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Kenya Airways...why ignore..
VituVingiSana
#1231 Posted : Tuesday, December 30, 2014 10:17:22 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
obiero wrote:
murchr wrote:
If they hedged then no help, this would be the perfect time to draw up those 5-15 year contracts

The problem is that no one knows where the price of crude will head from its current price.. Hedging for KQ isnt good business, in my opinion

Gasp! No! Your friend Alex Wainaina (who makes 30mn+/year) says KQ is smarter than the guys selling them the hedges. d'oh! d'oh! d'oh! ... He thinks he is smarter than Tim Clark of Emirates which doesn't hedge.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#1232 Posted : Tuesday, December 30, 2014 1:19:07 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
VituVingiSana wrote:
obiero wrote:
murchr wrote:
If they hedged then no help, this would be the perfect time to draw up those 5-15 year contracts

The problem is that no one knows where the price of crude will head from its current price.. Hedging for KQ isnt good business, in my opinion

Gasp! No! Your friend Alex Wainaina (who makes 30mn+/year) says KQ is smarter than the guys selling them the hedges. d'oh! d'oh! d'oh! ... He thinks he is smarter than Tim Clark of Emirates which doesn't hedge.

Alex isnt my friend :)
COOP, IMH, KEGN, KQ, MTNU
Gordon Gekko
#1233 Posted : Friday, January 09, 2015 7:51:42 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
This is confirmation that Ngunze was the wrong choice for KQ.
http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking.
obiero
#1234 Posted : Friday, January 09, 2015 10:52:08 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Gordon Gekko wrote:
This is confirmation that Ngunze was the wrong choice for KQ.
http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking.

Tema hio mate mbaya! Ngunze is a gift from God
COOP, IMH, KEGN, KQ, MTNU
maka
#1235 Posted : Saturday, January 10, 2015 9:46:18 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
Gordon Gekko wrote:
This is confirmation that Ngunze was the wrong choice for KQ.
http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking.

Tema hio mate mbaya! Ngunze is a gift from God


It's the traders who requested.
possunt quia posse videntur
Gordon Gekko
#1236 Posted : Saturday, January 10, 2015 11:19:53 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
maka wrote:
obiero wrote:
Gordon Gekko wrote:
This is confirmation that Ngunze was the wrong choice for KQ.
http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking.

Tema hio mate mbaya! Ngunze is a gift from God


It's the traders who requested.

Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office?
Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini?
Kihara joni
#1237 Posted : Saturday, January 10, 2015 11:51:20 AM
Rank: Member

Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
I love the office it is a brilliant idea.
obiero
#1238 Posted : Saturday, January 10, 2015 4:23:17 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,321
Location: nairobi
Gordon Gekko wrote:
maka wrote:
obiero wrote:
Gordon Gekko wrote:
This is confirmation that Ngunze was the wrong choice for KQ.
http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking.

Tema hio mate mbaya! Ngunze is a gift from God


It's the traders who requested.

Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office?
Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini?

Hapo Luthuli kuna pesa mingi.. Na Kamukunji, River Road. Most of the shops there make more money than ordinary office workers at banks, law firms etc.. The downtownians actually travel alot too, to Dubai, China etc
COOP, IMH, KEGN, KQ, MTNU
itz
#1239 Posted : Saturday, January 10, 2015 6:05:01 PM
Rank: Member

Joined: 3/20/2009
Posts: 348
obiero wrote:
Gordon Gekko wrote:
maka wrote:
obiero wrote:
Gordon Gekko wrote:
This is confirmation that Ngunze was the wrong choice for KQ.
http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking.

Tema hio mate mbaya! Ngunze is a gift from God


It's the traders who requested.

Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office?
Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini?

Hapo Luthuli kuna pesa mingi.. Na Kamukunji, River Road. Most of the shops there make more money than ordinary office workers at banks, law firms etc.. The downtownians actually travel alot too, to Dubai, China etc


@obiero thanks for educating @gordon before he continued to sound ignorant on this matter.
maka
#1240 Posted : Saturday, January 10, 2015 7:00:56 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
Gordon Gekko wrote:
maka wrote:
obiero wrote:
Gordon Gekko wrote:
This is confirmation that Ngunze was the wrong choice for KQ.
http://bit.ly/1KsdQ5i
A sales office in Tea Room, another at the Junction, talk of split personality, lakini nitakufa nayo, my average buy price is shocking.

Tema hio mate mbaya! Ngunze is a gift from God


It's the traders who requested.

Traders requested a ticketing office at Tea Room? Unless it is a cargo centre, they can't walk to Barclay's Plaza to buy a ticket? And how many traders are these to warrant an office?
Let us assume a basic office. Rent 20k, manager 100k, 3 x clerks 100k, cleaner 10k, utilities 20k, total 250k. The office needs to generate 250k per month to cover fixed costs. Kwani hawo watu wa Luthuli wanaleta nini?

Hapo Luthuli kuna pesa mingi.. Na Kamukunji, River Road. Most of the shops there make more money than ordinary office workers at banks, law firms etc.. The downtownians actually travel alot too, to Dubai, China etc


Word...
possunt quia posse videntur
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