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Kenya Airways...why ignore..
hisah
#5181 Posted : Wednesday, August 03, 2016 12:34:41 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
There's a firm paying investors KES 57.9 billion in dividends while KQ is facing a giant crater of KES 35 billion in negative equity. What a pity Brick wallNot talking
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mlennyma
#5182 Posted : Wednesday, August 03, 2016 1:31:03 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
hisah wrote:
There's a firm paying investors KES 57.9 billion in dividends while KQ is facing a giant crater of KES 35 billion in negative equity. What a pity Brick wallNot talking

unless all world airlines are shut down and kq left to operate alone then you can say recovery is guaranteed ,this airline business is heading to small margins big volume model
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#5183 Posted : Wednesday, August 03, 2016 4:19:12 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
British Airways Kenya route expansion on despite Brexit vote...

http://www.businessdaily...28060-lemxx2/index.html

"...adding 784 seats a week on the route."

A testament to the vibrancy of air travel in Kenya.. Of course other airlines would have taken up the former morning arrival space, KQ opted out in full knowledge



Which full knowledge? Everybody is making money in KQ except you @obiero. Those involved in selling landing slots received kickbacks as @obiero is up in arms defending them furiously!

How sure are you that I did not receive the kicks too

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
obiero
#5184 Posted : Wednesday, August 03, 2016 9:26:31 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
Emirates Media Statement

Emirates can confirm that today, 3rd August 2016, flight EK521 travelling from Trivandrum International Airport in Thiruvananthapuram, India to Dubai was involved in an operational incident upon landing at Dubai International Airport. There were 282 passengers and 18 crew on board.

The nationalities of passengers and crew on board are:
126 - India
24 - UK
11 - UAE
6 - US
6 - Saudi Arabia
5 - Turkey
4 - Ireland
2 - Australia
2 - Brazil
2 - Germany
2 - Malaysia
2 - Thailand
1 - Croatia
1 - Egypt
1 - Bosnia & Herzegovina
1 - Lebanon
1 - Philippines
1 - South Africa
1 - Switzerland
1 - Tunisia
100-Zimbabweans
The Boeing 777 aircraft, departed at 10.19am from Trivandrum International Airport and was scheduled to land at 12.50pm at Dubai International Airport.

We can confirm that there are no fatalities among our passengers and crew. All passengers and crew are accounted for and safe.

We are expecting an 8-hour network wide delay, more information will be available on the Emirates website and social media channels.

The main priority remains with those involved and offering support to concerned family and friends. Dedicated telephone lines are now active for family members:
UAE - 8002111
UK - 00442034508853
US - 0018113502081

For members of the media, the Emirates’ Press Office in Dubai is now activated:
• 00971 4 708 37 13

Or email: PR@emirates.com.

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
obiero
#5185 Posted : Wednesday, August 03, 2016 10:16:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
More good news for KQ http://www.businessdaily...329572-3ycktw/index.html

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
sparkly
#5186 Posted : Wednesday, August 03, 2016 11:05:36 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[quote=obiero]More good news for KQ http://www.businessdaily...29572-3ycktw/index.html[/quote]

The only worth while news we are waiting for is seizure of aircrafts by lessors and suspension of trading by nse.
Life is short. Live passionately.
obiero
#5187 Posted : Wednesday, August 03, 2016 11:08:56 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
sparkly wrote:
[quote=obiero]More good news for KQ http://www.businessdaily...29572-3ycktw/index.html[/quote]

The only worth while news we are waiting for is seizure of aircrafts by lessors and suspension of trading by nse.

My friends that will never happen. If you knew who owns Ambosseli and Savannah, then you wouldn't entertain such reckless dreams

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
Pesa Nane
#5188 Posted : Wednesday, August 03, 2016 11:12:30 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
obiero wrote:
Emirates Media Statement

Emirates can confirm that today, 3rd August 2016, flight EK521 travelling from Trivandrum International Airport in Thiruvananthapuram, India to Dubai was involved in an operational incident upon landing at Dubai International Airport. There were 282 passengers and 18 crew on board.

The nationalities of passengers and crew on board are:
126 - India
24 - UK
11 - UAE
6 - US
6 - Saudi Arabia
5 - Turkey
4 - Ireland
2 - Australia
2 - Brazil
2 - Germany
2 - Malaysia
2 - Thailand
1 - Croatia
1 - Egypt
1 - Bosnia & Herzegovina
1 - Lebanon
1 - Philippines
1 - South Africa
1 - Switzerland
1 - Tunisia
100-Zimbabweans
The Boeing 777 aircraft, departed at 10.19am from Trivandrum International Airport and was scheduled to land at 12.50pm at Dubai International Airport.

We can confirm that there are no fatalities among our passengers and crew. All passengers and crew are accounted for and safe.

We are expecting an 8-hour network wide delay, more information will be available on the Emirates website and social media channels.

The main priority remains with those involved and offering support to concerned family and friends. Dedicated telephone lines are now active for family members:
UAE - 8002111
UK - 00442034508853
US - 0018113502081

For members of the media, the Emirates’ Press Office in Dubai is now activated:
• 00971 4 708 37 13

Or email: PR@emirates.com.

Social media nonsense!

226 Indians, 0 Comrades
Pesa Nane plans to be shilingi when he grows up.
maka
#5189 Posted : Thursday, August 04, 2016 12:30:19 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
British Airways Kenya route expansion on despite Brexit vote...

http://www.businessdaily...28060-lemxx2/index.html

"...adding 784 seats a week on the route."

A testament to the vibrancy of air travel in Kenya.. Of course other airlines would have taken up the former morning arrival space, KQ opted out in full knowledge



Which full knowledge? Everybody is making money in KQ except you @obiero. Those involved in selling landing slots received kickbacks as @obiero is up in arms defending them furiously!

How sure are you that I did not receive the kicks too


44%
possunt quia posse videntur
obiero
#5190 Posted : Thursday, August 04, 2016 9:18:16 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
maka wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
British Airways Kenya route expansion on despite Brexit vote...

http://www.businessdaily...28060-lemxx2/index.html

"...adding 784 seats a week on the route."

A testament to the vibrancy of air travel in Kenya.. Of course other airlines would have taken up the former morning arrival space, KQ opted out in full knowledge



Which full knowledge? Everybody is making money in KQ except you @obiero. Those involved in selling landing slots received kickbacks as @obiero is up in arms defending them furiously!

How sure are you that I did not receive the kicks too


44%

lol.. thats soo scientific @maka. I wonder if CMA or NIS are on my trail. By the way what is your take on the newly revised Malindi *17 and Lamu *14 weekly.. Focus on local routes and Africa is the lifeline for KQ

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
Spikes
#5191 Posted : Thursday, August 04, 2016 9:45:54 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
maka wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
British Airways Kenya route expansion on despite Brexit vote...

http://www.businessdaily...28060-lemxx2/index.html

"...adding 784 seats a week on the route."

A testament to the vibrancy of air travel in Kenya.. Of course other airlines would have taken up the former morning arrival space, KQ opted out in full knowledge



Which full knowledge? Everybody is making money in KQ except you @obiero. Those involved in selling landing slots received kickbacks as @obiero is up in arms defending them furiously!

How sure are you that I did not receive the kicks too


44%

lol.. thats soo scientific @maka. I wonder if CMA or NIS are on my trail. By the way what is your take on the newly revised Malindi *17 and Lamu *14 weekly.. Focus on local routes and Africa is the lifeline for KQ



@obiero even the weakest student in Math can tell us it is not yet time to accumulate KQ shares. Wasting time and resources by including KQ in a robust portfolio.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
majimaji
#5192 Posted : Thursday, August 04, 2016 9:57:38 AM
Rank: Veteran


Joined: 4/4/2007
Posts: 1,162

How is it that an insolvent company KQ is still listed and trading?
obiero
#5193 Posted : Thursday, August 04, 2016 9:58:20 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
Spikes wrote:
obiero wrote:
maka wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
VituVingiSana wrote:
British Airways Kenya route expansion on despite Brexit vote...

http://www.businessdaily...28060-lemxx2/index.html

"...adding 784 seats a week on the route."

A testament to the vibrancy of air travel in Kenya.. Of course other airlines would have taken up the former morning arrival space, KQ opted out in full knowledge



Which full knowledge? Everybody is making money in KQ except you @obiero. Those involved in selling landing slots received kickbacks as @obiero is up in arms defending them furiously!

How sure are you that I did not receive the kicks too


44%

lol.. thats soo scientific @maka. I wonder if CMA or NIS are on my trail. By the way what is your take on the newly revised Malindi *17 and Lamu *14 weekly.. Focus on local routes and Africa is the lifeline for KQ



@obiero even the weakest student in Math can tell us it is not yet time to accumulate KQ shares. Wasting time and resources by including KQ in a robust portfolio.

Agreed. So when is the best time?? Probably by H1 when it starts rising??

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
ArrestedDev
#5194 Posted : Thursday, August 04, 2016 10:37:44 AM
Rank: Member


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

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.
obiero
#5195 Posted : Thursday, August 04, 2016 10:44:55 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.

National interests

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
Spikes
#5196 Posted : Thursday, August 04, 2016 10:46:58 AM
Rank: Elder


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

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
ArrestedDev
#5197 Posted : Thursday, August 04, 2016 11:44:34 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
Spikes wrote:
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.


Stock trading suspension can be done.It is not de-listing. The problem is that KQ stock is cross-listed on the USE, RSE and Dar es Salaam Stock Exchange. Authorities there can suspend trading and it will trigger action by NSE. If the loss next year will still be huge then anything can happen. Hakuna stori ya kusema eti mtangoja.
ArrestedDev
#5198 Posted : Thursday, August 04, 2016 11:57:48 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
sparkly wrote:
[quote=obiero]More good news for KQ http://www.businessdaily...29572-3ycktw/index.html[/quote]

The only worth while news we are waiting for is seizure of aircrafts by lessors and suspension of trading by nse.

My friends that will never happen. If you knew who owns Ambosseli and Savannah, then you wouldn't entertain such reckless dreams


It can happen if these shell companies registered by the cartels in tax havens does not receive the hefty payments from KQ. These shell companies only applies to aircrafts purchased through loans. It does not apply to aircrafts leased from aircrafts leasing companies. Please take note of the difference here.
obiero
#5199 Posted : Thursday, August 04, 2016 12:08:48 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,711
Location: nairobi
ArrestedDev wrote:
Spikes wrote:
ArrestedDev wrote:
majimaji wrote:

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.


Stock trading suspension can be done.It is not de-listing. The problem is that KQ stock is cross-listed on the USE, RSE and Dar es Salaam Stock Exchange. Authorities there can suspend trading and it will trigger action by NSE. If the loss next year will still be huge then anything can happen. Hakuna stori ya kusema eti mtangoja.

Probably if Raila was president that would work, but not under this regime.. GoK is KQ and KQ is GoK. Our neighbors would dare not suspend it, they are alert to the political ramification. Plus as I have said here severally, airlines across the world run frequently on negative equity but that does not intrinsically imply that the carriers are insolvent.
Personally I would rather walk to Rwanda than have to fly Rwandair in the abscense of KQ

COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
ArrestedDev
#5200 Posted : Thursday, August 04, 2016 12:27:18 PM
Rank: Member


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

How is it that an insolvent company KQ is still listed and trading?


The authorities are sleeping on the job.




I agree it is insolvent. Do you expect Kenyan securities exchange authorities to delist KQ? Which image will it send locally and internationally? Mtangoja sana KQ iwe scrapped off the NSE trading. It will never happen in Kenyan soil.

Though the price will keep moving down to 50CTS.


Stock trading suspension can be done.It is not de-listing. The problem is that KQ stock is cross-listed on the USE, RSE and Dar es Salaam Stock Exchange. Authorities there can suspend trading and it will trigger action by NSE. If the loss next year will still be huge then anything can happen. Hakuna stori ya kusema eti mtangoja.

Probably if Raila was president that would work, but not under this regime.. GoK is KQ and KQ is GoK. Our neighbors would dare not suspend it, they are alert to the political ramification. Plus as I have said here severally, airlines across the world run frequently on negative equity but that does not intrinsically imply that the carriers are insolvent.
Personally I would rather walk to Rwanda than have to fly Rwandair in the abscense of KQ


Do not be too optimistic. Anything can happen. There is nothing like political ramifications. Just hold your horses.

They are closely watching KQ already. If we are discussing here to such a great extent then what about them. In Dec. 15, the below article was published in Tanzania.

Quote:
Orbit Securities Limited General Manager, Mr Simon Juventus said in Dar es Salaam yesterday that the two companies’ adverse balance sheets are bad news that will hurt their share trading at the equity markets.



http://www.dailynews.co....ncial-challenges-deepen
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