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Kenya Airways...why ignore..
littledove
#11871 Posted : Sunday, March 17, 2019 5:31:42 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
https://www.nation.co.ke/oped/opinion/Proposed-deal-on-JKIA-in-best-interest-of-Kenya/440808-5028386-8yvt9wz/index.html
What seems to have escaped most of the ill-informed commentators is that the position of JKIA and Nairobi as a financial and business hub has been deteriorating over the last 10 years. Just look at what Ethiopia is doing at its revamped Bole Airport. Both passengers and cargo are moving to Addis Ababa. Why? Because their government has decided to invest in both its airline and airport as a strategic move for the country. Rwanda is doing the same.
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
obiero
#11872 Posted : Sunday, March 17, 2019 5:33:37 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
@sparkly - Why do you want to hurt someone's feelings?

“There is actually no way KQ can be profitable in its current state. I don’t know how to do that,” Mr Mikosz said.

“The pilots are overpaid and the workforce bloated, bleeding the airline to death,” he said.

In Mr Makosz's view, KQ should be delisted from the Nairobi Securities Exchange to facilitate a quieter turnaround away from the noise of minority shareholders.

Mr Mikosz took a swipe at his predecessors Titus Naikuni and Mbuvi Ngunze, for bringing KQ to its current predicament.

Problems were compounded in 2017 when the airline was forced into a bad restructuring programme.

https://www.theeastafric...558-15dhd7kz/index.html

The JKIA must be gained by KQ or I am sunk. Well at least @maka has achieved his objective of forcing Sebastian out via sabotage including labor unrest and intentional malicious damage by the technical team to three aircraft in the last 6 months. As I have stated here since 2012, KQ employees are the main problem at KQ and not the airline industry itself.. Kenya has reasonable visitor traffic to ensure a profitable KQ, but the staff have other ideas including collusion with travel agents to drive traffic away from KQ to competition for a cut. Imagine that

KQ ABP 4.26
xxxxx
#11873 Posted : Sunday, March 17, 2019 8:29:21 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
obiero wrote:
VituVingiSana wrote:
@sparkly - Why do you want to hurt someone's feelings?

“There is actually no way KQ can be profitable in its current state. I don’t know how to do that,” Mr Mikosz said.

“The pilots are overpaid and the workforce bloated, bleeding the airline to death,” he said.

In Mr Makosz's view, KQ should be delisted from the Nairobi Securities Exchange to facilitate a quieter turnaround away from the noise of minority shareholders.

Mr Mikosz took a swipe at his predecessors Titus Naikuni and Mbuvi Ngunze, for bringing KQ to its current predicament.

Problems were compounded in 2017 when the airline was forced into a bad restructuring programme.

https://www.theeastafric...558-15dhd7kz/index.html

The JKIA must be gained by KQ or I am sunk. Well at least @maka has achieved his objective of forcing Sebastian out via sabotage including labor unrest and intentional malicious damage by the technical team to three aircraft in the last 6 months. As I have stated here since 2012, KQ employees are the main problem at KQ and not the airline industry itself.. Kenya has reasonable visitor traffic to ensure a profitable KQ, but the staff have other ideas including collusion with travel agents to drive traffic away from KQ to competition for a cut. Imagine that



.....and yet with all that info, you still hope for returns from this monkeyShame on you Shame on you Shame on you
obiero
#11874 Posted : Sunday, March 17, 2019 9:09:11 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
xxxxx wrote:
obiero wrote:
VituVingiSana wrote:
@sparkly - Why do you want to hurt someone's feelings?

“There is actually no way KQ can be profitable in its current state. I don’t know how to do that,” Mr Mikosz said.

“The pilots are overpaid and the workforce bloated, bleeding the airline to death,” he said.

In Mr Makosz's view, KQ should be delisted from the Nairobi Securities Exchange to facilitate a quieter turnaround away from the noise of minority shareholders.

Mr Mikosz took a swipe at his predecessors Titus Naikuni and Mbuvi Ngunze, for bringing KQ to its current predicament.

Problems were compounded in 2017 when the airline was forced into a bad restructuring programme.

https://www.theeastafric...558-15dhd7kz/index.html

The JKIA must be gained by KQ or I am sunk. Well at least @maka has achieved his objective of forcing Sebastian out via sabotage including labor unrest and intentional malicious damage by the technical team to three aircraft in the last 6 months. As I have stated here since 2012, KQ employees are the main problem at KQ and not the airline industry itself.. Kenya has reasonable visitor traffic to ensure a profitable KQ, but the staff have other ideas including collusion with travel agents to drive traffic away from KQ to competition for a cut. Imagine that



.....and yet with all that info, you still hope for returns from this monkeyShame on you Shame on you Shame on you

Returns will come because GoK will not let the firm die.. You expect me to sell at 78% loss position? I will take my chances and wait to see how it ends..

KQ ABP 4.26
xxxxx
#11875 Posted : Sunday, March 17, 2019 9:26:38 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
obiero wrote:
xxxxx wrote:
obiero wrote:
VituVingiSana wrote:
@sparkly - Why do you want to hurt someone's feelings?

“There is actually no way KQ can be profitable in its current state. I don’t know how to do that,” Mr Mikosz said.

“The pilots are overpaid and the workforce bloated, bleeding the airline to death,” he said.

In Mr Makosz's view, KQ should be delisted from the Nairobi Securities Exchange to facilitate a quieter turnaround away from the noise of minority shareholders.

Mr Mikosz took a swipe at his predecessors Titus Naikuni and Mbuvi Ngunze, for bringing KQ to its current predicament.

Problems were compounded in 2017 when the airline was forced into a bad restructuring programme.

https://www.theeastafric...558-15dhd7kz/index.html

The JKIA must be gained by KQ or I am sunk. Well at least @maka has achieved his objective of forcing Sebastian out via sabotage including labor unrest and intentional malicious damage by the technical team to three aircraft in the last 6 months. As I have stated here since 2012, KQ employees are the main problem at KQ and not the airline industry itself.. Kenya has reasonable visitor traffic to ensure a profitable KQ, but the staff have other ideas including collusion with travel agents to drive traffic away from KQ to competition for a cut. Imagine that



.....and yet with all that info, you still hope for returns from this monkeyShame on you Shame on you Shame on you

Returns will come because GoK will not let the firm die.. You expect me to sell at 78% loss position? I will take my chances and wait to see how it ends..


Sometimes the best thing to do when u find yourself in a hole is to stop digging. Govt not letting KQ die is not slang for you making money off KQ stock.

At 78% loss, you need kq to rise by 156% just to break even. You need miracles and blessings my brother. With Mikosz's most recent situation analysis, and his opinion that KQ should be delisted to sort itself quietly away from the likes of you minority shareholders, that staff are overpaid, that govt patronage is mandatory for KQ, the writing's on the wall for u. He's given KQ at most 5 years.

We have more possibility for positive returns on our ARMCement 100% write offs than your stake in KQ. You better believe Murphy's law and act accordingly. Cut your losses while u still can. Thank me later.
VituVingiSana
#11876 Posted : Sunday, March 17, 2019 9:47:34 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
@xxxx - A 78% loss needs more than a gain of 156%

For our example, let's use 80% since the math is easier.
A share bought at 100 is now down 80% = 20/-
To get back to 100/-, it has to increase by 400%
100% gain is 20+20=40
200% gain is 40+20=60
300% gain is 60+20=80
400% gain is 80+20=100

On ARM, have you heard anything?
I have written it off so anything is pure profit.
The profit/gain from KK has more than covered any losses I have made in the past 5 years!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#11877 Posted : Sunday, March 17, 2019 10:02:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
@xxxx - A 78% loss needs more than a gain of 156%

For our example, let's use 80% since the math is easier.
A share bought at 100 is now down 80% = 20/-
To get back to 100/-, it has to increase by 400%
100% gain is 20+20=40
200% gain is 40+20=60
300% gain is 60+20=80
400% gain is 80+20=100

On ARM, have you heard anything?
I have written it off so anything is pure profit.
The profit/gain from KK has more than covered any losses I have made in the past 5 years!

Unfortunately no. I have heard nothing on ARM. Remember, dead men tell no tales

KQ ABP 4.26
obiero
#11878 Posted : Sunday, March 17, 2019 10:04:20 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
xxxxx wrote:
obiero wrote:
xxxxx wrote:
obiero wrote:
VituVingiSana wrote:
@sparkly - Why do you want to hurt someone's feelings?

“There is actually no way KQ can be profitable in its current state. I don’t know how to do that,” Mr Mikosz said.

“The pilots are overpaid and the workforce bloated, bleeding the airline to death,” he said.

In Mr Makosz's view, KQ should be delisted from the Nairobi Securities Exchange to facilitate a quieter turnaround away from the noise of minority shareholders.

Mr Mikosz took a swipe at his predecessors Titus Naikuni and Mbuvi Ngunze, for bringing KQ to its current predicament.

Problems were compounded in 2017 when the airline was forced into a bad restructuring programme.

https://www.theeastafric...558-15dhd7kz/index.html

The JKIA must be gained by KQ or I am sunk. Well at least @maka has achieved his objective of forcing Sebastian out via sabotage including labor unrest and intentional malicious damage by the technical team to three aircraft in the last 6 months. As I have stated here since 2012, KQ employees are the main problem at KQ and not the airline industry itself.. Kenya has reasonable visitor traffic to ensure a profitable KQ, but the staff have other ideas including collusion with travel agents to drive traffic away from KQ to competition for a cut. Imagine that



.....and yet with all that info, you still hope for returns from this monkeyShame on you Shame on you Shame on you

Returns will come because GoK will not let the firm die.. You expect me to sell at 78% loss position? I will take my chances and wait to see how it ends..


Sometimes the best thing to do when u find yourself in a hole is to stop digging. Govt not letting KQ die is not slang for you making money off KQ stock.

At 78% loss, you need kq to rise by 156% just to break even. You need miracles and blessings my brother. With Mikosz's most recent situation analysis, and his opinion that KQ should be delisted to sort itself quietly away from the likes of you minority shareholders, that staff are overpaid, that govt patronage is mandatory for KQ, the writing's on the wall for u. He's given KQ at most 5 years.

We have more possibility for positive returns on our ARMCement 100% write offs than your stake in KQ. You better believe Murphy's law and act accordingly. Cut your losses while u still can. Thank me later.

Hakuna kitu mpya unaniambia.. I am ready to loose 100% and fully provide for the same but I sense that a turnaround is imminent.. That's why I remain inside https://www.businessdail...12580-13ol23y/index.html

KQ ABP 4.26
obiero
#11879 Posted : Sunday, March 17, 2019 10:38:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Michael Joseph speaks about the ill-informed commentators https://www.nation.co.ke...28386-8yvt9wz/index.html

KQ ABP 4.26
Ericsson
#11880 Posted : Monday, March 18, 2019 12:54:47 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Merging KQ with JKIA doesn;t sort out the structural inefficiencies of KQ.
KQ workers and pilots are among the highest in Africa and in the world if you look at it's revenues.
Staff costs as a percentage of revenue.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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