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Kenya Airways...why ignore..
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obiero
#11901 Posted : Monday, March 18, 2019 8:33:19 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,215
Location: nairobi
xxxxx wrote:
obiero wrote:
ArrestedDev wrote:
sparkly wrote:
obiero wrote:
xxxxx wrote:
obiero wrote:
xxxxx wrote:
obiero wrote:
[quote=VituVingiSana]@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...2580-13ol23y/index.html[/quote]

Bitange Ndemo, the self confessed enterprenuaral and consulting failure is now an expert on KQ matters Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


2018 loss must be worse. The way Mikosz is talking leaves a lot of doubts for KQ.

Ngunze and Naikuni messed the Airline big time and no need to apportion blame anymore. Pilots should not be blamed also. How much does KLM folks, Polish consultants and Mikosz earn in comparison to the output?

It is time for him to go if he cannot put in place a strong strategy team to guide the Airline forward.

5.6B loss is my forecast.. Sebastian talk is OK, the pain of having to explain a decision that benefits Kenyans who apparently do not see the sense in it


@Obiero.....u remind me of NJUNGE who was in love with Mumias Sugar. I really wish Njunge could speak about Mumias Sugar's current predicament.

One day soon it will all make sense to everyone.. Very soon. Today's volume traded is an indication

KQ ABP 4.26
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  | | Edit by user: Monday, March 18, 2019 8:34 PM | Reason: Not specified
VituVingiSana
#11902 Posted : Monday, March 18, 2019 9:49:41 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
xxxxx wrote:
obiero wrote:
ArrestedDev wrote:
sparkly wrote:
obiero wrote:
xxxxx wrote:
obiero wrote:
xxxxx wrote:
obiero wrote:
[quote=VituVingiSana]@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...2580-13ol23y/index.html[/quote]

Bitange Ndemo, the self confessed enterprenuaral and consulting failure is now an expert on KQ matters Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


2018 loss must be worse. The way Mikosz is talking leaves a lot of doubts for KQ.

Ngunze and Naikuni messed the Airline big time and no need to apportion blame anymore. Pilots should not be blamed also. How much does KLM folks, Polish consultants and Mikosz earn in comparison to the output?

It is time for him to go if he cannot put in place a strong strategy team to guide the Airline forward.

5.6B loss is my forecast.. Sebastian talk is OK, the pain of having to explain a decision that benefits Kenyans who apparently do not see the sense in it


@Obiero.....u remind me of NJUNGE who was in love with Mumias Sugar. I really wish Njunge could speak about Mumias Sugar's current predicament.

One day soon it will all make sense to everyone.. Very soon. Today's volume traded is an indication

One day in 2012, it made sense to me. I dumped my KQ at 13-14. Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#11903 Posted : Monday, March 18, 2019 11:24:36 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,215
Location: nairobi
The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf

KQ ABP 4.26
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sparkly
#11904 Posted : Tuesday, March 19, 2019 7:17:21 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote]

I have gone through the document but remain as sceptical as ever.

1. KQ has destroyed value for the last 10 years. It has issued new equity, taken loans to no avail. It is a mismanaged institution out to cannibalise assets of another parastal so as to pay off its own debts.

2. KQ is a listed public company but wants to enjoy the benefits of a government owned institution. It wants to have its cake and eat it. KQ's privatization based on Thatchernomics model was hailed as the most successful of its time. It went on to raise equity and debt capital based on its listed status. The Company has exhausted corporate goodwill at the nse and no longer wants to be listed.

3. KQ cannot have its cake and eat it. It cannot enjoy benefits of liberal market economics and still get GOK protection. Let us accept that privatization did not work for KQ, drop the current model and go for whatever works.

4. No company dies without ceremony. For KQ the ceremony will be liquidation, GOK to pay off sovereign guarantees.

5. Treasury can then go on to incorporate a new airline, fully governmemt owned and controlled to be driver of Kenya GDP blah blah blah
Life is short. Live passionately.
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nairobby
#11905 Posted : Tuesday, March 19, 2019 9:56:54 AM
Rank: Member

Joined: 1/18/2019
Posts: 185
Location: kenya
[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote]

I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure
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snifadog
#11906 Posted : Tuesday, March 19, 2019 11:02:12 AM
Rank: Member

Joined: 6/6/2016
Posts: 167
Location: Nairobi
Kenya (gov't and private sector) in its current does not have the financial and operational discipline to run an international airline. Let's accept and move on. 2 years from now we shall be inspecting the carcass of KAA if this takeover happens
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Fyatu
#11907 Posted : Tuesday, March 19, 2019 11:23:53 AM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Does anyone have information on the bid offers for my injured monkey - ARM? Githeri media has not been forthcoming with information. Even the disgraced Aly-Khan (AKS) has not tweeted. Kwani huko Nairobi siku hizi kuko aje??
Dumb money becomes dumb only when it listens to smart money
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muandiwambeu
#11908 Posted : Tuesday, March 19, 2019 5:06:35 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
nairobby wrote:
[quote=obiero]The much anticipated and misunderstood PIIP document http://www.winda.co.ke/Proposed-PPP-KAA-KQ.pdf[/quote]

I love KQ but this doc doesn't explain how this PPP will reduce KQ's biggest problem which is the crazy high cost structure

Njege ino.
They should have keep that monkey in a darkened cage instead. Now it is all in the public limelight and undefendable. Monkey business it was as usual. You see!
Experts talking monkey business in English thinking it's polish, polite and cool and expecting cool compliments for work well done online. Get off my back!
Feeling relieved by the conclusion made by the captains of this ship. They should now do the honourable thing instead of going kamikaze with the entire crew so that a new Joshua can take charge and lead the people to the promised Land. I am foreseeing more and more noise onward.
,Behold, a sower went forth to sow;....
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HaMaina
#11909 Posted : Tuesday, March 19, 2019 8:41:27 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
I've just received a PDF file on Kq/KAA merger but don't know how to post on wazua. Pls assist or give an email address.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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HaMaina
#11910 Posted : Tuesday, March 19, 2019 9:48:31 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Bwana Obiero pls send email address by sms to 0777-749904.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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