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Kenya Airways...why ignore..
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:ProverB wrote:ArrestedDev wrote:obiero wrote:The Great wrote:http://www.standardmedia.co.ke/mobile/article/2000217425/kenya-airways-in-talks-with-3-4-parties-on-stake-sale Qatar Airways wants to buy out KLM plus a significant stake of GOK, but both parties don't want to loose control of the boardroom It will not be an easy task to buy out KLM. They are fully in control, veto powers and key executive positions - at least 2 or even more? What's the value proposition that KQ provides to KLM? I'm sure they aren't in it for the "Worst Devalued Investment" Award. Curtailing the growth of KQ will see KLM continue to draw revenue from East Africa as well as Southern Africa and even West Africa as it is currently. KLM draws more revenue from East Africa than KQ yet it is the later's hub. KLM continued access to Nairobi with maximum capacity in terms of Cargo and Pax flight will guarantee them maximum benefit as it is now. A less stronger KQ is good for KLM. KLM's investment in KQ is a strategy to curtail it rather than a return on investment. You speak soo strongly against your employer.. The bible has a few chapters on people like you This is exactly what is happening. Even the bidders you are talking about here are not after reviving KQ. They are looking for a penetration strategy to the African Market. If Qatar succeed to buy a stake, they will ensure the agreement entails unlimited access to Kenya especially Mombasa which they have been fighting to get. KLM knows exactly what went wrong with KQ. They are perpetrating the mess in KQ so that they eat the cake. Leave alone the foolish talk by Ngunze. Well all I know is that GOK has stated an acceptance tag of KES 17 per share.. A price I am willing to settle for Whatever price, they are buying the landing rights and not interested in reviving KQ. There in lies my exit strategy. There is something special about to happen to the ordinary shareholders of KQ. There's no other time than now. Money is about to be made by the bucketload There will be no huge price rally as you expect. It may even tumble to sub 2/=.The situation is very tricky. As it stands now KQ needs further cash injection to continue operating. 6% up as at now If the outcome of the meeting tomorrow falls short of investor expectation @obiero be prepared for a sharp plunge! I will be there to moderate the nerves. KES 2 remains a pipe dream. Even KES 4 may never be seen again I hope there shall be live tweets immediately as the main business discussion starts. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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MSC turnaround aka bailout plus management change slumped, how do you anticipate KQ'a strategy to thrive in a climate of government involvement in businesses of state owned firms? 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: 18,371 Location: Nairobi
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Seems @Obiero is right. KQ is planning to have a new "strategic" investor. http://qz.com/792740/ken...&utm_source=twitter
The existing shareholders need to be wiped out (& rightly so) just as many of the creditors need to take a haircut on their loans. The question is whether KQ can be revived just as other airlines have BUT what about the BASAs, many of which require a majority ownership by Kenyans of the airline? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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BD wrote:Budget Airline JamboJet, the subsidiary of multibillion loss-making national flag-carrier Kenya Airways (KQ), has posted a Sh126 million profit in its second year of operation underlining increased use of domestic air travel. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi
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VituVingiSana wrote:Seems @Obiero is right. KQ is planning to have a new "strategic" investor. http://qz.com/792740/ken...&utm_source=twitter
The existing shareholders need to be wiped out (& rightly so) just as many of the creditors need to take a haircut on their loans. The question is whether KQ can be revived just as other airlines have BUT what about the BASAs, many of which require a majority ownership by Kenyans of the airline? Gulamali Ismail, Vijay Shah, DJ, Mike Maina and myself are taking charge.. Last boarding call already issued weeks ago. KQs sale was inevitable and note that we are not selling the assets or anything financial. The goodwill is what's on sale and it is pricey.. Watch the share spike.. it's our time to eat COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Seems @Obiero is right. KQ is planning to have a new "strategic" investor. http://qz.com/792740/ken...&utm_source=twitter
The existing shareholders need to be wiped out (& rightly so) just as many of the creditors need to take a haircut on their loans. The question is whether KQ can be revived just as other airlines have BUT what about the BASAs, many of which require a majority ownership by Kenyans of the airline? Gulamali Ismail, Vijay Shah, DJ, Mike Maina and myself are taking charge.. Last boarding call already issued weeks ago. Its our time to eat This story has been there since 2015...I posted it earlier this year on this thread.Lets wait and see... possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,371 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Seems @Obiero is right. KQ is planning to have a new "strategic" investor. http://qz.com/792740/ken...&utm_source=twitter
The existing shareholders need to be wiped out (& rightly so) just as many of the creditors need to take a haircut on their loans. The question is whether KQ can be revived just as other airlines have BUT what about the BASAs, many of which require a majority ownership by Kenyans of the airline? Gulamali Ismail, Vijay Shah, DJ, Mike Maina and myself are taking charge.. Last boarding call already issued weeks ago. KQs sale was inevitable and note that we are not selling the assets or anything financial. The goodwill is what's on sale and it is pricey.. Watch the share spike.. it's our time to eat Less than 10% ownership in total. If KLM and GoK aren't on board then nothing will happen. Good luck. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,371 Location: Nairobi
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murchr wrote:BD wrote:Budget Airline JamboJet, the subsidiary of multibillion loss-making national flag-carrier Kenya Airways (KQ), has posted a Sh126 million profit in its second year of operation underlining increased use of domestic air travel. They should spin-off JJ. I might invest in JJ as a stand-alone entity. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,320 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Seems @Obiero is right. KQ is planning to have a new "strategic" investor. http://qz.com/792740/ken...&utm_source=twitter
The existing shareholders need to be wiped out (& rightly so) just as many of the creditors need to take a haircut on their loans. The question is whether KQ can be revived just as other airlines have BUT what about the BASAs, many of which require a majority ownership by Kenyans of the airline? Gulamali Ismail, Vijay Shah, DJ, Mike Maina and myself are taking charge.. Last boarding call already issued weeks ago. KQs sale was inevitable and note that we are not selling the assets or anything financial. The goodwill is what's on sale and it is pricey.. Watch the share spike.. it's our time to eat Less than 10% ownership in total. If KLM and GoK aren't on board then nothing will happen. Good luck. Rotich already told you what will happen.. Its good to watch news, as a man COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,371 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Seems @Obiero is right. KQ is planning to have a new "strategic" investor. http://qz.com/792740/ken...&utm_source=twitter
The existing shareholders need to be wiped out (& rightly so) just as many of the creditors need to take a haircut on their loans. The question is whether KQ can be revived just as other airlines have BUT what about the BASAs, many of which require a majority ownership by Kenyans of the airline? Gulamali Ismail, Vijay Shah, DJ, Mike Maina and myself are taking charge.. Last boarding call already issued weeks ago. KQs sale was inevitable and note that we are not selling the assets or anything financial. The goodwill is what's on sale and it is pricey.. Watch the share spike.. it's our time to eat Less than 10% ownership in total. If KLM and GoK aren't on board then nothing will happen. Good luck. Rotich already told you what will happen.. Its good to watch news, as a man Do tell... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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