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Kenya Airways...why ignore..
ArrestedDev
#4781 Posted : Wednesday, July 13, 2016 12:03:01 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
VituVingiSana wrote:
@ArrestedDev - A discussion with a (paid) fanatic will yield little. It's like the Moi days. No matter how bad it got, the (paid) cheerleaders would praise the chap.


Yeah, chama cha baba na mama. Arguing against the facts.
ArrestedDev
#4782 Posted : Wednesday, July 13, 2016 12:05:49 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
Othelo wrote:
maka wrote:
Final figures ;110 management side gone + 99 unionisable;next phase coming soon;They managed this thing pretty well,took guys to Future planning classes actually all staff HAD to attend,the union negotiated that laid off staff have their medical cover run for the rest of the year + they were exempted from some tax ( will confirm this );then when you were called to get your letter you cleared with all departments to avoid guys who have been laid off coming back to the airport to clear.

209 sent home Vs expected 600 and pilots and cabin crew intact. Nothing doing here Sad Sad Sad


39 pursers were chujwad btw its only pilots who werent touched...


Out of the above, are there any from fuel procurement?
ArrestedDev
#4783 Posted : Wednesday, July 13, 2016 12:11:12 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:


At least it will be converted into equity and I hope the treasury push for the creation of preference shares. It is a wait and see approach.
Swenani
#4784 Posted : Wednesday, July 13, 2016 12:13:08 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
ArrestedDev wrote:
maka wrote:
Othelo wrote:
maka wrote:
Final figures ;110 management side gone + 99 unionisable;next phase coming soon;They managed this thing pretty well,took guys to Future planning classes actually all staff HAD to attend,the union negotiated that laid off staff have their medical cover run for the rest of the year + they were exempted from some tax ( will confirm this );then when you were called to get your letter you cleared with all departments to avoid guys who have been laid off coming back to the airport to clear.

209 sent home Vs expected 600 and pilots and cabin crew intact. Nothing doing here Sad Sad Sad


39 pursers were chujwad btw its only pilots who werent touched...


Out of the above, are there any from fuel procurement?


Your contract is about to be cancelled!!!!smile smile smile smile smile
If Obiero did it, Who Am I?
VituVingiSana
#4785 Posted : Wednesday, July 13, 2016 12:16:17 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,190
Location: Nairobi
ArrestedDev wrote:
obiero wrote:


At least it will be converted into equity and I hope the treasury push for the creation of preference shares. It is a wait and see approach.

The Taxpayer will get less than 10bn in equity on a time-value of money. The existing shareholders will get diluted as well. KQ needs to go into "restructuring" [US-style Chapter 11] that allows it to renegotiate all its contracts, loans and (employee) agreements. Kenya needs KQ but a 'fit' KQ not the current bloated one full of debt.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Spikes
#4786 Posted : Wednesday, July 13, 2016 12:30:49 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:


At least it will be converted into equity and I hope the treasury push for the creation of preference shares. It is a wait and see approach.

The Taxpayer will get less than 10bn in equity on a time-value of money. The existing shareholders will get diluted as well. KQ needs to go into "restructuring" [US-style Chapter 11] that allows it to renegotiate all its contracts, loans and (employee) agreements. Kenya needs KQ but a 'fit' KQ not the current bloated one full of debt.



@obiero waterloo! See how this stock is responding to debt burden.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#4787 Posted : Wednesday, July 13, 2016 12:40:04 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,712
Location: nairobi
Spikes wrote:
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:


At least it will be converted into equity and I hope the treasury push for the creation of preference shares. It is a wait and see approach.

The Taxpayer will get less than 10bn in equity on a time-value of money. The existing shareholders will get diluted as well. KQ needs to go into "restructuring" [US-style Chapter 11] that allows it to renegotiate all its contracts, loans and (employee) agreements. Kenya needs KQ but a 'fit' KQ not the current bloated one full of debt.



@obiero waterloo! See how this stock is responding to debt burden.

This stock is responding to negative comments of people like you and @vvs

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
ArrestedDev
#4788 Posted : Wednesday, July 13, 2016 12:53:20 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
Swenani wrote:
ArrestedDev wrote:
maka wrote:
Othelo wrote:
maka wrote:
Final figures ;110 management side gone + 99 unionisable;next phase coming soon;They managed this thing pretty well,took guys to Future planning classes actually all staff HAD to attend,the union negotiated that laid off staff have their medical cover run for the rest of the year + they were exempted from some tax ( will confirm this );then when you were called to get your letter you cleared with all departments to avoid guys who have been laid off coming back to the airport to clear.

209 sent home Vs expected 600 and pilots and cabin crew intact. Nothing doing here Sad Sad Sad


39 pursers were chujwad btw its only pilots who werent touched...


Out of the above, are there any from fuel procurement?


Your contract is about to be cancelled!!!!smile smile smile smile smile


Nope. Without an efficient fuel procurement then all the initiatives to turnaround the Company will be worth nothing. Fuel is the single biggest expense for an airline. Part of the reason why KQ was not able to operate bigger aircrafts is fuel purchased at exorbitant prices.
VituVingiSana
#4789 Posted : Wednesday, July 13, 2016 1:01:09 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,190
Location: Nairobi
@Obiero - Folks follow and believe what you say. I am but a Wazuan with nary the analytical powers you have.

My "positive" pick has only made me 25% in 2 years. Surely, who would act on my analysis of KQ? Not the billionaires like Kirubi and friends. Not KLM. Not GoK. You, on the other hand, have an impeccable sense of timing and analytical skill bar none.
Folks who followed your recommendation on KQ are now millionaires.

Richard Branson: “I’ve always said the easiest way to become a millionaire is to start out as a billionaire and then go into the airline business”.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#4790 Posted : Wednesday, July 13, 2016 1:10:29 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,712
Location: nairobi
ArrestedDev wrote:
Swenani wrote:
ArrestedDev wrote:
maka wrote:
Othelo wrote:
maka wrote:
Final figures ;110 management side gone + 99 unionisable;next phase coming soon;They managed this thing pretty well,took guys to Future planning classes actually all staff HAD to attend,the union negotiated that laid off staff have their medical cover run for the rest of the year + they were exempted from some tax ( will confirm this );then when you were called to get your letter you cleared with all departments to avoid guys who have been laid off coming back to the airport to clear.

209 sent home Vs expected 600 and pilots and cabin crew intact. Nothing doing here Sad Sad Sad


39 pursers were chujwad btw its only pilots who werent touched...


Out of the above, are there any from fuel procurement?


Your contract is about to be cancelled!!!!smile smile smile smile smile


Nope. Without an efficient fuel procurement then all the initiatives to turnaround the Company will be worth nothing. Fuel is the single biggest expense for an airline. Part of the reason why KQ was not able to operate bigger aircrafts is fuel purchased at exorbitant prices.

Aren't the 787 big craft.. Efficiency was the motivation

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
maka
#4791 Posted : Wednesday, July 13, 2016 1:21:31 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
ArrestedDev wrote:
Swenani wrote:
ArrestedDev wrote:
maka wrote:
Othelo wrote:
maka wrote:
Final figures ;110 management side gone + 99 unionisable;next phase coming soon;They managed this thing pretty well,took guys to Future planning classes actually all staff HAD to attend,the union negotiated that laid off staff have their medical cover run for the rest of the year + they were exempted from some tax ( will confirm this );then when you were called to get your letter you cleared with all departments to avoid guys who have been laid off coming back to the airport to clear.

209 sent home Vs expected 600 and pilots and cabin crew intact. Nothing doing here Sad Sad Sad


39 pursers were chujwad btw its only pilots who werent touched...


Out of the above, are there any from fuel procurement?


Your contract is about to be cancelled!!!!smile smile smile smile smile


Nope. Without an efficient fuel procurement then all the initiatives to turnaround the Company will be worth nothing. Fuel is the single biggest expense for an airline. Part of the reason why KQ was not able to operate bigger aircrafts is fuel purchased at exorbitant prices.

Aren't the 787 big craft.. Efficiency was the motivation


No they are notsmile
possunt quia posse videntur
obiero
#4792 Posted : Wednesday, July 13, 2016 1:32:09 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,712
Location: nairobi
maka wrote:
obiero wrote:
ArrestedDev wrote:
Swenani wrote:
ArrestedDev wrote:
maka wrote:
Othelo wrote:
maka wrote:
Final figures ;110 management side gone + 99 unionisable;next phase coming soon;They managed this thing pretty well,took guys to Future planning classes actually all staff HAD to attend,the union negotiated that laid off staff have their medical cover run for the rest of the year + they were exempted from some tax ( will confirm this );then when you were called to get your letter you cleared with all departments to avoid guys who have been laid off coming back to the airport to clear.

209 sent home Vs expected 600 and pilots and cabin crew intact. Nothing doing here Sad Sad Sad


39 pursers were chujwad btw its only pilots who werent touched...


Out of the above, are there any from fuel procurement?


Your contract is about to be cancelled!!!!smile smile smile smile smile


Nope. Without an efficient fuel procurement then all the initiatives to turnaround the Company will be worth nothing. Fuel is the single biggest expense for an airline. Part of the reason why KQ was not able to operate bigger aircrafts is fuel purchased at exorbitant prices.

Aren't the 787 big craft.. Efficiency was the motivation


No they are notsmile

Eish..
Zinabeba watu ngapi??

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
ArrestedDev
#4793 Posted : Wednesday, July 13, 2016 1:32:58 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
Have a look at the below. I am not the only one asking for fresh thinking. Do not mind about the paper that the opinion is published.

Quote:
The airline can only chart a whole new direction with a fresh team. There is a crying need for fresh blood with new thinking and ways of doing things. A paradigm shift that the airline badly needs will remain a mirage if the old guards, steeped in outdated style of management, are still calling the shots.


http://www.nation.co.ke/...8/-/r9j3a4z/-/index.html
karasinga
#4794 Posted : Wednesday, July 13, 2016 10:50:26 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
The most recently confirmed up trendline for kenya airways has an ending point currently at 4.05. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

also the most recently confirmed down trendline for kenya airways has an ending point currently at 4.62. Expect prices to have some difficulty rising above this trendline. A break above this trendline (particularly on heavy volume) would be a bullish sign.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
obiero
#4795 Posted : Thursday, July 14, 2016 7:15:05 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,712
Location: nairobi
karasinga wrote:
The most recently confirmed up trendline for kenya airways has an ending point currently at 4.05. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

also the most recently confirmed down trendline for kenya airways has an ending point currently at 4.62. Expect prices to have some difficulty rising above this trendline. A break above this trendline (particularly on heavy volume) would be a bullish sign.

Bolingo bands ;)

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
karasinga
#4796 Posted : Thursday, July 14, 2016 8:13:43 AM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
obiero wrote:
karasinga wrote:
The most recently confirmed up trendline for kenya airways has an ending point currently at 4.05. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

also the most recently confirmed down trendline for kenya airways has an ending point currently at 4.62. Expect prices to have some difficulty rising above this trendline. A break above this trendline (particularly on heavy volume) would be a bullish sign.

Bolingo bands ;)

@obiero. In a battle Field you walk with full armoury. you never know what you might need.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
obiero
#4797 Posted : Thursday, July 14, 2016 11:40:06 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,712
Location: nairobi
karasinga wrote:
obiero wrote:
karasinga wrote:
The most recently confirmed up trendline for kenya airways has an ending point currently at 4.05. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

also the most recently confirmed down trendline for kenya airways has an ending point currently at 4.62. Expect prices to have some difficulty rising above this trendline. A break above this trendline (particularly on heavy volume) would be a bullish sign.

Bolingo bands ;)

@obiero. In a battle Field you walk with full armoury. you never know what you might need.

That is soo true. 14 days to go!!!

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
karasinga
#4798 Posted : Thursday, July 14, 2016 5:31:44 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
obiero wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
The most recently confirmed up trendline for kenya airways has an ending point currently at 4.05. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

also the most recently confirmed down trendline for kenya airways has an ending point currently at 4.62. Expect prices to have some difficulty rising above this trendline. A break above this trendline (particularly on heavy volume) would be a bullish sign.

Bolingo bands ;)

@obiero. In a battle Field you walk with full armoury. you never know what you might need.

That is soo true. 14 days to go!!!

@obiero. 14 days to what? just curiosity
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
Swenani
#4799 Posted : Thursday, July 14, 2016 5:44:17 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
karasinga wrote:
obiero wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
The most recently confirmed up trendline for kenya airways has an ending point currently at 4.05. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

also the most recently confirmed down trendline for kenya airways has an ending point currently at 4.62. Expect prices to have some difficulty rising above this trendline. A break above this trendline (particularly on heavy volume) would be a bullish sign.

Bolingo bands ;)

@obiero. In a battle Field you walk with full armoury. you never know what you might need.

That is soo true. 14 days to go!!!

@obiero. 14 days to what? just curiosity


14 days to depression
If Obiero did it, Who Am I?
Othelo
#4800 Posted : Thursday, July 14, 2016 5:47:57 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Swenani wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
The most recently confirmed up trendline for kenya airways has an ending point currently at 4.05. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

also the most recently confirmed down trendline for kenya airways has an ending point currently at 4.62. Expect prices to have some difficulty rising above this trendline. A break above this trendline (particularly on heavy volume) would be a bullish sign.

Bolingo bands ;)

@obiero. In a battle Field you walk with full armoury. you never know what you might need.

That is soo true. 14 days to go!!!

@obiero. 14 days to what? just curiosity


14 days to depression

14 days of cooking!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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