Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,069 Location: nairobi
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Spikes wrote:obiero wrote:ArrestedDev wrote:obiero wrote:VituVingiSana wrote:obiero wrote:[quote=ArrestedDev]KQ need to lobby against this new proposal to increase passenger service tax. It will cripple aviation in Kenya as the travel agents puts it. http://www.businessdaily...4/-/37amci/-/index.html[/quote] the tax is fine, what is needed is govt to subsidize cost per ticket similar to how flyET does its pricing Talk about a stupid proposal. Add a tax to tickets. Subsidize the ticket cost. Create jobs for bureaucrats, tenderpreneurs and scam artists like Alex Mbugua. Only crooks or idiots would like such a scheme! hahaha.. we should aim to travel the world or atleast understand what other countries charge for such. a review of 100 bob after 18 years makes people like @vvs state that it's crooked or idiocy.. smh Aviation in Africa is already heavily taxed. This one of the reasons why airlines in Africa fails to prosper. true. atleast you know our dilemma not like @vvs who is a kizingiti @obiero suppose this crap fails to take off immediately after the announcement of reduced loss following disposal of core assets and landing slot at Heathrow airport, will you sell your current stock spontaneously to avert the catastrophe of capital erosion ? I'm in this to win it. only item that would make me consider sell off would be loss in excess of 7.5b H1 2016.2017 we shall see the long awaited profit. it's a guarantee that can only be disapproved by labor unrest or a catastrophe. wazua must note KQ as a high beta stock hence wild movements on share as well as bottom line
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,069 Location: nairobi
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obiero wrote:mlennyma wrote:Impunity wrote:Eti nani ameresign huko?
Naona newsbit hapo chini ya KTN screen.
@maka,niaje? commercial director but resigned earlier although the news serviced today publicly .This man "mbuvi ngunze" looks sincere and humble the senate wants his blood .will it happen? It will happen. Though, I doubt he stole any money, just happened to have signed off on a crooked idea floated by Naikuni. The former CEO stole a lot of money here, the audit will show post #2883 late last year
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:Spikes wrote:obiero wrote:ArrestedDev wrote:obiero wrote:VituVingiSana wrote:obiero wrote:[quote=ArrestedDev]KQ need to lobby against this new proposal to increase passenger service tax. It will cripple aviation in Kenya as the travel agents puts it. http://www.businessdaily...4/-/37amci/-/index.html[/quote] the tax is fine, what is needed is govt to subsidize cost per ticket similar to how flyET does its pricing Talk about a stupid proposal. Add a tax to tickets. Subsidize the ticket cost. Create jobs for bureaucrats, tenderpreneurs and scam artists like Alex Mbugua. Only crooks or idiots would like such a scheme! hahaha.. we should aim to travel the world or atleast understand what other countries charge for such. a review of 100 bob after 18 years makes people like @vvs state that it's crooked or idiocy.. smh Aviation in Africa is already heavily taxed. This one of the reasons why airlines in Africa fails to prosper. true. atleast you know our dilemma not like @vvs who is a kizingiti @obiero suppose this crap fails to take off immediately after the announcement of reduced loss following disposal of core assets and landing slot at Heathrow airport, will you sell your current stock spontaneously to avert the catastrophe of capital erosion ? I'm in this to win it. only item that would make me consider sell off would be loss in excess of 7.5b H1 2016.2017 we shall see the long awaited profit. it's a guarantee that can only be disapproved by labor unrest or a catastrophe. wazua must note KQ as a high beta stock hence wild movements on share as well as bottom line Lakini, @obiero you have been telling us that profits are coming for over a year. Heck, you told us that 2015-16 will be break-even at worst. Instead my gut tells me another loss is on its way! 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: 14,069 Location: nairobi
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obiero wrote:maka wrote:obiero wrote:VituVingiSana wrote:From Genghis/Business Daily:
"The national carrier had by March last year put in place hedging contracts for 79 per cent of its anticipated fuel requirements up to March 31, 2016 and 40 per cent of requirements to March 2017, when the fuel hedge contracts."
“Therefore, we anticipate that the company will still report losses on their fuel derivatives at the end of this financial year 2016, due to the falling oil prices. After the expiry of the contracts, the airline is expected to position itself to benefit from the falling oil prices,” said the Genghis analysts. Old news. No one sane person expects a profit by March 2016.. 18 months.... 18 months from July 2015, implying Q3 2016-2017 @vvs shameless as usual. post #3378 on February 2, 2016
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,069 Location: nairobi
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few weeks to go..operation pride result
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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 Now that the bet is on with @Obiero  Treasury’s Sh10bn bailout loan delay stalls KQ layoffs http://www.businessdaily.../-/5m0p4hz/-/index.html
KQ should be put into bankruptcy. KQ wants a subsidized loan from GoK to pay off employees, some of who should be fired for incompetence and corruption. Why take a loan? Go into bankruptcy and lay them off. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. 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:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob!  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: 14,069 Location: nairobi
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Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b
KQ ABP 4.26
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b If I were you I would dispose at the current 3.80 and deep in in a couple of month at sub 2 and sit pretty. But luckily I am not you! 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: 14,069 Location: nairobi
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Impunity wrote:obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b If I were you I would dispose at the current 3.80 and deep in in a couple of month at sub 2 and sit pretty. But luckily I am not you! we are now up to a high of KES 4.10. dangerously close to my avg buy price of KES 4.5..STILL I stay STILL
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:Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b Dark Forces indeed Meanwhile Williamson announced record profits for selling black tea. KQ results, aje? 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: 14,069 Location: nairobi
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VituVingiSana wrote:obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b Dark Forces indeed Meanwhile Williamson announced record profits for selling black tea. KQ results, aje? this is not an ordinary man's stock. only specialists should attempt. I understand the naivety by most while assessing KQ and I forgive that. Watch and learn how money is made in Kenya
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:VituVingiSana wrote:obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b Dark Forces indeed Meanwhile Williamson announced record profits for selling black tea. KQ results, aje? this is not an ordinary man's stock. only specialists should attempt. I understand the naivety by most while assessing KQ and I forgive that. Watch and learn how money is made in Kenya I have been doing just that... Since I sold my KQ shares. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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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:Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b Dark Forces indeed Meanwhile Williamson announced record profits for selling black tea. KQ results, aje? this is not an ordinary man's stock. only specialists should attempt. I understand the naivety by most while assessing KQ and I forgive that. Watch and learn how money is made in Kenya When is the mountain hike rally? 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:Impunity wrote:Spikes wrote:obiero wrote:few weeks to go..operation pride result @Obiero you are not lucky enough, 10b bailout loan delay to lay off staff. A new all time low MUST print today. Sub 2 bob! the dark forces working in cahoots to bring down the KQ share. loans delay, normally. hata yako personal hudelay, so what about 10b Dark Forces indeed Meanwhile Williamson announced record profits for selling black tea. KQ results, aje? this is not an ordinary man's stock. only specialists should attempt. I understand the naivety by most while assessing KQ and I forgive that. Watch and learn how money is made in Kenya When is the mountain hike rally? The hike just did a THIE UKIUMAGA! 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: 14,069 Location: nairobi
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this editorial in today's paper is the first well thought piece I have read from any paper this year http://www.businessdaily...6/-/oothqdz/-/index.html
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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Forget about borrowing 10bn to pay off redundant, incompetent or thieving staff. Enter into bankruptcy and fire their arses. 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: 14,069 Location: nairobi
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VituVingiSana wrote:Forget about borrowing 10bn to pay off redundant, incompetent or thieving staff. Enter into bankruptcy and fire their arses. labor laws.. and law suits would be cheaper? plus which national airline with substantial govt holding has ever filed for bankruptcy
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:VituVingiSana wrote:Forget about borrowing 10bn to pay off redundant, incompetent or thieving staff. Enter into bankruptcy and fire their arses. labor laws.. and law suits would be cheaper? plus which national airline with substantial govt holding has ever filed for bankruptcy What's the status of Air Tanzania? Why shouldn't an airline with substantial government holding file for bankruptcy instead of wasting taxpayer funds? The Futility of the Government Airline Bailout Government Assistance Does Not Guarantee Business Success https://fee.org/articles...rnment-airline-bailout/
Another airline with government shares goes bankrupt. JAL files for bankruptcy in record failure http://www.japantimes.co...uptcy-in-record-failure/Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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