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Kenya Airways...why ignore..
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:ArrestedDev wrote:Lucius wrote:Hello good people. Am new here.
I wish to add my voice to the KQ debate. Sorry if I repeat what others may have said before-would take me a week to go through the whole thread.
1. Its a fact that KQ is in a very bad position financially. 2. KQ is not going to die. It has hit rock bottom, it can't go any lower. It will either flatten out or improve. 3. The share price is definitely going to rise over the coming year, so if you're buying buy now-but buy to sell. Dividends ziko mbali bado. 4. We should expect a 7-10b full year loss, unless the're other savings I am not privy to. 5. With the fuel hedge in its last months, the financial position of the company will improve significantly over the coming year. I project a at least 30% improvement, with a 1-2b loss half year loss and 200-500m profit for full year 2017.
As for the leadership, Mbuvi is the right guy for the job. He shall turn around KQ. Suppliers love his humility. Employees say that he is accessible. For the retrenchment, i still wonder who the 80 are. Almost all departments are said to be understaffed, people working overtime, with departments like engineering experiencing high staff losses to the middle east carriers. What informs you to say Mbuvi is the right guy? You say he is endorsing retrenchment as per the turnaround plan blindly just to make savings yet the Company is understaffed and employees still say he is accessible? You expect a profit in 2017 yet analysts as per a report sighted here indicates that the loss position will have just eased in that year. What informs this kind of thinking???? BTW KQ 600 has turned to KQ 300. ..btw most of the 80 were in managerial levels next week on Tue H9 and below that's where the blood bath will be... That's now better. It seems they have seen and heard the concerns but still some areas will be overstretched leading to dismal performance/ poor service delivery. I hope the managers among the 80 are the most clueless of all. Otherwise, if they use it as a witch hunt rather than removing the retards then the blunders will still continue.
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Rank: Elder Joined: 6/23/2009 Posts: 13,712 Location: nairobi
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Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Member Joined: 8/17/2007 Posts: 294
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off You are forgetting the fact that ensuing court battle by sacked employees might tank this stock further to 2/-. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off Remember your parachute, crash land likely. 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:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off Remember your parachute, crash land likely. And hope when he lands there will be no enemies waiting for him down coz we don't want obiero to be a war prisoner
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Rank: Elder Joined: 6/23/2009 Posts: 13,712 Location: nairobi
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Spikes wrote:obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off You are forgetting the fact that ensuing court battle by sacked employees might tank this stock further to 2/-. This time around there shall be no court case. Trust me.. Tomorrow's price and volume action on the share shall show the way forward COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off You are forgetting the fact that ensuing court battle by sacked employees might tank this stock further to 2/-. This time around there shall be no court case. Trust me.. Tomorrow's price and volume action on the share shall show the way forward Even if it jumps to 4.6/-with huge volume the fact remains this is sugar-coated speculation. Ni kama kukanyaga makaa ya moto! Utakosa kuchomeka kweli? @obiero if your speculation theory obeys you by Fry-dei jump out with more than 30%- otherwise you risk your fortune herein. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,712 Location: nairobi
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Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off You are forgetting the fact that ensuing court battle by sacked employees might tank this stock further to 2/-. This time around there shall be no court case. Trust me.. Tomorrow's price and volume action on the share shall show the way forward Even if it jumps to 4.6/-with huge volume the fact remains this is sugar-coated speculation. Ni kama kukanyaga makaa ya moto! Utakosa kuchomeka kweli? @obiero if your speculation theory obeys you by Fry-dei jump out with more than 30/- otherwise you risk your fortune herein. http://www.businessdaily...4/-/uhots4z/-/index.html COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,190 Location: Nairobi
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Rank: Chief Joined: 1/3/2007 Posts: 18,190 Location: Nairobi
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So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. 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:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... possunt quia posse videntur
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... Maka chunga, pilots ? Hiyo ni live wire carrying 480volts of electricity. The sons of who is who are there .Do you think someone studying to be a pilot is pesa kidogo? Nop only the who is who can afford it.so dare touch it and you will never see the kingdom of employment again.those kids are untouchable eggs.
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Rank: Elder Joined: 7/22/2009 Posts: 7,547
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enyands wrote:maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... Maka chunga, pilots ? Hiyo ni live wire carrying 480volts of electricity. The sons of who is who are there . Do you think someone studying to be a pilot is pesa kidogo? Nop only the who is who can afford it.so dare touch it and you will never see the kingdom of employment again.those kids are untouchable eggs. A good number of those pilots were trained on KQs bill. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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@maich true sorta it was a loan from coop. however, once they start working, they pay a monthly stipend.
@enyaands Also, dont know any watotos of "who is who" in this fraternity as is the common misconception here. Most of them are hard working wananchis with a passion to fly. There is a shortage of engineers and pilots as we speak. Lots of them have headed out to the gulf.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Spikes wrote:obiero wrote:Tomorrow's price is likely to be the final time in recent memory that we shall reach KES 4.60. It is official, the plane is ready for take off You are forgetting the fact that ensuing court battle by sacked employees might tank this stock further to 2/-. I am now ready and liquid enough to put in my case, over 500,000 shares of this white Rhino at sub-2 bob...this is will happen this year. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... BLUNDER GALORE...Teh Union has now held someone by the balls! Vert dirty game, @maka if you know what I think. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: New-farer Joined: 4/11/2016 Posts: 30 Location: Nairobi
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Impunity wrote:maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... BLUNDER GALORE...Teh Union has now held someone by the balls! Vert dirty game, @maka if you know what I think. No one is holding the other by the balls it is a BIG problem that is facing the aviation industry. Fight for skilled experienced labour. The Gulf carriers are growing so fast and are sucking up Kenyan talent in the process a fact KQ underestimated for a very long time despite numerous warnings. KQ is now stable from a cashflow perspective but the threat from the exits is REAL and may ground some aircrafts moving forward if nothing is done. If you want to see it yourself just open a linked in account and update your CV as a pilot with over 3000 jet hours. You will get an invite for a pilot job interview application within 2 weeks. For technicians it is even worse.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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nzalela wrote:Impunity wrote:maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... BLUNDER GALORE...Teh Union has now held someone by the balls! Vert dirty game, @maka if you know what I think. No one is holding the other by the balls it is a BIG problem that is facing the aviation industry. Fight for skilled experienced labour. The Gulf carriers are growing so fast and are sucking up Kenyan talent in the process a fact KQ underestimated for a very long time despite numerous warnings. KQ is now stable from a cashflow perspective but the threat from the exits is REAL and may ground some aircrafts moving forward if nothing is done. If you want to see it yourself just open a linked in account and update your CV as a pilot with over 3000 jet hours. You will get an invite for a pilot job interview application within 2 weeks. For technicians it is even worse. @Obiero 4.6/- your Monday target that would have come as a godsend has aborted faster than you blink! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,712 Location: nairobi
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Spikes wrote:nzalela wrote:Impunity wrote:maka wrote:VituVingiSana wrote:So now KQ600 is KQ80 http://www.businessdaily.../-/uhots4z/-/index.html
The workers union representing a majority of Kenya Airways employees has said it does not anticipate further retrenchments at the national carrier following Friday’s sacking of 80 staff. The Kenya Aviation Workers Union, whose membership comprises about 2,500 KQ staffers, says the airline’s management has agreed to limit the number of sacked employees significantly below the initial estimate of 600. I said 300 earlier...  so many guys have resigned many more poached by Emirates...currently the important departments like ground services are understaffed if they sack 600 people it will be chaos galore.Plus no pilot is being retrenched so... BLUNDER GALORE...Teh Union has now held someone by the balls! Vert dirty game, @maka if you know what I think. No one is holding the other by the balls it is a BIG problem that is facing the aviation industry. Fight for skilled experienced labour. The Gulf carriers are growing so fast and are sucking up Kenyan talent in the process a fact KQ underestimated for a very long time despite numerous warnings. KQ is now stable from a cashflow perspective but the threat from the exits is REAL and may ground some aircrafts moving forward if nothing is done. If you want to see it yourself just open a linked in account and update your CV as a pilot with over 3000 jet hours. You will get an invite for a pilot job interview application within 2 weeks. For technicians it is even worse. @Obiero 4.6/- your Monday target that would have come as a godsend has aborted faster than you blink! 4.35 is close COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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