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Kenya Airways...why ignore..
obiero
#6421 Posted : Thursday, October 27, 2016 11:33:56 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

KQ ABP 4.26
Impunity
#6422 Posted : Thursday, October 27, 2016 12:28:01 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside


Sitoki.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

mlennyma
#6423 Posted : Thursday, October 27, 2016 12:37:31 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

pple don't know how to book gains KQ will slide again for those who booked gains to reload meanwhile i can only buy kq settings aside more money incase a rights surfaces but at a price less than 4,i still have shares I have kept for my grand children bought at 46
"Don't let the fear of losing be greater than the excitement of winning."
ArrestedDev
#6424 Posted : Thursday, October 27, 2016 12:39:43 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside


It is nothing to do with the share price. A possible retention of Ngunze have a long term impact on the share price. His departure is a blessing in disguise.
Impunity
#6425 Posted : Thursday, October 27, 2016 12:46:57 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
mlennyma wrote:
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

pple don't know how to book gains KQ will slide again for those who booked gains to reload meanwhile i can only buy kq settings aside more money incase a rights surfaces but at a price less than 4,i still have shares I have kept for my grand children bought at 46


Guys who sold today (and jana) are those who enetered at 3.45s...they will take they profits may be upto to 5.50bob, then a steady rocky climb will begin which should setlle at 8 bob in a month or two.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Metch
#6426 Posted : Thursday, October 27, 2016 3:19:05 PM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Impunity wrote:
mlennyma wrote:
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

pple don't know how to book gains KQ will slide again for those who booked gains to reload meanwhile i can only buy kq settings aside more money incase a rights surfaces but at a price less than 4,i still have shares I have kept for my grand children bought at 46


Guys who sold today (and jana) are those who enetered at 3.45s...they will take they profits may be upto to 5.50bob, then a steady rocky climb will begin which should setlle at 8 bob in a month or two.


I have a feeling Obiero sold yesterday.(of course he will never admit) Time to see who has been swimming naked? Laughing out loudly Laughing out loudly Laughing out loudly
Start!
obiero
#6427 Posted : Thursday, October 27, 2016 3:29:16 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Metch wrote:
Impunity wrote:
mlennyma wrote:
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

pple don't know how to book gains KQ will slide again for those who booked gains to reload meanwhile i can only buy kq settings aside more money incase a rights surfaces but at a price less than 4,i still have shares I have kept for my grand children bought at 46


Guys who sold today (and jana) are those who enetered at 3.45s...they will take they profits may be upto to 5.50bob, then a steady rocky climb will begin which should setlle at 8 bob in a month or two.


I have a feeling Obiero sold yesterday.(of course he will never admit) Time to see who has been swimming naked? Laughing out loudly Laughing out loudly Laughing out loudly

Haha. I almost thought about it.. Atleast the part that is on loan, but I opted to wait for the real rally. KQ hasn't rallied yet. Ulcers could get those with weak stomachs.. Today a low of KES 6.05 was sighted representing 11% one day drop.. The turbulence has however subsided to maintain closing price of KES 6.5

KQ ABP 4.26
Impunity
#6428 Posted : Thursday, October 27, 2016 4:16:50 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
obiero wrote:
Metch wrote:
Impunity wrote:
mlennyma wrote:
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

pple don't know how to book gains KQ will slide again for those who booked gains to reload meanwhile i can only buy kq settings aside more money incase a rights surfaces but at a price less than 4,i still have shares I have kept for my grand children bought at 46


Guys who sold today (and jana) are those who enetered at 3.45s...they will take they profits may be upto to 5.50bob, then a steady rocky climb will begin which should setlle at 8 bob in a month or two.


I have a feeling Obiero sold yesterday.(of course he will never admit) Time to see who has been swimming naked? Laughing out loudly Laughing out loudly Laughing out loudly

Haha. I almost thought about it.. Atleast the part that is on loan, but I opted to wait for the real rally. KQ hasn't rallied yet. Ulcers could get those with weak stomachs.. Today a low of KES 6.05 was sighted representing 11% one day drop.. The turbulence has however subsided to maintain closing price of KES 6.5


I hope going forward it will stabilize and perform a gradual daily ups of 2%!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

obiero
#6429 Posted : Thursday, October 27, 2016 5:13:50 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Impunity wrote:
obiero wrote:
Metch wrote:
Impunity wrote:
mlennyma wrote:
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

pple don't know how to book gains KQ will slide again for those who booked gains to reload meanwhile i can only buy kq settings aside more money incase a rights surfaces but at a price less than 4,i still have shares I have kept for my grand children bought at 46


Guys who sold today (and jana) are those who enetered at 3.45s...they will take they profits may be upto to 5.50bob, then a steady rocky climb will begin which should setlle at 8 bob in a month or two.


I have a feeling Obiero sold yesterday.(of course he will never admit) Time to see who has been swimming naked? Laughing out loudly Laughing out loudly Laughing out loudly

Haha. I almost thought about it.. Atleast the part that is on loan, but I opted to wait for the real rally. KQ hasn't rallied yet. Ulcers could get those with weak stomachs.. Today a low of KES 6.05 was sighted representing 11% one day drop.. The turbulence has however subsided to maintain closing price of KES 6.5


I hope going forward it will stabilize and perform a gradual daily ups of 2%!

Hope is eternal. I love the way media have written the results, focus on the positives http://www.businessdaily...432112-7cjkrc/index.html

KQ ABP 4.26
VituVingiSana
#6430 Posted : Thursday, October 27, 2016 6:26:10 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Impunity wrote:
mlennyma wrote:
obiero wrote:
ArrestedDev wrote:
Jibabe wrote:
Institutional memory.... that's laughable a cursory run on the financials save for unsustainable one offs is not sustainable tell you that the mistakes are systemic and point at leadership.Worldwide cut off of 100 days stands.If in deed TN was that incompetent & Mbuvi n ilk had no part on it.What has significantly changed two years on.Or what didn't he learn or run to?


Poor corporate governance. Lack of leadership, period. No theories about it anymore. They are both incompetent fellows. Ngunze with his audit background should not have been surprised by the forensic audit findings. The mistakes led to not only systemic but also strategic failures.

Today down to KES 6.10.. We remain inside

pple don't know how to book gains KQ will slide again for those who booked gains to reload meanwhile i can only buy kq settings aside more money incase a rights surfaces but at a price less than 4,i still have shares I have kept for my grand children bought at 46


Guys who sold today (and jana) are those who enetered at 3.45s...they will take they profits may be upto to 5.50bob, then a steady rocky climb will begin which should setlle at 8 bob in a month or two.

I'd bet on this NOT happening but @Obiero (& perhaps his friends) doesn't pay up as we saw. No 8/- within 2 months. Is there a FUNDAMENTAL reason why KQ is even trading at 6/-?

I do not need the excitement of KQ. I am happy with the likes of KenRe which plod away making profits and paying dividends every year since 2012.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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