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Kenya Airways...why ignore..
Ericsson
#6821 Posted : Monday, January 02, 2017 6:42:44 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,671
Location: NAIROBI
KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#6822 Posted : Monday, January 02, 2017 7:22:29 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
Ericsson wrote:
KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#6823 Posted : Monday, January 02, 2017 7:26:18 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
Ericsson wrote:
KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.
Life is short. Live passionately.
obiero
#6824 Posted : Tuesday, January 03, 2017 8:17:48 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
sparkly wrote:
obiero wrote:
Ericsson wrote:
KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.

Negative equity in itself is not a death sentence for airlines.. That's why KQ managed to rally despite its equity position https://www.quora.com/Wh...-on-their-balance-sheets

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#6825 Posted : Tuesday, January 03, 2017 8:26:33 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
sparkly wrote:
obiero wrote:
[quote=Ericsson]KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.

Negative equity in itself is not a death sentence for airlines.. That's why KQ managed to rally despite its equity position https://www.quora.com/Wh...on-their-balance-sheets[/quote]

Keep consoling yourself my brother.

On the "rally", even a dead cat dropped from high enough will bounce.
Life is short. Live passionately.
obiero
#6826 Posted : Tuesday, January 03, 2017 9:09:22 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
[quote=Ericsson]KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.

Negative equity in itself is not a death sentence for airlines.. That's why KQ managed to rally despite its equity position https://www.quora.com/Wh...on-their-balance-sheets[/quote]

Keep consoling yourself my brother.

On the "rally", even a dead cat dropped from high enough will bounce.

LOL.. All the best to you too brother

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
actuarywahisa
#6827 Posted : Tuesday, January 03, 2017 9:15:23 AM
Rank: Member


Joined: 5/21/2014
Posts: 184
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
[quote=Ericsson]KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.

Negative equity in itself is not a death sentence for airlines.. That's why KQ managed to rally despite its equity position https://www.quora.com/Wh...on-their-balance-sheets[/quote]

Keep consoling yourself my brother.

On the "rally", even a dead cat dropped from high enough will bounce.


Laughing out loudly Laughing out loudly Laughing out loudly
There are too many opportunities all around. Open your eyes and maybe you'll spot one
ArrestedDev
#6828 Posted : Thursday, January 05, 2017 1:43:31 AM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
An intricate web of shell companies formed to enrich a few individuals. The reason why Naikuni was appointed to the board of this doggy concession.

http://www.businessdaily...06922-y86phh/index.html

It is exactly what is happening in KQ. The loans taken out in the name of fleet renewal ended up in a few individuals pockets.

This is the reason Ngunze had to leave. KQ need a massive clean up.

maka
#6829 Posted : Thursday, January 05, 2017 5:28:44 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The planes are feeling the heat...not enough ground time for proper service which is a very bad thing...
possunt quia posse videntur
obiero
#6830 Posted : Thursday, January 05, 2017 7:12:42 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
maka wrote:
The planes are feeling the heat...not enough ground time for proper service which is a very bad thing...

Full activity and maximum revenue.. When planes lay idle, people moaned.. Now that we are active, people moan.. Can never satisfy everyone. KQ is on the right path http://www.businessdaily...506878-6u0sl3/index.html

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
maka
#6831 Posted : Thursday, January 05, 2017 9:26:59 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
[quote=maka]The planes are feeling the heat...not enough ground time for proper service which is a very bad thing...

Full activity and maximum revenue.. When planes lay idle, people moaned.. Now that we are active, people moan.. Can never satisfy everyone. KQ is on the right path http://www.businessdaily...06878-6u0sl3/index.html[/quote]

Boss do you know how many planes have had issues since start of December?You know it costs more paying for hotels...etc zero sum game.
possunt quia posse videntur
obiero
#6832 Posted : Thursday, January 05, 2017 10:09:15 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
maka wrote:
obiero wrote:
[quote=maka]The planes are feeling the heat...not enough ground time for proper service which is a very bad thing...

Full activity and maximum revenue.. When planes lay idle, people moaned.. Now that we are active, people moan.. Can never satisfy everyone. KQ is on the right path http://www.businessdaily...06878-6u0sl3/index.html[/quote]

Boss do you know how many planes have had issues since start of December?You know it costs more paying for hotels...etc zero sum game.

@maka not sure about the number of planes that have had issues, but I am happy that the uplift of passengers is steady.. HOTAC is a necessary evil in your line of trade

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
ArrestedDev
#6833 Posted : Thursday, January 05, 2017 12:46:31 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
obiero wrote:
maka wrote:
obiero wrote:
[quote=maka]The planes are feeling the heat...not enough ground time for proper service which is a very bad thing...

Full activity and maximum revenue.. When planes lay idle, people moaned.. Now that we are active, people moan.. Can never satisfy everyone. KQ is on the right path http://www.businessdaily...06878-6u0sl3/index.html[/quote]

Boss do you know how many planes have had issues since start of December?You know it costs more paying for hotels...etc zero sum game.

@maka not sure about the number of planes that have had issues, but I am happy that the uplift of passengers is steady.. HOTAC is a necessary evil in your line of trade


HOTAC wipes out everything my friend.Bad reputation too especially when there is no strategic communnication to protect it. There is an incident that led to an air turn back which was only communicated by KQ after pictures of emergency procedures on board the aircraft was circulated on social media.

Ngunze's fleet rationalization was ill-informed. I am waiting for the new CEO in earnest. Very interested in what he is going to do with the two B777 rotting in JKIA.

The new COO from KLM seems he was sent to come and supervise the death of KQ. I have not seen any serious change since he took over.
obiero
#6834 Posted : Thursday, January 05, 2017 9:52:15 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
actuarywahisa wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
[quote=Ericsson]KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.

Negative equity in itself is not a death sentence for airlines.. That's why KQ managed to rally despite its equity position https://www.quora.com/Wh...on-their-balance-sheets[/quote]

Keep consoling yourself my brother.

On the "rally", even a dead cat dropped from high enough will bounce.


Laughing out loudly Laughing out loudly Laughing out loudly

Michael Joseph flew back into the country last week after a successful meeting with KLM chief Peiter Elbers.. Yesterday, MJ was with UK in Mombasa where the head of state was briefed on progress of Operation Pride, with HE promising full support for KQ

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
maka
#6835 Posted : Thursday, January 05, 2017 10:19:57 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
actuarywahisa wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
[quote=Ericsson]KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.

Negative equity in itself is not a death sentence for airlines.. That's why KQ managed to rally despite its equity position https://www.quora.com/Wh...on-their-balance-sheets[/quote]

Keep consoling yourself my brother.

On the "rally", even a dead cat dropped from high enough will bounce.


Laughing out loudly Laughing out loudly Laughing out loudly

Michael Joseph flew back into the country last week after a successful meeting with KLM chief Peiter Elbers.. Yesterday, MJ was with UK in Mombasa where the head of state was briefed on progress of Operation Pride, with HE promising full support for KQ


Yeah right fully supporting the eating and embezzlement...
possunt quia posse videntur
obiero
#6836 Posted : Thursday, January 05, 2017 10:29:54 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
maka wrote:
obiero wrote:
actuarywahisa wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
[quote=Ericsson]KQ will take years and years before it's shareholder value turns positive unless it gets a cash injection in exchange of equity.

I will revive this quote in March 2017


You can revive it in 2027 and KQ's shareholder equity will still be negative barring a serious equity injection.

Negative equity in itself is not a death sentence for airlines.. That's why KQ managed to rally despite its equity position https://www.quora.com/Wh...on-their-balance-sheets[/quote]

Keep consoling yourself my brother.

On the "rally", even a dead cat dropped from high enough will bounce.


Laughing out loudly Laughing out loudly Laughing out loudly

Michael Joseph flew back into the country last week after a successful meeting with KLM chief Peiter Elbers.. Yesterday, MJ was with UK in Mombasa where the head of state was briefed on progress of Operation Pride, with HE promising full support for KQ


Yeah right fully supporting the eating and embezzlement...

@Maka Mbuvi has a fabulous exit surprise for your firm.. Watch this space for the PJT Partners financial deal to be announced prior to our CEO exit http://www.businessdaily...3507760-tb9gw/index.html

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#6837 Posted : Thursday, January 05, 2017 11:55:14 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,671
Location: NAIROBI
Government looking at reducing it's stake in KQ.
They have given the task to a consultant who is to come with a report
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#6838 Posted : Friday, January 06, 2017 7:06:53 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
Ericsson wrote:
Government looking at reducing it's stake in KQ.
They have given the task to a consultant who is to come with a report

MJ has the midas media touch. Excellent news starting to filter out.. I remain out, until I get access to the full year results. Meanwhile, head hunt is on for CEO post http://www.businessdaily...3507760-tb9gw/index.html

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#6839 Posted : Friday, January 06, 2017 8:05:18 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
In the meantime, my local kiosk, painted red, quietly makes more profit in one day than KQ has made in the past 5 years.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#6840 Posted : Friday, January 06, 2017 8:19:28 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,497
Location: nairobi
VituVingiSana wrote:
In the meantime, my local kiosk, painted red, quietly makes more profit in one day than KQ has made in the past 5 years.

LOL.. Trouble only lasts for a while. The darkest hour is always before dawn

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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