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Kenya Airways...why ignore..
VituVingiSana
#5761 Posted : Thursday, September 29, 2016 12:09:32 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#5762 Posted : Thursday, September 29, 2016 12:14:56 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Michael Joseph won't make a significant difference.
As director of Vodafone Money and considering his age don't think he will have the energy and time to be fully dedicated in turning around
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#5763 Posted : Thursday, September 29, 2016 12:18:28 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?

No. It was not on the agenda. Last minute introduction as suggested by GOK and willingly accepted by the gentleman

KQ ABP 4.26
Angelica _ann
#5764 Posted : Thursday, September 29, 2016 12:22:29 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?

No. It was not on the agenda. Last minute introduction as suggested by GOK and willingly accepted by the gentleman

Will he manage the rot in there plus the eating culture of topbrass. Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Impunity
#5765 Posted : Thursday, September 29, 2016 12:50:43 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?


What kind of Director?

MD or Board?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

maka
#5766 Posted : Thursday, September 29, 2016 1:30:37 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?


What kind of Director?

MD or Board?


Board...
possunt quia posse videntur
maka
#5767 Posted : Thursday, September 29, 2016 1:32:23 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Angelica _ann wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?

No. It was not on the agenda. Last minute introduction as suggested by GOK and willingly accepted by the gentleman

Will he manage the rot in there plus the eating culture of topbrass. Sad



Things have been tightened in the last few months on matters stealing...
possunt quia posse videntur
Impunity
#5768 Posted : Thursday, September 29, 2016 1:34:56 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
maka wrote:
Impunity wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?


What kind of Director?

MD or Board?


Board...


Ohhh, is he joining as a board member or as the chairman of Board itself?
It will make impact if he was to join as the chairman!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Metch
#5769 Posted : Thursday, September 29, 2016 1:50:56 PM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Impunity wrote:
maka wrote:
Impunity wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?


What kind of Director?

MD or Board?


Board...


Ohhh, is he joining as a board member or as the chairman of Board itself?
It will make impact if he was to join as the chairman!


The name Michael Joseph will inspire any stock to a rally.
@Obiero, let me be the first to admit there is a method to your madness

Start!
tandich
#5770 Posted : Thursday, September 29, 2016 1:58:36 PM
Rank: Member

Joined: 5/6/2008
Posts: 199
More pertinent is how the plan to address the negative equity. Any word on that?
maka
#5771 Posted : Thursday, September 29, 2016 2:12:07 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Metch wrote:
Impunity wrote:
maka wrote:
Impunity wrote:
VituVingiSana wrote:
obiero wrote:
Spikes wrote:
obiero wrote:
Live at the AGM, my heart is beating fast. These goons had better spill the beans



If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐Ÿ˜†

Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around
Now that's a good sign. Was it on the agenda?


What kind of Director?

MD or Board?


Board...


Ohhh, is he joining as a board member or as the chairman of Board itself?
It will make impact if he was to join as the chairman!


The name Michael Joseph will inspire any stock to a rally.
@Obiero, let me be the first to admit there is a method to your madness



Rally to where???when the underlying business is still flawed and as @Tandich has asked negative equity problem hasnt been sorted...Long...long...way to go.
possunt quia posse videntur
obiero
#5772 Posted : Thursday, September 29, 2016 2:21:13 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
tandich wrote:
More pertinent is how the plan to address the negative equity. Any word on that?

On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November

KQ ABP 4.26
Spikes
#5773 Posted : Thursday, September 29, 2016 2:42:30 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
tandich wrote:
More pertinent is how the plan to address the negative equity. Any word on that?

On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November




How???? Logics please?
John 5:17 But Jesus replied, โ€œMy Father is always working, and so am I.โ€
ArrestedDev
#5774 Posted : Thursday, September 29, 2016 2:50:37 PM
Rank: Member

Joined: 5/29/2016
Posts: 898
Location: Nairobi
Spikes wrote:
obiero wrote:
tandich wrote:
More pertinent is how the plan to address the negative equity. Any word on that?

On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November




How???? Logics please?


No price rally. @Obiero is busy consoling himself. The turnaround of this airline is very long. The price will hit KES 8 in 5 years from now if all goes well. If Michael Joseph was to be the CEO then it might have been better but just as a board member, no much influence since the executive mgnt is not strong. I hope he addresses the pricing issue. Remember how he pulled a fast one on Kencell (Airtel)? The age does not matter. He is good in corporate strategy and that's what KQ needs but again the influence won't be very strong.

On the negative equity, there is nothing the board kept as a secret. The true position is that there is no way out as of now. Ngunze do not have anything new on the table. He is relying on the consultants to do everything and this is the most undoing that KQ is going through.
jawgey
#5775 Posted : Thursday, September 29, 2016 3:10:09 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
ArrestedDev wrote:
Spikes wrote:
obiero wrote:
tandich wrote:
More pertinent is how the plan to address the negative equity. Any word on that?

On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November




How???? Logics please?


No price rally. @Obiero is busy consoling himself. The turnaround of this airline is very long. The price will hit KES 8 in 5 years from now if all goes well. If Michael Joseph was to be the CEO then it might have been better but just as a board member, no much influence since the executive mgnt is not strong. I hope he addresses the pricing issue. Remember how he pulled a fast one on Kencell (Airtel)?

On the negative equity, there is nothing the board kept as a secret. The true position is that there is no way out as of now. Ngunze do not have anything new on the table. He is relying on the consultants to do everything and this is the most undoing that KQ is going through.

I've never attended such a boring AGM. There were two comics seated at the front row harassing Awori. Nothing new was discussed, just a formality meeting that's all.
Seeing is believing
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