss, the largest in Kenya’s corporate history


So this is what they want to spend taxpayers money on nationalisation? Let it die and start a new one.


They might be causing a panic so that when they say they shall buy @ 3 - 5 bob, the shareholders take it as a favour from their " loving & caring " government. Shame on you Shame on you Shame on you Shame on you Shame on you
“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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Queen
#15155 Posted : Tuesday, March 23, 2021 2:54:38 PM
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Joined: 11/21/2018
Posts: 564
Location: Britain
C.A.R.C.A.S.S
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maka
#15156 Posted : Tuesday, March 23, 2021 11:34:52 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The first few months of the year already don't look promising ... Massive shrinkage of service on major routes ... Amsterdam, Paris and London... Doesn't look good at all.... On top that add the increase in fuel prices.... Disastrous.
possunt quia posse videntur
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maka
#15157 Posted : Tuesday, March 23, 2021 11:36:32 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
HaMaina wrote:
Ebenyo wrote:
HaMaina wrote:
KQ reports Ksh.36.2B loss, the largest in Kenya’s corporate history


So this is what they want to spend taxpayers money on nationalisation? Let it die and start a new one.


They might be causing a panic so that when they say they shall buy @ 3 - 5 bob, the shareholders take it as a favour from their " loving & caring " government. Shame on you Shame on you Shame on you Shame on you Shame on you


9 straight loss making years.... 9.

Well I don't know what else to say... Btw make it 10.. 2021 doesn't look promising at all....
possunt quia posse videntur
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HaMaina
#15158 Posted : Wednesday, March 24, 2021 9:06:52 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
MPs reject Uhuru headed team to oversight aviation

The hawks are waiting for the menu.Shame on you Shame on you Shame on you
“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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Impunity
#15159 Posted : Wednesday, March 24, 2021 11:11:49 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
maka wrote:
The first few months of the year already don't look promising ... Massive shrinkage of service on major routes ... Amsterdam, Paris and London... Doesn't look good at all.... On top that add the increase in fuel prices.... Disastrous.


I thought you took the VER money and left?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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kmucheke
#15160 Posted : Thursday, March 25, 2021 9:02:15 AM
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Joined: 3/16/2019
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