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Kenya Airways...why ignore..
ArrestedDev
#12701 Posted : Monday, May 27, 2019 4:52:22 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
VituVingiSana wrote:
maka wrote:
obiero wrote:
maka wrote:
obiero wrote:
maka wrote:
obiero wrote:
maka wrote:


smile I still stand with my opinion that Sebastian wont stay for long sorry to say this but this NY flights will be the beginning of the end.

Shindwe!



Came to pass.... smile

Maybe I can lobby for you to become CEO.. Ndio uwache kupoteza bags za passangers


Make it to the AGM like a serious shareholder and ask the pertinent questions otherwise KQ will have another Sebastian come January next year....

KQ is not Sebastian nor Michael Joseph. KQ is the culture of the staff, the pilots who call in sick after binge drinking at 1824, cabin crew untouchables of high society who sneer at clients, procurement staff who pilfer, baggage handlers who steal perfumes and belts, engineers who down tools in high season.. Sebastian failed to break the culture, though just like Ngunze before him, I wish him well


Yada Yada Yada.... I wonder why you would buy shares in such a company if you know it has so many problems from the employees...

There are so many people who would be disappointed with your statement(s)...

Cheers...


Yaani, you don't even support the Kenyan brewer? d'oh! Shame on you Sad


I do.... Whitecaps.... 😊

@rwitre It will be very ok... Let them have a proper interview process... Let the best person get the job... Sebastian wasn't it... Btw if I ask what was his strategy what would you tell me?

He never inspired confidence....



Thanks @maka for highlighting the disconnect between the fat guy and the KQ managers.


Confirm when the polish consultants and the KLM directors are leaving for good.
maka
#12702 Posted : Monday, May 27, 2019 7:04:52 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Jibabe wrote:
https://www.linkedin.com/feed/update/urn:li:activity:6538103457151234048


Look at the only reply on that thread....
possunt quia posse videntur
ArrestedDev
#12703 Posted : Tuesday, May 28, 2019 1:39:55 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
Jibabe wrote:
https://www.linkedin.com/feed/update/urn:li:activity:6538103457151234048


Look at the only reply on that thread....


Omondi’s reply. Don’t agree with it to a large extent. Under his tenure in Commercial, he was not able to move some things as earlier said herein. The operating profit under Ngunze was largely due to sale of assets, downsizing by even leasing out the most efficient planes in the planet which the fat guy reversed.

Have the consultants and the KLM stooges left? Very interested in this as the move will make a very significant impact to the bottom line. Thanks again to KALPA for highlighting this at the parliamentary hearing and following up with a strong worded letter to Mikosz.

obiero
#12704 Posted : Tuesday, May 28, 2019 5:45:21 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
ArrestedDev wrote:
maka wrote:
Jibabe wrote:
https://www.linkedin.com/feed/update/urn:li:activity:6538103457151234048


Look at the only reply on that thread....


Omondi’s reply. Don’t agree with it to a large extent. Under his tenure in Commercial, he was not able to move some things as earlier said herein. The operating profit under Ngunze was largely due to sale of assets, downsizing by even leasing out the most efficient planes in the planet which the fat guy reversed.

Have the consultants and the KLM stooges left? Very interested in this as the move will make a very significant impact to the bottom line. Thanks again to KALPA for highlighting this at the parliamentary hearing and following up with a strong worded letter to Mikosz.


Even the next CEO will have it rough.. KAWU and KALPA are blood thirsty for the heads of its leaders

KQ ABP 4.26
littledove
#12705 Posted : Tuesday, May 28, 2019 12:31:53 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky

an interesting read

https://www.thecitizen.co.tz/news/1840340-5132262-8pxqm0/index.html
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Jibabe
#12706 Posted : Tuesday, May 28, 2019 3:47:32 PM
Rank: Member

Joined: 6/25/2009
Posts: 41



This was on Sunday Nation of 26th
Ericsson
#12707 Posted : Tuesday, May 28, 2019 7:24:08 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
AG,ROTICH present KQ takeover plan.
Attorney General Paul Kariuki Kihara and two ministers are this morning expected to present the plans to nationalise the National carrier as recommended by the National Assembly's Transport Committee.
The input of Cabinet Secretaries Henry Rotich(Treasury) and James Macharia (Transport) and the legal opinion of the AG will form part of the report to be tabled in the House when lawmakers resume sittings next week.
The ministers were told by the David Pkosing led committee to come up with ways of settling Kenya Airways debts.
Mr Rotich was told to start talks with the banks that the parastatal owes money.
The AG was asked to check parts of the constitution that would be affected by the creation of a new parastatal and advise the committee appropriately.
Kenya airways owes CBA group sh.3.1bn,NIC bank sh.2.1billion, Equity bank (sh.5.2 billion), Cooperative bank (sh.3.3 billion), DTB (sh.2.1 billion), KCB Group (sh.2.1 billion).
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#12708 Posted : Tuesday, May 28, 2019 8:33:34 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
FUNKY wrote:
sparkly wrote:
obiero wrote:
KQ seeks nod to fly into Homa Bay, Lokkichogio and Maasai Mara



Really? those are airstrips. KQ does not have small planes that can operate from those airstrips.


They can use jambojet


ALS...
possunt quia posse videntur
FUNKY
#12709 Posted : Tuesday, May 28, 2019 8:57:59 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Ericsson wrote:
AG,ROTICH present KQ takeover plan.
Attorney General Paul Kariuki Kihara and two ministers are this morning expected to present the plans to nationalise the National carrier as recommended by the National Assembly's Transport Committee.
The input of Cabinet Secretaries Henry Rotich(Treasury) and James Macharia (Transport) and the legal opinion of the AG will form part of the report to be tabled in the House when lawmakers resume sittings next week.
The ministers were told by the David Pkosing led committee to come up with ways of settling Kenya Airways debts.
Mr Rotich was told to start talks with the banks that the parastatal owes money.
The AG was asked to check parts of the constitution that would be affected by the creation of a new parastatal and advise the committee appropriately.
Kenya airways owes CBA group sh.3.1bn,NIC bank sh.2.1billion, Equity bank (sh.5.2 billion), Cooperative bank (sh.3.3 billion), DTB (sh.2.1 billion), KCB Group (sh.2.1 billion).


What will happen to the minority shareholders?
VituVingiSana
#12710 Posted : Tuesday, May 28, 2019 11:27:10 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Ericsson wrote:
AG,ROTICH present KQ takeover plan.
Attorney General Paul Kariuki Kihara and two ministers are this morning expected to present the plans to nationalise the National carrier as recommended by the National Assembly's Transport Committee.
The input of Cabinet Secretaries Henry Rotich(Treasury) and James Macharia (Transport) and the legal opinion of the AG will form part of the report to be tabled in the House when lawmakers resume sittings next week.
The ministers were told by the David Pkosing led committee to come up with ways of settling Kenya Airways debts.
Mr Rotich was told to start talks with the banks that the parastatal owes money.
The AG was asked to check parts of the constitution that would be affected by the creation of a new parastatal and advise the committee appropriately.
Kenya airways owes CBA group sh.3.1bn,NIC bank sh.2.1billion, Equity bank (sh.5.2 billion), Cooperative bank (sh.3.3 billion), DTB (sh.2.1 billion), KCB Group (sh.2.1 billion).
In some form or fashion, KQ will get JKIA or a bailout.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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