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Kenya Airways...why ignore..
Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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Kenyans should have no doubt that KQ is being Sold very cheaply. Mbuvi ngunze is million times worse than Naikun Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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VituVingiSana wrote:obiero wrote:@theexchangebar where its now been determined that KQ shall obtain a loss not exceeding KES 5.7B Why do people doubt @Obiero and KQ? A loss of KES 5.7bn is peanuts when compared to earlier losses of 22bn or was it 30bn? As long as KQ keeps on reducing losses, there is hope. Who needs profits? Look at its assets: Landing slots at Heathrow. Landing slots at Schipol. Landing slots at JKIA. If KQ sold off all its landing slots, it would be debt-free, which it may. I have faith in @Obiero's vision for KQ. More negative equity. It's literally costing an arm and a leg just to reduce losses never mind dig itself out of a debt spiral plus a working capital squeeze. Current management is following the path of least resistance so far,this plane needs an extremely excruciating BPR to even stand a chance of surviving. ION the negative equity camp is growing by the day, uchumi and mumias to keep kq company. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Hello Joined: 10/19/2012 Posts: 8
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Spikes wrote:http://mobile.nation.co.ke/news/Sale-of-prime-assets-may-sink-KQ-deeper-into-financial-hole/-/1950946/3103760/-/format/xhtml/-/oj6mx9/-/index.html
@obiero you are finished oooh! @obiero, I am also a minority shareholder of KQ, what can we do to mobilize other local individual shareholders so that we can have a voice in all this drama? We need a board seat!
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Rank: New-farer Joined: 4/12/2011 Posts: 26
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http://www.nation.co.ke/.../-/v43qjwz/-/index.html[url=http://www.nation.co.ke/news/Sale-of-prime-assets-may-sink-KQ-deeper-into-financial-hole/-/1056/3103760/-/v43qjwz/-/index.html]kq[/url]
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Rank: Elder Joined: 6/23/2009 Posts: 14,240 Location: nairobi
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Cde Monomotapa wrote:Spikes wrote:http://mobile.nation.co.ke/news/Sale-of-prime-assets-may-sink-KQ-deeper-into-financial-hole/-/1950946/3103760/-/format/xhtml/-/oj6mx9/-/index.html
@obiero you are finished oooh! GFF!!!!! Totally convinced that NMG is a listed yellow press!!!! Was the head of compliance poached too?? For free, there is bound to be more 'secrecy' and speculation in the 'closed period'. Will also be unleashing their Wazua inspired biz model.... Afro Sinema continues shortly... NMG has gone gutter on us.. Why wld the writter not expect cancellations on the summer bookings noting that the schedule changes take effect this month. Ofcourse by logic, all bookings will be cancelled and rescheduled. Further, 3,000 cancellations out of how many overal bookings?? 10,000, 15,000?? That writer is a bought one..
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Rank: Elder Joined: 6/23/2009 Posts: 14,240 Location: nairobi
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lochaz-index wrote:VituVingiSana wrote:obiero wrote:@theexchangebar where its now been determined that KQ shall obtain a loss not exceeding KES 5.7B Why do people doubt @Obiero and KQ? A loss of KES 5.7bn is peanuts when compared to earlier losses of 22bn or was it 30bn? As long as KQ keeps on reducing losses, there is hope. Who needs profits? Look at its assets: Landing slots at Heathrow. Landing slots at Schipol. Landing slots at JKIA. If KQ sold off all its landing slots, it would be debt-free, which it may. I have faith in @Obiero's vision for KQ. More negative equity. It's literally costing an arm and a leg just to reduce losses never mind dig itself out of a debt spiral plus a working capital squeeze. Current management is following the path of least resistance so far,this plane needs an extremely excruciating BPR to even stand a chance of surviving. ION the negative equity camp is growing by the day, uchumi and mumias to keep kq company. Kenyans are armchair analysts who wouldnt know what to do in running a firm from loss to profit position. @vvs keeps yapping about wrong decisions by Ngunze but what would @vvs do incase he was the captain.. I bet you @vvs cannot raise 3 solid ideas to plug the losses
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Cde Monomotapa wrote:Spikes wrote:http://mobile.nation.co.ke/news/Sale-of-prime-assets-may-sink-KQ-deeper-into-financial-hole/-/1950946/3103760/-/format/xhtml/-/oj6mx9/-/index.html
@obiero you are finished oooh! GFF!!!!! Totally convinced that NMG is a listed yellow press!!!! Was the head of compliance poached too?? For free, there is bound to be more 'secrecy' and speculation in the 'closed period'. Will also be unleashing their Wazua inspired biz model.... Afro Sinema continues shortly... NMG has gone gutter on us.. Why wld the writter not expect cancellations on the summer bookings noting that the schedule changes take effect this month. Ofcourse by logic, all bookings will be cancelled and rescheduled. Further, 3,000 cancellations out of how many overal bookings?? 10,000, 15,000?? That writer is a bought one.. The scribe is helping you out of the mess. He is competently resonating the alarm of immediate exit to avoid being munched beyond recognition by hawkish speculators . Inakufaa ushukuru ! Tena sana. On Monday will you pullout as KQ asset sale saga deepens? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,356 Location: Nairobi
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obiero wrote:Cde Monomotapa wrote:Spikes wrote:http://mobile.nation.co.ke/news/Sale-of-prime-assets-may-sink-KQ-deeper-into-financial-hole/-/1950946/3103760/-/format/xhtml/-/oj6mx9/-/index.html
@obiero you are finished oooh! GFF!!!!! Totally convinced that NMG is a listed yellow press!!!! Was the head of compliance poached too?? For free, there is bound to be more 'secrecy' and speculation in the 'closed period'. Will also be unleashing their Wazua inspired biz model.... Afro Sinema continues shortly... NMG has gone gutter on us.. Why wld the writter not expect cancellations on the summer bookings noting that the schedule changes take effect this month. Ofcourse by logic, all bookings will be cancelled and rescheduled. Further, 3,000 cancellations out of how many overal bookings?? 10,000, 15,000?? That writer is a bought one.. Kabisa! What does the writer think? Does he think that travelers book flights based on schedules? They don't care about schedules as long as they fly on KQ be it night or day. Which traveler doesn't mind spending a day of their vacation in a plane, in a daytime flight, instead of the beach? What is 3,000 cancelations out of 10,000? Only 30% which means 7,000 are still OK. Like @Obiero I am very disappointed in the Power of Darkness that want to bring down KQ. Washindwe! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,356 Location: Nairobi
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obiero wrote:lochaz-index wrote:VituVingiSana wrote:obiero wrote:@theexchangebar where its now been determined that KQ shall obtain a loss not exceeding KES 5.7B Why do people doubt @Obiero and KQ? A loss of KES 5.7bn is peanuts when compared to earlier losses of 22bn or was it 30bn? As long as KQ keeps on reducing losses, there is hope. Who needs profits? Look at its assets: Landing slots at Heathrow. Landing slots at Schipol. Landing slots at JKIA. If KQ sold off all its landing slots, it would be debt-free, which it may. I have faith in @Obiero's vision for KQ. More negative equity. It's literally costing an arm and a leg just to reduce losses never mind dig itself out of a debt spiral plus a working capital squeeze. Current management is following the path of least resistance so far,this plane needs an extremely excruciating BPR to even stand a chance of surviving. ION the negative equity camp is growing by the day, uchumi and mumias to keep kq company. Kenyans are armchair analysts who wouldnt know what to do in running a firm from loss to profit position. @vvs keeps yapping about wrong decisions by Ngunze but what would @vvs do incase he was the captain.. I bet you @vvs cannot raise 3 solid ideas to plug the losses @Obiero - You are right! I cannot raise 3 solid ideas to help KQ's liquidity. After all, I have been a critic for 4 years of KQ. I have been proven wrong by the soaring heights KQ has reached. New planes. Fewer destinations. Fewer passengers. Losses. Since I have been wrong for 4 years, I shall join the bandwagon of support with @Obiero and @Cde. I shall endeavor to sell my shares in (very) profitable KK and buy shares in (very) unprofitable KQ. Why? Because I beLIEve. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Kenya Airways...why ignore..
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