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Kenya Airways...why ignore..
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:  We are ready for the temporary losses. Soon we shall reach the desired place @maka @spikes @aguy @afroblk @muganda.. People have a new profession in bashing KQ, but they dont bother to tell you operating loss went down by KES 8.3B and that the loss before income tax actually narrowed marginally prior to consideration of the tax expense, noting last year KRA gave in a huge tax credit of backdated sums.. A trying period, but all is not lost. The writing is on the wall.. The figures tell a story. The story that KQ will be in trouble for a long long time. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,267 Location: nairobi
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sparkly wrote:obiero wrote:We are ready for the temporary losses. Soon we shall reach the desired place @maka @spikes @aguy @afroblk @muganda.. People have a new profession in bashing KQ, but they dont bother to tell you operating loss went down by KES 8.3B and that the loss before income tax actually narrowed marginally prior to consideration of the tax expense, noting last year KRA gave in a huge tax credit of backdated sums.. A trying period, but all is not lost. The writing is on the wall.. The figures tell a story. The story that KQ will be in trouble for a long long time. Let us review in exactly five months, I have reason to believe the worst is behind us. Todays top gainer?? COOP, IMH, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,363 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:We are ready for the temporary losses. Soon we shall reach the desired place @maka @spikes @aguy @afroblk @muganda.. People have a new profession in bashing KQ, but they dont bother to tell you operating loss went down by KES 8.3B and that the loss before income tax actually narrowed marginally prior to consideration of the tax expense, noting last year KRA gave in a huge tax credit of backdated sums.. A trying period, but all is not lost. The writing is on the wall.. Warren Buffett's rules for investing: 1) Do not lose money. 2) Follow Rule #1 Yes, you are right. The writing is on the wall. B-A-N-K-R-U-P-T-C-Y ... 1. WALMART: Buffet USD 390M loss2. IBM: Buffet USD 500m loss3. TESCO: Buffet USD 750m lossCynthia Nyamai cannot warrant my attention. She is part of the crew that laid siege at KQ, with Naikuni.. www.kenyanbachelor.blogs...ge-her-cheating.html?m=1  I have no idea about any dalliances pale KQ lakini losses I know about! Ahem, Warren Buffett runs a firm with a POSITIVE Shareholders' Equity. And his firm makes a profit unlike KQ. And has made profits for the past 3 years unlike KQ. And Berkshire is expected to make a profit this year too unlike you-know-who.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,267 Location: nairobi
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the dust shall settle upon full year results.. people like @vvs should read on how Sunil Shah made it to billionaire status.. buy when there is fear. never move with the crowd. thats the key to success, not quail like frenzy.. look at a gem while still covered in mud and realise the beauty underneath. KQ will make me rich, just waiting for a few more signals COOP, IMH, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,815 Location: NAIROBI
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@Obiero Warren Buffet says be careful investing in a firm that has a huge debt portfolio and making losses. How will it pay the debts it owes and with negative equity. KCB can't be compared to KQ because KCB when Sunil Shah was buying had no debts;just making losses yet it had potential. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,363 Location: Nairobi
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obiero wrote:the dust shall settle upon full year results.. people like @vvs should read on how Sunil Shah made it to billionaire status.. buy when there is fear. never move with the crowd. thats the key to success, not quail like frenzy.. look at a gem while still covered in mud and realise the beauty underneath. KQ will make me rich, just waiting for a few more signals Sunil Shah was the 'non-executive' director who pushed for the restructuring of KCB and was instrumental in its hiring choices as well as strategy. And he owned 10% [at one point] of KCB. Plus he was an experienced businessman. He made sure the old management was kicked out. 100% of them. Who is Alex Mbugua?Name me a single director, on KQ's board, whose calibre matches Sunil Shah?Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:the dust shall settle upon full year results.. people like @vvs should read on how Sunil Shah made it to billionaire status.. buy when there is fear. never move with the crowd. thats the key to success, not quail like frenzy.. look at a gem while still covered in mud and realise the beauty underneath. KQ will make me rich, just waiting for a few more signals If you belief in KQ so much, buy yourself a substantial holding. KES 5,000 worth of shares... That is Nyongo's lunch at Kempiski. You need to invest at least the equivalent of Vera Sidika's weave! Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,267 Location: nairobi
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VituVingiSana wrote:obiero wrote:the dust shall settle upon full year results.. people like @vvs should read on how Sunil Shah made it to billionaire status.. buy when there is fear. never move with the crowd. thats the key to success, not quail like frenzy.. look at a gem while still covered in mud and realise the beauty underneath. KQ will make me rich, just waiting for a few more signals Sunil Shah was the 'non-executive' director who pushed for the restructuring of KCB and was instrumental in its hiring choices as well as strategy. And he owned 10% [at one point] of KCB. Plus he was an experienced businessman. He made sure the old management was kicked out. 100% of them. Who is Alex Mbugua?Name me a single director, on KQ's board, whose calibre matches Sunil Shah? Pieter Elbers, Rague, Ogwapit, Wanjiku.. These are pedigree directors at KQ.. FYI, Sunil Shah has never held more than 2% of KCB issued shares @ericsson good knowledge of KCB there.. atleast you detest propaganda @sparkly I have more than 1m pending on the wings for KQ.. Come full year, I am bound to go in big COOP, IMH, KQ, MTNU
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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:We are ready for the temporary losses. Soon we shall reach the desired place @maka @spikes @aguy @afroblk @muganda.. People have a new profession in bashing KQ, but they dont bother to tell you operating loss went down by KES 8.3B and that the loss before income tax actually narrowed marginally prior to consideration of the tax expense, noting last year KRA gave in a huge tax credit of backdated sums.. A trying period, but all is not lost. The writing is on the wall.. The figures tell a story. The story that KQ will be in trouble for a long long time. Let us review in exactly five months, I have reason to believe the worst is behind us. Todays top gainer?? Problem with KQ is a very weak topline. The company needs to double the topline just to break even. I doubt if they are covering their fixed costs. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,815 Location: NAIROBI
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@Obiero VituVingiSana is right At one point Sunil Shah owned 10% of KCB shares split amongst the following; Him himself;shares held under his name Through a nominee account for United Millers that he used to invest in KCB. But he has been gradually reducing his stake and investing the money in putting up commercial complexes like United Mall in Kisumu Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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