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Kenya Airways...why ignore..
Rank: Veteran Joined: 4/4/2007 Posts: 1,162
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VituVingiSana wrote:sparkly wrote:obiero wrote:Days away.. 10+ reasons to believe in operation pride atKQ: 1. End of hedging policy 2. Cut off on HOTAC and other operational expenses 3. Rightsizing of the workforce 4. Fuel efficient planes 5. Route optimization especially in Africa 6. Category 1 status at main hub 7. GoK guaranteed debt at reduced pay out 8. Sale of non critical assets 9. Global reduction in fuel costs 10. Revival in KE tourism 11. Budget carrier for booming middle-class 12. Cleaned-up board and management 13. Debt tenor restructure by main bankers. Plus recent rate cap by HE Uhuru 14. Financial revamp by transaction advisers The only item that matters "increase sales" is missing from the list.  You mean "increase sales faster than expenses"  After deducting the "profits from sale of assets [land, LHR slot]", I wonder if there is anything left to write home about. The missed another Item: Declaration of bankruptcy
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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majimaji wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Days away.. 10+ reasons to believe in operation pride atKQ: 1. End of hedging policy 2. Cut off on HOTAC and other operational expenses 3. Rightsizing of the workforce 4. Fuel efficient planes 5. Route optimization especially in Africa 6. Category 1 status at main hub 7. GoK guaranteed debt at reduced pay out 8. Sale of non critical assets 9. Global reduction in fuel costs 10. Revival in KE tourism 11. Budget carrier for booming middle-class 12. Cleaned-up board and management 13. Debt tenor restructure by main bankers. Plus recent rate cap by HE Uhuru 14. Financial revamp by transaction advisers The only item that matters "increase sales" is missing from the list. You mean "increase sales faster than expenses" After deducting the "profits from sale of assets [land, LHR slot]", I wonder if there is anything left to write home about. The missed another Item: Declaration of bankruptcy That one is there (item 8 on the list) only sugar coated with lots of meaningless words including assets, which are not there!!!!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi
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Angelica _ann wrote:majimaji wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Days away.. 10+ reasons to believe in operation pride atKQ: 1. End of hedging policy 2. Cut off on HOTAC and other operational expenses 3. Rightsizing of the workforce 4. Fuel efficient planes 5. Route optimization especially in Africa 6. Category 1 status at main hub 7. GoK guaranteed debt at reduced pay out 8. Sale of non critical assets 9. Global reduction in fuel costs 10. Revival in KE tourism 11. Budget carrier for booming middle-class 12. Cleaned-up board and management 13. Debt tenor restructure by main bankers. Plus recent rate cap by HE Uhuru 14. Financial revamp by transaction advisers The only item that matters "increase sales" is missing from the list. You mean "increase sales faster than expenses" After deducting the "profits from sale of assets [land, LHR slot]", I wonder if there is anything left to write home about. The missed another Item: Declaration of bankruptcy That one is there (item 8 on the list) only sugar coated with lots of meaningless words including assets, which are not there!!!!!!! I made you look :) COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:Angelica _ann wrote:majimaji wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Days away.. 10+ reasons to believe in operation pride atKQ: 1. End of hedging policy 2. Cut off on HOTAC and other operational expenses 3. Rightsizing of the workforce 4. Fuel efficient planes 5. Route optimization especially in Africa 6. Category 1 status at main hub 7. GoK guaranteed debt at reduced pay out 8. Sale of non critical assets 9. Global reduction in fuel costs 10. Revival in KE tourism 11. Budget carrier for booming middle-class 12. Cleaned-up board and management 13. Debt tenor restructure by main bankers. Plus recent rate cap by HE Uhuru 14. Financial revamp by transaction advisers The only item that matters "increase sales" is missing from the list. You mean "increase sales faster than expenses" After deducting the "profits from sale of assets [land, LHR slot]", I wonder if there is anything left to write home about. The missed another Item: Declaration of bankruptcy That one is there (item 8 on the list) only sugar coated with lots of meaningless words including assets, which are not there!!!!!!! I made you look :) KQ is 'flying dead'. There is nothing tangible in Obiero's list. I hope this AGM is used to sack the board and the entire executive management.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Angelica _ann wrote:majimaji wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Days away.. 10+ reasons to believe in operation pride atKQ: 1. End of hedging policy 2. Cut off on HOTAC and other operational expenses 3. Rightsizing of the workforce 4. Fuel efficient planes 5. Route optimization especially in Africa 6. Category 1 status at main hub 7. GoK guaranteed debt at reduced pay out 8. Sale of non critical assets 9. Global reduction in fuel costs 10. Revival in KE tourism 11. Budget carrier for booming middle-class 12. Cleaned-up board and management 13. Debt tenor restructure by main bankers. Plus recent rate cap by HE Uhuru 14. Financial revamp by transaction advisers The only item that matters "increase sales" is missing from the list. You mean "increase sales faster than expenses" After deducting the "profits from sale of assets [land, LHR slot]", I wonder if there is anything left to write home about. The missed another Item: Declaration of bankruptcy That one is there (item 8 on the list) only sugar coated with lots of meaningless words including Assets, which are not there!!!!!!! that's one keen eye. I salute you Lady AA. if I were a creditor, I would be there with my Antony to serve my papers. I would seat between DJ and the gentleman clad in a blue suit albeit me would be in a scarlet red one n closely fashioned to isis favourite one and Texans ranger stilettos in toe. I would cause a scene close to an excerpt from the movie, desperado aka one man guitar. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi
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muandiwambeu wrote:Angelica _ann wrote:majimaji wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Days away.. 10+ reasons to believe in operation pride atKQ: 1. End of hedging policy 2. Cut off on HOTAC and other operational expenses 3. Rightsizing of the workforce 4. Fuel efficient planes 5. Route optimization especially in Africa 6. Category 1 status at main hub 7. GoK guaranteed debt at reduced pay out 8. Sale of non critical assets 9. Global reduction in fuel costs 10. Revival in KE tourism 11. Budget carrier for booming middle-class 12. Cleaned-up board and management 13. Debt tenor restructure by main bankers. Plus recent rate cap by HE Uhuru 14. Financial revamp by transaction advisers The only item that matters "increase sales" is missing from the list. You mean "increase sales faster than expenses" After deducting the "profits from sale of assets [land, LHR slot]", I wonder if there is anything left to write home about. The missed another Item: Declaration of bankruptcy That one is there (item 8 on the list) only sugar coated with lots of meaningless words including Assets, which are not there!!!!!!! that's one keen eye. I salute you Lady AA. if I were a creditor, I would be there with my Antony to serve my papers. I would seat between DJ and the gentleman clad in a blue suit albeit me would be in a scarlet red one n closely fashioned to isis favourite one and Texans ranger stilettos in toe. I would cause a scene close to an excerpt from the movie, desperado aka one man guitar. LOL. Ua Anthony?? Gay much.. COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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KQ In talks with several parties on stake sale Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,371 Location: Nairobi
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Ericsson wrote:KQ In talks with several parties on stake sale With or without the debt? I hope @VVS [& other genuine taxpayers] aren't saddled with the debts KQ owes. Lakini, this is Kenya... The existing shareholders of KQ should be wiped out [Negative Equity]. The creditors should take a haircut after all they chose to lend to KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:KQ In talks with several parties on stake sale What are they selling? Their planes are on lease, EBITDA is negative, 51% must be locally held to enjoy BLTs. This is nonsense. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi
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sparkly wrote:Ericsson wrote:KQ In talks with several parties on stake sale What are they selling? Their planes are on lease, EBITDA is negative, 51% must be locally held to enjoy BLTs. This is nonsense. Qatar has already placed an offer.. The tragedy is to look at this in tunnel vision.. Open up the vista. KQ is a gem to Africa and the world at large. Let us see how things pan out on Thursday COOP, IMH, KEGN, KQ, MTNU
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