Wazua
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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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@Obiero - Good luck. I will sign off this thread until we see what 1H brings. I do wish you the best. Find me at KK or KenRe where the profits are flowing with abandon. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 2/8/2007 Posts: 808
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This organization is in a big ditch and it will take long to get out of it. From outside looking in, it drosn't appear as if the real cause of the mess is fully known and appreciated nor is the solution or array of sulutions. I fear investors buying could be letting emotions and stomach instincts influence them
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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obiero wrote:VituVingiSana wrote:obiero wrote:Afroblk wrote:[quote=VituVingiSana]Robert Crandall, former CEO of American Airlines: "I've never invested in any airline. I'm an airline manager. I don't invest in airlines. And I always said to the employees of American, 'This is not an appropriate investment. It's a great place to work and it's a great company that does important work. But airlines are not an investment." Keep in mind, Robert Crandall isn't just another stock picker or analyst. He's a former airline executive who has won countless awards for his work in the airline industry. If he doesn't believe airlines are investable, how should we? http://www.fool.com/inve...-wont-make-you-ric.aspx[/quote] Where's a credible source?? In the meantime, those who invested in Airline stocks in the US realized an average of +300% gain in the last three years! @afroblk please continue to educate our dear brother @vvs.. He made a huge loss on KQ and that makes him insist that the firm cannot turn a corner.. Today KES 6.50 will print. We are taking off!!! :) I will not touch KQ until the Management & Board have changed. In particular, the guy who pushed (& benefited from) Project Mawingu. To paraphrase Warren Buffett: Do I trust the Management? No, I do not. That informs my decision to invest however attractive the price or the ratios of any firm I look at. I can't buy enough shares to own 25% to influence any NSE firm so I will remain a minority shareholder who relies on the Board/Management to do the right thing. @wazua we now only need to ask ourselves who is it that bought 10.5million KQ shares on Friday at a cost of 63million and whether he/she/they shall be back for more.. Swali nyeti @obiero. add a few zeros to your portfolio 
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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whiteowl wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Afroblk wrote:[quote=VituVingiSana]Robert Crandall, former CEO of American Airlines: "I've never invested in any airline. I'm an airline manager. I don't invest in airlines. And I always said to the employees of American, 'This is not an appropriate investment. It's a great place to work and it's a great company that does important work. But airlines are not an investment." Keep in mind, Robert Crandall isn't just another stock picker or analyst. He's a former airline executive who has won countless awards for his work in the airline industry. If he doesn't believe airlines are investable, how should we? http://www.fool.com/inve...-wont-make-you-ric.aspx[/quote] Where's a credible source?? In the meantime, those who invested in Airline stocks in the US realized an average of +300% gain in the last three years! @afroblk please continue to educate our dear brother @vvs.. He made a huge loss on KQ and that makes him insist that the firm cannot turn a corner.. Today KES 6.50 will print. We are taking off!!! :) I will not touch KQ until the Management & Board have changed. In particular, the guy who pushed (& benefited from) Project Mawingu. To paraphrase Warren Buffett: Do I trust the Management? No, I do not. That informs my decision to invest however attractive the price or the ratios of any firm I look at. I can't buy enough shares to own 25% to influence any NSE firm so I will remain a minority shareholder who relies on the Board/Management to do the right thing. @wazua we now only need to ask ourselves who is it that bought 10.5million KQ shares on Friday at a cost of 63million and whether he/she/they shall be back for more.. Swali nyeti @obiero. add a few zeros to your portfolio No thanks! My heart of iron and balls of steel have developed some chinks.. Waiting for H1 patiently..
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Vol spike last Friday was 10M shares. Yesterday another vol spike of 6M shares. Heavy activity going on. Local insitution? Which one? NSSF? Comparing the two ugly sisters, if one must really marry these gok daughters, MSC is less ugly than KQ. MSC has rammed through a management reset while KQ is still sitting pretty with last year's makeup! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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hisah wrote:Vol spike last Friday was 10M shares.
Yesterday another vol spike of 6M shares.
Heavy activity going on. Local insitution? Which one? NSSF?
Comparing the two ugly sisters, if one must really marry these gok daughters, MSC is less ugly than KQ.
MSC has rammed through a management reset while KQ is still sitting pretty with last year's makeup! The issues in the sugar industry are more complex than rocket science. How else can u explain Brazilian sugar in Mumias packets! KQ I have already told u, shall turn in a profit in H1.. Its time to load up! 18m bought in the last four days and counting..
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@obiero - watch this clip. KQ is a distance down there! Ethiopian Airlines Make More Profit Than All Other African Carriers Combined$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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Thanks @hisah but Ethiopian is not a commercial airline in the strict sense. Its cost per ticket is subsidized by the state heavily. Its staff are grossly underpaid and not unionaisable.. Further, the state bears the cost in purchase of the actual craft, so very low capex
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Etihad delegation checking in today for a meeting...they want KQ to handle them amongst other things. possunt quia posse videntur
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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obiero wrote:Thanks @hisah but Ethiopian is not a commercial airline in the strict sense. Its cost per ticket is subsidized by the state heavily. Its staff are grossly underpaid and not unionaisable.. Further, the state bears the cost in purchase of the actual craft, so very low capex Exactly gok should use those strategies if indeed KQ is to big to fail. Also borrow better ones from Emirates, Etihad, Qatar and Singapore. But before that top heads need to roll (and some handcuffed for financial rape) and take a sizable pay cut then the rest of the staff. Also kick out that bankster called citi and co and kill those rogue hedges.
KQ is a financial crime scene at the moment.
As for TA, if that volume spike doesn't hold the low at 5 zone, the next slide will be sharp.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 5/20/2010 Posts: 69
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obiero wrote:whiteowl wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Afroblk wrote:[quote=VituVingiSana]Robert Crandall, former CEO of American Airlines: "I've never invested in any airline. I'm an airline manager. I don't invest in airlines. And I always said to the employees of American, 'This is not an appropriate investment. It's a great place to work and it's a great company that does important work. But airlines are not an investment." Keep in mind, Robert Crandall isn't just another stock picker or analyst. He's a former airline executive who has won countless awards for his work in the airline industry. If he doesn't believe airlines are investable, how should we? http://www.fool.com/inve...-wont-make-you-ric.aspx[/quote] Where's a credible source?? In the meantime, those who invested in Airline stocks in the US realized an average of +300% gain in the last three years! @afroblk please continue to educate our dear brother @vvs.. He made a huge loss on KQ and that makes him insist that the firm cannot turn a corner.. Today KES 6.50 will print. We are taking off!!! :) I will not touch KQ until the Management & Board have changed. In particular, the guy who pushed (& benefited from) Project Mawingu. To paraphrase Warren Buffett: Do I trust the Management? No, I do not. That informs my decision to invest however attractive the price or the ratios of any firm I look at. I can't buy enough shares to own 25% to influence any NSE firm so I will remain a minority shareholder who relies on the Board/Management to do the right thing. @wazua we now only need to ask ourselves who is it that bought 10.5million KQ shares on Friday at a cost of 63million and whether he/she/they shall be back for more.. Swali nyeti @obiero. add a few zeros to your portfolio No thanks! My heart of iron and balls of steel have developed some chinks.. Waiting for H1 patiently.. perhaps you wont have to wait for too long Lets see who they put in the top seat (if they do) Kenya Airways bosses face the sack in Treasury’s turnaround strategy
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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sl8r wrote:obiero wrote:whiteowl wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Afroblk wrote:[quote=VituVingiSana]Robert Crandall, former CEO of American Airlines: "I've never invested in any airline. I'm an airline manager. I don't invest in airlines. And I always said to the employees of American, 'This is not an appropriate investment. It's a great place to work and it's a great company that does important work. But airlines are not an investment." Keep in mind, Robert Crandall isn't just another stock picker or analyst. He's a former airline executive who has won countless awards for his work in the airline industry. If he doesn't believe airlines are investable, how should we? http://www.fool.com/inve...-wont-make-you-ric.aspx[/quote] Where's a credible source?? In the meantime, those who invested in Airline stocks in the US realized an average of +300% gain in the last three years! @afroblk please continue to educate our dear brother @vvs.. He made a huge loss on KQ and that makes him insist that the firm cannot turn a corner.. Today KES 6.50 will print. We are taking off!!! :) I will not touch KQ until the Management & Board have changed. In particular, the guy who pushed (& benefited from) Project Mawingu. To paraphrase Warren Buffett: Do I trust the Management? No, I do not. That informs my decision to invest however attractive the price or the ratios of any firm I look at. I can't buy enough shares to own 25% to influence any NSE firm so I will remain a minority shareholder who relies on the Board/Management to do the right thing. @wazua we now only need to ask ourselves who is it that bought 10.5million KQ shares on Friday at a cost of 63million and whether he/she/they shall be back for more.. Swali nyeti @obiero. add a few zeros to your portfolio No thanks! My heart of iron and balls of steel have developed some chinks.. Waiting for H1 patiently.. perhaps you wont have to wait for too long Lets see who they put in the top seat (if they do) Kenya Airways bosses face the sack in Treasury’s turnaround strategy All those senior fellows are going home... possunt quia posse videntur
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Non-cash interventions:
Fuel & staff costs are the 2 major industry costs. Thus;
1. The CS scrap all taxes on Jet Fuel.
2. The two houses focus on pro-business legislation instead of squabbling. Bloated governance, this Katiba?!?
3. The pilots consider the progressive productivity linked pay too.
4. Management desist trying to endear the airline to Kenyans and ponder the story of Jesus of Nazareth.
5. If NBK's 5B Rights is still in limbo, KQ's management must do more with less!
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Rank: New-farer Joined: 7/17/2014 Posts: 15 Location: Geneva
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@Cde Monomotapa, FYI JET A1 is not a taxed commodity and so is KERO Regards,
Jimmy Boy
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Rank: New-farer Joined: 7/9/2010 Posts: 39
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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About this. KQ also extended to end October the use of a larger 777-3 and redeployed it on the Hanoi route in place of a 787-8. The 777-3s were earlier reported to be returned to GECAS if I recall well. Other sources report the 2 787-8s will be flown in beginning of October. Matching capacity to passengers is overall good.
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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"😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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At least suppliers will be paid... possunt quia posse videntur
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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for the next 10 years KQ will be making money for Treasury and Afreximbank. Wanjikus have to forget dividends for as long! Sparkly wrote:The airline business makes money for everyone else except the shareholder.
Money for the plane manufacturers, financiers/lessors, oil companies, pilots and executives but nothing left for the shareholders. As optimistic as I am for KQ and its newer fleet, I Know that operating and financing costs will go up exponentially, offsetting increase in revenues and savings in maintenance. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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sparkly wrote:for the next 10 years KQ will be making money for Treasury and Afreximbank. Wanjikus have to forget dividends for as long! Sparkly wrote:The airline business makes money for everyone else except the shareholder.
Money for the plane manufacturers, financiers/lessors, oil companies, pilots and executives but nothing left for the shareholders. As optimistic as I am for KQ and its newer fleet, I Know that operating and financing costs will go up exponentially, offsetting increase in revenues and savings in maintenance. Ten years! Thats definitely not true. November is near..
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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