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Kenya Airways FY 2014 loss of 4.8bn!!!
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Kausha
#21 Posted : Wednesday, June 25, 2014 11:04:08 AM
Rank: Member

Joined: 2/8/2007
Posts: 808
Where is @obiero. His expectations for the results were phenomenoal even when pleaded with him to save his money for more worthwhile ventures. So when is the government bailout coming through. USD 1 billion Capex will mostly be debt which will need to be supported by equity.
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Mainat
#22 Posted : Wednesday, June 25, 2014 11:13:57 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
The new CEO announcement must have been brought forward to cover this garbage.
Titus would be in jail if it was South Korea...
Sehemu ndio nyumba
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mwekez@ji
#23 Posted : Wednesday, June 25, 2014 11:17:12 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
VituVingiSana wrote:
Sufficiently Philanga....thropic wrote:
stock.enigma wrote:
There is no demand in the market. Only 4900 shares

Nope. there's a 1M demand hapo at 5bob.
Check mine a bit later, will be 2M at 2.5bobsmile
Yes, there is demand of 1mn+ shares

And now plus ya $PpT 2M smile
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mlennyma
#24 Posted : Wednesday, June 25, 2014 11:30:01 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
This is when dogs bark and bats fly during daytime
"Don't let the fear of losing be greater than the excitement of winning."
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Sufficiently Philanga....thropic
#25 Posted : Wednesday, June 25, 2014 11:34:19 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mwekez@ji wrote:
VituVingiSana wrote:
Sufficiently Philanga....thropic wrote:
stock.enigma wrote:
There is no demand in the market. Only 4900 shares

Nope. there's a 1M demand hapo at 5bob.
Check mine a bit later, will be 2M at 2.5bobsmile
Yes, there is demand of 1mn+ shares

And now plus ya $PpT 2M smile

smile
@SufficientlyP
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mlennyma
#26 Posted : Wednesday, June 25, 2014 11:36:29 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
And all the debt in bonds,and all the tourists warning,and all export bans.i saw somebody like obiero in nairobi hospital
"Don't let the fear of losing be greater than the excitement of winning."
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Sufficiently Philanga....thropic
#27 Posted : Wednesday, June 25, 2014 11:52:52 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
@SufficientlyP
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muganda
#28 Posted : Wednesday, June 25, 2014 12:15:40 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Evidence of the crime http://ge.tt/7lCqX2m1/v/0 Just Ugly!
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maka
#29 Posted : Wednesday, June 25, 2014 12:43:38 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
ProverB wrote:
I still maintain Titus Naikuni ought to have been relieved of his duties as CEO in 2008! The first time it emerged that staff was blotted..overheads were largely employee related and passengers were being charged below cost of transit. It took him 5 years to admit operating margins were untenable. FIVE FREAKING YEARS!

What do you say to a CEO who during a managers strategy meeting tells them he hopes they have an exit plan...directly taken to translate be watchful of your future "tafuteni side hustle"
possunt quia posse videntur
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Akenyan2014
#30 Posted : Wednesday, June 25, 2014 1:53:14 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
maka wrote:
ProverB wrote:
I still maintain Titus Naikuni ought to have been relieved of his duties as CEO in 2008! The first time it emerged that staff was blotted..overheads were largely employee related and passengers were being charged below cost of transit. It took him 5 years to admit operating margins were untenable. FIVE FREAKING YEARS!

What do you say to a CEO who during a managers strategy meeting tells them he hopes they have an exit plan...directly taken to translate be watchful of your future "tafuteni side hustle"


Press have more optimistic and accomodating headlines than Wazua

http://www.businessdaily.../-/vwa9pbz/-/index.html
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