Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Impunity wrote:sparkly wrote:VituVingiSana wrote:obiero wrote:enyands wrote:Spikes wrote:hisah wrote:maka wrote:Spikes wrote:VituVingiSana wrote:whiteowl wrote:Oil is going sub $30 so the $85 hedge will be screwing them 4 times over. Well, Alex made out like a bandit in this Bandit Nation. @Obiero told us Alex was going, going... lakini, wapi??? Every day he remains is a loss to KQ as he pockets all he can. According to The guardian newspaper, one of the most authoritative online media in UK, economists maintain that oil will lick the sea bottom @ $10 a barrel. That will translate to 0.118 times KQ's most outrageous hedging in air transport. In layman's language KQ will continue damaging its revenue 8.5 times the 2016 oil price projection. @obiero What a tragedy? Seen Alex on NTV saying that they have cancelled all hedging contracts. If hedges have been cancelled, that's a good start. But what is the cost of that contract breach? I think the cost of repudiating this contract is larger than clinging to it. If it was easier they could have pulled out earlier unless somebody in management is relishing kickbacks in detriment of Wanjiko. Sad Propaganda itaua wakenya. How much fuel was hedged out of the total a1 requirements for KQ.. Could it be 100%, 50%, 15%?? Let us argue on fact, not emotion So @Obiero, you are the insider. Tell us. Thought the aircrafts are not owned by KQ but some shady offshore entities. How can you sell what you don't own? If u take LOAN from KWFT bank to buy a premio,payable in 36 months then on the 25th months kiumane, you can request KWFT bank (Gikombabranch sana sana) to allow you to sell the car inthe secondary market and pay them the loan balance in lump sum. RIGHT? Yes, you can! To specifically answer your question. The planes in question are owned by KQ, with all recent deliveries leased on AWAS instead of outright purchase which was killing KQ slowly but surely. We should now ask whether KQ got top dollar for the two Boeings, estimated at USD 85m second hand each.. Plus the embakasi land is also on finalization. About KES 15B has been brought in by majestic ngunze. The skies are true blue from where I stand Yep, selling assets makes one 'majestic' and a great manager. It's so hard to sell assets. Making profits is easy but selling assets... that's where skills are needed. In the meantime, the KK folks are growing profits instead of selling assets. As is KenRe. Or Unga. And I&M. Jilted lovers can never be pleased, no matter how genuine the intention Battered Husband Syndrome. Going back to Alex no matter how much he (lovingly) shafts one.   https://www.youtube.com/watch?v=5j482ajpNEY Special for @Obiero & friends. KQ is certain to post vastly improved results for the full year and going forward, the rationalized fleet shall deliver promise of steady earnings. Its about time for my re.entry of additional stake Choices have consequences. Let's forget emotions. Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall. All the king's horses and all the king's men Couldn't put Humpty together again. I have limited funds. I have to choose between KQ & KK/KenRe/I&M/Unga/Williamson. Each of the firms except KQ was/is/will be profitable in 2015-16. Each except KQ has little or no debt. Banks business is money so their 'debt' is different. Each except KQ is likely to pay a dividend in 2016. Each except KQ has (IMHO) good management not crooks. Each except KQ & KenRe has directors who are or represent significant shareholders. Biwott's lawyer is on KK's board. The Israelis are represented on KK's management. I&M has the Shah brothers & their father as directors of the subsidiary banks. Unga has Andrew Ndegwa as a director. Nick represents Seaboard. Philip Magor & his son are directors in Williamson. Each except KQ & KenRe has no significant GoK control/ownership. Each except KQ is either cash rich OR has a low Debt:Equity Ratio. Very important in a slow(ing) economy and turbulent markets. KK has benefitted from low oil prices & keeps on reducing its debt. Each except KQ has POSITIVE Shareholders' Equity. @Obiero - Good Luck with KQ. Asante tena sana. Remember only get to 5,000 then halt. Upon release of full results I intend to have capacity to upload upto 65,000 more, depending on what I analyse at that time @obiero for speculation you can hammer a killing in the short run. After earning atleast 20% of your seed capital bailout walk to the bank majestically smiling. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Spikes wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Impunity wrote:sparkly wrote:VituVingiSana wrote:obiero wrote:enyands wrote:Spikes wrote:hisah wrote:maka wrote:Spikes wrote:VituVingiSana wrote:whiteowl wrote:Oil is going sub $30 so the $85 hedge will be screwing them 4 times over. Well, Alex made out like a bandit in this Bandit Nation. @Obiero told us Alex was going, going... lakini, wapi??? Every day he remains is a loss to KQ as he pockets all he can. According to The guardian newspaper, one of the most authoritative online media in UK, economists maintain that oil will lick the sea bottom @ $10 a barrel. That will translate to 0.118 times KQ's most outrageous hedging in air transport. In layman's language KQ will continue damaging its revenue 8.5 times the 2016 oil price projection. @obiero What a tragedy? Seen Alex on NTV saying that they have cancelled all hedging contracts. If hedges have been cancelled, that's a good start. But what is the cost of that contract breach? I think the cost of repudiating this contract is larger than clinging to it. If it was easier they could have pulled out earlier unless somebody in management is relishing kickbacks in detriment of Wanjiko. Sad Propaganda itaua wakenya. How much fuel was hedged out of the total a1 requirements for KQ.. Could it be 100%, 50%, 15%?? Let us argue on fact, not emotion So @Obiero, you are the insider. Tell us. Thought the aircrafts are not owned by KQ but some shady offshore entities. How can you sell what you don't own? If u take LOAN from KWFT bank to buy a premio,payable in 36 months then on the 25th months kiumane, you can request KWFT bank (Gikombabranch sana sana) to allow you to sell the car inthe secondary market and pay them the loan balance in lump sum. RIGHT? Yes, you can! To specifically answer your question. The planes in question are owned by KQ, with all recent deliveries leased on AWAS instead of outright purchase which was killing KQ slowly but surely. We should now ask whether KQ got top dollar for the two Boeings, estimated at USD 85m second hand each.. Plus the embakasi land is also on finalization. About KES 15B has been brought in by majestic ngunze. The skies are true blue from where I stand Yep, selling assets makes one 'majestic' and a great manager. It's so hard to sell assets. Making profits is easy but selling assets... that's where skills are needed. In the meantime, the KK folks are growing profits instead of selling assets. As is KenRe. Or Unga. And I&M. Jilted lovers can never be pleased, no matter how genuine the intention Battered Husband Syndrome. Going back to Alex no matter how much he (lovingly) shafts one. https://www.youtube.com/watch?v=5j482ajpNEY Special for @Obiero & friends. KQ is certain to post vastly improved results for the full year and going forward, the rationalized fleet shall deliver promise of steady earnings. Its about time for my re.entry of additional stake Choices have consequences. Let's forget emotions. Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall. All the king's horses and all the king's men Couldn't put Humpty together again. I have limited funds. I have to choose between KQ & KK/KenRe/I&M/Unga/Williamson. Each of the firms except KQ was/is/will be profitable in 2015-16. Each except KQ has little or no debt. Banks business is money so their 'debt' is different. Each except KQ is likely to pay a dividend in 2016. Each except KQ has (IMHO) good management not crooks. Each except KQ & KenRe has directors who are or represent significant shareholders. Biwott's lawyer is on KK's board. The Israelis are represented on KK's management. I&M has the Shah brothers & their father as directors of the subsidiary banks. Unga has Andrew Ndegwa as a director. Nick represents Seaboard. Philip Magor & his son are directors in Williamson. Each except KQ & KenRe has no significant GoK control/ownership. Each except KQ is either cash rich OR has a low Debt:Equity Ratio. Very important in a slow(ing) economy and turbulent markets. KK has benefitted from low oil prices & keeps on reducing its debt. Each except KQ has POSITIVE Shareholders' Equity. @Obiero - Good Luck with KQ. Asante tena sana. Remember only get to 5,000 then halt. Upon release of full results I intend to have capacity to upload upto 65,000 more, depending on what I analyse at that time @obiero for speculation you can hammer a killing in the short run. After earning atleast 20% of your seed capital bailout walk to the bank majestically smiling. 5000 KQ shares KQ is not worth talking about..thats a meager KEE. 25,000 to the most, less than what most of us spend on fuel per month. I think at current prices, one should hold 50,000 KQ shares to start talking! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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@Impunity 1,000,000 shares to be sold after the elections.... possunt quia posse videntur
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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maka wrote:@Impunity 1,000,000 shares to be sold after the elections.... Which erections? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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Impunity wrote:maka wrote:@Impunity 1,000,000 shares to be sold after the elections.... Which erections? Habari ndio hio..
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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Cde Monomotapa wrote:VituVingiSana wrote:[quote=whiteowl]Oil is going sub $30 so the $85 hedge will be screwing them 4 times over. Well, Alex made out like a bandit in this Bandit Nation. @Obiero told us Alex was going, going... lakini, wapi??? Every day he remains is a loss to KQ as he pockets all he can. Mediocre. Incompetence. KQ has a Four way cost collar as per the last published annual report and saved 8B to half year. You're better off in the NGO world @vvs, you'd be recession proof. Upumbavu uache, usome! before you realize it KQ will be a flyimg SDR Jet Fuel Price Risk Management With Four-Way Collars http://www.mercatusenerg...t-With-Four-Way-Collars[/quote] Wahenga walisema: Fools and their money are soon parted by incompetence at KQ. http://www.standardmedia...-bet-that-flew-off-radarGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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Cde Monomotapa wrote:VituVingiSana wrote:[quote=whiteowl]Oil is going sub $30 so the $85 hedge will be screwing them 4 times over. Well, Alex made out like a bandit in this Bandit Nation. @Obiero told us Alex was going, going... lakini, wapi??? Every day he remains is a loss to KQ as he pockets all he can. Mediocre. Incompetence. KQ has a Four way cost collar as per the last published annual report and saved 8B to half year. You're better off in the NGO world @vvs, you'd be recession proof. Upumbavu uache, usome! before you realize it KQ will be a flyimg SDR Jet Fuel Price Risk Management With Four-Way Collars http://www.mercatusenerg...t-With-Four-Way-Collars[/quote] Wahenga walisema: Fools and their money are soon parted by incompetence at KQ.http://www.standardmedia...-bet-that-flew-off-radar Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously..
KQ ABP 4.26
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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obiero wrote:VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously.. Incase it's confirmed? I thought you, @Obiero, is/was an insider! The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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jerry wrote:obiero wrote:VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously.. Incase it's confirmed? I thought you, @Obiero, is/was an insider! The release letter has not been written! It was an EXCO meeting held on Friday evening, to be actioned tomorrow. But stranger things have happened in this country, like Waiguru clinging on for over 9months despite pressure from all over. The flight director is also on the chopping board. HR director Alban Mwendar has survived an exit despite the fact that he was seen to have aided employment of his daughter as a pilot to the airline!
KQ ABP 4.26
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously.. @obiero the rise in share price you are talking about is short lived and less than 9%. The only excitement you will enjoy atmost is a sentimental price of 5bob only in one day and thereafter a nosedive to kes4.5 . Sit tight. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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obiero wrote:jerry wrote:obiero wrote:VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously.. Incase it's confirmed? I thought you, @Obiero, is/was an insider! The release letter has not been written! It was an EXCO meeting held on Friday evening, to be actioned tomorrow. But stranger things have happened in this country, like Waiguru clinging on for over 9months despite pressure from all over. The flight director is also on the chopping board. HR director Alban Mwendar has survived an exit despite the fact that he was seen to have aided employment of his daughter as a pilot to the airline! Too much drama in firms with GoK involvement/ownership/control/influence. In the meantime, KK is looking to reduce its Working Capital requirements [financing costs] as global fuel prices drop. And KenRe [yes, it's GoK] racked up plenty of interest income over the weekend. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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VituVingiSana wrote:obiero wrote:jerry wrote:obiero wrote:VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously.. Incase it's confirmed? I thought you, @Obiero, is/was an insider! The release letter has not been written! It was an EXCO meeting held on Friday evening, to be actioned tomorrow. But stranger things have happened in this country, like Waiguru clinging on for over 9months despite pressure from all over. The flight director is also on the chopping board. HR director Alban Mwendar has survived an exit despite the fact that he was seen to have aided employment of his daughter as a pilot to the airline! Too much drama in firms with GoK involvement/ownership/control/influence. In the meantime, KK is looking to reduce its Working Capital requirements [financing costs] as global fuel prices drop. And KenRe [yes, it's GoK] racked up plenty of interest income over the weekend. Airline industry experts including IATA and just today, Moody's have predicted a turnaround in KQ fortunes, but its better we listen to @vvs who is the real airline and oil expert
KQ ABP 4.26
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:VituVingiSana wrote:obiero wrote:jerry wrote:obiero wrote:VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously.. Incase it's confirmed? I thought you, @Obiero, is/was an insider! The release letter has not been written! It was an EXCO meeting held on Friday evening, to be actioned tomorrow. But stranger things have happened in this country, like Waiguru clinging on for over 9months despite pressure from all over. The flight director is also on the chopping board. HR director Alban Mwendar has survived an exit despite the fact that he was seen to have aided employment of his daughter as a pilot to the airline! Too much drama in firms with GoK involvement/ownership/control/influence. In the meantime, KK is looking to reduce its Working Capital requirements [financing costs] as global fuel prices drop. And KenRe [yes, it's GoK] racked up plenty of interest income over the weekend. Airline industry experts including IATA and just today, Moody's have predicted a turnaround in KQ fortunes, but its better we listen to @vvs who is the real airline and oil expert @obiero you have a big challenge glorifying a dying horse whilst cursing a healthy donkey. Is like telling us a shilling earned pulling/pushing a cart is less than a shilling obtained holding a white collar job in airline industry. Money is money the only difference is the quantity under same territorial boundary. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:jerry wrote:obiero wrote:VituVingiSana wrote:obiero wrote:KQ has REPORTEDLY fired its Finance Director (Alex Mbugua). 03:45 PM - 16 Jan 2016.. Let the games begin! Good times are around the corner.. in 2016, we shall see a profit on KQ. a story is told about two salesmen who visited an island and found that the inhabitants wore no shoes, on returning to brief the HQ, one salesguy lets call him @vvs, said that ''there is no opportunity, these people do not wear shoes'', while the second salesguy @obiero, exclaimed ''we have a huge oppurtunity, these people do not know about shoes''.. perspective is everything in life.. www.logupdateafrica.com/...ct-flights-to-us-by-may/ Lakini, @vvs decided it made more sense to sell [cash, no credit] diesel to @Obiero to fuel his boat... Incase the news on CFO exit is confirmed, expect an immediate jump of the share, im sitting here watching keenly, eagerly, anxiously.. Incase it's confirmed? I thought you, @Obiero, is/was an insider! The release letter has not been written! It was an EXCO meeting held on Friday evening, to be actioned tomorrow. But stranger things have happened in this country, like Waiguru clinging on for over 9months despite pressure from all over. The flight director is also on the chopping board. HR director Alban Mwendar has survived an exit despite the fact that he was seen to have aided employment of his daughter as a pilot to the airline! Too much drama in firms with GoK involvement/ownership/control/influence. In the meantime, KK is looking to reduce its Working Capital requirements [financing costs] as global fuel prices drop. And KenRe [yes, it's GoK] racked up plenty of interest income over the weekend. Airline industry experts including IATA and just today, Moody's have predicted a turnaround in KQ fortunes, but its better we listen to @vvs who is the real airline and oil expert Let's compare notes on KQ since 2012 [when I realized your buddy Alex was nothing but a crook]... @Obiero please stop misquoting Moody's. Please show me where Moody's said KQ's fortunes will be turned around. And you can quote me on KK. I, @VVS, hereby proclaim that KenolKobil will announce much higher FY 2015 profits vs FY 2014. Furthermore, I expect KK to have higher profits than KQ in FY 2016.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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This article by Carol Musyoka says it all... http://www.businessdaily...1/-/odx65f/-/index.html
If you have crooks in the management, it does not matter what else one tries... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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approaching 5
KQ ABP 4.26
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Wazua
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Kenya Airways...why ignore..
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