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Kenya Airways...why ignore..
maka
#7631 Posted : Monday, June 05, 2017 1:05:33 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
Sir Jones wrote:
maka wrote:
Going back to Egypt....

Meaning what @Maka?


Code share signed with Egypt Air...4 flights per week.



Ohh and this is Mikosz 1st announcement smile It was being worked on since late last year....
possunt quia posse videntur
Ericsson
#7632 Posted : Monday, June 05, 2017 1:06:14 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,816
Location: NAIROBI
Sir Jones wrote:
maka wrote:
Going back to Egypt....

Meaning what @Maka?


Kenya Airways (KQ) enters into a codeshare agreement with EgyptAir on Nairobi-Cairo route
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Sir Jones
#7633 Posted : Monday, June 05, 2017 1:29:27 PM
Rank: Member

Joined: 3/10/2009
Posts: 36
Ericsson wrote:
Sir Jones wrote:
maka wrote:
Going back to Egypt....

Meaning what @Maka?


Kenya Airways (KQ) enters into a codeshare agreement with EgyptAir on Nairobi-Cairo route

Thanks @ Ericsson for clarification. Hope this one brings some value addition to the National carrier not like the KLM arrangement.
maka
#7634 Posted : Monday, June 05, 2017 1:39:48 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
maka wrote:
Jibabe wrote:
Who's Geoffrey Mugendo hear a parking spot at KQ labeld as such


Really by name?He is in supply chain...



His initiatives saved KQ the most money last year...Sadly today is his last day at the company. Onward to greener pastures...
possunt quia posse videntur
Spikes
#7635 Posted : Monday, June 05, 2017 3:33:50 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
7/- Bob handle wiped off as we staircase south following news of 60B equity injection shakes up the status quo due to likely massive dilution.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
littledove
#7636 Posted : Monday, June 05, 2017 4:07:12 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 928
Location: sky
https://ir.citi.com/K48NmnoXhQiTE4FHzCmUD9%2F8fcRugHm76eyZA4lXT9lx5Hml4Yil9g%3D%3D
Equity increase details to be released by July

We continue to model a US$400m (KSh 41.4bn) equity rights issue, which would increase share count 5
-fold at the current share price,more if discounted, heavily diluting existing
shareholders.This would enable Kenya Airways
to repay KSh25bn bridging loan
from the Government and Afreximbank and maintain cash at c.30% of revenue. Our EPS estimates will depend critically
on the terms of the rights issue. We expect the Government
(29.8%holder) and KLM (26.7%) to take up their rights.
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
maka
#7637 Posted : Monday, June 05, 2017 4:13:37 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
littledove wrote:
https://ir.citi.com/K48NmnoXhQiTE4FHzCmUD9%2F8fcRugHm76eyZA4lXT9lx5Hml4Yil9g%3D%3D
Equity increase details to be released by July

We continue to model a US$400m (KSh 41.4bn) equity rights issue, which would increase share count 5
-fold at the current share price,more if discounted, heavily diluting existing
shareholders.This would enable Kenya Airways
to repay KSh25bn bridging loan
from the Government and Afreximbank and maintain cash at c.30% of revenue. Our EPS estimates will depend critically
on the terms of the rights issue. We expect the Government
(29.8%holder) and KLM (26.7%) to take up their rights.



Obiero kuja hapa...whooooshhhhh
possunt quia posse videntur
Ericsson
#7638 Posted : Monday, June 05, 2017 4:17:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,816
Location: NAIROBI
littledove wrote:
https://ir.citi.com/K48NmnoXhQiTE4FHzCmUD9%2F8fcRugHm76eyZA4lXT9lx5Hml4Yil9g%3D%3D
Equity increase details to be released by July

We continue to model a US$400m (KSh 41.4bn) equity rights issue, which would increase share count 5
-fold at the current share price,more if discounted, heavily diluting existing
shareholders.This would enable Kenya Airways
to repay KSh25bn bridging loan
from the Government and Afreximbank and maintain cash at c.30% of revenue. Our EPS estimates will depend critically
on the terms of the rights issue. We expect the Government
(29.8%holder) and KLM (26.7%) to take up their rights.


Wolololoooo
Obiero can't even talk,massive dilution expected if it goes as per by the report;an additional 7.3bn shares to be issued and gava won't contribute a cent;their debt will be converted to equity
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#7639 Posted : Monday, June 05, 2017 6:37:17 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,295
Location: nairobi
Ericsson wrote:
littledove wrote:
https://ir.citi.com/K48NmnoXhQiTE4FHzCmUD9%2F8fcRugHm76eyZA4lXT9lx5Hml4Yil9g%3D%3D
Equity increase details to be released by July

We continue to model a US$400m (KSh 41.4bn) equity rights issue, which would increase share count 5
-fold at the current share price,more if discounted, heavily diluting existing
shareholders.This would enable Kenya Airways
to repay KSh25bn bridging loan
from the Government and Afreximbank and maintain cash at c.30% of revenue. Our EPS estimates will depend critically
on the terms of the rights issue. We expect the Government
(29.8%holder) and KLM (26.7%) to take up their rights.


Wolololoooo
Obiero can't even talk,massive dilution expected if it goes as per by the report;an additional 7.3bn shares to be issued and gava won't contribute a cent;their debt will be converted to equity

The stated dilution will result in a strong company.. Ebb and flow. Let the good times roll
COOP, IMH, KEGN, KQ, MTNU
Impunity
#7640 Posted : Monday, June 05, 2017 7:25:57 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
What?
I wish I exited last week.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

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