It is technically impossible to save Kenya Airways. Instead, the government should use the money it regularly saves KQ with, to launch an alternative airline that is wholly owned by the government (strictly no other investors). My reasoning is that KLM is the parasite that eats KQ from within, and at this point, it is impossible to get rid of it. The government should retain it's KQ shares, and watch KQ slide into insolvency. When the airline's assets are auctioned, it will get some as a shareholder, and as a creditor. These assets can then be used by the new airline which it will wholly own.

There is nothing like perspective when quoting what an expert said, unless you are a fan of Donald Trump.

@obiero, imagine, mzoga mozu. You are able to stomach this deal since the cook only just cleaned it in lemon juice after rinsing over and over again. Then you ignored the tell tale scent and you over did the spicing thing here at wazua by preaching to every corner off the world. Stop blind folding urself and see the light.
Otherwise usiwe nashida kuwa karibu na choo soon out of the obvious.
Anyway, I wish you were a choir master in my church, since the congregation would swell and my offerings would grow ten fold.

Could someone please assist to fact check this mofo with a link. I do not like how these kids of nowadays behave

Thanks for the update.. However, the jpegs do not show total issued shares as at time of stock split for KCB.. This link shows 2.2B issued shares post 2008 rights issue. How @Ericsson comes up with the 199 shares remains a modern mystery http://www.cmarcp.or.ke/...kcb-rights-issue-1/file

Obiero
Prior to the share split of 2007 KCB issued shares was 199,600,000
KCB then did a 1:10 share split and the issued shares became 1996000000
A rights issue was then did in 2008 at the ratio of 1:9 where 221,777,777
were on offer.
The rights was oversubscribed and the total number of issued KCB shares became 2217777777.
This was then the number of issued shares when KCB was doing its 2010 rights issue.
For further details the link of the performance of the 2008 rights issue is as below;
http://younginvestors.co...20RESULTS%20SUMMARY.pdf[/quote]
Ushindwe!



Sasa tupe uwongo ingine kuhusu KQ

Hahaha..

@ the exchange bar.. word is out; 7.8B new shares needed to cover 48B conversion of GoK and financiers debt at KES 25B & 23B, respectively.. Share price agreed between parties for purchase is KES 7.2.. Fundamentally, KQ has obtained a new lease of life. Due to this fact, National Assembly has agreed to pass the Sessional Paper 3 in Wednesday's sitting. I sit tight, noting that in stock investment you must be prepared mentally to loose everything or gain it all..