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Kenya Airways...why ignore..
obiero
#4841 Posted : Sunday, July 17, 2016 3:49:10 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
maka wrote:
obiero wrote:
ArrestedDev wrote:
muandiwambeu wrote:
maka wrote:
obiero wrote:
maka wrote:
obiero wrote:
I have officially stopped the purchase of further KQ shares and now await the ride of a lifetime. The stars are lined up, perfectly.. Thank me later


Will only buy after the results which are bad...and thereafter Ngunze's resignation.

It is unlikely that Ngunze will resign.. He has a name to hold and the turnaround thus far is directly linked to his wisdom.. He has managed the company par excellence as CEO


He is going home...wait and see.

I have also heard, and even after the 11 days I will wait.


Even a mad man knows this guy is among the executives who slept on the job. He is just being protected by the cartels.

I am not a mad man and I have said it here before that Ngunze is a victim of circumstances. He joined KQ in 2011, became CEO in Dec 2014. Should he be blamed for issues that have dogged the firm for years past. I don't think so.... Mr. Mbuvi Ngunze is CEO, Executive Director & Group Managing Director at Kenya Airways Ltd. and Secretary at East African Cement Producers Association.
He is on the Board of Directors at Kenya Airways Ltd., Jambo Jet Ltd., and Lewa Wildlife Conservancy.
Mr. Ngunze was previously employed as Group Vice President-Internal Communications by Lafarge SA, a Managing Director by Hima Cement Ltd., Finance Director by Bamburi Cement Co. Ltd., and Audit Manager by Pricewaterhousecoopers.
He also served on the board at Mbeya Cement Co. Ltd.
He received his undergraduate degree from the University of Nairobi.



He was at all meetings in regards to project mawingu...the mother being one where TN used curse words infront of all managers accusing them of delaying implementation of the strategy...He can have that rosy CV but its time for him to go...even Ciano was well decorated.

Ciano had corruption embedded in his DNA. Similar to Naikuni.. Ngunze on the other hand is clean. Being part of a sinking ship does not mean you did not play your role right.. If assigned to check the sail or engine and I do my part.. Why should I suffer from a coxswain error who decided to go rudderless. Further from human psychology, it is not thinkable that he would hold on upto now, if indeed he was guilty of misdemeanours.. Not with the audit and Senate probe ongoing.. Indeed he could eventually be forced to leave by the mobb but I believe he means well for KQ regardless of whether or not he owns shares in the airline.. Though I would prefer that the CEO hold substantial shares to solidify his passion

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
sparkly
#4842 Posted : Sunday, July 17, 2016 4:07:52 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
maka wrote:
obiero wrote:
ArrestedDev wrote:
muandiwambeu wrote:
maka wrote:
obiero wrote:
maka wrote:
obiero wrote:
I have officially stopped the purchase of further KQ shares and now await the ride of a lifetime. The stars are lined up, perfectly.. Thank me later


Will only buy after the results which are bad...and thereafter Ngunze's resignation.

It is unlikely that Ngunze will resign.. He has a name to hold and the turnaround thus far is directly linked to his wisdom.. He has managed the company par excellence as CEO


He is going home...wait and see.

I have also heard, and even after the 11 days I will wait.


Even a mad man knows this guy is among the executives who slept on the job. He is just being protected by the cartels.

I am not a mad man and I have said it here before that Ngunze is a victim of circumstances. He joined KQ in 2011, became CEO in Dec 2014. Should he be blamed for issues that have dogged the firm for years past. I don't think so.... Mr. Mbuvi Ngunze is CEO, Executive Director & Group Managing Director at Kenya Airways Ltd. and Secretary at East African Cement Producers Association.
He is on the Board of Directors at Kenya Airways Ltd., Jambo Jet Ltd., and Lewa Wildlife Conservancy.
Mr. Ngunze was previously employed as Group Vice President-Internal Communications by Lafarge SA, a Managing Director by Hima Cement Ltd., Finance Director by Bamburi Cement Co. Ltd., and Audit Manager by Pricewaterhousecoopers.
He also served on the board at Mbeya Cement Co. Ltd.
He received his undergraduate degree from the University of Nairobi.



He was at all meetings in regards to project mawingu...the mother being one where TN used curse words infront of all managers accusing them of delaying implementation of the strategy...He can have that rosy CV but its time for him to go...even Ciano was well decorated.

Ciano had corruption embedded in his DNA. Similar to Naikuni.. Ngunze on the other hand is clean. Being part of a sinking ship does not mean you did not play your role right.. If assigned to check the sail or engine and I do my part.. Why should I suffer from a coxswain error who decided to go rudderless. Further from human psychology, it is not thinkable that he would hold on upto now, if indeed he was guilty of misdemeanours.. Not with the audit and Senate probe ongoing.. Indeed he could eventually be forced to leave by the mobb but I believe he means well for KQ regardless of whether or not he owns shares in the airline.. Though I would prefer that the CEO hold substantial shares to solidify his passion


You are aware whose interests the Ngunzes take care of, right? Hint, the other Ngunze is at CBA.
Life is short. Live passionately.
obiero
#4843 Posted : Sunday, July 17, 2016 4:27:11 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
sparkly wrote:
obiero wrote:
maka wrote:
obiero wrote:
ArrestedDev wrote:
muandiwambeu wrote:
maka wrote:
obiero wrote:
maka wrote:
obiero wrote:
I have officially stopped the purchase of further KQ shares and now await the ride of a lifetime. The stars are lined up, perfectly.. Thank me later


Will only buy after the results which are bad...and thereafter Ngunze's resignation.

It is unlikely that Ngunze will resign.. He has a name to hold and the turnaround thus far is directly linked to his wisdom.. He has managed the company par excellence as CEO


He is going home...wait and see.

I have also heard, and even after the 11 days I will wait.


Even a mad man knows this guy is among the executives who slept on the job. He is just being protected by the cartels.

I am not a mad man and I have said it here before that Ngunze is a victim of circumstances. He joined KQ in 2011, became CEO in Dec 2014. Should he be blamed for issues that have dogged the firm for years past. I don't think so.... Mr. Mbuvi Ngunze is CEO, Executive Director & Group Managing Director at Kenya Airways Ltd. and Secretary at East African Cement Producers Association.
He is on the Board of Directors at Kenya Airways Ltd., Jambo Jet Ltd., and Lewa Wildlife Conservancy.
Mr. Ngunze was previously employed as Group Vice President-Internal Communications by Lafarge SA, a Managing Director by Hima Cement Ltd., Finance Director by Bamburi Cement Co. Ltd., and Audit Manager by Pricewaterhousecoopers.
He also served on the board at Mbeya Cement Co. Ltd.
He received his undergraduate degree from the University of Nairobi.



He was at all meetings in regards to project mawingu...the mother being one where TN used curse words infront of all managers accusing them of delaying implementation of the strategy...He can have that rosy CV but its time for him to go...even Ciano was well decorated.

Ciano had corruption embedded in his DNA. Similar to Naikuni.. Ngunze on the other hand is clean. Being part of a sinking ship does not mean you did not play your role right.. If assigned to check the sail or engine and I do my part.. Why should I suffer from a coxswain error who decided to go rudderless. Further from human psychology, it is not thinkable that he would hold on upto now, if indeed he was guilty of misdemeanours.. Not with the audit and Senate probe ongoing.. Indeed he could eventually be forced to leave by the mobb but I believe he means well for KQ regardless of whether or not he owns shares in the airline.. Though I would prefer that the CEO hold substantial shares to solidify his passion


You are aware whose interests the Ngunzes take care of, right? Hint, the other Ngunze is at CBA.

I am fully aware of the same and I believe that his sponsor is incorruptible too

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
Spikes
#4844 Posted : Sunday, July 17, 2016 5:02:55 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
sparkly wrote:
obiero wrote:
maka wrote:
obiero wrote:
ArrestedDev wrote:
muandiwambeu wrote:
maka wrote:
obiero wrote:
maka wrote:
obiero wrote:
I have officially stopped the purchase of further KQ shares and now await the ride of a lifetime. The stars are lined up, perfectly.. Thank me later


Will only buy after the results which are bad...and thereafter Ngunze's resignation.

It is unlikely that Ngunze will resign.. He has a name to hold and the turnaround thus far is directly linked to his wisdom.. He has managed the company par excellence as CEO


He is going home...wait and see.

I have also heard, and even after the 11 days I will wait.


Even a mad man knows this guy is among the executives who slept on the job. He is just being protected by the cartels.

I am not a mad man and I have said it here before that Ngunze is a victim of circumstances. He joined KQ in 2011, became CEO in Dec 2014. Should he be blamed for issues that have dogged the firm for years past. I don't think so.... Mr. Mbuvi Ngunze is CEO, Executive Director & Group Managing Director at Kenya Airways Ltd. and Secretary at East African Cement Producers Association.
He is on the Board of Directors at Kenya Airways Ltd., Jambo Jet Ltd., and Lewa Wildlife Conservancy.
Mr. Ngunze was previously employed as Group Vice President-Internal Communications by Lafarge SA, a Managing Director by Hima Cement Ltd., Finance Director by Bamburi Cement Co. Ltd., and Audit Manager by Pricewaterhousecoopers.
He also served on the board at Mbeya Cement Co. Ltd.
He received his undergraduate degree from the University of Nairobi.



He was at all meetings in regards to project mawingu...the mother being one where TN used curse words infront of all managers accusing them of delaying implementation of the strategy...He can have that rosy CV but its time for him to go...even Ciano was well decorated.

Ciano had corruption embedded in his DNA. Similar to Naikuni.. Ngunze on the other hand is clean. Being part of a sinking ship does not mean you did not play your role right.. If assigned to check the sail or engine and I do my part.. Why should I suffer from a coxswain error who decided to go rudderless. Further from human psychology, it is not thinkable that he would hold on upto now, if indeed he was guilty of misdemeanours.. Not with the audit and Senate probe ongoing.. Indeed he could eventually be forced to leave by the mobb but I believe he means well for KQ regardless of whether or not he owns shares in the airline.. Though I would prefer that the CEO hold substantial shares to solidify his passion


You are aware whose interests the Ngunzes take care of, right? Hint, the other Ngunze is at CBA.

I am fully aware of the same and I believe that his sponsor is incorruptible too




@obiero food for thought.

Prof. Abletor Sedofia from University of Ghana has this to say to us:
*"Academic excellence is overrated! I said it. Being top of your class does not necessarily guarantee that you will be at the top of life. You could graduate as the best student in Finance but*
*it doesn't mean you will make more money than everybody else. The best graduating Law student does not necessarily become the best lawyer. The fact is life requires more than the ability to understand a concept,* *memorise it and reproduce it in an exam. School rewards people for their memory. Life rewards people for their imagination.*
*School rewards caution, life rewards daring. School hails those who live by the rules. Life exalts those who break the rules and set new ones. So do I mean people shouldn't study hard in school? Oh, no, you should.* *But don't sacrifice every other thing on the altar of First Class.*
*Don't limit yourself to the classroom. Do something practical. Take a leadership position. Start a business and fail.* *That's a better Entrepreneurship 101.Join or start a club. Contest an election and lose. It will teach you something Political Science 101 will not teach you.* *Attend a seminar. Read books outside the scope of your course.* *Go on*
*missions and win a soul for eternal rewards... Do something you believe in! Think less of* *becoming an excellent student but think more of becoming an excellent person. Make the world your classroom."*
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#4845 Posted : Sunday, July 17, 2016 5:23:38 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
@spikes that is deep

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
ArrestedDev
#4846 Posted : Sunday, July 17, 2016 6:01:32 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
@spikes that is deep



Yeah, just reflect on it. Sometimes qualifications does not translate to anything. It does not have to confuse you all the time. The HBS short course that he did was even merged long ago with another program and look at who the program target (mid-career executive). See the below link.

Quote:
In 2005, TGMP merged with a closely related program offered by HBS—the Program for Management Development (PMD). The resulting program—the General Management Program (GMP)—launched in September 2006. This program, designed for executives transitioning from functional to general management, provides an ideal leadership development experience for the mid-career executive.


http://www.exed.hbs.edu/...ived/Pages/default.aspx

Ngunze remains a manager who is steeped in outdated style of management and nothing more. On your claim that his sponsor is incorruptible - you are very wrong.
maka
#4847 Posted : Sunday, July 17, 2016 6:30:13 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
ArrestedDev wrote:
obiero wrote:
@spikes that is deep



Yeah, just reflect on it. Sometimes qualifications does not translate to anything. It does not have to confuse you all the time. The HBS short course that he did was even merged long ago with another program and look at who the program target (mid-career executive). See the below link.

Quote:
In 2005, TGMP merged with a closely related program offered by HBS—the Program for Management Development (PMD). The resulting program—the General Management Program (GMP)—launched in September 2006. This program, designed for executives transitioning from functional to general management, provides an ideal leadership development experience for the mid-career executive.


http://www.exed.hbs.edu/...ived/Pages/default.aspx

Ngunze remains a manager who is steeped in outdated style of management and nothing more. On your claim that his sponsor is incorruptible - you are very wrong.


Even TN had/has those Harvard short courses...This guys should have just promoted Yves but siasa ya Kenya smh.
possunt quia posse videntur
nzalela
#4848 Posted : Sunday, July 17, 2016 6:50:34 PM
Rank: New-farer


Joined: 4/11/2016
Posts: 30
Location: Nairobi
obiero wrote:
10+ reasons to believe in operation pride atKQ:
1. End of hedging policy
2. Cut off on HOTAC and other operational expenses
3. Rightsizing of the workforce
4. Fuel efficient planes
5. Route optimization
6. Category 1 status at main hub
7. GoK guaranteed debt at reduced pay out
8. Sale of non critical assets
9. Global reduction in fuel costs
10. Revival in KE tourism
11. Budget carrier for booming middle-class
12. Cleaned-up board and management
13. Debt tenor restructure by main bankers
14. Financial revamp by transaction advisers


Some positives for sure but your list has a serious flaw. Apart from number 5 nothing else touches on the most important aspect of the business THE PRODUCT.

KQ has a terrible product at the moment. Buying a KQ ticket as per the current statistics means either of the following:-

1. There is a 30% probability your bag will be left behind if it is an embraer.
2. 50% probability your flight will be delayed.
3. 10% probabilty your flight will be rescheduled past 6 hours later.
4. 5% probabilty it will be cancelled.

The incoming COO is very decorated on paper and if his stint at Cobalt is anything to go by,he will probably be the "Kq messiah" but only time will tell. Until then the financial moves will only stabilise the company but wont change the prevailing situation.



maka
#4849 Posted : Sunday, July 17, 2016 6:53:05 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
nzalela wrote:
obiero wrote:
10+ reasons to believe in operation pride atKQ:
1. End of hedging policy
2. Cut off on HOTAC and other operational expenses
3. Rightsizing of the workforce
4. Fuel efficient planes
5. Route optimization
6. Category 1 status at main hub
7. GoK guaranteed debt at reduced pay out
8. Sale of non critical assets
9. Global reduction in fuel costs
10. Revival in KE tourism
11. Budget carrier for booming middle-class
12. Cleaned-up board and management
13. Debt tenor restructure by main bankers
14. Financial revamp by transaction advisers


Some positives for sure but your list has a serious flaw. Apart from number 5 nothing else touches on the most important aspect of the business THE PRODUCT.

KQ has a terrible product at the moment. Buying a KQ ticket as per the current statistics means either of the following:-

1. There is a 30% probability your bag will be left behind if it is an embraer.
2. 50% probability your flight will be delayed.
3. 10% probabilty your flight will be rescheduled past 6 hours later.
4. 5% probabilty it will be cancelled.

The incoming COO is very decorated on paper and if his stint at Cobalt is anything to go by,he will probably be the "Kq messiah" but only time will tell. Until then the financial moves will only stabilise the company but wont change the prevailing situation.





Spot on and on the bags its not on the Embraers only even on the dreamliners...they spend quite a bit on delivering bags...but at least now they charge other carriers for such issues.
possunt quia posse videntur
Swenani
#4850 Posted : Sunday, July 17, 2016 7:11:06 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
nzalela wrote:
obiero wrote:
10+ reasons to believe in operation pride atKQ:
1. End of hedging policy
2. Cut off on HOTAC and other operational expenses
3. Rightsizing of the workforce
4. Fuel efficient planes
5. Route optimization
6. Category 1 status at main hub
7. GoK guaranteed debt at reduced pay out
8. Sale of non critical assets
9. Global reduction in fuel costs
10. Revival in KE tourism
11. Budget carrier for booming middle-class
12. Cleaned-up board and management
13. Debt tenor restructure by main bankers
14. Financial revamp by transaction advisers


Some positives for sure but your list has a serious flaw. Apart from number 5 nothing else touches on the most important aspect of the business THE PRODUCT.

KQ has a terrible product at the moment. Buying a KQ ticket as per the current statistics means either of the following:-

1. There is a 30% probability your bag will be left behind if it is an embraer.
2. 50% probability your flight will be delayed.
3. 10% probabilty your flight will be rescheduled past 6 hours later.
4. 5% probabilty it will be cancelled.

The incoming COO is very decorated on paper and if his stint at Cobalt is anything to go by,he will probably be the "Kq messiah" but only time will tell. Until then the financial moves will only stabilise the company but wont change the prevailing situation.





So only 5 % chance you will enjoy your flight?
If Obiero did it, Who Am I?
maka
#4851 Posted : Sunday, July 17, 2016 7:21:05 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Swenani wrote:
nzalela wrote:
obiero wrote:
10+ reasons to believe in operation pride atKQ:
1. End of hedging policy
2. Cut off on HOTAC and other operational expenses
3. Rightsizing of the workforce
4. Fuel efficient planes
5. Route optimization
6. Category 1 status at main hub
7. GoK guaranteed debt at reduced pay out
8. Sale of non critical assets
9. Global reduction in fuel costs
10. Revival in KE tourism
11. Budget carrier for booming middle-class
12. Cleaned-up board and management
13. Debt tenor restructure by main bankers
14. Financial revamp by transaction advisers


Some positives for sure but your list has a serious flaw. Apart from number 5 nothing else touches on the most important aspect of the business THE PRODUCT.

KQ has a terrible product at the moment. Buying a KQ ticket as per the current statistics means either of the following:-

1. There is a 30% probability your bag will be left behind if it is an embraer.
2. 50% probability your flight will be delayed.
3. 10% probabilty your flight will be rescheduled past 6 hours later.
4. 5% probabilty it will be cancelled.

The incoming COO is very decorated on paper and if his stint at Cobalt is anything to go by,he will probably be the "Kq messiah" but only time will tell. Until then the financial moves will only stabilise the company but wont change the prevailing situation.





So only 5 % chance you will enjoy your flight?


Now its much better...in terms of cancellation etc atleast the pilots are settled...job security...OCC is also on point.
possunt quia posse videntur
VituVingiSana
#4852 Posted : Monday, July 18, 2016 9:56:31 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,190
Location: Nairobi
How can you-know-who know the pain of flying KQ when he (probably) receives free upgrades...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
ArrestedDev
#4853 Posted : Monday, July 18, 2016 10:40:38 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
ArrestedDev wrote:
obiero wrote:
@spikes that is deep



Yeah, just reflect on it. Sometimes qualifications does not translate to anything. It does not have to confuse you all the time. The HBS short course that he did was even merged long ago with another program and look at who the program target (mid-career executive). See the below link.

Quote:
In 2005, TGMP merged with a closely related program offered by HBS—the Program for Management Development (PMD). The resulting program—the General Management Program (GMP)—launched in September 2006. This program, designed for executives transitioning from functional to general management, provides an ideal leadership development experience for the mid-career executive.


http://www.exed.hbs.edu/...ived/Pages/default.aspx

Ngunze remains a manager who is steeped in outdated style of management and nothing more. On your claim that his sponsor is incorruptible - you are very wrong.


Even TN had/has those Harvard short courses...This guys should have just promoted Yves but siasa ya Kenya smh.


The same applies to Alex Mbugua.
ArrestedDev
#4854 Posted : Monday, July 18, 2016 10:47:57 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
maka wrote:
nzalela wrote:
obiero wrote:
10+ reasons to believe in operation pride atKQ:
1. End of hedging policy
2. Cut off on HOTAC and other operational expenses
3. Rightsizing of the workforce
4. Fuel efficient planes
5. Route optimization
6. Category 1 status at main hub
7. GoK guaranteed debt at reduced pay out
8. Sale of non critical assets
9. Global reduction in fuel costs
10. Revival in KE tourism
11. Budget carrier for booming middle-class
12. Cleaned-up board and management
13. Debt tenor restructure by main bankers
14. Financial revamp by transaction advisers


Some positives for sure but your list has a serious flaw. Apart from number 5 nothing else touches on the most important aspect of the business THE PRODUCT.

KQ has a terrible product at the moment. Buying a KQ ticket as per the current statistics means either of the following:-

1. There is a 30% probability your bag will be left behind if it is an embraer.
2. 50% probability your flight will be delayed.
3. 10% probabilty your flight will be rescheduled past 6 hours later.
4. 5% probabilty it will be cancelled.

The incoming COO is very decorated on paper and if his stint at Cobalt is anything to go by,he will probably be the "Kq messiah" but only time will tell. Until then the financial moves will only stabilise the company but wont change the prevailing situation.





Spot on and on the bags its not on the Embraers only even on the dreamliners...they spend quite a bit on delivering bags...but at least now they charge other carriers for such issues.


Yeah, it is evident from the complaints registered via twitter and facebook. Part of the problem can be attributed to other sky team carriers but the main issue is to do with KQ's capacity. Dreamliners are now the main stay fleet for moving cargo and less cargo belly is dedicated to pax baggage. The story with E190 is worse, not much space for Cargo and even pax baggage cannot fit if it is a full flight and hence the baggage left behind.
obiero
#4855 Posted : Monday, July 18, 2016 11:20:50 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
10 days to go

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
mlennyma
#4856 Posted : Monday, July 18, 2016 11:43:29 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
obiero wrote:
10 days to go

to announce reduced losssmile
"Don't let the fear of losing be greater than the excitement of winning."
maka
#4857 Posted : Monday, July 18, 2016 11:46:19 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mlennyma wrote:
obiero wrote:
10 days to go

to announce reduced losssmile


Yessmile
possunt quia posse videntur
Spikes
#4858 Posted : Monday, July 18, 2016 11:53:30 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
maka wrote:
mlennyma wrote:
obiero wrote:
10 days to go

to announce reduced losssmile


Yessmile



Is the reduction in loss sustainable?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
mlennyma
#4859 Posted : Monday, July 18, 2016 11:58:26 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Spikes wrote:
maka wrote:
mlennyma wrote:
obiero wrote:
10 days to go

to announce reduced losssmile


Yessmile



Is the reduction in loss sustainable ?

not a question of sustainability , kq will be profitable the dispute is only the recovery duration ,the government has shown clearly it can't let go kq
"Don't let the fear of losing be greater than the excitement of winning."
Impunity
#4860 Posted : Monday, July 18, 2016 12:00:14 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Spikes wrote:
maka wrote:
mlennyma wrote:
obiero wrote:
10 days to go

to announce reduced losssmile


Yessmile



Is the reduction in loss sustainable?


NO!

This should be countered immediately with increase in revenue streams, othewise even 2 bob will be too expensive to buy...most of these reduction in loss is by way of asset sale and asset lease out (bro @Obiero and sister @maka can confirm)...and the lease term are very short, like 3 years on average...so in 2019 most of the assest leased out will be dumped on their doors.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

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