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Kenya Airways...why ignore..
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VituVingiSana
#15451 Posted : Saturday, November 02, 2024 6:41:55 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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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obiero
#15452 Posted : Saturday, November 02, 2024 6:42:27 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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

KQ ABP 4.26
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obiero
#15453 Posted : Saturday, November 02, 2024 6:44:40 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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

KQ ABP 4.26
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Ericsson
#15454 Posted : Saturday, November 02, 2024 8:53:31 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
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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Ericsson
#15455 Posted : Saturday, November 02, 2024 8:55:34 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
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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VituVingiSana
#15456 Posted : Saturday, November 02, 2024 9:19:26 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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 Laughing out loudly 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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VituVingiSana
#15457 Posted : Saturday, November 02, 2024 9:23:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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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VituVingiSana
#15458 Posted : Saturday, November 02, 2024 9:24:33 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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 Laughing out loudly Laughing out loudly Laughing out loudly 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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obiero
#15459 Posted : Sunday, November 03, 2024 5:59:31 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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 Laughing out loudly 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

KQ ABP 4.26
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obiero
#15460 Posted : Tuesday, November 19, 2024 7:02:32 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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 Laughing out loudly 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

KQ ABP 4.26
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