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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,781 Location: nairobi
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Angelica _ann wrote:enyands wrote:VituVingiSana wrote:enyands wrote:Impunity wrote:obiero wrote:Mbuvi Ngunze is the guest on JKL tonight Anything we haven't heard?I doubt!!! So what did mbuvi say I didn't watch it but I bet the usual stuff which @Obiero can confirm 1) Ebola. 2) Travel warnings. 3) New strategy. 4) Lower costs. 5) Vision 2030. 6) Hedges are good. 7) Volatility of fuel prices. 8) Competition copied us. I am staying far away. I can buy KK at 9/- ... and I'd rather buy KK than KQ. @vvs for once I agree with you after quit some different opinionated views earlier . I'd rather do kk when it's 10 than kq at 5 bob Surprisingly he smooth talked himself around the questions talking strategy & business focus without blaming so much the usual issues. He has asked for 18 months normalization/recovery period & back to good business in the 'long term'. He did not mention even once, the following: 1) Ebola. 4) Lower costs. 5) Vision 2030. 6) Hedges are good. 7) Volatility of fuel prices. 8) Competition copied us. In brief, he talked firmly about staff productivity, customer centricity, OTP, accounting on the P&L, ticket pricing, KALPA.. The gentleman has acute awarness of what went wrong and they are fixing the issues. @ann he actually said 12-18 months upon which KQ will rise like the proverbial phoenix.. COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,781 Location: nairobi
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@dennis awori should not be re-elected. I recall he was in the deep on the Tokyo matter. Anywho, I have cast my vote for Dr Jason R Kapkirwok COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,781 Location: nairobi
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its hot here. guys have flared up.. the board willd definitely not present itself with a loss at next AGM COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:its hot here. guys have flared up.. the board willd definitely not present itself with a loss at next AGM Brother are you okay? Hope the flares didn't El-Nino you. All the best. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 6/23/2009 Posts: 13,781 Location: nairobi
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Boris Boyka wrote:obiero wrote:its hot here. guys have flared up.. the board willd definitely not present itself with a loss at next AGM Brother are you okay? Hope the flares didn't El-Nino you. All the best. never have I seen such an agitated gathering.. one speaker after another spewing disgust. alex was told off as having presented 'rubbish', ngunze was called a liar.. they may not sleep well tonight, if they are human COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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obiero wrote:Boris Boyka wrote:obiero wrote:its hot here. guys have flared up.. the board willd definitely not present itself with a loss at next AGM Brother are you okay? Hope the flares didn't El-Nino you. All the best. never have I seen such an agitated gathering.. one speaker after another spewing disgust. alex was told off as having presented 'rubbish', ngunze was called a liar.. they may not sleep well tonight, if they are human Eti human? They are Anacondas. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Impunity wrote:obiero wrote:Boris Boyka wrote:obiero wrote:its hot here. guys have flared up.. the board willd definitely not present itself with a loss at next AGM Brother are you okay? Hope the flares didn't El-Nino you. All the best. never have I seen such an agitated gathering.. one speaker after another spewing disgust. alex was told off as having presented 'rubbish', ngunze was called a liar.. they may not sleep well tonight, if they are human Eti human? They are Anacondas. They should do honorable thing like west do. Step aside and let serious people take leadership. I think kq should hire wazungu who know aviation industry best and bring their culture along since we as africans have failed. Ngunze was naikuni Deputy right ,then what the hell is he doing in that company honestly .hii ni rubbish mtupu
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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obiero wrote:Boris Boyka wrote:obiero wrote:its hot here. guys have flared up.. the board willd definitely not present itself with a loss at next AGM Brother are you okay? Hope the flares didn't El-Nino you. All the best. never have I seen such an agitated gathering.. one speaker after another spewing disgust. alex was told off as having presented 'rubbish', ngunze was called a liar.. they may not sleep well tonight, if they are human KES 95mn salaries + kickbacks. Watalala salama. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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As an esteemed Flying Blue member (was once a Platinum, but do I say) I got this missive in the mail:
Dear Sir, Madam, I am sure that like all of us, you were shocked by the events that took place at the end of Air France’s Central Works Council meeting last Monday. What we all saw does not represent Air France. These violent acts were the work of isolated individuals and do not reflect the reality nor the ambition of your airline. Furthermore, these events did not disrupt our flights in any way. In a highly competitive world, Air France needs to take brave steps to ensure its future as a leading airline with global ambitions. As you've no doubt noticed when you travel with us, Air France is committed to an unprecedented transformation of its products and services. Our goal is simple: to offer you a high quality product, with a French touch that makes us stand out. We will continue to do this. We are doing all we can to earn your trust and look forward to welcoming you again soon on one of our flights. Frédéric Gagey and the teams at Air France
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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obiero wrote:@dennis awori should not be re-elected. I recall he was in the deep on the Tokyo matter. Anywho, I have cast my vote for Dr Jason R Kapkirwok Why did he resign as their strategy director?
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Rank: Elder Joined: 6/23/2009 Posts: 13,781 Location: nairobi
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Gordon Gekko wrote:obiero wrote:@dennis awori should not be re-elected. I recall he was in the deep on the Tokyo matter. Anywho, I have cast my vote for Dr Jason R Kapkirwok Why did he resign as their strategy director? Says greener pastures beckoned. However, Amb Awori admitted to being fraudulent in a court of law, that he faked documents to aid a relative get entry to Japan while he was the ambassador.. Surely, what cant he do, if he can fake a letter on govt letterhead! COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 6/23/2009 Posts: 13,781 Location: nairobi
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On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...ts-200-mln-bridging-loan COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Bado tu ma loss loss? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote] Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads. 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: 13,781 Location: nairobi
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VituVingiSana wrote:[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote] Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads. I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Member Joined: 3/26/2012 Posts: 830
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obiero wrote:VituVingiSana wrote:[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote] Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads. I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage You run a website that advises people on matters of stocks,,,I cant believe you are in this bus. Anyway, utaendelea kunyoroshwa mpaka lini? You are taking a serious beating out of ignorance. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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obiero wrote:VituVingiSana wrote:[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote] Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads. I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage Sir I'm not a guru of stocks but I'll tell you one thing,when you see smoke know there is fire underneath.as I said earlier they need someone with a different business culture (preferably western culture)here back home to revive that industry. But as long as we have the same board, same management it will be a repetitive cycle.I'm happy you have realised that.
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Rank: Elder Joined: 6/23/2009 Posts: 13,781 Location: nairobi
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S.Mutaga III wrote:obiero wrote:VituVingiSana wrote:[quote=obiero]On November 12 at the KQ pride centre expect an announcement of KES 7.4B loss before tax.. The profit will soon come, but later than anticipated due to delayed sale of subject craft https://www.standardmedi...s-200-mln-bridging-loan[/quote] Every 6 months, you tell us the next 6 months will be better. Good luck. In the meantime, drop by the KK & KenRe threads. I honestly had guesstimated the turnaround by H1, but got new data over the weekend that led me to place a sale of 26,400 shares today.. im still inside the plane, but lighter on baggage You run a website that advises people on matters of stocks,,,I cant believe you are in this bus. Anyway, utaendelea kunyoroshwa mpaka lini? You are taking a serious beating out of ignorance. I am inside.. You and others here know how many buses iv driven incident free. Got it wrong on entry level for KQ shares, but on future operations, they are solid.. The firm has issues like many others at NSE, but management is handling.. COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Member Joined: 3/26/2012 Posts: 830
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Lessons I have learned since 2011 - NEVER invest in a company with declining profits - NEVER invest in a company making losses (KQ is squarely in this category) - NEVER invest in a company where GoK has a controlling stake - NEVER invest in a company with a P/E of more than 7. The lesser the better. - NEVER invest in an illiquid stock Those are just some of the basics I have gathered over the years. That approach has served me well and when I break any of those rules, I lose money A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 3/26/2012 Posts: 830
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Obiero...NEVER buy a company making losses unless you can perform miracles. You will be disappointed. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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