Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore.. end 2025
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
jerry wrote:mlennyma wrote:Impunity wrote:maka wrote:There was a meeting between the union and McKinsey guys...meeting went well before the union guys said if there is going to be a retrenchment it should cut across all departments and should start with senior management before trickling down to the lower cadre staff....McKinsey guy says that's bullshit...used the exact word...let's just say security guys had to be called to stop a probable fist fight...things are thick. Huyo @McKinsey guy was a Kenyan or a mzungu? If Mzungu then I dont think he actually meant "bullshiet" since junguz use terms like F*ck you, bullshiet to punctuate their sentences! The KQ union rep shoul dhave respomded "same to you". complicating a fatal situation, declare kq insolvent and gava starts a new debt free airline Then a few years later we privatize again and the cycle continues!!! Desktop analysis makes people imagine KQ is like Mumias or Kenol Kobil.. Government will never allow it to go under and they paid 4.6B a few moths ago, to proove this COOP, IMH, KEGN, MTNU
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:jerry wrote:mlennyma wrote:Impunity wrote:maka wrote:There was a meeting between the union and McKinsey guys...meeting went well before the union guys said if there is going to be a retrenchment it should cut across all departments and should start with senior management before trickling down to the lower cadre staff....McKinsey guy says that's bullshit...used the exact word...let's just say security guys had to be called to stop a probable fist fight...things are thick. Huyo @McKinsey guy was a Kenyan or a mzungu? If Mzungu then I dont think he actually meant "bullshiet" since junguz use terms like F*ck you, bullshiet to punctuate their sentences! The KQ union rep shoul dhave respomded "same to you". complicating a fatal situation, declare kq insolvent and gava starts a new debt free airline Then a few years later we privatize again and the cycle continues!!! Desktop analysis makes people imagine KQ is like Mumias or Kenol Kobil.. Government will never allow it to go under and they paid 4.6B a few moths ago, to proove this Even Mumias got a 2B bailout and still waiting for more on the same Treasury queue with KQ. Obsession analysis is dangerous and naive too! The same government tolerates impunity. Under its watch Naikuni and his accomplices-your buddy Alex-plundered KQ resources. And you @obiero cheered at top-most of your vocal on how competent Alex was by receiving kickbacks and implementing economically unsound Project Mawingu now defunct. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
|
Spikes wrote:obiero wrote:jerry wrote:mlennyma wrote:Impunity wrote:maka wrote:There was a meeting between the union and McKinsey guys...meeting went well before the union guys said if there is going to be a retrenchment it should cut across all departments and should start with senior management before trickling down to the lower cadre staff....McKinsey guy says that's bullshit...used the exact word...let's just say security guys had to be called to stop a probable fist fight...things are thick. Huyo @McKinsey guy was a Kenyan or a mzungu? If Mzungu then I dont think he actually meant "bullshiet" since junguz use terms like F*ck you, bullshiet to punctuate their sentences! The KQ union rep shoul dhave respomded "same to you". complicating a fatal situation, declare kq insolvent and gava starts a new debt free airline Then a few years later we privatize again and the cycle continues!!! Desktop analysis makes people imagine KQ is like Mumias or Kenol Kobil.. Government will never allow it to go under and they paid 4.6B a few moths ago, to proove this Even Mumias got a 2B bailout and still waiting for more on the same Treasury queue with KQ. Obsession analysis is dangerous and naive too! The same government tolerates impunity. Under its watch Naikuni and his accomplices-your buddy Alex-plundered KQ resources. And you @obiero cheered at top-most of your vocal on how competent Alex was by receiving kickbacks and implementing economically unsound Project Mawingu now defunct. Highlight only one post in wazua or elsewhere where I have supported Alex COOP, IMH, KEGN, MTNU
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:here goes the mini essay on KQ turnaround in order of financial impact:
1. Route optimisation that has seen rescheduling of primary source markets to enhance efficieny has been noted to rake in increasing annual revenue to over KES 118B in current financial year. This is also on the back of lower fuel cost
2. Sale/lease of underutilised assets will save KQ over KES 3.5B per annum with expected once off revenue of KES 9.2B in current financial year
3. Renegotiation of loan tenor for outstanding facilities was a touch of genius, with expected easing of KES 3.5B in fleet ownership costs per year
4. Staff productivity management has seen improvement of OTP to levels last seen in the early 90s. Further, the HOTAC cashflow dampener has been arrested by onward forwarding of costs to the crew, for identified cases of laxity, saving KQ an average of KES 1,650,000 per successful trip
KQ is on the right track and shall post a massively improved financial position, with an operating profit and a cutback of the overall loss element by over KES 18B in the current financial year ending 31.03.2016 @wazua Bookmark this post.. Thanks for posting, bookmark added. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,335 Location: Masada
|
obiero wrote:jerry wrote:mlennyma wrote:Impunity wrote:maka wrote:There was a meeting between the union and McKinsey guys...meeting went well before the union guys said if there is going to be a retrenchment it should cut across all departments and should start with senior management before trickling down to the lower cadre staff....McKinsey guy says that's bullshit...used the exact word...let's just say security guys had to be called to stop a probable fist fight...things are thick. Huyo @McKinsey guy was a Kenyan or a mzungu? If Mzungu then I dont think he actually meant "bullshiet" since junguz use terms like F*ck you, bullshiet to punctuate their sentences! The KQ union rep shoul dhave respomded "same to you". complicating a fatal situation, declare kq insolvent and gava starts a new debt free airline Then a few years later we privatize again and the cycle continues!!! Desktop analysis makes people imagine KQ is like Mumias or Kenol Kobil.. Government will never allow it to go under and they paid 4.6B a few moths ago, to proove this @Obiero, your 25 Billion cum Bailour aka Loan is approved! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,335 Location: Masada
|
And the price has jumped to Kes. 4.45 from Kes.4.15 last Friday! Prophet Obiero! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
Impunity wrote:And the price has jumped to Kes. 4.45 from Kes.4.15 last Friday!
Prophet Obiero! In the short run nowhere that rally is headed. That is loan money sugar coated as stimulus package aka bailout. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,335 Location: Masada
|
Spikes wrote:Impunity wrote:And the price has jumped to Kes. 4.45 from Kes.4.15 last Friday!
Prophet Obiero! In the short run nowhere that rally is headed. That is loan money sugar coated as stimulus package aka bailout. Waiting for @Obiero to give us the heading, meanwhile I am placing order to buy 200 shares today #4.25 Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Veteran Joined: 7/1/2014 Posts: 928 Location: sky
|
http://www.businessdailyafrica.com/Corporate-News/KQ-gets-Sh20bn-bailout-cash-from-mini-budget/-/539550/3126376/-/yrtm1/-/index.htmltreasury secretary Henry Rotich said the financing aims to stabilise the carrier and leave space for the owners to think about its strategic direction. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
@Obiero must be having orgasms at this news Life is short. Live passionately.
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore.. end 2025
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|