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Kenya Airways...why ignore..
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Not so bad. "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: 14,295 Location: nairobi
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The rally continues unabated http://www.businessdaily...942282-ysh0kt/index.html COOP, IMH, KEGN, KQ, MTNU
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Ebenyo wrote:ArrestedDev wrote:By the way with the reduction of the loss, there is no impact at all. KQ is even now in a worse state considering the fact that key assets that could have been used to generate income in the near future were offloaded, some at throw away prices.
The reduction in the loss was only occassioned by the cosmetic changes i.e. unsustainable cost cutting measures rather than addressing the underlying problems. On the contrary,these results are good.Its not just the asset sale only,there has been efficient measures taken to curb spiralling expenditure.The corruption loopholes has been addressed.All these due to effect of Michael Joseph.What is needed now is some cash injection and the airline will be back into profitability immediately. No tangible initiatives undertaken. There is nothing Mckinsey brought on the table. Let's bank on the new CEO to put the house in order. @Obiero, nothing emotional with my comments.
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Rank: Elder Joined: 6/23/2009 Posts: 14,295 Location: nairobi
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ArrestedDev wrote:Ebenyo wrote:ArrestedDev wrote:By the way with the reduction of the loss, there is no impact at all. KQ is even now in a worse state considering the fact that key assets that could have been used to generate income in the near future were offloaded, some at throw away prices.
The reduction in the loss was only occassioned by the cosmetic changes i.e. unsustainable cost cutting measures rather than addressing the underlying problems. On the contrary,these results are good.Its not just the asset sale only,there has been efficient measures taken to curb spiralling expenditure.The corruption loopholes has been addressed.All these due to effect of Michael Joseph.What is needed now is some cash injection and the airline will be back into profitability immediately. No tangible initiatives undertaken. There is nothing Mckinsey brought on the table. Let's bank on the new CEO to put the house in order. @Obiero, nothing emotional with my comments. @arresteddev 16B reduction in loss position isn't small.. Things are looking up 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:ArrestedDev wrote:Ebenyo wrote:ArrestedDev wrote:By the way with the reduction of the loss, there is no impact at all. KQ is even now in a worse state considering the fact that key assets that could have been used to generate income in the near future were offloaded, some at throw away prices.
The reduction in the loss was only occassioned by the cosmetic changes i.e. unsustainable cost cutting measures rather than addressing the underlying problems. On the contrary,these results are good.Its not just the asset sale only,there has been efficient measures taken to curb spiralling expenditure.The corruption loopholes has been addressed.All these due to effect of Michael Joseph.What is needed now is some cash injection and the airline will be back into profitability immediately. No tangible initiatives undertaken. There is nothing Mckinsey brought on the table. Let's bank on the new CEO to put the house in order. @Obiero, nothing emotional with my comments. @arresteddev 16B reduction in loss position isn't small.. Things are looking up Let the new CEO take over and we see what will happen. Ngunze made so many blunders. KQ should not be reporting losses with the current fuel prices. A 16 billion reduction in loss is nothing, I can tell you with authority. I did inform you that the loss is 10 billion plus. How did I arrive at this figure? Please take it from me that the perceived loss reduction does not translate to anything at this stage.KQ is in the same state it was a year ago when the 26.2 billion loss was announced.
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Rank: Elder Joined: 12/4/2009 Posts: 10,816 Location: NAIROBI
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Someone once said that hedging is for managers who don't know how to operate an airline. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Ericsson wrote:Someone once said that hedging is for managers who don't know how to operate an airline.
Alex was another dunderhead who sank this Airline. Combine him with Ngunze & Naikuni and the decisions taken were totally toxic for the Airline.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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ArrestedDev wrote:obiero wrote:ArrestedDev wrote:Ebenyo wrote:ArrestedDev wrote:By the way with the reduction of the loss, there is no impact at all. KQ is even now in a worse state considering the fact that key assets that could have been used to generate income in the near future were offloaded, some at throw away prices.
The reduction in the loss was only occassioned by the cosmetic changes i.e. unsustainable cost cutting measures rather than addressing the underlying problems. On the contrary,these results are good.Its not just the asset sale only,there has been efficient measures taken to curb spiralling expenditure.The corruption loopholes has been addressed.All these due to effect of Michael Joseph.What is needed now is some cash injection and the airline will be back into profitability immediately. No tangible initiatives undertaken. There is nothing Mckinsey brought on the table. Let's bank on the new CEO to put the house in order. @Obiero, nothing emotional with my comments. @arresteddev 16B reduction in loss position isn't small.. Things are looking up Let the new CEO take over and we see what will happen. Ngunze made so many blunders. KQ should not be reporting losses with the current fuel prices. A 16 billion reduction in loss is nothing, I can tell you with authority. I did inform you that the loss is 10 billion plus. How did I arrive at this figure? Please take it from me that the perceived loss reduction does not translate to anything at this stage. KQ is in the same state it was a year ago when the 26.2 billion loss was announced . It's actually worse off by 10B. Only a financial idiot can hold/ buy KQ stock. Life is short. Live passionately.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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sparkly wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:Ebenyo wrote:ArrestedDev wrote:By the way with the reduction of the loss, there is no impact at all. KQ is even now in a worse state considering the fact that key assets that could have been used to generate income in the near future were offloaded, some at throw away prices.
The reduction in the loss was only occassioned by the cosmetic changes i.e. unsustainable cost cutting measures rather than addressing the underlying problems. On the contrary,these results are good.Its not just the asset sale only,there has been efficient measures taken to curb spiralling expenditure.The corruption loopholes has been addressed.All these due to effect of Michael Joseph.What is needed now is some cash injection and the airline will be back into profitability immediately. No tangible initiatives undertaken. There is nothing Mckinsey brought on the table. Let's bank on the new CEO to put the house in order. @Obiero, nothing emotional with my comments. @arresteddev 16B reduction in loss position isn't small.. Things are looking up Let the new CEO take over and we see what will happen. Ngunze made so many blunders. KQ should not be reporting losses with the current fuel prices. A 16 billion reduction in loss is nothing, I can tell you with authority. I did inform you that the loss is 10 billion plus. How did I arrive at this figure? Please take it from me that the perceived loss reduction does not translate to anything at this stage. KQ is in the same state it was a year ago when the 26.2 billion loss was announced . It's actually worse off by 10B. Only a financial idiot can hold/ buy KQ stock.  possunt quia posse videntur
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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sparkly wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:Ebenyo wrote:ArrestedDev wrote:By the way with the reduction of the loss, there is no impact at all. KQ is even now in a worse state considering the fact that key assets that could have been used to generate income in the near future were offloaded, some at throw away prices.
The reduction in the loss was only occassioned by the cosmetic changes i.e. unsustainable cost cutting measures rather than addressing the underlying problems. On the contrary,these results are good.Its not just the asset sale only,there has been efficient measures taken to curb spiralling expenditure.The corruption loopholes has been addressed.All these due to effect of Michael Joseph.What is needed now is some cash injection and the airline will be back into profitability immediately. No tangible initiatives undertaken. There is nothing Mckinsey brought on the table. Let's bank on the new CEO to put the house in order. @Obiero, nothing emotional with my comments. @arresteddev 16B reduction in loss position isn't small.. Things are looking up Let the new CEO take over and we see what will happen. Ngunze made so many blunders. KQ should not be reporting losses with the current fuel prices. A 16 billion reduction in loss is nothing, I can tell you with authority. I did inform you that the loss is 10 billion plus. How did I arrive at this figure? Please take it from me that the perceived loss reduction does not translate to anything at this stage. KQ is in the same state it was a year ago when the 26.2 billion loss was announced . It's actually worse off by 10B. Only a financial idiot can hold/ buy KQ stock. Spot on. All I see here is emotional and hope traders. Value traders are smelling cost of financing failed project mawingu. Rotten management strategies. Blood suckers hood with thieving musketeers. Hope is the only strategy left here, hope ngunze left, hope mj will work a miracle here, hope @maka will getter better water at the office. Hope traders crusade choirmaster @obiero is doing well all along. ,Behold, a sower went forth to sow;....
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