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Kenya Airways...why ignore..
obiero
#11801 Posted : Friday, March 08, 2019 3:17:40 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
maka wrote:
VituVingiSana wrote:
sparkly wrote:
Ericsson wrote:
S.Mutaga III wrote:
One thing I have learned is that Banks NEVER lose. I have a feeling that KQ will be allowed to run JKIA because the interested powers have the ability to make it happen. If this happens, this share will moon.


GOK guaranteed to repay KQ debt to banks if it defaults.GoK in it's current state doesn't have that money.
In KQ everyone is making money easily apart from minority shareholders


Project Mawingu is the whitest elephant in this country's history. It might easily precipitate debt default and a collapse of the Kenyan economy.

Who was the FinMin when Project Mawingu was OK'd?



UK ama? 🙄🙄🙄

In all honesty UK is a weak leader.... At this point this merger thing is above Sebastian and JA.... Why cant he even do a national press conference.... Bure kabisa.... Also KQ with its weak leaderahip a few years back HR used to do caravans.... Where everyone is explained to about chnages affecting the company even equipment operators in a language they understand...

This thing needs a full day conference and not a media briefing. GoK has already pumped in over KES 27B in the last two years alone, and now needs KES 11B new funds to push out Obiero and company. And after that an additional KES 40B to sort out negative equity. Meanwhile minority shareholders have sought legal counsel, mtajua hamjui!

KQ ABP 4.26
Ericsson
#11802 Posted : Friday, March 08, 2019 3:41:07 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
That is the only sane way the debt will be repaid and GoK to issue a directive that all government officials use KQ for trips abroad.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#11803 Posted : Friday, March 08, 2019 7:39:55 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
GoK should not waste funds bailing out minority shareholders in KQ except for KQLC.
KQLC was forced to convert debt into shares in KQ and the debts/promises should be made good.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#11804 Posted : Friday, March 08, 2019 8:44:14 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
GoK should not waste funds bailing out minority shareholders in KQ except for KQLC.
KQLC was forced to convert debt into shares in KQ and the debts/promises should be made good.

You are an evil man

KQ ABP 4.26
VituVingiSana
#11805 Posted : Friday, March 08, 2019 9:58:23 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
GoK should not waste funds bailing out minority shareholders in KQ except for KQLC.
KQLC was forced to convert debt into shares in KQ and the debts/promises should be made good.

You are an evil man

Taxpayer fed up of losing $1bn+
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
muandiwambeu
#11806 Posted : Saturday, March 09, 2019 6:47:02 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
obiero wrote:
maka wrote:
VituVingiSana wrote:
sparkly wrote:
Ericsson wrote:
S.Mutaga III wrote:
One thing I have learned is that Banks NEVER lose. I have a feeling that KQ will be allowed to run JKIA because the interested powers have the ability to make it happen. If this happens, this share will moon.


GOK guaranteed to repay KQ debt to banks if it defaults.GoK in it's current state doesn't have that money.
In KQ everyone is making money easily apart from minority shareholders


Project Mawingu is the whitest elephant in this country's history. It might easily precipitate debt default and a collapse of the Kenyan economy.

Who was the FinMin when Project Mawingu was OK'd?



UK ama? 🙄🙄🙄

In all honesty UK is a weak leader.... At this point this merger thing is above Sebastian and JA.... Why cant he even do a national press conference.... Bure kabisa.... Also KQ with its weak leaderahip a few years back HR used to do caravans.... Where everyone is explained to about chnages affecting the company even equipment operators in a language they understand...

This thing needs a full day conference and not a media briefing. GoK has already pumped in over KES 27B in the last two years alone, and now needs KES 11B new funds to push out Obiero and company. And after that an additional KES 40B to sort out negative equity. Meanwhile minority shareholders have sought legal counsel, mtajua hamjui!

Drama za Maxine, will leave u perplexed. This tym it's a buyout the other day it was open offer, recent engagements are forgotten.
Maxine, tabias zake mbaya mbaya, nikusslay tu.🤔🤔🤔
Weeeh. A true roller coaster ride to poverty, pandemonium and investoquandariness this one has proven to be.
I love it when I sleep soundly and I don't owe anyone thanks later.
,Behold, a sower went forth to sow;....
VituVingiSana
#11807 Posted : Saturday, March 09, 2019 7:52:38 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Air France to add two weekly flights to Nairobi
https://kenyanwallstreet...kly-flights-to-nairobi/
Rubis is sending over the moolah Applause Applause Applause
*Not for KQ but for KK lest @Obiero gets all excited
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#11808 Posted : Saturday, March 09, 2019 10:13:09 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
Air France to add two weekly flights to Nairobi
https://kenyanwallstreet...kly-flights-to-nairobi/
Rubis is sending over the moolah Applause Applause Applause
*Not for KQ but for KK lest @Obiero gets all excited

You mean Rubis :)

KQ ABP 4.26
maka
#11809 Posted : Saturday, March 09, 2019 12:42:14 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
VituVingiSana wrote:
Air France to add two weekly flights to Nairobi
https://kenyanwallstreet...kly-flights-to-nairobi/
Rubis is sending over the moolah Applause Applause Applause
*Not for KQ but for KK lest @Obiero gets all excited



Even without KQ being there... Other airlines will fill that gap.... Look at the orders for new planes from ET... Rwandair and the rest... Competition is stiff and will get even stiffer....
possunt quia posse videntur
obiero
#11810 Posted : Saturday, March 09, 2019 1:37:59 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
maka wrote:
VituVingiSana wrote:
Air France to add two weekly flights to Nairobi
https://kenyanwallstreet...kly-flights-to-nairobi/
Rubis is sending over the moolah Applause Applause Applause
*Not for KQ but for KK lest @Obiero gets all excited



Even without KQ being there... Other airlines will fill that gap.... Look at the orders for new planes from ET... Rwandair and the rest... Competition is stiff and will get even stiffer....

KCAA has lost its marbles granting license to uplift even from support airports like MIA. Our aviation sector is a sham

KQ ABP 4.26
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