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Kenya Airways...why ignore..
Ericsson
#13081 Posted : Wednesday, July 03, 2019 1:22:34 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Jibabe wrote:
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey


These assertions are conflicting,if it’s deep financial hole and would take 3-5 years and just had an airline turnaround expert what’s still wrong!
Turnaround is a process that takes time and may involve several people

How does nationalisation something I presume was left a while back be the panacea?
After privatisation a mess/mistake was created.Question now is how to correct the mess that has been created

Privatisation of KQ was hallowed in management books.
My reading of what Speedway Consultants did was inculcation of operational efficiency ,financial discipline and professionalism things i think thawed as times went on as people took nearly everything for granted.
Nationalisation is and should be a NO

KQ as a private company can't survive.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#13082 Posted : Wednesday, July 03, 2019 2:18:47 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019
Pesa Nane plans to be shilingi when he grows up.
sparkly
#13083 Posted : Wednesday, July 03, 2019 4:04:39 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Pesa Nane wrote:
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.
Life is short. Live passionately.
Ericsson
#13084 Posted : Wednesday, July 03, 2019 4:17:00 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#13085 Posted : Wednesday, July 03, 2019 5:01:26 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,559
Location: nairobi
Ericsson wrote:
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane

We must nationalize KQ.. That is a given. But at what price?

COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#13086 Posted : Wednesday, July 03, 2019 5:19:37 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Ericsson wrote:
Jibabe wrote:
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey


These assertions are conflicting,if it’s deep financial hole and would take 3-5 years and just had an airline turnaround expert what’s still wrong!
Turnaround is a process that takes time and may involve several people

How does nationalisation something I presume was left a while back be the panacea?
After privatisation a mess/mistake was created.Question now is how to correct the mess that has been created

Privatisation of KQ was hallowed in management books.
My reading of what Speedway Consultants did was inculcation of operational efficiency ,financial discipline and professionalism things i think thawed as times went on as people took nearly everything for granted.
Nationalisation is and should be a NO

KQ as a private company can't survive.
Let "Old KQ" die and a "New KQ" take over the ICAO and IATA codes and BASAs. It has been done in other markets e.g. Switzerland.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#13087 Posted : Wednesday, July 03, 2019 5:21:14 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
obiero wrote:
Ericsson wrote:
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane

We must nationalize KQ.. That is a given. But at what price?
Negative Equity. Zero. Watu wapambane na hali yake. KQLC should be paid as per the guarantee. Not a penny more.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#13088 Posted : Wednesday, July 03, 2019 5:40:07 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,559
Location: nairobi
VituVingiSana wrote:
obiero wrote:
Ericsson wrote:
sparkly wrote:
Pesa Nane wrote:
Ericsson wrote:
Michael Joseph take on KQ;
Turnaround of KQ
-KQ turnaround is not going to be quick,the airline is in deep financial trouble,it is going to take 3-5 years for turnaround,it will take time.
Appointment of CEO;
To turnaround an airline you need deep airline experience,not just somebody you pick from the shelf.

Nationalisation of KQ
It's not something that we want and would like to have .It's something that is necessary for the growth and survival of the airline.
It will then be cross-Subsidised by the airport,airport services.
KQ main competitors are 100% owned by the government.We want to compete at a level playing field.
KQ is not a profit making organisation and would never be.
Look at the impact KQ would have on the GDP of the country.Look at the impact of Ethiopian airlines on Addis,Emirates to Dubai,Turkish Airlines on Turkey




Kenya airways as it stands now is not a profit making organization and probably will never be a profit making organization - Michael Joseph, 02 July 2019


Reports like these will give @Obiero ulcers.

Ukweli ijulikane

We must nationalize KQ.. That is a given. But at what price?
Negative Equity. Zero. Watu wapambane na hali yake. KQLC should be paid as per the guarantee. Not a penny more.

You are very funny. Should be on a comedy show

COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Extraterrestrial
#13089 Posted : Wednesday, July 03, 2019 8:36:13 PM
Rank: Member


Joined: 11/17/2018
Posts: 173
Location: Mars
KQ to be nationalised at Kshs. 4.70 per share.

https://twitter.com/bank...1146451026205184000?s=19
Ericsson
#13090 Posted : Wednesday, July 03, 2019 9:24:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
[quote=Extraterrestrial]KQ to be nationalised at Kshs. 4.70 per share.

https://twitter.com/bank...146451026205184000?s=19[/quote]

@obiero I told you
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#13091 Posted : Wednesday, July 03, 2019 9:51:38 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,559
Location: nairobi
Ericsson wrote:
[quote=Extraterrestrial]KQ to be nationalised at Kshs. 4.70 per share.

https://twitter.com/bank...146451026205184000?s=19[/quote]

@obiero I told you

Where's the buy out document?

COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#13092 Posted : Wednesday, July 03, 2019 11:06:55 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Extraterrestrial wrote:
KQ to be nationalised at Kshs. 4.70 per share.

https://twitter.com/bank...146451026205184000?s=19
That’s 4.70 too much but congrats to those who bought a sub-4
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#13093 Posted : Wednesday, July 03, 2019 11:50:06 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,559
Location: nairobi
VituVingiSana wrote:
Extraterrestrial wrote:
KQ to be nationalised at Kshs. 4.70 per share.

https://twitter.com/bank...146451026205184000?s=19
That’s 4.70 too much but congrats to those who bought a sub-4

Kenyans love rumors

COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
ProverB
#13094 Posted : Thursday, July 04, 2019 8:58:27 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Bulls make money, bears make money, pigs get slaughtered. ~ Jim Cramer

#HappyInvesting
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Spikes
#13095 Posted : Thursday, July 04, 2019 11:02:21 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
VituVingiSana wrote:
Spikes wrote:
obiero wrote:
nairobby wrote:
I can't believe @obiero averaged down on this stock.

You better believe it boss.. Now we await the buy out but only after the rights issue AKA Open Offer.. I will personally take GoK to court if they attempt a squeeze out

Now you take me seriously by taking government to court if you feel squeezed.

Do keep us abreast. I will give you moral support.


...and logistical support too. smile smile smile
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
the deal
#13096 Posted : Thursday, July 04, 2019 3:51:00 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
KES 8.70 is the minimum GoK should bid...never mind the MP he doesn't know much capital markets...
VituVingiSana
#13097 Posted : Thursday, July 04, 2019 4:12:26 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
the deal wrote:
KES 8.70 is the minimum GoK should bid...never mind the MP he doesn't know much capital markets...
GoN(amibia) should look to acquire KQ at only 8.70/share.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#13098 Posted : Thursday, July 04, 2019 7:10:46 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
the deal wrote:
KES 8.70 is the minimum GoK should bid...never mind the MP he doesn't know much capital markets...
GoN(amibia) should look to acquire KQ at only 8.70/share.

Government of Namibia is broke that's why GoK must put a 4 bob goodwill on top of the proposed 4.70 Laughing out loudly Laughing out loudly Laughing out loudly
obiero
#13099 Posted : Thursday, July 04, 2019 9:28:32 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,559
Location: nairobi
Ehe..

COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
littledove
#13100 Posted : Friday, July 05, 2019 9:15:23 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 906
Location: sky
obiero wrote:
Ehe..

smile hon nyikai wambura, was he sent by one wazuaSad
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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