Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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obiero wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:obiero wrote: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  Approaching take off 737 MAX with MCAS!  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?  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. 5B will help no one It may help minority shareholders,it's more than what is required to buy them out. GoK needs to pay off the banks first who were coerced into the Debt:Equity exchange. Gok is short of cash to nationalize kq That’s a personal opinion. Stating GoK lacks 42B is shocking 42bn is for other priority needs Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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