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KQ all the way to the World Cup!
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Much Know
#121 Posted : Monday, August 30, 2010 8:29:38 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
Now kq staff want to strike unless the 'big profits' are put into their payslips. What do Kenyans not understand about well managed companies making profit for shareholder? We are doomed! Companies should announce losses to avoid problems!
Ras Kienyeji Man
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Gatheuzi
#122 Posted : Monday, August 30, 2010 8:32:27 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
What is this I hear in the news of another strike in the works? Are the KQ staff serious??
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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youcan'tstopusnow
#123 Posted : Monday, August 30, 2010 8:45:47 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Much Know wrote:
Now kq staff want to strike unless the 'big profits' are put into their payslips. What do Kenyans not understand about well managed companies making profit for shareholder? We are doomed! Companies should announce losses to avoid problems!

HAHA! Airline business si mchezo kweli.
GOD BLESS YOUR LIFE
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cnn
#124 Posted : Monday, August 30, 2010 8:51:58 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
If there is anything of the sort,Titus should just take a big red pen.
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qw25041985
#125 Posted : Monday, August 30, 2010 8:56:44 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Yeah. they are actually planning another strike......WAPI KQ spokeman @VVs , to clarify this for us.....ahah.After being given a slap on one cheek by MSC i turn again only to be given another slap on the other cheek by KQ . OH My God !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Your future depends on your dreams so go to sleep !
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ProverB
#126 Posted : Monday, August 30, 2010 9:41:13 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Much Know wrote:
Now kq staff want to strike unless the 'big profits' are put into their payslips. What do Kenyans not understand about well managed companies making profit for shareholder? We are doomed! Companies should announce losses to avoid problems!



what big profits? Bulk of em is paper crap! unless it's the hedging dept going on strike!!!

Less than 3% revenues end up as profits after tax!!!!

How the hell do you call this thing well managed??
Brick wall Brick wall Brick wall Brick wall
..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
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VituVingiSana
#127 Posted : Monday, August 30, 2010 9:42:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
I do not know if there is a strike planned BUT there are thousands of Kenyans & Africans without jobs... KQ should FIRE those who go on strike for more pay without productivity gains...

It is better for KQ to hire Liberians, Zambians, Ugandans, Ghanaians, Nigerians, Chinese, Indians, Brits, etc... since KQ is a Regional (+ international) airline... Forget the idiots who don't want to produce more...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Much Know
#128 Posted : Monday, August 30, 2010 9:53:41 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
@proverb, one of the reasons 'operating margin' keeps falling as u ALWAYS run to point out is these demands by staff. BTW operating margins for airlines say very little as they are prone to many external factors hence coping strategies like hedging, they can be .01 of revenue one time and .3 of revenue the next. Again as a well managed company grows in a competitive enviroment its revenues rise high margins will drop as its profit grow by bits, so what are we comparing kq to in this case?
Ras Kienyeji Man
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  | | Edit by user: Monday, August 30, 2010 10:16 PM | Reason: Not specified
Pierce
#129 Posted : Tuesday, August 31, 2010 11:41:46 AM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
Hakuna mgomo, two rival workers unions(offices) are fighting for supremacy.KQ workers were suprised to see on tv that there was a supposed plan for a strike.

If you have money ingia now when there's these jitters, October 5th......tuongee!
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Gatheuzi
#130 Posted : Tuesday, August 31, 2010 11:42:05 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
Pierce wrote:
I said this in another thread on KQ, perfomance particularly due to the World Cup is good......very good.

Nuff said, once again.



@ Pierce, you are right about the world cup effect. My only concern is that this is a one off thing and so while it may assist to bost earnings in the short term, this will definately not recur in future. Investors therefore discount this in the pricing.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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