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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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VituVingiSana wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% Is the 98% of your biashara/business the shares in the PR agency for KQ? lol KQ ABP 4.26
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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When an unschooled person keeps his silence and listens amongst the scholars they might think he is also educated. But if he talks he will be exposing his weakness.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:VituVingiSana wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% Is the 98% of your biashara/business the shares in the PR agency for KQ? lol Not in this blog too. But do not try casneb for change. They grease every opportunity available for chafting. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Spikes wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% @obiero Apart from FAHR-I 1000 shares, you hold after jumping in whilst seized by unprecedented frenzy, which business are you running? Landlord,Moi Embakassi,Nyayo. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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Impunity wrote:Spikes wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% @obiero Apart from FAHR-I 1000 shares, you hold after jumping in whilst seized by unprecedented frenzy, which business are you running? Landlord,Moi Embakassi,Nyayo. Kitengela too and soon launching a KES 25M project in Nyanza, pictures already shared here in wazua.. Low End Housing: Hisk Risk, High Return KQ ABP 4.26
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% @obiero Apart from FAHR-I 1000 shares, you hold after jumping in whilst seized by unprecedented frenzy, which business are you running? Landlord,Moi Embakassi,Nyayo. Kitengela too and soon launching a KES 25M project in Nyanza, pictures already shared here in wazua.. Low End Housing: Hisk Risk, High Return I always wondered. Bigs up bro
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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enyands wrote:obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% @obiero Apart from FAHR-I 1000 shares, you hold after jumping in whilst seized by unprecedented frenzy, which business are you running? Landlord,Moi Embakassi,Nyayo. Kitengela too and soon launching a KES 25M project in Nyanza, pictures already shared here in wazua.. Low End Housing: Hisk Risk, High Return I always wondered. Bigs up bro Asante bro, just trying.. There are much bigger players in this game KQ ABP 4.26
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:enyands wrote:obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% @obiero Apart from FAHR-I 1000 shares, you hold after jumping in whilst seized by unprecedented frenzy, which business are you running? Landlord,Moi Embakassi,Nyayo. Kitengela too and soon launching a KES 25M project in Nyanza, pictures already shared here in wazua.. Low End Housing: Hisk Risk, High Return I always wondered. Bigs up bro Asante bro, just trying.. There are much bigger players in this game Thread has turned into wealth declaration. Isorit let me go count my chicken. Life is short. Live passionately.
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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sparkly wrote:obiero wrote:enyands wrote:obiero wrote:Impunity wrote:Spikes wrote:obiero wrote:im invested in more than one stock and more than one sector, I have property, business.. the percentage of my total wealth tied to stocks is currently less than 2% @obiero Apart from FAHR-I 1000 shares, you hold after jumping in whilst seized by unprecedented frenzy, which business are you running? Landlord,Moi Embakassi,Nyayo. Kitengela too and soon launching a KES 25M project in Nyanza, pictures already shared here in wazua.. Low End Housing: Hisk Risk, High Return I always wondered. Bigs up bro Asante bro, just trying.. There are much bigger players in this game Thread has turned into wealth declaration. Isorit let me go count my chicken.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... possunt quia posse videntur
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... A good strategy like that of MSC where pay cuts and some benefits were scrapped off employees' emoluments. It will pay off in the long run. Caveat: don't expect price rally tomorrow. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Spikes wrote:maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... A good strategy like that of MSC where pay cuts and some benefits were scrapped off employees' emoluments. It will pay off in the long run. Caveat: don't expect price rally tomorrow. That is a stupid move, will take KQ nowhere!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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Othelo wrote:Spikes wrote:maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... A good strategy like that of MSC where pay cuts and some benefits were scrapped off employees' emoluments. It will pay off in the long run. Caveat: don't expect price rally tomorrow. That is a stupid move, will take KQ nowhere!!! Considering a loss in excess of 25B, KES 450M savings look like peanuts.. However, its the thought that counts.. The sum total of all austerity initiatives and not a single item KQ ABP 4.26
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Othelo wrote:Spikes wrote:maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... A good strategy like that of MSC where pay cuts and some benefits were scrapped off employees' emoluments. It will pay off in the long run. Caveat: don't expect price rally tomorrow. That is a stupid move, will take KQ nowhere!!! Not really the amount of funds the company is going to save going forward will be out of this world some few Billions...the crisis will end ...not now...but it will end...but that f***er Naikuni and Alex Mbugua should be jailed...the dude is out there Scot free enjoying his retirement and getting pension...while the remaining employees forgo a whole year of retirement savings...unforgivable possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,071 Location: nairobi
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... Hold on. Explain this to me. If KQ employees stop their contributions [taken from salaries paid] to the Provident Fund how does that help KQ? If I make 100,000 [take home after taxes/NHIF/NSSF] & contribute 5,000 to the Provident Fund [reducing my take home to 95,000] that's my contribution. How is KQ affected? 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: 14,071 Location: nairobi
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VituVingiSana wrote:maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... Hold on. Explain this to me. If KQ employees stop their contributions [taken from salaries paid] to the Provident Fund how does that help KQ? If I make 100,000 [take home after taxes/NHIF/NSSF] & contribute 5,000 to the Provident Fund [reducing my take home to 95,000] that's my contribution. How is KQ affected? Employers have a matching component, so if employees agree to drop their contrubution then the employer saves.. Wewe kwani hujawai kuwa employee?? KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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obiero wrote:VituVingiSana wrote:maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... Hold on. Explain this to me. If KQ employees stop their contributions [taken from salaries paid] to the Provident Fund how does that help KQ? If I make 100,000 [take home after taxes/NHIF/NSSF] & contribute 5,000 to the Provident Fund [reducing my take home to 95,000] that's my contribution. How is KQ affected? Employers have a matching component, so if employees agree to drop their contrubution then the employer saves.. Wewe kwani hujawai kuwa employee?? No. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... Hold on. Explain this to me. If KQ employees stop their contributions [taken from salaries paid] to the Provident Fund how does that help KQ? If I make 100,000 [take home after taxes/NHIF/NSSF] & contribute 5,000 to the Provident Fund [reducing my take home to 95,000] that's my contribution. How is KQ affected? Employers have a matching component, so if employees agree to drop their contrubution then the employer saves.. Wewe kwani hujawai kuwa employee?? No. For KQ its 10% - 10% so the whole amount will be held by the airline instead of going to the PF... possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,298 Location: Nairobi
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maka wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:maka wrote:Mid and top level managers have agreed to stop their contributions to the KQ provident fund...This will release some 450m plus for the year...discussion with other employees still ongoing...duty allowance also stopped... Hold on. Explain this to me. If KQ employees stop their contributions [taken from salaries paid] to the Provident Fund how does that help KQ? If I make 100,000 [take home after taxes/NHIF/NSSF] & contribute 5,000 to the Provident Fund [reducing my take home to 95,000] that's my contribution. How is KQ affected? Employers have a matching component, so if employees agree to drop their contrubution then the employer saves.. Wewe kwani hujawai kuwa employee?? No. For KQ its 10% - 10% so the whole amount will be held by the airline instead of going to the PF... Please explain further, I did not understand it. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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