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KQ in 2010-11 (Boom, Bust or Blah)
sparkly
#241 Posted : Tuesday, October 05, 2010 3:04:54 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Pierce wrote:
Good people,

After a 12 month fight bravely borne, I have taken my flight at 45.

It's an extremely PAINFUL( 32% )loss, but I just figured the worst days lie ahead.

Remember UCHUMI!!

Banks......here I come.

@pierce ?????. achana na stocks. Get something else to do.
Life is short. Live passionately.
Pierce
#242 Posted : Tuesday, October 05, 2010 3:18:23 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
@ Sparkly,

Wait and see the drama unfold..........the staff issues KQ is experiencing drastically touch on the core of their operations!!

Worse still they may require that moving forward flight operations are scaled down by about 40%.
the deal
#243 Posted : Tuesday, October 05, 2010 3:32:42 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Pierce i dont even think the strike will take place...it's business as usual i just booked today KQ Joburg-Nairobi for nxt week Thursday...wait until foreigners start loading the shares with their big pockets...
Pierce
#244 Posted : Tuesday, October 05, 2010 4:19:34 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
Well I sincerely hope the strike does not take place.

On the last strike, actually 12 hours before the strike passengers were still booking normally for travel in the next few days!!
mlennyma
#245 Posted : Tuesday, October 05, 2010 6:11:33 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I pray for the strike to kick off so that there is enough blood on the streets
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#246 Posted : Tuesday, October 05, 2010 7:48:46 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
Reading today's trading analysis... Most buyers are foreigners & 100% sellers were local...

Kenyans panicking? LOL... Perhaps @Horton can tell us if the strike threats are valid?

KQ claims the threats are power plays due to internal politicking by union members...

I say if any KQ staff go on strike over this... just fire them... Let those who want to work, work...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwanahisa
#247 Posted : Tuesday, October 05, 2010 8:02:52 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
mlennyma wrote:
I pray for the strike to kick off so that there is enough blood on the streets


I am with you on this one. I picked up some ex-div @45 and I am looking for more. A strike would be disruptive in the short run. However, subsequent layoffs would restore the balance of power back to management/shareholders and rationalise staff costs. Better to run the loss now in exchange for ENHANCED future profits.
guru267
#248 Posted : Tuesday, October 05, 2010 8:04:26 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Reading today's trading analysis... Most buyers are foreigners & 100% sellers were local...

Kenyans panicking? LOL... Perhaps @Horton can tell us if the strike threats are valid?

KQ claims the threats are power plays due to internal politicking by union members...

I say if any KQ staff go on strike over this... just fire them... Let those who want to work, work...


@VVS they might be selling because of your "fire them mentality".... who will work for KQ then??
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#249 Posted : Tuesday, October 05, 2010 9:58:44 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
mwanahisa wrote:
mlennyma wrote:
I pray for the strike to kick off so that there is enough blood on the streets

I am with you on this one. I picked up some ex-div @45 and I am looking for more. A strike would be disruptive in the short run. However, subsequent layoffs would restore the balance of power back to management/shareholders and rationalise staff costs. Better to run the loss now in exchange for ENHANCED future profits.

AMEN...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#250 Posted : Tuesday, October 05, 2010 10:01:41 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,362
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
Reading today's trading analysis... Most buyers are foreigners & 100% sellers were local...

Kenyans panicking? LOL... Perhaps @Horton can tell us if the strike threats are valid?

KQ claims the threats are power plays due to internal politicking by union members...

I say if any KQ staff go on strike over this... just fire them... Let those who want to work, work...

@VVS they might be selling because of your "fire them mentality".... who will work for KQ then??
No employee is irreplaceable...
Even kings, popes, presidents...

Those who want to work can continue working... those who do not want to by going on strike... well, we can do without them... It hurts in the short-term then in 6 months they will be forgotten!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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