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Kenya Airways...why ignore..
Spikes
#7261 Posted : Thursday, March 23, 2017 9:01:46 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
maka wrote:
Treasury’s Sh20bn KQ loan terms alarm MPs
Herbling David hdavid@ke.nationmedia.com

Kenyan taxpayers are facing the prospect of paying a Sh20 billion ($200 million) debt next year when a governmentbacked short-term loan advanced to national carrier Kenya Airways matures.

Members of Parliament have flagged the loan as a big risk to the stability of public finances as it has to be fully repaid in one lump sum.

The Treasury guaranteed the bailout funds, meaning taxpayers must foot the bill in the event that cash-starved KQ, as the airline is popularly known, defaults on the dollardenominated loan.

Cairo-based African ExportImport Bank provided the syndicated loan at an interest rate of 6.80 per cent per annum. It was hoped that KQ would be in a better position to pay the loan after the twoyear term but that is unlikely to happen given the slow pace at which the airline is recovering.

“This loan has a grace period of two years and will be due for payment in 2018 in one instalment,”

Budget committee chairman Mutava Musyimi says in a report submitted to the National Assembly.

“This payment of a huge amount of money at a go is likely to shock the financial pillars of the national budget.”

Wanjiku kazi yake is giving a big hand to politicians at rallies when the treasury is busy diverting taxpayers' money to KQ for top management to enrich themselves. ...Quite sad.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
ARAP CHARLES
#7262 Posted : Thursday, March 23, 2017 11:06:41 AM
Rank: Member


Joined: 5/30/2016
Posts: 217
Location: Talai
HAKI this rally should wait for me kidogo. quite held..
Watch and Listen and Live
lochaz-index
#7263 Posted : Thursday, March 23, 2017 11:08:58 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
maka wrote:
Treasury’s Sh20bn KQ loan terms alarm MPs
Herbling David hdavid@ke.nationmedia.com

Kenyan taxpayers are facing the prospect of paying a Sh20 billion ($200 million) debt next year when a governmentbacked short-term loan advanced to national carrier Kenya Airways matures.

Members of Parliament have flagged the loan as a big risk to the stability of public finances as it has to be fully repaid in one lump sum.

The Treasury guaranteed the bailout funds, meaning taxpayers must foot the bill in the event that cash-starved KQ, as the airline is popularly known, defaults on the dollardenominated loan.

Cairo-based African ExportImport Bank provided the syndicated loan at an interest rate of 6.80 per cent per annum. It was hoped that KQ would be in a better position to pay the loan after the twoyear term but that is unlikely to happen given the slow pace at which the airline is recovering.

“This loan has a grace period of two years and will be due for payment in 2018 in one instalment,”

Budget committee chairman Mutava Musyimi says in a report submitted to the National Assembly.

“This payment of a huge amount of money at a go is likely to shock the financial pillars of the national budget.”

GoK and Kq are both walking on a tight rope.
The main purpose of the stock market is to make fools of as many people as possible.
Spikes
#7264 Posted : Thursday, March 23, 2017 11:11:34 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
karasinga
#7265 Posted : Thursday, March 23, 2017 11:16:56 AM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
obiero
#7266 Posted : Thursday, March 23, 2017 11:56:26 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,795
Location: nairobi
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
karasinga
#7267 Posted : Thursday, March 23, 2017 12:47:53 PM
Rank: Veteran


Joined: 2/26/2015
Posts: 1,147
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

smile enjoying the flight
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
maka
#7268 Posted : Thursday, March 23, 2017 1:15:45 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
I think i work too hard for my money and I would never gamble with it...Without a doubt investing in a proper company with sound fundamentals always pays...case in point scom...guys who have been in BAT and a few other companies...If you want a steady string of income for the long term invest in such but if you like the thrill thats akin Russian roulette...KQ is the one.
possunt quia posse videntur
VituVingiSana
#7269 Posted : Thursday, March 23, 2017 8:20:55 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,225
Location: Nairobi
It's a pity that KK, I&M, etc have to pay taxes that are used to support the thieves at KQ.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#7270 Posted : Friday, March 24, 2017 8:20:13 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,795
Location: nairobi
VituVingiSana wrote:
It's a pity that KK, I&M, etc have to pay taxes that are used to support the thieves at KQ.

Another day of gains awaits us today at the NSE. Ukiona VYAELEA.. http://www.businessdaily...62128-1ytrkpz/index.html

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
obiero
#7271 Posted : Friday, March 24, 2017 9:07:33 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,795
Location: nairobi
karasinga wrote:
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

smile enjoying the flight

Totally. The ride of a lifetime

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
Ericsson
#7272 Posted : Friday, March 24, 2017 9:44:13 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,779
Location: NAIROBI
obiero wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

smile enjoying the flight

Totally. The ride of a lifetime


We have started on a down trend today sir obiero
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#7273 Posted : Friday, March 24, 2017 10:46:20 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

March 5th?? Next year? d'oh! d'oh!
Pesa Nane plans to be shilingi when he grows up.
obiero
#7274 Posted : Friday, March 24, 2017 10:47:35 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,795
Location: nairobi
Pesa Nane wrote:
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

March 5th?? Next year? d'oh! d'oh!

Gai. Makosa imefanyika. Meant May 5th

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
obiero
#7275 Posted : Friday, March 24, 2017 10:49:48 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,795
Location: nairobi
Ericsson wrote:
obiero wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

smile enjoying the flight

Totally. The ride of a lifetime


We have started on a down trend today sir obiero

Watchin the market too closely can cause illness such as hypertension and ulcers

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
Spikes
#7276 Posted : Friday, March 24, 2017 10:52:29 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
Ericsson wrote:
obiero wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

smile enjoying the flight

Totally. The ride of a lifetime


We have started on a down trend today sir obiero

Watchin the market too closely can cause illness such as hypertension and ulcers

Applause Applause Applause
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
VituVingiSana
#7277 Posted : Friday, March 24, 2017 11:08:01 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,225
Location: Nairobi
Pesa Nane wrote:
obiero wrote:
karasinga wrote:
Spikes wrote:
ARAP CHARLES wrote:
HAKI this rally should wait for me kidogo. quite held..

Don't worry! We're expecting a miscarriage of this rally in couple of days from now. Relax and look for resources for substantial entry.

The worst case scenario will be for KQ to print around 4.2. In the meantime...here

KES 6.2 being 7.8% up today in addition to the 9.4% rise registered yesterday.. 17.2% total rise in just 2 days.. The rally of a lifetime.. At KES 8, I will lighten and offload everything at KES 12.. @karasinga KES 4.2 shall not be seen in the near future @vvs @ericsson @sparkly we wait for March 5th

March 5th?? Next year? d'oh! d'oh!

That's the Modus Operandi. It's always going to turnaround... Next year. Same story since 2012.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Spikes
#7278 Posted : Friday, March 24, 2017 2:37:53 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
KQ succumbs to selling pressure again! It's headed south more rapidly!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
maka
#7279 Posted : Friday, March 24, 2017 3:49:14 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Spikes wrote:
KQ succumbs to selling pressure again! It's headed south more rapidly!


@Spikes and Obiero allow me to buy you a drink then we sit down with fellows who matter at KQ they tell you the state of the co.
possunt quia posse videntur
Ebenyo
#7280 Posted : Friday, March 24, 2017 4:31:36 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
maka wrote:
I think i work too hard for my money and I would never gamble with it...Without a doubt investing in a proper company with sound fundamentals always pays...case in point scom...guys who have been in BAT and a few other companies...If you want a steady string of income for the long term invest in such but if you like the thrill thats akin Russian roulette...KQ is the one.



Sometimes you wonder that there are shareholders in companies like express,marshalls and others.Why someone is still their is a puzzle.
Towards the goal of financial freedom
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