Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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The Great wrote:NBK stands to gain most if jetlink winds down. Word at the hangar is that Fly 540 is troubled too by the JJ onslaught
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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obiero wrote:Impunity wrote:obiero wrote:Ngunze is killing KQ by his lack of media engagement.. He doesn't block any negative press.. That is a major flaw to his leadership. He must learn to create hype similar to Dr Mwangi of Equity who keeps launching failed projects but does it with pizzazz Flip Flop, Flip Flop.... He is good, he is bad, he is good, he is bad... Uko wapi? He is my close friend so I cannot fault him at will.. But I asked him personally to join social media and he refused.. But he does visit wazua atleast As we have long suspected... There's more to this relationship than as an "investor" when freebies worth more than the investment is involved. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Impunity wrote:obiero wrote:Impunity wrote:obiero wrote:Ngunze is killing KQ by his lack of media engagement.. He doesn't block any negative press.. That is a major flaw to his leadership. He must learn to create hype similar to Dr Mwangi of Equity who keeps launching failed projects but does it with pizzazz Flip Flop, Flip Flop.... He is good, he is bad, he is good, he is bad... Uko wapi? He is my close friend so I cannot fault him at will.. But I asked him personally to join social media and he refused.. But he does visit wazua atleast Thats good enough. All the best! birds of feather flock together. tym will tell ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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muandiwambeu wrote:Impunity wrote:obiero wrote:Impunity wrote:obiero wrote:Ngunze is killing KQ by his lack of media engagement.. He doesn't block any negative press.. That is a major flaw to his leadership. He must learn to create hype similar to Dr Mwangi of Equity who keeps launching failed projects but does it with pizzazz Flip Flop, Flip Flop.... He is good, he is bad, he is good, he is bad... Uko wapi? He is my close friend so I cannot fault him at will.. But I asked him personally to join social media and he refused.. But he does visit wazua atleast Thats good enough. All the best! birds of feather flock together. tym will tell We wait patiently.. The AGM in a few days time shall be a must attend for any serious KQ investor
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: New-farer Joined: 3/3/2010 Posts: 79
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I usually don't do this but if you have some extra cash that you don't mind setting aside (meaning you're not gonna lose sleep over it) buy some KQ shares and let it sit for a while. I'm not getting paid to say this nor I'm I courting the directors. KQ is my toy, I want to see what it's capable of, at todays price of 3.90 I would acquire a million if I had it, but I'll just acquire as much as I can. What's your toy? Knowledge is contagious...Infect truth!
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Rank: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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Afroblk wrote:I usually don't do this but if you have some extra cash that you don't mind setting aside (meaning you're not gonna lose sleep over it) buy some KQ shares and let it sit for a while. I'm not getting paid to say this nor I'm I courting the directors. KQ is my toy, I want to see what it's capable of, at todays price of 3.90 I would acquire a million if I had it, but I'll just acquire as much as I can. What's your toy? It's soo perplexing that people don't see the long term viability of KQ
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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obiero wrote:Afroblk wrote:I usually don't do this but if you have some extra cash that you don't mind setting aside (meaning you're not gonna lose sleep over it) buy some KQ shares and let it sit for a while. I'm not getting paid to say this nor I'm I courting the directors. KQ is my toy, I want to see what it's capable of, at todays price of 3.90 I would acquire a million if I had it, but I'll just acquire as much as I can. What's your toy? It's soo perplexing that people don't see the long term viability of KQ I would too if I was getting free flights & free upgrades on KQ flights. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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KQ's Auditor: "Without qualifying our opinion, we draw attention to Note 2(e) in the consolidated financial statements which indicate that the Group incurred a net loss of KShs 26,225 million during the year ended 31 March 2016 (2015 – Net loss of KShs 25,743 million) and, as of that date, the Group’s current liabilities exceeded its current assets by KShs 43,766 million (2015 – KShs 39,588 million) and the Group’s total liabilities exceed its total assets by KShs 35,667 million (2015 - KShs 5,963 million). These conditions along with other matters as set forth in Note 2(e), indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern." Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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VituVingiSana wrote:KQ's Auditor: "Without qualifying our opinion, we draw attention to Note 2(e) in the consolidated financial statements which indicate that the Group incurred a net loss of KShs 26,225 million during the year ended 31 March 2016 (2015 – Net loss of KShs 25,743 million) and, as of that date, the Group’s current liabilities exceeded its current assets by KShs 43,766 million (2015 – KShs 39,588 million) and the Group’s total liabilities exceed its total assets by KShs 35,667 million (2015 - KShs 5,963 million). These conditions along with other matters as set forth in Note 2(e), indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern." Old news..
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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VituVingiSana wrote:KQ's Auditor: "Without qualifying our opinion, we draw attention to Note 2(e) in the consolidated financial statements which indicate that the Group incurred a net loss of KShs 26,225 million during the year ended 31 March 2016 (2015 – Net loss of KShs 25,743 million) and, as of that date, the Group’s current liabilities exceeded its current assets by KShs 43,766 million (2015 – KShs 39,588 million) and the Group’s total liabilities exceed its total assets by KShs 35,667 million (2015 - KShs 5,963 million). These conditions along with other matters as set forth in Note 2(e), indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern." I wouldn't read too much into that sentence. Without getting into too much detail for this forum, that is a boilerplate Emphasis of Matter paragraph as required by IAS 570 for the auditor to use a Going Concern assumption without giving a qualified or adverse opinion. It means the auditor is satisfied with the note disclosure. It does not imply a conclusion as to the future of the company. It's just an auditing rule. That said, I personally have no shares in KQ nor do I plan to acquire any. Speculators may or may not do well with KQ, but as a long-term investor, I don't want to go anywhere near it!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:VituVingiSana wrote:KQ's Auditor: "Without qualifying our opinion, we draw attention to Note 2(e) in the consolidated financial statements which indicate that the Group incurred a net loss of KShs 26,225 million during the year ended 31 March 2016 (2015 – Net loss of KShs 25,743 million) and, as of that date, the Group’s current liabilities exceeded its current assets by KShs 43,766 million (2015 – KShs 39,588 million) and the Group’s total liabilities exceed its total assets by KShs 35,667 million (2015 - KShs 5,963 million). These conditions along with other matters as set forth in Note 2(e), indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern." Old news.. @obiero I want you to get arrested and taken to jail over glorifying KQ's performance misleading the general public that the company is doing well when the fundamentals are reading otherwise. Secondly, I would demand action to be taken against you for misusing social media to spread falsehood knowingly as a proxy of Nguze. I am pretty sure you'll pay dearly for conspiracy along with KQ top management to defraud the public for persistently playing PPT comments that have prevented prospective investors a lower entry, 50CENTS. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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researchfirst wrote:VituVingiSana wrote:KQ's Auditor: "Without qualifying our opinion, we draw attention to Note 2(e) in the consolidated financial statements which indicate that the Group incurred a net loss of KShs 26,225 million during the year ended 31 March 2016 (2015 – Net loss of KShs 25,743 million) and, as of that date, the Group’s current liabilities exceeded its current assets by KShs 43,766 million (2015 – KShs 39,588 million) and the Group’s total liabilities exceed its total assets by KShs 35,667 million (2015 - KShs 5,963 million). These conditions along with other matters as set forth in Note 2(e), indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern." I wouldn't read too much into that sentence. Without getting into too much detail for this forum, that is a boilerplate Emphasis of Matter paragraph as required by IAS 570 for the auditor to use a Going Concern assumption without giving a qualified or adverse opinion. It means the auditor is satisfied with the note disclosure. It does not imply a conclusion as to the future of the company. It's just an auditing rule. That said, I personally have no shares in KQ nor do I plan to acquire any. Speculators may or may not do well with KQ, but as a long-term investor, I don't want to go anywhere near it! None my core holdings has that sort of disclosure ;-) Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Spikes wrote:obiero wrote:VituVingiSana wrote:KQ's Auditor: "Without qualifying our opinion, we draw attention to Note 2(e) in the consolidated financial statements which indicate that the Group incurred a net loss of KShs 26,225 million during the year ended 31 March 2016 (2015 – Net loss of KShs 25,743 million) and, as of that date, the Group’s current liabilities exceeded its current assets by KShs 43,766 million (2015 – KShs 39,588 million) and the Group’s total liabilities exceed its total assets by KShs 35,667 million (2015 - KShs 5,963 million). These conditions along with other matters as set forth in Note 2(e), indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern." Old news.. @obiero I want you to get arrested and taken to jail over glorifying KQ's performance misleading the general public that the company is doing well when the fundamentals are reading otherwise. Secondly, I would demand action to be taken against you for misusing social media to spread falsehood knowingly as a proxy of Nguze. I am pretty sure you'll pay dearly for conspiracy along with KQ top management to defraud the public for persistently playing PPT comments that have prevented prospective investors a lower entry, 50CENTS. Phangi or Fungi aka Fungus!  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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Impunity wrote:Spikes wrote:obiero wrote:VituVingiSana wrote:KQ's Auditor: "Without qualifying our opinion, we draw attention to Note 2(e) in the consolidated financial statements which indicate that the Group incurred a net loss of KShs 26,225 million during the year ended 31 March 2016 (2015 – Net loss of KShs 25,743 million) and, as of that date, the Group’s current liabilities exceeded its current assets by KShs 43,766 million (2015 – KShs 39,588 million) and the Group’s total liabilities exceed its total assets by KShs 35,667 million (2015 - KShs 5,963 million). These conditions along with other matters as set forth in Note 2(e), indicate the existence of a material uncertainty that may cast doubt about the Group’s ability to continue as a going concern." Old news.. @obiero I want you to get arrested and taken to jail over glorifying KQ's performance misleading the general public that the company is doing well when the fundamentals are reading otherwise. Secondly, I would demand action to be taken against you for misusing social media to spread falsehood knowingly as a proxy of Nguze. I am pretty sure you'll pay dearly for conspiracy along with KQ top management to defraud the public for persistently playing PPT comments that have prevented prospective investors a lower entry, 50CENTS. Phangi or Fungi aka Fungus! This clown doesn't know when to stop
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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A new deadly tide has embarked sinking this ship. @3.7 bob no stop till we hit kes 2.95 per share. I am patient. Force of gravity in action. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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Spikes wrote:A new deadly tide has embarked sinking this ship. @3.7 bob no stop till we hit kes 2.95 per share. I am patient. Force of gravity in action. The stock has made millionaires in the past 2 weeks.. This is called a pull back which is normal.. We await 29.09.2016
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Spikes wrote:A new deadly tide has embarked sinking this ship. @3.7 bob no stop till we hit kes 2.95 per share. I am patient. Force of gravity in action. The stock has made millionaires from billionaires in the past 2 weeks.. This is called a pull back which is normal.. We await 29.09.2016 Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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obiero wrote:Spikes wrote:A new deadly tide has embarked sinking this ship. @3.7 bob no stop till we hit kes 2.95 per share. I am patient. Force of gravity in action. The stock has made millionaires in the past 2 weeks.. This is called a pull back which is normal.. We await 29.09.2016 After making many millionaires paupers. From the 120s to (cheap) peremende. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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VituVingiSana wrote:obiero wrote:Spikes wrote:A new deadly tide has embarked sinking this ship. @3.7 bob no stop till we hit kes 2.95 per share. I am patient. Force of gravity in action. The stock has made millionaires in the past 2 weeks.. This is called a pull back which is normal.. We await 29.09.2016 After making many millionaires paupers. From the 120s to (cheap) peremende. Let us meet on Thursday 29.09.2016 for the way forward .. Everything else is babel. Do not look inside the toilet bowl to check the colour of past issues.. It is Needless.. Moving forward
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,188 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Spikes wrote:A new deadly tide has embarked sinking this ship. @3.7 bob no stop till we hit kes 2.95 per share. I am patient. Force of gravity in action. The stock has made millionaires in the past 2 weeks.. This is called a pull back which is normal.. We await 29.09.2016 After making many millionaires paupers. From the 120s to (cheap) peremende. Let us meet on Thursday 29.09.2016 for the way forward .. Everything else is babel. Do not look inside the toilet bowl to check the colour of past issues.. It is Needless.. Moving forward Looking into the toilet bowl is very useful. One may ascertain the symptoms of a disease. Blood, etc may be important indicators of an ulcer or cancer. @Obiero - If not for the freebies from KQ, would you defend it with such ferocity? https://www.youtube.com/watch?v=jDFDpzWJj2sGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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