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Kenya Airways...why ignore..
VituVingiSana
#4461 Posted : Thursday, June 16, 2016 7:25:15 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
obiero wrote:
Spikes wrote:
obiero wrote:
nzalela wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Quite stupid to have a loss-making "National Carrier" when another stronger airline could be rise from the ashes.

If GoK is going to finance/bail out the airline, why not bail out every failing enterprise?
Even worse, KQ is in it's current state largely because of corruption AND incompetence NOT circumstances beyond their control.

The CFO was on the take. Even an ardent supporter like @Obiero will tell you that.
The Finance Staff was siphoning money through funny deals.
The former CEO was arrogantly saying he would rather raise cows.

This bullshit of 'sovereignty', 'national airlines', etc has been fed to us by crooks.
Why not reduce taxes by 20bn on enterprises that CREATE value? Give the factories a tax break. They create jobs for Kenyans. Give the farmers a tax break. They create real wealth. The tea farmers complain of high taxes, the coffee farmers of cartels, the pyrethrum farmers of delayed payments.

I support and fly KQ as an AIRLINE but I cannot support the BUSINESS.

KQ has always been profitable. If I could I would buy the entire airline and make it tick. Rapid expansion and the attendant corrupted environment did us in.. However, at the moment we are on track to profits in less than 9months. The audits have also strengthened control. PJT are yet to show the silver bullet, which would turn fortunes.. Let's wait and see

@Obiero - If you step back as a shareholder... think what's best for KQ and Kenya.

KQ can still operate in 'bankruptcy' [let's use RESTRUCTURING] without the need to take on more loans subsidized or guaranteed by taxpayers. Employees can sue the 'old' KQ [call it KQ] but a new KQ [call it Phoenix] can still fly using planes leased or bought from KQ.

Phoenix hires or leases staff from KQ. The good staff. None of those incompetent or corrupt staff. Mbuvi would hopefully know who is who.

Phoenix hires or leases aircraft from KQ. The aircraft it needs. Mbuvi would hopefully know what he needs. Some of the aircraft leases can even be transferred to Phoenix from KQ.

Phoenix can enter into new deals with suppliers without the 'kickbacks' negotiated by Mbugua & his team. Genuine suppliers will be pissed off at KQ but many will understand and supply Phoenix as long as Phoenix pays.

The same goes for agents, etc.

It's not an easy path but I would rather have a SMALLER but PROFITABLE airline that is sustainable.

KQ's Operating Profit will be eaten up by staff rationalization. Under Phoenix, there are no staff to fire since they are either staff KQ wants OR have leased from KQ.

If KQ needs 10bn to pay off staff then 2016-17 will be a huge charge for that which will drag down the PBT back into loss territory.

We need a sane discussion about bailing out taxpayer funded zombie firms. I believe that zombie firms should be killed off [Walking Dead] and let the 'phoenix' rise if there is one inside.



It would work in other industries but not in aviation. The Air Operators Certificate is the license an airline needs to operate and is issued after demonstrating sufficient managerial,financial and safety capacities. If you shut down your AOC goes down with you and if you change even a coma in your name you have to start the process from scratch. Just an example ...Jambo jet after 2 years still does not have its own AOC and is thus operating on KQ's AOC.By the time the new "KQ phoenix " gets its licence the market share will be cleaned out by vulture foreighn airlines. There is also lots of goodwill embedded in the brand in terms of supplier credit,airport passenger handling experience, airport landing slots and most important the regulators i.e KCAA,IATA.

I wouldnt call KQ a zombie airline. They have solid revenues, a functional operations system and an enviable african footprint. At some point last year for a month during the summer schedule they hit the ever elusive 80% cabin factor. They have just been overspending and wasting the cash. Mckinsey are doing a decent job so far in curbing the waste.Once they get bailout funds plus a solid management team with aviation experience KQ will be back on track. Delta was in similar shape but look at it now.

Question is....Is the board willing to take the necessary management change steps? Is there a serious conflict of interest even within the board.?The longer they wait the harder it becomes.

lovely insights from @nzalela.. simply accurate and eye opening to the blind. KQ is a long term holding for the bold investor. Timid men and women should keep distance and comment on other stocks such as HAFR, KK & Mumias



@obiero you mean to assert that KK is a new, abnormal zombie at the exchange?

nope. just don't like the share personally and one of it's most vocal proponents. wanted to rub the dude, the wrong way
Laughing out loudly Laughing out loudly Laughing out loudly Now who would that be?

@Obiero - Have you received, receive or have been promised to receive perks, upgrades, compensation from KQ or a PR agency?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Sam_Kibs
#4462 Posted : Thursday, June 16, 2016 10:36:45 AM
Rank: New-farer


Joined: 7/1/2015
Posts: 67
@Obiero, Kindly,when are the FY results being released? any idea
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
hisah
#4463 Posted : Thursday, June 16, 2016 11:04:01 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Sam_Kibs wrote:
@Obiero, Kindly,when are the FY results being released? any idea

Investor's Briefing on July 30, 2015 at Intercontinental <- Still pointing to last year's date Shame on you
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
VituVingiSana
#4464 Posted : Thursday, June 16, 2016 11:10:23 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
hisah wrote:
Sam_Kibs wrote:
@Obiero, Kindly,when are the FY results being released? any idea

Investor's Briefing on July 30, 2015 at Intercontinental <- Still pointing to last year's date Shame on you
Coz nothing to shout about...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#4465 Posted : Thursday, June 16, 2016 11:14:02 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,763
Location: nairobi
VituVingiSana wrote:
hisah wrote:
Sam_Kibs wrote:
@Obiero, Kindly,when are the FY results being released? any idea

Investor's Briefing on July 30, 2015 at Intercontinental <- Still pointing to last year's date Shame on you
Coz nothing to shout about...

Thursday 30.06.16

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
enyands
#4466 Posted : Thursday, June 16, 2016 9:47:57 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
obiero wrote:
VituVingiSana wrote:
hisah wrote:
Sam_Kibs wrote:
@Obiero, Kindly,when are the FY results being released? any idea

Investor's Briefing on July 30, 2015 at Intercontinental <- Still pointing to last year's date Shame on you
Coz nothing to shout about...

Thursday 30.06.16



We are reviewing the entire structure of management to ensure that we have the best people running KQ,” said Mr Macharia, while declining to discuss whether the chief executive Mbuvi Ngunze will be affected. “We are changing management on all levels. This is not a secret. You have seen us asking people at senior levels to leave. We shall be restoring capacity in terms of management.”
ArrestedDev
#4467 Posted : Friday, June 17, 2016 5:06:03 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
enyands wrote:
obiero wrote:
VituVingiSana wrote:
hisah wrote:
Sam_Kibs wrote:
@Obiero, Kindly,when are the FY results being released? any idea

Investor's Briefing on July 30, 2015 at Intercontinental <- Still pointing to last year's date Shame on you
Coz nothing to shout about...

Thursday 30.06.16



We are reviewing the entire structure of management to ensure that we have the best people running KQ,” said Mr Macharia, while declining to discuss whether the chief executive Mbuvi Ngunze will be affected. “We are changing management on all levels. This is not a secret. You have seen us asking people at senior levels to leave. We shall be restoring capacity in terms of management.”


But he needs to act fast enough.Fresh thinking is what is needed very fast otherwise it will end up taking too long to resuscitate it. Look at Uchumi, several measures have been taken but it is far from winning back the confidence of the consumers and suppliers.

http://www.businessdaily...1/-/nx5uch/-/index.html

http://www.nation.co.ke/.../-/lfax3sz/-/index.html

http://www.standardmedia...sport-cs-james-macharia

Another article by the Star below.

http://www.the-star.co.k...ts-at-ceo-exit_c1370639
Ericsson
#4468 Posted : Friday, June 17, 2016 6:32:58 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,778
Location: NAIROBI
British Airways and Lufthansa Airlines have expanded their operations in Kenya with an increase in the number of weekly flights between Europe and Kenya.
China Southern Airlines are taking control of the long haul Nairobi-Guanghzou
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#4469 Posted : Friday, June 17, 2016 7:20:05 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,763
Location: nairobi
Ericsson wrote:
British Airways and Lufthansa Airlines have expanded their operations in Kenya with an increase in the number of weekly flights between Europe and Kenya.
China Southern Airlines are taking control of the long haul Nairobi-Guanghzou

that's true, which reinforces the long held opinion that the market is profitable, it's thuggery that ailed KQ.. Naikuni made off with billions. but luckily, thugs never live long enough to fully enjoy proceeds of crime

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
ArrestedDev
#4470 Posted : Friday, June 17, 2016 8:05:56 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
Ericsson wrote:
British Airways and Lufthansa Airlines have expanded their operations in Kenya with an increase in the number of weekly flights between Europe and Kenya.
China Southern Airlines are taking control of the long haul Nairobi-Guangzhou

that's true, which reinforces the long held opinion that the market is profitable, it's thuggery that ailed KQ.. Naikuni made off with billions. but luckily, thugs never live long enough to fully enjoy proceeds of crime


They are taking advantage of the dramatic reduction in capacity by KQ especially in AMS and LHR. KQ have also failed to a great extent to connect China and Nairobi. China Southern is taking advantage of passengers originating from Shanghai, Beijing and other Chinese cities to route them via Guangzhou. ET is making a quick kill in these Asian routes. There is a lot of Chinese investments going on in Africa.
Gatheuzi
#4471 Posted : Friday, June 17, 2016 10:40:47 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
obiero
#4472 Posted : Friday, June 17, 2016 6:21:02 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,763
Location: nairobi
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired.
Only the mercurial Mbuvi Ngunze remains upright, standing..
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
enyands
#4473 Posted : Friday, June 17, 2016 6:25:55 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
obiero wrote:
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Only Ngunze remains with COO, HR, Flight Ops, all resigned or fired.
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured



Obiero as a deputy ceo he witnessed the eating.if you don't say anything g about the eating then you are part of it. He should have been a whistle blower .he is not as white as RAO kama pamba
obiero
#4474 Posted : Friday, June 17, 2016 7:03:45 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,763
Location: nairobi
obiero wrote:
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired.
Only the mercurial Mbuvi Ngunze remains upright, standing..
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured

@enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
enyands
#4475 Posted : Friday, June 17, 2016 8:52:45 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
obiero wrote:
obiero wrote:
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired.
Only the mercurial Mbuvi Ngunze remains upright, standing..
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured

@enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow



Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed
obiero
#4476 Posted : Friday, June 17, 2016 9:04:52 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,763
Location: nairobi
enyands wrote:
obiero wrote:
obiero wrote:
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired.
Only the mercurial Mbuvi Ngunze remains upright, standing..
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured

@enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow



Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed

the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
enyands
#4477 Posted : Friday, June 17, 2016 11:04:04 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
obiero wrote:
enyands wrote:
obiero wrote:
obiero wrote:
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired.
Only the mercurial Mbuvi Ngunze remains upright, standing..
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured

@enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow



Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed

the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online



Trump is a poor politician but you are right ,what keeps trump going is he knows how to make media dance to his tune.
muandiwambeu
#4478 Posted : Saturday, June 18, 2016 8:53:37 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
enyands wrote:
obiero wrote:
enyands wrote:
obiero wrote:
obiero wrote:
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired.
Only the mercurial Mbuvi Ngunze remains upright, standing..
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured

@enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow



Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed

the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online



Trump is a poor politician but you are right ,what keeps trump going is he knows how to make media dance to his tune.

politics is not about wealth creation, politics is all about power, power is about money and authority. money is a measure of wealth as a legal trusted tender. Money by itself is not wealth. publicity will make your partying popular to many hungry revellers but won't make u preserve ur meal that much neither make u wealthy.
,Behold, a sower went forth to sow;....
Ericsson
#4479 Posted : Saturday, June 18, 2016 3:35:25 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,778
Location: NAIROBI
@Obiero
Do you think KQ will be able to reclaim the business taken over by China Southern Airlines,British Airways and Lufthansa.?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
enyands
#4480 Posted : Saturday, June 18, 2016 3:53:15 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
muandiwambeu wrote:
enyands wrote:
obiero wrote:
enyands wrote:
obiero wrote:
obiero wrote:
Gatheuzi wrote:
I don't know how Naikuni is doing with his cows but during the 2016 Annual meeting we this insight from Warren and Charlie about ranches:

One of the audience questions from the Berkshire meeting was from a young man whose family owns a cattle ranch. Below is the dialogue of the Q&A:

Rancher: My family runs some cattle ranches down in Flagstaff, Arizona. And that’s kind of what my question pertains to. I am curious on your thoughts as it relates to the expanding global population and investing in cattle and if you think it is wise. Thank you.

Charlie Munger: I think it is one of the worst business I can imagine for somebody like us.

Warren Buffett: There is nothing personal about it.

Charlie Munger: Not only is it a bad business, but we have no aptitude for it.

Warren Buffett: Some people have done well in it.

Charlie Munger: They have one good year every twenty years or something.

Warren Buffett: I know a few people who have done reasonably well in cattle, but they usually own banks on the side or something.

Charlie Munger: Somebody has to occupy the tough niches in the economy. We need you.

All the best to Naikuni.

The board and c suite at KQ is obliterated. Chair Evanson Mwaniki, Board member Nduva Muli, COO Yves Guibert, HR Alban Mwendar, Flight Ops Captain Mwangi, Fleet Rick Sine all resigned, suspended or fired.
Only the mercurial Mbuvi Ngunze remains upright, standing..
Kenyans should know when to stop hounding people out of office. Institutional memory should be treasured

@enyands some offices have rotten leaders but able workers.. I know the gentleman personally and for certain, this is a witch hunt. However for the sake of sanity to the share, he should take a bow



Hello hello is this obiero ? You finally want him to resign ??? Vvs has his answer then ,the reason why you too much into kq is because you know nguze guy personally .all in all thank you for admitting that he has to go.case closed

the guy has weaknesses, in particular his handling of the media is wanting. his lack of acceptance to join social media is a good terrible goof since CEO peers are online



Trump is a poor politician but you are right ,what keeps trump going is he knows how to make media dance to his tune.

politics is not about wealth creation, politics is all about power, power is about money and authority. money is a measure of wealth as a legal trusted tender. Money by itself is not wealth. publicity will make your partying popular to many hungry revellers but won't make u preserve ur meal that much neither make u wealthy.



You missed my point terribly . I meant if nguze could know how to appease the media like DT then he would look to be fairing well even when failing and win public confidence . I didn't bring issue of wealth and media in my comments.sorry rudi ukasome tena.its free of charge
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