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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi
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Ericsson wrote:When is KQ buying new plains.
It's current fleet is very old. Why does KQ need more plains? Are they going into ranching? 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: 14,321 Location: nairobi
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VituVingiSana wrote:Ericsson wrote:When is KQ buying new plains.
It's current fleet is very old. Why does KQ need more plains? Are they going into ranching? Chief. Please be polite. Illiteracy is still rampant in Africa COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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VituVingiSana wrote:DtheK wrote:When Wanjiku realizes how much GOK pays to keep this thing going they will "sell it in the morning".
But yes it should trade like the other monkeys.
It is even profitable, for now. It is not profitable but for a sleight of hand. The debt service is the problem. For GoK to take over the debt, it will want more shares in KQ. The larger portion of long term debt was converted into additional shares for KQLC (Kenya Airways Lenders Company) Limited COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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Ericsson wrote:When is KQ buying new plains.
It's current fleet is very old. Aeroplanes/aircraft Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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VituVingiSana wrote:DtheK wrote:When Wanjiku realizes how much GOK pays to keep this thing going they will "sell it in the morning".
But yes it should trade like the other monkeys.
It is even profitable, for now. It is not profitable but for a sleight of hand. The debt service is the problem. For GoK to take over the debt, it will want more shares in KQ. They are already servicing the KQ debt. Let them have more shares and repay KQ lenders their money and takeover the shareholding Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Ericsson wrote:When is KQ buying new plains.
It's current fleet is very old. Why does KQ need more plains? Are they going into ranching? Chief. Please be polite. Illiteracy is still rampant in Africa I do not mind ribbing @Ericsson  but for your peace of mind, I would suggest you write-off the entire KQ stake! I have had to do that with more than a couple of counters. Lala salama. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi
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obiero wrote:VituVingiSana wrote:DtheK wrote:When Wanjiku realizes how much GOK pays to keep this thing going they will "sell it in the morning".
But yes it should trade like the other monkeys.
It is even profitable, for now. It is not profitable but for a sleight of hand. The debt service is the problem. For GoK to take over the debt, it will want more shares in KQ. The larger portion of long term debt was converted into additional shares for KQLC (Kenya Airways Lenders Company) Limited There are still deferred loans out there. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:DtheK wrote:When Wanjiku realizes how much GOK pays to keep this thing going they will "sell it in the morning".
But yes it should trade like the other monkeys.
It is even profitable, for now. It is not profitable but for a sleight of hand. The debt service is the problem. For GoK to take over the debt, it will want more shares in KQ. They are already servicing the KQ debt. Let them have more shares and repay KQ lenders their money and takeover the shareholding #TukoPamoja I want KQ/GoK to repay the lenders and we close this chapter. 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: 14,321 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:When is KQ buying new plains.
It's current fleet is very old. Why does KQ need more plains? Are they going into ranching? Chief. Please be polite. Illiteracy is still rampant in Africa I do not mind ribbing @Ericsson but for your peace of mind, I would suggest you write-off the entire KQ stake! I have had to do that with more than a couple of counters. Lala salama. Aluta continua COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:When is KQ buying new plains.
It's current fleet is very old. Why does KQ need more plains? Are they going into ranching? Chief. Please be polite. Illiteracy is still rampant in Africa I do not mind ribbing @Ericsson but for your peace of mind, I would suggest you write-off the entire KQ stake! I have had to do that with more than a couple of counters. Lala salama. Aluta continua My brother, Group MD & CEO, Allan Kilavuka, appointed the new Africa’s Airlines Association (AFRAA) Chairperson COOP, IMH, KEGN, KQ, MTNU
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