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Kenya Airways...why ignore..
Swenani
#3831 Posted : Monday, March 28, 2016 1:39:48 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
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?
Spikes
#3832 Posted : Monday, March 28, 2016 2:38:18 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
[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.”
obiero
#3833 Posted : Monday, March 28, 2016 2:52:14 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,238
Location: nairobi
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

Spikes
#3834 Posted : Monday, March 28, 2016 3:04:42 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
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.”
VituVingiSana
#3835 Posted : Monday, March 28, 2016 11:26:46 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
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
muandiwambeu
#3836 Posted : Tuesday, March 29, 2016 12:17:07 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
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.Sad Sad Sad @ 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;....
Spikes
#3837 Posted : Tuesday, March 29, 2016 5:19:58 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
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.Sad Sad Sad @ 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.”
Cde Monomotapa
#3838 Posted : Tuesday, March 29, 2016 6:51:36 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
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
Spikes
#3839 Posted : Tuesday, March 29, 2016 7:34:39 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
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.”
obiero
#3840 Posted : Tuesday, March 29, 2016 7:41:47 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,238
Location: nairobi
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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