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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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sparkly wrote:sparkly wrote:obiero wrote:the first of five 737 800 is on its way to the motherland.. when the inevitable profit turnaround comes soon, most wazuans will be left wondering.. The airline business makes money for everyone else except the shareholder. Money for the plane manufacturers, financiers/lessors, oil companies, pilots and executives but nothing left for the shareholders. As optimistic as I am for KQ and its newer fleet, I Know that operating and financing costs will go up exponentially, offsetting increase in revenues and savings in maintenance. @Obiero, let me remind of this 8 year old quote. Achana na KQ. Thanks bro but im in too deep! Let me leave this here https://www.businessdail...-pandemic-levels-3687146
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:sparkly wrote:sparkly wrote:obiero wrote:the first of five 737 800 is on its way to the motherland.. when the inevitable profit turnaround comes soon, most wazuans will be left wondering.. The airline business makes money for everyone else except the shareholder. Money for the plane manufacturers, financiers/lessors, oil companies, pilots and executives but nothing left for the shareholders. As optimistic as I am for KQ and its newer fleet, I Know that operating and financing costs will go up exponentially, offsetting increase in revenues and savings in maintenance. @Obiero, let me remind of this 8 year old quote. Achana na KQ. Thanks bro but im in too deep! Let me leave this here https://www.businessdail...pandemic-levels-3687146 Tourists are also flying other airlines eg Qatar, etc. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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National Assembly majority leader Amos Kimunya has withdrawn the National Aviation Management Bill as he seeks more time to consult with stakeholders Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/16/2019 Posts: 313
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Kenya Airways to stop transporting monkeys Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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kmucheke wrote:Kenya Airways to stop transporting monkeys Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February. A monkey transporting monkeys π π Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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sparkly wrote:kmucheke wrote:Kenya Airways to stop transporting monkeys Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February. A monkey transporting monkeys π π The gift that keeps on giving. Sponsor manenos. KES 26B ndani.. https://www.the-star.co....ry-sh126bn-extra-budget/
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........
Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc.
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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My 2 cents wrote:........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........
Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc. Very true. But we canβt walk from Nairobi to Toronto
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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obiero wrote:My 2 cents wrote:........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........
Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc. Very true. But we canβt walk from Nairobi to Toronto No we can't. But investors are best advised to pick stocks that allow for good sleep and capital preservation. We have easy pickings on the bourse. Just buy a well managed bank and go back to sleep.
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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My 2 cents wrote:obiero wrote:My 2 cents wrote:........The government recently ditched the plan to nationalise the carrier, having also announced pursuing an alliance with South African Airways which is similarly heavily indebted.........
Airlines are generally a very bad business. Affected by so many issues;
- very heavy capex requirements
- Intense competition from international carriers some like Emirates and Qatar which are heavily subsidised by oil rich nations
- Affected heavily by risks such as terrorism, pandemics
- Adversely affected by negative forex moves because of high price of oil
- Strong unions always threatening to strike etc.etc. Very true. But we canβt walk from Nairobi to Toronto No we can't. But investors are best advised to pick stocks that allow for good sleep and capital preservation. We have easy pickings on the bourse. Just buy a well managed bank and go back to sleep. Not a bank, but ARM comes to mind.. KQ is being heavily resuscitated and if it comes back to life, the share appreciation shall be immense. It simply depends on ones risk appetite
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 6/6/2016 Posts: 165 Location: Nairobi
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not you again fella with this hopium :D
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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snifadog wrote:not you again fella with this hopium :D Itβs me again Jah Jah :)
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:[quote=kmucheke] Kenya Airways to stop transporting monkeys Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February. A monkey transporting monkeys π π The gift that keeps on giving. Sponsor manenos. KES 26B ndani.. https://www.the-star.co....y-sh126bn-extra-budget/[/quote] The 26B is a loan from GOK, will dilute minority shareholders further. The funds will be swallowed up by creditors and financiers repayments. Nothing to celebrate by minority shareholders until the company starts generating returns for equity holders. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:[quote=kmucheke] Kenya Airways to stop transporting monkeys Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February. A monkey transporting monkeys π π The gift that keeps on giving. Sponsor manenos. KES 26B ndani.. https://www.the-star.co....y-sh126bn-extra-budget/[/quote] The 26B is a loan from GOK, will dilute minority shareholders further. The funds will be swallowed up by creditors and financiers repayments. Nothing to celebrate by minority shareholders until the company starts generating returns for equity holders. Milan frequency starts in June 2022.. Lots of good things happening at KQ. Nothing like dilution, only increased value of the entity
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:[quote=kmucheke] Kenya Airways to stop transporting monkeys Kenya Airways chairman Michael Joseph confirmed to Business Daily on Monday that the airline will cease airlifting the primates and other wild animals used in scientific research as soon as the contract expires at the end of February. A monkey transporting monkeys π π The gift that keeps on giving. Sponsor manenos. KES 26B ndani.. https://www.the-star.co....y-sh126bn-extra-budget/[/quote] The 26B is a loan from GOK, will dilute minority shareholders further. The funds will be swallowed up by creditors and financiers repayments. Nothing to celebrate by minority shareholders until the company starts generating returns for equity holders. Milan frequency starts in June 2022.. Lots of good things happening at KQ. Nothing like dilution, only increased value of the entity Obiero: Pesa ni yangu, shughulika ya yako... [YOUTUBE]https://youtu.be/1VvpDe2W7RU[/YOUTUBE] Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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Onwards and upwards https://www.businessdail...th-this-year-ceo-3717382
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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[quote=obiero]Onwards and upwards https://www.businessdail...h-this-year-ceo-3717382[/quote] Isnt this expected coming out of a pandemic? Nothing to see here. All business will report the same this year.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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