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Kenya Airways...why ignore..
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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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,.. May be 6% is the basic...before additional cost,insurance risk,middlemen, brokers,SPVs etc...But Governament will take all that over and above charges and only require KQ to pay 6%, thats why its kind of called a ka-Bail out. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/23/2009 Posts: 14,238 Location: nairobi
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Impunity wrote: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,.. May be 6% is the basic...before additional cost,insurance risk,middlemen, brokers,SPVs etc...But Governament will take all that over and above charges and only require KQ to pay 6%, thats why its kind of called a ka-Bail out. Na sasa wewe kama umecancell buy order si utoe kwa portfolio..
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Impunity wrote: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,.. May be 6% is the basic...before additional cost,insurance risk,middlemen, brokers,SPVs etc...But Governament will take all that over and above charges and only require KQ to pay 6%, thats why its kind of called a ka-Bail out. Na sasa wewe kama umecancell buy order si utoe kwa portfolio.. @obiero sell KQ buy MSC imeshuka bei! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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obiero wrote:Impunity wrote: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,.. May be 6% is the basic...before additional cost,insurance risk,middlemen, brokers,SPVs etc...But Governament will take all that over and above charges and only require KQ to pay 6%, thats why its kind of called a ka-Bail out. Na sasa wewe kama umecancell buy order si utoe kwa portfolio.. Sawa captain. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Rank: Elder Joined: 6/23/2009 Posts: 14,238 Location: nairobi
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This is the silver bullet.. Tomorrow I seek the final word from inside, then load up..
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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obiero wrote:This is the silver bullet.. Tomorrow I seek the final word from inside, then load up.. look out for the mother of all strikes. no birds in the air. but after the dust settles and management beats the unions to a deal you won't be the only one loading up Start!
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Rank: Elder Joined: 6/21/2008 Posts: 2,490
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600 is a lot of people. Then they will recruit through the labour broker as they did during the last retrenchment!!! The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Metch wrote:obiero wrote:This is the silver bullet.. Tomorrow I seek the final word from inside, then load up.. look out for the mother of all strikes. no birds in the air. but after the dust settles and management beats the unions to a deal you won't be the only one loading up This won't end well..... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,238 Location: nairobi
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maka wrote:Metch wrote:obiero wrote:This is the silver bullet.. Tomorrow I seek the final word from inside, then load up.. look out for the mother of all strikes. no birds in the air. but after the dust settles and management beats the unions to a deal you won't be the only one loading up This won't end well..... It will end perfectly.. This time round, management shall handle it diligently. I have worked with Alban, I know him well
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