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Kenya Airways...why ignore..
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Spikes
#5191 Posted : Thursday, August 04, 2016 9:45:54 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
maka wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
British Airways Kenya route expansion on despite Brexit vote...

http://www.businessdaily...28060-lemxx2/index.html

"...adding 784 seats a week on the route."

A testament to the vibrancy of air travel in Kenya.. Of course other airlines would have taken up the former morning arrival space, KQ opted out in full knowledge



Which full knowledge? Everybody is making money in KQ except you @obiero. Those involved in selling landing slots received kickbacks as @obiero is up in arms defending them furiously!

How sure are you that I did not receive the kicks too


44%

lol.. thats soo scientific @maka. I wonder if CMA or NIS are on my trail. By the way what is your take on the newly revised Malindi *17 and Lamu *14 weekly.. Focus on local routes and Africa is the lifeline for KQ



@obiero even the weakest student in Math can tell us it is not yet time to accumulate KQ shares. Wasting time and resources by including KQ in a robust portfolio.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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majimaji
#5192 Posted : Thursday, August 04, 2016 9:57:38 AM
Rank: Veteran

Joined: 4/4/2007
Posts: 1,162

How is it that an insolvent company KQ is still listed and trading?
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obiero
#5193 Posted : Thursday, August 04, 2016 9:58:20 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
Spikes wrote:
obiero wrote:
maka wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
British Airways Kenya route expansion on despite Brexit vote...

http://www.businessdaily...28060-lemxx2/index.html

"...adding 784 seats a week on the route."

A testament to the vibrancy of air travel in Kenya.. Of course other airlines would have taken up the former morning arrival space, KQ opted out in full knowledge



Which full knowledge? Everybody is making money in KQ except you @obiero. Those involved in selling landing slots received kickbacks as @obiero is up in arms defending them furiously!

How sure are you that I did not receive the kicks too


44%

lol.. thats soo scientific @maka. I wonder if CMA or NIS are on my trail. By the way what is your take on the newly revised Malindi *17 and Lamu *14 weekly.. Focus on local routes and Africa is the lifeline for KQ



@obiero even the weakest student in Math can tell us it is not yet time to accumulate KQ shares. Wasting time and resources by including KQ in a robust portfolio.

Agreed. So when is the best time?? Probably by H1 when it starts rising??
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ArrestedDev
#5194 Posted : Thursday, August 04, 2016 10:37:44 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.
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obiero
#5195 Posted : Thursday, August 04, 2016 10:44:55 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.

National interests
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Spikes
#5196 Posted : Thursday, August 04, 2016 10:46:58 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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  | | Edit by user: Thursday, August 04, 2016 10:50 AM | Reason: Not specified
ArrestedDev
#5197 Posted : Thursday, August 04, 2016 11:44:34 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
Spikes wrote:
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.


Stock trading suspension can be done.It is not de-listing. The problem is that KQ stock is cross-listed on the USE, RSE and Dar es Salaam Stock Exchange. Authorities there can suspend trading and it will trigger action by NSE. If the loss next year will still be huge then anything can happen. Hakuna stori ya kusema eti mtangoja.
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ArrestedDev
#5198 Posted : Thursday, August 04, 2016 11:57:48 AM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
sparkly wrote:
[quote=obiero]More good news for KQ http://www.businessdaily...29572-3ycktw/index.html[/quote]

The only worth while news we are waiting for is seizure of aircrafts by lessors and suspension of trading by nse.

My friends that will never happen. If you knew who owns Ambosseli and Savannah, then you wouldn't entertain such reckless dreams


It can happen if these shell companies registered by the cartels in tax havens does not receive the hefty payments from KQ. These shell companies only applies to aircrafts purchased through loans. It does not apply to aircrafts leased from aircrafts leasing companies. Please take note of the difference here.
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obiero
#5199 Posted : Thursday, August 04, 2016 12:08:48 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
ArrestedDev wrote:
Spikes wrote:
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.


Stock trading suspension can be done.It is not de-listing. The problem is that KQ stock is cross-listed on the USE, RSE and Dar es Salaam Stock Exchange. Authorities there can suspend trading and it will trigger action by NSE. If the loss next year will still be huge then anything can happen. Hakuna stori ya kusema eti mtangoja.

Probably if Raila was president that would work, but not under this regime.. GoK is KQ and KQ is GoK. Our neighbors would dare not suspend it, they are alert to the political ramification. Plus as I have said here severally, airlines across the world run frequently on negative equity but that does not intrinsically imply that the carriers are insolvent.
Personally I would rather walk to Rwanda than have to fly Rwandair in the abscense of KQ
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  | | Edit by user: Thursday, August 04, 2016 12:09 PM | Reason: Not specified
ArrestedDev
#5200 Posted : Thursday, August 04, 2016 12:27:18 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
Spikes wrote:
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.


Stock trading suspension can be done.It is not de-listing. The problem is that KQ stock is cross-listed on the USE, RSE and Dar es Salaam Stock Exchange. Authorities there can suspend trading and it will trigger action by NSE. If the loss next year will still be huge then anything can happen. Hakuna stori ya kusema eti mtangoja.

Probably if Raila was president that would work, but not under this regime.. GoK is KQ and KQ is GoK. Our neighbors would dare not suspend it, they are alert to the political ramification. Plus as I have said here severally, airlines across the world run frequently on negative equity but that does not intrinsically imply that the carriers are insolvent.
Personally I would rather walk to Rwanda than have to fly Rwandair in the abscense of KQ


Do not be too optimistic. Anything can happen. There is nothing like political ramifications. Just hold your horses.

They are closely watching KQ already. If we are discussing here to such a great extent then what about them. In Dec. 15, the below article was published in Tanzania.

Quote:
Orbit Securities Limited General Manager, Mr Simon Juventus said in Dar es Salaam yesterday that the two companies’ adverse balance sheets are bad news that will hurt their share trading at the equity markets.



http://www.dailynews.co....ncial-challenges-deepen
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