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Kenya Airways...why ignore..
Cde Monomotapa
#3501 Posted : Monday, February 15, 2016 5:29:42 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
For example. [Un-mediarised version]

Kenya Airways Appoints PJT Partners as Transaction Advisor

Kenya Airways·Monday, February 15, 2016

Press Statement

Quote:
Nairobi, February 15, 2015… Kenya Airways has appointed PJT Partners as the airline’s transaction advisor on its balance sheet restructure and long term capital refinancing which is part of its turnaround strategy.

https://www.facebook.com...dvisor/10153935562146703
Cde Monomotapa
#3502 Posted : Monday, February 15, 2016 6:21:59 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
[quote=Cde Monomotapa]For example. [Un-mediarised version]

Kenya Airways Appoints PJT Partners as Transaction Advisor

Kenya Airways·Monday, February 15, 2016

Press Statement

Quote:
Nairobi, February 15, 2015… Kenya Airways has appointed PJT Partners as the airline’s transaction advisor on its balance sheet restructure and long term capital refinancing which is part of its turnaround strategy.

https://www.facebook.com...visor/10153935562146703[/quote]

As a multi-currency earner & the Ag for Khat substitution to make the flying SDR, this will be great to go too! Make some global noise for the NSE.

[quote] AirAsia Bhd's unit AirAsia Global Notes Ltd has established a US$1 billion (RM4.31 billion) multicurrency medium term note programme."Under the programme, the company may, from time to time issue notes in series or tranches denominated in US dollars or any other currency as may be agreed to between the company, AirAsia and the relevant dealer," it said. [quote] - See more at: http://www.themalaysiani...me#sthash.xRKVbyFR.dpuf
Impunity
#3503 Posted : Monday, February 15, 2016 9:49:27 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
[quote=Cde Monomotapa]For example. [Un-mediarised version]

Kenya Airways Appoints PJT Partners as Transaction Advisor

Kenya Airways·Monday, February 15, 2016

Press Statement

Quote:
Nairobi, February 15, 2015… Kenya Airways has appointed PJT Partners as the airline’s transaction advisor on its balance sheet restructure and long term capital refinancing which is part of its turnaround strategy.

https://www.facebook.com...visor/10153935562146703[/quote]

2015?!?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

sparkly
#3504 Posted : Tuesday, February 16, 2016 7:07:41 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
All these consultancies?? Doesn't KQ have Finance executives? What are they paid to do?
Life is short. Live passionately.
Cde Monomotapa
#3505 Posted : Tuesday, February 16, 2016 7:26:59 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
sparkly wrote:
All these consultancies?? Doesn't KQ have Finance executives? What are they paid to do?


Is that a suggestion that KQ goes into corporate finance and investment banking? Maybe in the future a aviation finance company would be a better fit.
maka
#3506 Posted : Tuesday, February 16, 2016 7:29:26 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
sparkly wrote:
All these consultancies?? Doesn't KQ have Finance executives? What are they paid to do?


Paid to earn 150k on mileage allowance and pretend they are cost cutting...this is just madness...
possunt quia posse videntur
Cde Monomotapa
#3507 Posted : Tuesday, February 16, 2016 7:34:17 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
sparkly wrote:
All these consultancies?? Doesn't KQ have Finance executives? What are they paid to do?


Is that a suggestion that KQ goes into corporate finance and investment banking? Maybe in the future a aviation finance company would be a better fit.


Moreover, the numbers involved are better raised internationally. Later it could be possible in a country whose savings & investment rate requires great improvement.
Gatheuzi
#3508 Posted : Tuesday, February 16, 2016 7:35:24 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
sparkly wrote:
All these consultancies?? Doesn't KQ have Finance executives? What are they paid to do?

Hiring consultants ensures the following:
1) Buck stopping in case things go haywire in future.
2) Adds more credibility since the so so called experts can be taken seriously by prospective financiers.
3) Finally, and hope this is not the case; it is an avenue for tenderpreneurship.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
VituVingiSana
#3509 Posted : Tuesday, February 16, 2016 8:26:38 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Everybody but the shareholders have made money off KQ.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Spikes
#3510 Posted : Tuesday, February 16, 2016 9:00:38 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
VituVingiSana wrote:
Everybody but the shareholders have made money off KQ.


Absolute nonsense! Approved greed! Outright mediocrity!

Ooooh! We have hired American consultancy firms. PJT partners a Morgan Chase offshoot & Mckinsey and Seabury to hoodwink Wanjiko about the turnaround. This is purely scandal within a scam where deal brokers will receive goodies in terms of kickbacks to hasten the process. What is the role of CFO's office? Why are finance directors still on payroll when KQ outsources consultancy services?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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