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Kenya Airways...why ignore..
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Kausha wrote:More long term loans and more negative NAV. KQ will take more than 3 years to return to operating profit. Ngunze said in 2018, they will be making profit; even 1 shilling is a profit If Obiero did it, Who Am I?
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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[quote=Cde Monomotapa]@spikes play in the sand pit please. Here is some homework for you. 6 in 10 graduates have no employability skills – Report http://www.capitalfm.co....yability-skills-report/[/quote] That is how you end up being brainwashed by researches done by ungodly people who have no basis of biblical teachings. You don't haffi to be employed by anybody to be successful! People prosper through talent and uniqueness shunned by the very employers you blindly glorify. Change your way of thinking. Don't take everything authored by researchers as the gospel truth. No wonder we have billionaires in Kenya with little education but abundance of investment skills which they borrow from you academicians toiling under them. And work on tight schedules on peanuts. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,238 Location: nairobi
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Impunity wrote:obiero wrote:Spikes wrote:obiero wrote:in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL As for the money KQ got from government as bailout is a misnomer. This is a loan. @obiero don't hide behind political gimmicks. Huge finance costs will smoke you out. It is a matter of time value of money! Whats the rate on the loan?? I overheard in a pub,6%. Seems like a good rate
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Impunity wrote:obiero wrote:Spikes wrote:obiero wrote:in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL As for the money KQ got from government as bailout is a misnomer. This is a loan. @obiero don't hide behind political gimmicks. Huge finance costs will smoke you out. It is a matter of time value of money! Whats the rate on the loan?? I overheard in a pub,6%. Seems like a good rate Under this tough interest rate regime 6% is favourable. 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: 18,354 Location: Nairobi
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GoK borrows long-term money at 14% and then on-lends it at 6%? That's how countries default. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Spikes wrote:obiero wrote:Impunity wrote:obiero wrote:Spikes wrote:obiero wrote:in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL As for the money KQ got from government as bailout is a misnomer. This is a loan. @obiero don't hide behind political gimmicks. Huge finance costs will smoke you out. It is a matter of time value of money! Whats the rate on the loan?? I overheard in a pub,6%. Seems like a good rate Under this tough interest rate regime 6% is favourable. Real interest rate reflects inflation forex losses, exchange undercuts and all lots of things there. Hii sio member inakopesha kq bana. My fair bet is over 12% in the longrun. Let's call a spade a spade n not big spoon. Another Arm, etc in the making n the cycle continues. Anyway just added 3yrs to my 13yrs to get 16yrs plus. R we through with restructuring yet? N then reconsulting.  @ spikes its good to dare n dream. 2bob was a fair guess by any metrics. Where is mumias after 1bsh injection,.. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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muandiwambeu wrote:Spikes wrote:obiero wrote:Impunity wrote:obiero wrote:Spikes wrote:obiero wrote:in accounting as per IFRS, how will the afriexim and government bailout be treated in the financials.. will it only affect the balance sheet and cashflow or even PL As for the money KQ got from government as bailout is a misnomer. This is a loan. @obiero don't hide behind political gimmicks. Huge finance costs will smoke you out. It is a matter of time value of money! Whats the rate on the loan?? I overheard in a pub,6%. Seems like a good rate Under this tough interest rate regime 6% is favourable. Real interest rate reflects inflation forex losses, exchange undercuts and all lots of things there. Hii sio member inakopesha kq bana. My fair bet is over 12% in the longrun. Let's call a spade a spade n not big spoon. Another Arm, etc in the making n the cycle continues. Anyway just added 3yrs to my 13yrs to get 16yrs plus. R we through with restructuring yet? N then reconsulting.  @ spikes its good to dare n dream. 2bob was a fair guess by any metrics. Where is mumias after 1bsh injection,.. o And imagine Mumias got a real bailout of 500m+500m+1B=2B KES . It sinks deeper into losses year after year! It is a wake up call!!! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:The video, here a written summary of Transformation initiatives thus far. KQ eyeing narrow loss via low fuel costs and savings http://www.standardmedia...-fuel-costs-and-savings
(Debt) Finance in any other name is finance. Bailout, shareholder loan, bridge loan whatever. Water is water and from Afreximbank (since we'd have liquidate NSSF to fund KQ - save, invest more) comes at better rate & tenor than commercial banks. That's sufficient funding to see KQ through financial capital restructuring culminating in a most probable buy-in. Stay tuned. Another well written piece. Consistency* KQ banks on flight changes to fly into profitability http://www.nation.co.ke/...8/-/bbg2rgz/-/index.html
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Cde Monomotapa wrote:[quote=Cde Monomotapa] The video, here a written summary of Transformation initiatives thus far. KQ eyeing narrow loss via low fuel costs and savings http://www.standardmedia...-fuel-costs-and-savings
(Debt) Finance in any other name is finance. Bailout, shareholder loan, bridge loan whatever. Water is water and from Afreximbank (since we'd have liquidate NSSF to fund KQ - save, invest more) comes at better rate & tenor than commercial banks. That's sufficient funding to see KQ through financial capital restructuring culminating in a most probable buy-in. Stay tuned. Another well written piece. Consistency* KQ banks on flight changes to fly into profitability http://www.nation.co.ke/.../-/bbg2rgz/-/index.html[/quote] You talk of low fuel cost as Nguze emphasises on hedges in place widening expenses instead of cutting them. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,238 Location: nairobi
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Spikes wrote:Cde Monomotapa wrote:[quote=Cde Monomotapa] The video, here a written summary of Transformation initiatives thus far. KQ eyeing narrow loss via low fuel costs and savings http://www.standardmedia...-fuel-costs-and-savings
(Debt) Finance in any other name is finance. Bailout, shareholder loan, bridge loan whatever. Water is water and from Afreximbank (since we'd have liquidate NSSF to fund KQ - save, invest more) comes at better rate & tenor than commercial banks. That's sufficient funding to see KQ through financial capital restructuring culminating in a most probable buy-in. Stay tuned. Another well written piece. Consistency* KQ banks on flight changes to fly into profitability http://www.nation.co.ke/.../-/bbg2rgz/-/index.html[/quote] You talk of low fuel cost as Nguze emphasises on hedges in place widening expenses instead of cutting them. Current fleet is more fuel efficient hence utilises less litres per trip even at same hedged prices.. Hii inahitaji explanation kweli??
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