Wazua
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Kenya Airways...why ignore.. end 2025
Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Pesa Nane wrote:obiero wrote:Spikes wrote:muandiwambeu wrote:obiero wrote:Ericsson wrote: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 The latest CEO statement fully hangs the hung KQ share.. Sad really @kqueer, the cup is always full of storm brewing ingredients. Let see how that lockout will do to your kqueerns. Verily, verily I say to you, your wealth as measured in kq, will be quartered before your life is permanently expired. Live and learn The only important, defendable mission here is eating, your noises are intolerable. Buckleup and shuttle out, we are soon going private for more better and cosy private sessions. Dilated and spated out. The musketeers just did what they does all the tym, minority shareholders just once again, about to test the shaft after buying into lipservice promises that were unbankable. Damned! ...'test the shaft'...So @Obiero must bend over low to receive the screw.  Hapa brother @Obiero naona utashikilia meza ukiwa umeangusha kikoi chini... Your mother loves that position. Remember I am your father. And I can post your birth certificate here GFF Receive my apology @pesanane COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,441 Location: Nairobi
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Minority shareholders need to form an association which can "collectively" deal with Minority rights. That said, these can be chaotic as well given some shareholders are just there for the goodies. I go for a few AGMs e.g. KK's AGMs. The majority of the shareholders are there for the food and gifts. It does not seem they have any interest in the proceedings. The rush for lunch is crazy and starts even before the AGM ends. At one AGM, one of those "vocal" shareholders had gone to the chairman and asked if the meeting could end early so the shareholders can attend another AGM!!! At I&M's AGM, the complaint was that it coincided with another AGM and the board should coordinate with other firms so the AGMs do not run concurrently. So who will fight for the minority shareholders if the minorities do not do so themselves? Do firms benefit from 1,000s of shareholders many of whom have just 100 shares? How many shareholders does KenRe, Unga, KQ, etc have? What's the value of the gift+food vs the value of 100 shares? I recall a lot of drama at a previous AGM when Unga did not give a bale of flour. That's a lot of bales if every shareholder came to claim one. I can understand why some firms want to go private including Unga. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:VituVingiSana wrote:Dear @Obiero, you have launched multiple ad hominem attacks at me and others. It doesn't help you.
If you disagree with anyone's position, then argue it out without resorting to insults. Win us over with cogent
It wasnt arguments.
Meanwhile, all the best with KQ. I have never insulted you and I do not recall you ever insulting me.. I deeply respect you. As for those who ever try to insult me, I hit back! It wasn't an insult but recurrent humour at best. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 1/20/2011 Posts: 1,822 Location: Nakuru
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VituVingiSana wrote:Minority shareholders need to form an association which can "collectively" deal with Minority rights. That said, these can be chaotic as well given some shareholders are just there for the goodies.
I go for a few AGMs e.g. KK's AGMs. The majority of the shareholders are there for the food and gifts. It does not seem they have any interest in the proceedings. The rush for lunch is crazy and starts even before the AGM ends.
At one AGM, one of those "vocal" shareholders had gone to the chairman and asked if the meeting could end early so the shareholders can attend another AGM!!! At I&M's AGM, the complaint was that it coincided with another AGM and the board should coordinate with other firms so the AGMs do not run concurrently.
So who will fight for the minority shareholders if the minorities do not do so themselves?
Do firms benefit from 1,000s of shareholders many of whom have just 100 shares? How many shareholders does KenRe, Unga, KQ, etc have? What's the value of the gift+food vs the value of 100 shares?
I recall a lot of drama at a previous AGM when Unga did not give a bale of flour. That's a lot of bales if every shareholder came to claim one.
I can understand why some firms want to go private including Unga. It reminds me of one AGM i attended and the "vocal windbag" complained about being served tea/juice and cake/croissants etc. He actually expressed dissatisfaction with the previous AGM where they were served with juice,chai, cake, and what he loosely referred to as Mandazi. Instead of asking questions about an impending bond maturity and how management planned to settle it, the meeting quickly degenerated to kofias and handbags and other branded goodies such as pens and keyholders. Only one pensioner complained about dividend drought and heavy perks the management kept on receiving yet it was loss after loss year in year out...I agree, most minority shareholders are wazees(pensioners) who sometimes don't behave well.However, i understand them. Retirement is not a joke and the pensioners derive lots of pleasure travelling to Nairobi and visiting big hotels to attend these meetings. However, the sharks at NSE have noticed this naivety and will exploit it to the end. Unga minorities are not out of the woods yet. Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Fyatu wrote:VituVingiSana wrote:Minority shareholders need to form an association which can "collectively" deal with Minority rights. That said, these can be chaotic as well given some shareholders are just there for the goodies.
I go for a few AGMs e.g. KK's AGMs. The majority of the shareholders are there for the food and gifts. It does not seem they have any interest in the proceedings. The rush for lunch is crazy and starts even before the AGM ends.
At one AGM, one of those "vocal" shareholders had gone to the chairman and asked if the meeting could end early so the shareholders can attend another AGM!!! At I&M's AGM, the complaint was that it coincided with another AGM and the board should coordinate with other firms so the AGMs do not run concurrently.
So who will fight for the minority shareholders if the minorities do not do so themselves?
Do firms benefit from 1,000s of shareholders many of whom have just 100 shares? How many shareholders does KenRe, Unga, KQ, etc have? What's the value of the gift+food vs the value of 100 shares?
I recall a lot of drama at a previous AGM when Unga did not give a bale of flour. That's a lot of bales if every shareholder came to claim one.
I can understand why some firms want to go private including Unga. It reminds me of one AGM i attended and the "vocal windbag" complained about being served tea/juice and cake/croissants etc. He actually expressed dissatisfaction with the previous AGM where they were served with juice,chai, cake, and what he loosely referred to as Mandazi. Instead of asking questions about an impending bond maturity and how management planned to settle it, the meeting quickly degenerated to kofias and handbags and other branded goodies such as pens and keyholders. Only one pensioner complained about dividend drought and heavy perks the management kept on receiving yet it was loss after loss year in year out...I agree, most minority shareholders are wazees(pensioners) who sometimes don't behave well.However, i understand them. Retirement is not a joke and the pensioners derive lots of pleasure travelling to Nairobi and visiting big hotels to attend these meetings. However, the sharks at NSE have noticed this naivety and will exploit it to the end. Unga minorities are not out of the woods yet. Well said.. The wazees have let us down COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:  @maka commet alles vous. le chef du monde est arrive Sigh... Seen a complaint on the food on KQ 505 and that's the new menu... But this is the silver bullet to take us back to profitability.. Hii plus the new uniform. possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,441 Location: Nairobi
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Special offer $700 for NBO-NYC on KQ Not clear from the ad in Nation whether it is OW or RT Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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VituVingiSana wrote:Special offer $700 for NBO-NYC on KQ
Not clear from the ad in Nation whether it is OW or RT It's one way COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 3/2/2009 Posts: 26,335 Location: Masada
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obiero wrote:VituVingiSana wrote:Special offer $700 for NBO-NYC on KQ
Not clear from the ad in Nation whether it is OW or RT It's one way One way on the last seats near the toilet. I wish you well. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:obiero wrote:  @maka commet alles vous. le chef du monde est arrive Sigh... Seen a complaint on the food on KQ 505 and that's the new menu... But this is the silver bullet to take us back to profitability.. Hii plus the new uniform. Hahaha, where is the link to the compliant? Is it online or it was lodged with KQ directly. They need to set up their own catering subsidiary to enforce the food quality themselves. Subcontracting should be left to Outstations only. The pax will always find out crap food.
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Kenya Airways...why ignore.. end 2025
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