Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:Two things to note on KQ 1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12 2. Minority shareholders will continue to be unwilling to sell below KES 21 Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes Nobody wants to buy Life is short. Live passionately.
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,484 Location: nairobi
|
sparkly wrote:obiero wrote:Two things to note on KQ 1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12 2. Minority shareholders will continue to be unwilling to sell below KES 21 Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes Nobody wants to buy I believe its more like no one wants to sell.. But the jury is out. You could be right! HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,657 Location: NAIROBI
|
obiero wrote:sparkly wrote:obiero wrote:Two things to note on KQ 1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12 2. Minority shareholders will continue to be unwilling to sell below KES 21 Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes Nobody wants to buy I believe its more like no one wants to sell.. But the jury is out. You could be right! Projections of 2018 HY results that ended saturday 2359hrs Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,077 Location: Nairobi
|
obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets Ngunze made out like a bandit during this stint in KQ. Everybody but the shareholders made money off KQ Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,077 Location: Nairobi
|
sparkly wrote:obiero wrote:Two things to note on KQ 1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12 2. Minority shareholders will continue to be unwilling to sell below KES 21 Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes Nobody wants to buy Meanwhile, there are those who used to make fun of my support for KK Ohana said during the AGM he expects a record year (PAT) in 2019. Of course, there is a catch i.e. there may be no more write-offs! An apples to apples comparison should be made on his claims. I think KQ will survive under Mikosz and Joseph but there's a cost to the Kenyan Taxpayer. JKIA is being given away for free to KQ. I do not mind KQ getting fair rates to use JKIA but giving JKIA to KQ is a subsidy. A better option would have been to reduce taxes/duties on planes, parts, fuel, etc that would make KQ (& other local airlines) more competitive. I hope KQ becomes profitable on an apples to apples basis and not just JKIA being given to KQ for free. All airlines that use Nairobi for maintenance and fueling should benefit from lower taxes. The more passengers we can fly in, out and through Nairobi is better for our economy. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,077 Location: Nairobi
|
ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,484 Location: nairobi
|
VituVingiSana wrote:ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! He isn't taking peanuts either https://www.businessdail...642004-355ywb/index.html HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,077 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,484 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC. KQ has a new lease of life via the KAA tie up.. We were taken to the cleaners via the denied Open Offer, but we shall rise above the deep water in due time. HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC. Remember he is not paying McKinsey anymore.
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
ArrestedDev wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC. Remember he is not paying McKinsey anymore. Hope they were not compensated to go away as was the case with that other thug Pesa Nane plans to be shilingi when he grows up.
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,077 Location: Nairobi
|
Pesa Nane wrote:ArrestedDev wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC. Remember he is not paying McKinsey anymore. Hope they were not compensated to go away as was the case with that other thug Everybody but the shareholders made money off KQ Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,484 Location: nairobi
|
VituVingiSana wrote:Pesa Nane wrote:ArrestedDev wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:ArrestedDev wrote:obiero wrote:D32 wrote:obiero wrote:D32 wrote:obiero wrote:[quote=D32]If KQ did not make profit, are they supposed to file nil return? NKT What does that mean? Do you know what happens if they don't make profit? All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return Thank you for the insight. Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote] I told you long ago your buddy was collapsing the Airline and calling it turnaround. Mikosz probably isn't dishing out freebies like Ngunze either! He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC. Remember he is not paying McKinsey anymore. Hope they were not compensated to go away as was the case with that other thug Everybody but the shareholders made money off KQ Past tense HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
https://money.cnn.com/20...&utm_source=twmoney
Guess what @KQ will do... possunt quia posse videntur
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,077 Location: Nairobi
|
maka wrote:https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney Guess what @KQ will do... Everybody but the shareholders made money off KQ (FY 2012-2017) Everybody but the minority shareholders will make money off KQ (FY 2018) I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,484 Location: nairobi
|
VituVingiSana wrote:maka wrote:https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney Guess what @KQ will do... Everybody but the shareholders made money off KQ (FY 2012-2017) Everybody but the minority shareholders will make money off KQ (FY 2018) I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,077 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:maka wrote:https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney Guess what @KQ will do... Everybody but the shareholders made money off KQ (FY 2012-2017) Everybody but the minority shareholders will make money off KQ (FY 2018) I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone You didn't even go to the KQ AGM. Anyway, I wish you the best! You will have a better chance at making money off KQ as anything [shill, vendor, favorite son] but a minority shareholder of KQ. That said, please support KQ as much as you can so that KQ can: 1) Pay off the loans to Equity, I&M and NIC. 2) KQLC can sell off its shares in KQ. 3) Build Kenya Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,484 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:maka wrote:https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney Guess what @KQ will do... Everybody but the shareholders made money off KQ (FY 2012-2017) Everybody but the minority shareholders will make money off KQ (FY 2018) I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone You didn't even go to the KQ AGM. Anyway, I wish you the best! You will have a better chance at making money off KQ as anything [shill, vendor, favorite son] but a minority shareholder of KQ. That said, please support KQ as much as you can so that KQ can: 1) Pay off the loans to Equity, I&M and NIC. 2) KQLC can sell off its shares in KQ. 3) Build Kenya Hehe. AGM attendance doesn't sway the board agenda HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Member Joined: 3/20/2008 Posts: 503
|
obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:maka wrote:https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney Guess what @KQ will do... Everybody but the shareholders made money off KQ (FY 2012-2017) Everybody but the minority shareholders will make money off KQ (FY 2018) I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone You didn't even go to the KQ AGM. Anyway, I wish you the best! You will have a better chance at making money off KQ as anything [shill, vendor, favorite son] but a minority shareholder of KQ. That said, please support KQ as much as you can so that KQ can: 1) Pay off the loans to Equity, I&M and NIC. 2) KQLC can sell off its shares in KQ. 3) Build Kenya Hehe. AGM attendance doesn't sway the board agenda Can't wait to learn what the minority shareholders have up their sleeves which will sway the board agenda especially since they are not consulted on anything really. A dissertation must be written about how to consistently shaft minority shareholders and get away with it. KQ will be used as a case study. This turnaround, if it ever happens, will be sweeeeeeet.......but I say no to going through a burning furnace, just to have a chance of seeing the turnaround. I'll continue watching and learning from the sidelines.
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,657 Location: NAIROBI
|
https://www.businessdail...46948-5c9c6v/index.html
I leave this here Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|