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Kenya Airways...why ignore..
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:As keyboard critiques keep typing away, let's see whether the share price will fall today, at day 103.. There comes a time to make money, my time is now. Just like before on HFCK, SBU, BoK, KCB.. Arrogantly I refer to myself as the ultimate insider You cannot ignore these faceless characters in wazua. No one is saying it will fall, with the deffered strike and presence of MJ in that meeting yesterday means alot.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Spikes wrote:ArrestedDev wrote:maka wrote:KQ issue brought up by Alai at the accountability summit...He says Mbvui,Alex Mbugua,Jane Kiboi and any other person mentioned in the KPMG and Deloitte report should be in jail.. It is now public knowledge that these individuals were and are still overseeing mismanagement of the Company. In fact,if we had leaders in Kenya, then Mckinsey contract would have been renegotiated and asked to refund any excess payments made to them so far.  So far nothing achieved by Mckinsey that an average Kenyan can't do. Mediocre siphoning money out of KQ while management is enjoying kickbacks. Cost cutting and putting in place policies and procedures which are suppose to be done by the directors. If a serious CEO takes the mantle then their services will be terminated and directors/ managers tasked to do them.
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Rank: Chief Joined: 1/3/2007 Posts: 18,084 Location: Nairobi
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ArrestedDev wrote:murchr wrote:VituVingiSana wrote:Kenyan firms need to automate whatever services they can to reduce labor costs. That's the reality.
I watched a documentary of a US car manufacturing plant, in the US, where they hire "cheaper" labor (vs the old union pay scales) and the plant is highly automated. Some sections are fully automated i.e. robots do all the functions. The "humans" are involved in monitoring what the robots are doing.
One scene was really neat. The entire shell/body of the car is dipped in an anti-corrosive bath, to evenly coat the car's body, by a mechanical arm. The whole process didn't even take 30 secs!
As @murchr said, it will not be long until the need for "flight attendants" is reduced further. LCCs are increasing the use of "ordering" screens for food/drinks so no-one comes by to ask if you want to buy a soda or sandwich. Frankly, do you need a flight attendant to show you how to put on your seatbelt?
The 787s need only 2 pilots vs the 3 (pilots/engineers) that were present in older planes. Apparently, the plane can take off, fly and land using the on-board computer. Disruption is real. Kwanza these days flying is very easy and those airport jobs are going away very fast. The travel agency was disrupted by the likes of Kayak and Priceline etc. We book planes online. On booking you select your meal and print your tickets 24hrs before flying, you reserve your seat. You can pay to do this earlier. You can print boarding tickets online, or choose to print them from a kiosk at the checking hall. So the airport guy just verifys your ticket number against what is on the computer. Apart from the immigration guy, the other person you meet is the flight attendant and pilot welcoming you to the plane. As planes become more automated, the number of people required to check if you have tied your seatbelt will def go down. Pushing a cart and handing you what you ordered is not work. The only job they would have is to evacuate you from a plane if it was to have an accident. Trust me, FAA IATA and other regulators will soon meet lobbyist and some of these "requirements" will be revised. @ArrestedDev, the good thing with contract employees is when a company realizes that the wages next year will be unsustainable, they either do away with the expensive workers and bring in trainees or, minimize the workforce. I agree with both of you to large extent but it is still a long way to go. Even in developed countries it has not worked as earlier anticipated. Supermarket self check outs is an example, majority of the pensioners shun it totally as they are either not technology savvy or do not like it at all. Many "older" folk are not comfortable around computers. So what? Kenya's "younger" population grows by the day. It's a matter of time. If not When. Look at the filing of taxes using iTax and not manually.A big percentage of the airline sales still comes from the travel agencies. The booking engines have gained popularity but due to security issues, the uptake has slowed significantly. KQ for instance, do not allow booking from several booking websites as most does not meet the minimum security measures. Huh? KQ must be behind the curve! Expedia, Orbitz, etc sell more tickets than KQ. In fact they all sell KQ. Sometimes, at cheaper prices than KQ's own website. The major "online travel agents" are doing OK. If anything, there is a lot of competition.The human beings at the airport checking your ticket, visa and health card will be there for years to come, thanks to terrorism. Computers might be harder to compromise/bribe vs humans. Let's be honest, do the cops where cars are inspected at JKIA take bribes? I have seen 50/- changing hands many times. Are you saying those who bribe can't get visas on arrival? Same for "health cards" or anything else.Use of autopilot sometimes is restricted by faults and manual piloting is necessary. Infact, the fly by wire has received its share of criticism that it is compromising the quality of pilots leading to a surge in accidents. AF 447 for instance, the two young pilots at the cockpit failed to control it totally. Wasn't the Douala plane piloted by an experienced pilot?Trainees alone wont get the job done. Experience in aviation is very key. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,663 Location: NAIROBI
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http://www.businessdaily...21042-8qlftpz/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,084 Location: Nairobi
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smusyimi wrote:VituVingiSana wrote:ArrestedDev wrote:VituVingiSana wrote:Kenyan firms need to automate whatever services they can to reduce labor costs. That's the reality.
I watched a documentary of a US car manufacturing plant, in the US, where they hire "cheaper" labor (vs the old union pay scales) and the plant is highly automated. Some sections are fully automated i.e. robots do all the functions. The "humans" are involved in monitoring what the robots are doing.
One scene was really neat. The entire shell/body of the car is dipped in an anti-corrosive bath, to evenly coat the car's body, by a mechanical arm. The whole process didn't even take 30 secs!
As @murchr said, it will not be long until the need for "flight attendants" is reduced further. LCCs are increasing the use of "ordering" screens for food/drinks so no-one comes by to ask if you want to buy a soda or sandwich. Frankly, do you need a flight attendant to show you how to put on your seatbelt?
The 787s need only 2 pilots vs the 3 (pilots/engineers) that were present in older planes. Apparently, the plane can take off, fly and land using the on-board computer. Disruption is real. 787 pilot requirements depends on the distance to be flown. If long haul then two not enough. Where human beings are being processed such as aviation, the employee factor cannot be ignored. It's a matter of time before "human staff" are reduced for such functions. Drones are airplanes flown by a combination of computers and humans. As are planes. In 10 years, the "West" will probably have driverless cars. In 25 years, perhaps planes? Or just one pilot in the plane with another on the ground manning 3-4 planes? Will there be crashes? Yes. Will computers be blamed? Yes. Have humans ever crashed planes? Yes. The main function of cabin crew is safety and security and , arming each aircraft door, an extension of the Pilot in Command in the cabin. second is service . so whoever is calling for automation of the job is misinformed. Once upon a time car doors needed to be locked/unlocked one at a time. I recall the days when there were conductors on trains [in the UK] to open/close doors. Now it's automated. Yes, there will be some humans needed BUT automation will make many "unskilled" functions irrelevant. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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VituVingiSana wrote:ArrestedDev wrote:murchr wrote:VituVingiSana wrote:Kenyan firms need to automate whatever services they can to reduce labor costs. That's the reality.
I watched a documentary of a US car manufacturing plant, in the US, where they hire "cheaper" labor (vs the old union pay scales) and the plant is highly automated. Some sections are fully automated i.e. robots do all the functions. The "humans" are involved in monitoring what the robots are doing.
One scene was really neat. The entire shell/body of the car is dipped in an anti-corrosive bath, to evenly coat the car's body, by a mechanical arm. The whole process didn't even take 30 secs!
As @murchr said, it will not be long until the need for "flight attendants" is reduced further. LCCs are increasing the use of "ordering" screens for food/drinks so no-one comes by to ask if you want to buy a soda or sandwich. Frankly, do you need a flight attendant to show you how to put on your seatbelt?
The 787s need only 2 pilots vs the 3 (pilots/engineers) that were present in older planes. Apparently, the plane can take off, fly and land using the on-board computer. Disruption is real. Kwanza these days flying is very easy and those airport jobs are going away very fast. The travel agency was disrupted by the likes of Kayak and Priceline etc. We book planes online. On booking you select your meal and print your tickets 24hrs before flying, you reserve your seat. You can pay to do this earlier. You can print boarding tickets online, or choose to print them from a kiosk at the checking hall. So the airport guy just verifys your ticket number against what is on the computer. Apart from the immigration guy, the other person you meet is the flight attendant and pilot welcoming you to the plane. As planes become more automated, the number of people required to check if you have tied your seatbelt will def go down. Pushing a cart and handing you what you ordered is not work. The only job they would have is to evacuate you from a plane if it was to have an accident. Trust me, FAA IATA and other regulators will soon meet lobbyist and some of these "requirements" will be revised. @ArrestedDev, the good thing with contract employees is when a company realizes that the wages next year will be unsustainable, they either do away with the expensive workers and bring in trainees or, minimize the workforce. I agree with both of you to large extent but it is still a long way to go. Even in developed countries it has not worked as earlier anticipated. Supermarket self check outs is an example, majority of the pensioners shun it totally as they are either not technology savvy or do not like it at all. Many "older" folk are not comfortable around computers. So what? Kenya's "younger" population grows by the day. It's a matter of time. If not When. Look at the filing of taxes using iTax and not manually. A large percentage of the "younger" does not afford to fly. Even tourists flying in, most of them are pensioners from the developed countries.
A big percentage of the airline sales still comes from the travel agencies. The booking engines have gained popularity but due to security issues, the uptake has slowed significantly. KQ for instance, do not allow booking from several booking websites as most does not meet the minimum security measures.
Huh? KQ must be behind the curve! Expedia, Orbitz, etc sell more tickets than KQ. In fact they all sell KQ. Sometimes, at cheaper prices than KQ's own website. The major "online travel agents" are doing OK. If anything, there is a lot of competition.. Bricks and mortar travel agents still account for a large percentage of the airline industry sales in almost all the continents. There is no doubt about it.
The human beings at the airport checking your ticket, visa and health card will be there for years to come, thanks to terrorism. Computers might be harder to compromise/bribe vs humans. Let's be honest, do the cops where cars are inspected at JKIA take bribes? I have seen 50/- changing hands many times. Are you saying those who bribe can't get visas on arrival? Same for "health cards" or anything else. Security screening inside the airport, immigration and pre-boarding checks will continue to be handled by human beings. No shortcut, leave alone the police manning the gates at JKIA with the corruption menace in Kenya. It is a national disaster.
Use of autopilot sometimes is restricted by faults and manual piloting is necessary. Infact, the fly by wire has received its share of criticism that it is compromising the quality of pilots leading to a surge in accidents. AF 447 for instance, the two young pilots at the cockpit failed to control it totally.
Wasn't the Douala plane piloted by an experienced pilot? [color=orange]Do not make reference to the Douala crash. There are alot of theories on how this accident actually happened.Relatives of some victims of the accident brought a suit against Boeing as they believed the aircraft was faulty, the rudder had issues. Some claim the systems were accessed remotely and hence the reason why the auto pilot was not engaging at all. It is still unexplained until now. Trainees alone wont get the job done. Experience in aviation is very key.
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Rank: Elder Joined: 6/23/2009 Posts: 13,488 Location: nairobi
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Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable.
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Rank: Elder Joined: 6/23/2009 Posts: 13,488 Location: nairobi
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ArrestedDev wrote:obiero wrote:Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:smusyimi wrote:VituVingiSana wrote:ArrestedDev wrote:VituVingiSana wrote:Kenyan firms need to automate whatever services they can to reduce labor costs. That's the reality.
I watched a documentary of a US car manufacturing plant, in the US, where they hire "cheaper" labor (vs the old union pay scales) and the plant is highly automated. Some sections are fully automated i.e. robots do all the functions. The "humans" are involved in monitoring what the robots are doing.
One scene was really neat. The entire shell/body of the car is dipped in an anti-corrosive bath, to evenly coat the car's body, by a mechanical arm. The whole process didn't even take 30 secs!
As @murchr said, it will not be long until the need for "flight attendants" is reduced further. LCCs are increasing the use of "ordering" screens for food/drinks so no-one comes by to ask if you want to buy a soda or sandwich. Frankly, do you need a flight attendant to show you how to put on your seatbelt?
The 787s need only 2 pilots vs the 3 (pilots/engineers) that were present in older planes. Apparently, the plane can take off, fly and land using the on-board computer. Disruption is real. 787 pilot requirements depends on the distance to be flown. If long haul then two not enough. Where human beings are being processed such as aviation, the employee factor cannot be ignored. It's a matter of time before "human staff" are reduced for such functions. Drones are airplanes flown by a combination of computers and humans. As are planes. In 10 years, the "West" will probably have driverless cars. In 25 years, perhaps planes? Or just one pilot in the plane with another on the ground manning 3-4 planes? Will there be crashes? Yes. Will computers be blamed? Yes. Have humans ever crashed planes? Yes. The main function of cabin crew is safety and security and , arming each aircraft door, an extension of the Pilot in Command in the cabin. second is service . so whoever is calling for automation of the job is misinformed. Once upon a time car doors needed to be locked/unlocked one at a time. I recall the days when there were conductors on trains [in the UK] to open/close doors. Now it's automated. Yes, there will be some humans needed BUT automation will make many "unskilled" functions irrelevant.  Its amazing some people are still disputing the rise of automation in 2016. If we were stuck in time, a majority of you would be Chandlers - candle stick makers, people who molded wax to make candles. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:ArrestedDev wrote:obiero wrote:Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out Both are totally different airlines. Even with recession, it does not mean people are not flying to that Country. The major reason why airlines especially long haul ( above 6 hours) as the case with Emirates are evaluating due to fuel shortages. Which authority should not be questioned? Ngunze's? His days are numbered.
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Rank: Member Joined: 2/18/2011 Posts: 448
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ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out Both are totally different airlines. Even with recession, it does not mean people are not flying to that Country. The major reason why airlines especially long haul ( above 6 hours) as the case with Emirates are evaluating due to fuel shortages. Which authority should not be questioned? Ngunze's? His days are numbered. Nigeria has 2 main issues: Ever worsening currency devaluation and scarce jet fuel.Those are some of the two key drivers of profitability/loss in airline industry and in this case, makes it hard to even plan for a month. KQ is already planning to withdraw from the Abuja route and Gaborone from Nov 15th. Emirates continues to evaluate as it can leverage on the group operations to temporarily cushion a loss making route. KQ really does not have this option.
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Rank: Elder Joined: 6/23/2009 Posts: 13,488 Location: nairobi
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mibbz wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out Both are totally different airlines. Even with recession, it does not mean people are not flying to that Country. The major reason why airlines especially long haul ( above 6 hours) as the case with Emirates are evaluating due to fuel shortages. Which authority should not be questioned? Ngunze's? His days are numbered. Nigeria has 2 main issues: Ever worsening currency devaluation and scarce jet fuel.Those are some of the two key drivers of profitability/loss in airline industry and in this case, makes it hard to even plan for a month. KQ is already planning to withdraw from the Abuja route and Gaborone from Nov 15th. Emirates continues to evaluate as it can leverage on the group operations to temporarily cushion a loss making route. KQ really does not have this option. Thanks @mibbz for bringing logic to the table.. Further, even with the currency devaluation, Nigeria has shortage of forex hence most airlines aren't getting payment for services rendered. KQ currently has over 2B in revenue stuck in Nigeria. Of what use is it to keep flying while no assurance is made of repatriation of funds
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:mibbz wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out Both are totally different airlines. Even with recession, it does not mean people are not flying to that Country. The major reason why airlines especially long haul ( above 6 hours) as the case with Emirates are evaluating due to fuel shortages. Which authority should not be questioned? Ngunze's? His days are numbered. Nigeria has 2 main issues: Ever worsening currency devaluation and scarce jet fuel.Those are some of the two key drivers of profitability/loss in airline industry and in this case, makes it hard to even plan for a month. KQ is already planning to withdraw from the Abuja route and Gaborone from Nov 15th. Emirates continues to evaluate as it can leverage on the group operations to temporarily cushion a loss making route. KQ really does not have this option. Thanks @mibbz for bringing logic to the table.. Further, even with the currency devaluation, Nigeria has shortage of forex hence most airlines aren't getting payment for services rendered. KQ currently has over 2B in revenue stuck in Nigeria. Of what use is it to keep flying while no assurance is made of repatriation of funds @obiero after KQ what is your next frontier counter at NSE? 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: 13,488 Location: nairobi
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obiero wrote:obiero wrote:VituVingiSana wrote:obiero wrote:The very first, final and unequivocal boarding call.. KQs journey to profitability is confirmed.. Thank me later Brother @Obiero, some of us have been thanking you since 2012. I have never called out investors directly to KQ.. I used to walk alone but now it's time to make cash with the brave.. Post #5530 September 6th, 2016.. The KQ share was trading at KES 3.30 an all time low, I called out wazua family to make money with me.. I pray some listened.. Now KES 2,833,600 reflects my current KQ gross worth as per today's closing price.. By end of next week I foresee KES 3,203,200.. Insider information helps alot Today crossed KES 3,080,000 as overall KQ worth.. No slow down in sight of the rally @karasinga and other chartists???
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,488 Location: nairobi
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Spikes wrote:obiero wrote:mibbz wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Ericsson wrote:http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out Both are totally different airlines. Even with recession, it does not mean people are not flying to that Country. The major reason why airlines especially long haul ( above 6 hours) as the case with Emirates are evaluating due to fuel shortages. Which authority should not be questioned? Ngunze's? His days are numbered. Nigeria has 2 main issues: Ever worsening currency devaluation and scarce jet fuel.Those are some of the two key drivers of profitability/loss in airline industry and in this case, makes it hard to even plan for a month. KQ is already planning to withdraw from the Abuja route and Gaborone from Nov 15th. Emirates continues to evaluate as it can leverage on the group operations to temporarily cushion a loss making route. KQ really does not have this option. Thanks @mibbz for bringing logic to the table.. Further, even with the currency devaluation, Nigeria has shortage of forex hence most airlines aren't getting payment for services rendered. KQ currently has over 2B in revenue stuck in Nigeria. Of what use is it to keep flying while no assurance is made of repatriation of funds @obiero after KQ what is your next frontier counter at NSE? @spikes KQ remains terribly misunderstood and undervalued.. If a stock with over KES 6B loss can rally this hard, closing at a high of KES 5 today; at what price will we be when profits return with Michael Joseph http://www.businessdaily...20714-103dj2b/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,488 Location: nairobi
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muandiwambeu wrote:obiero wrote:Lucius wrote:Hello good people. Am new here.
I wish to add my voice to the KQ debate. Sorry if I repeat what others may have said before-would take me a week to go through the whole thread.
1. Its a fact that KQ is in a very bad position financially.
2. KQ is not going to die. It has hit rock bottom, it can't go any lower. It will either flatten out or improve.
3. The share price is definitely going to rise over the coming year, so if you're buying buy now-but buy to sell. Dividends ziko mbali bado.
4. We should expect a 7-10b full year loss, unless the're other savings I am not privy to.
5. With the fuel hedge in its last months, the financial position of the company will improve significantly over the coming year. I project a at least 30% improvement, with a 1-2b loss half year loss and 200-500m profit for full year 2017.
As for the leadership, Mbuvi is the right guy for the job. He shall turn around KQ. Suppliers love his humility. Employees say that he is accessible.
For the retrenchment, i still wonder who the 80 are. Almost all departments are said to be understaffed, people working overtime, with departments like engineering experiencing high staff losses to the middle east carriers. I love your name and brain power. I read your comments and for a minute I thought it was me who posted those words you wrote. Welcome to wazua and for seeing the invisible yeso. its like thinking companies never go under. u think the fired workers are useless in the aviation industry. many airlines wishing to set a base in eac have a pool of well trained professionals to recruit from. kq of days of your thinking is gone. just damnn too late. simply avoid speculating on loss making companies. the fuses are already blown out, won't even know what hit u brother. Ur loss shock absorbers are too weak for this nyefunyefuing tumbili. @lucius I see you
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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obiero wrote:Spikes wrote:obiero wrote:mibbz wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:[quote=Ericsson]http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out Both are totally different airlines. Even with recession, it does not mean people are not flying to that Country. The major reason why airlines especially long haul ( above 6 hours) as the case with Emirates are evaluating due to fuel shortages. Which authority should not be questioned? Ngunze's? His days are numbered. Nigeria has 2 main issues: Ever worsening currency devaluation and scarce jet fuel.Those are some of the two key drivers of profitability/loss in airline industry and in this case, makes it hard to even plan for a month. KQ is already planning to withdraw from the Abuja route and Gaborone from Nov 15th. Emirates continues to evaluate as it can leverage on the group operations to temporarily cushion a loss making route. KQ really does not have this option. Thanks @mibbz for bringing logic to the table.. Further, even with the currency devaluation, Nigeria has shortage of forex hence most airlines aren't getting payment for services rendered. KQ currently has over 2B in revenue stuck in Nigeria. Of what use is it to keep flying while no assurance is made of repatriation of funds @obiero after KQ what is your next frontier counter at NSE? @spikes KQ remains terribly misunderstood and undervalued.. If a stock with over KES 6B loss can rally this hard, closing at a high of KES 5 today; at what price will we be when profits return with Michael Joseph http://www.businessdaily...0714-103dj2b/index.html[/quote] Payroll  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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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:obiero wrote:mibbz wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:[quote=Ericsson]http://www.businessdailyafrica.com/Corporate-News/Emirates-says-may-cut-Africa-flights/539550-3421042-8qlftpz/index.html Emirates can drop Abuja but when KQ does the same it's called mismanagement They haven't arrive at a decision to suspend as you purport to put it. Do not compare KQ with Emirates. In fact if Emirates drops the route then KQ should take the advantage of it. The backbone of KQ's operations is in Africa, every route must be evaluated very carefully based on the correct information. Mismanagement is taking place under Ngunze, it is not a secret any more unless you are ignorant of the truth. The quality of his decisions is questionable. Both are airlines. Everyone with Internet knows what is happening in Nigeria. The country is in recession and outflow of forex is crippling. Btw, questioning of authority without reasonable cause is frowned upon even in the Holy Books. Meanwhile KQ touched KES 5 today.. No respite in the upwards break out Both are totally different airlines. Even with recession, it does not mean people are not flying to that Country. The major reason why airlines especially long haul ( above 6 hours) as the case with Emirates are evaluating due to fuel shortages. Which authority should not be questioned? Ngunze's? His days are numbered. Nigeria has 2 main issues: Ever worsening currency devaluation and scarce jet fuel.Those are some of the two key drivers of profitability/loss in airline industry and in this case, makes it hard to even plan for a month. KQ is already planning to withdraw from the Abuja route and Gaborone from Nov 15th. Emirates continues to evaluate as it can leverage on the group operations to temporarily cushion a loss making route. KQ really does not have this option. Thanks @mibbz for bringing logic to the table.. Further, even with the currency devaluation, Nigeria has shortage of forex hence most airlines aren't getting payment for services rendered. KQ currently has over 2B in revenue stuck in Nigeria. Of what use is it to keep flying while no assurance is made of repatriation of funds @obiero after KQ what is your next frontier counter at NSE? @spikes KQ remains terribly misunderstood and undervalued.. If a stock with over KES 6B loss can rally this hard, closing at a high of KES 5 today; at what price will we be when profits return with Michael Joseph http://www.businessdaily...0714-103dj2b/index.html[/quote] Dead cat bounce... Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:As keyboard critiques keep typing away, let's see whether the share price will fall today, at day 103.. There comes a time to make money, my time is now. Just like before on HFCK, SBU, BoK, KCB.. Arrogantly I refer to myself as the ultimate insider There is a 66.6% chance that KQ will not pay a dividend if your lifetime. Tomorrow is promised to no one not even the president of USA. Like I live for KES 0.35 dividend per YEAR? Soo juvenile that statement.. We invest for the next generation and the bible says that it is better to leave an inheritance.. Why live for a meager dividend?? Capital gains define my investment strategy What is the use of investing in a tree that will never bear fruit. Tafakari hayo. Life is short. Live passionately.
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