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Kenya Airways...why ignore..
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:maka wrote:littledove wrote:KQ reduces operating loss from Kshs 16.3 billion to Kshs 4.1 billion
Revenues grew by 5% to sh. 116 billion
  No one commented on the positives Wewe kazi yako nikutetea stock even when it has wiped out your fortune! Umesahau ya kwamba you are still on suicide watch since yesterday. 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: 13,711 Location: nairobi
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enyands wrote:maka wrote:Why is Ngunze still the CEO? Because our country rewards the most incompetent and inefficient officials Connection
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: 4/22/2010 Posts: 11,522 Location: Nairobi
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enyands wrote:maka wrote:Why is Ngunze still the CEO? Because our country rewards the most incompetent and inefficient officials Huko chini watu wanapelekwa mbio na ma appraisal him he is just enjoying the hefty perks and delivering crap. possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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enyands wrote:maka wrote:Why is Ngunze still the CEO? Because our country rewards the most incompetent and inefficient officials I expect the AGM to be very tense and hope that an intelligent shareholder with the necessary influence pull a fast one on both the board and the executive management.
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Rank: Member Joined: 9/14/2011 Posts: 857 Location: nairobi
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Rank: Member Joined: 9/14/2011 Posts: 857 Location: nairobi
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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yes and the dollar is not tied at 100 "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/22/2009 Posts: 7,547
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maka wrote:Why is Ngunze still the CEO? Probably the board is waiting for the popular American "Third Strike"!!! KQ broke the loss records in the history of listed companies. This year they have broken their own record. May be the board is waiting for a third record!!! Three strikes.... Applicable to Nguze???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: Elder Joined: 7/22/2009 Posts: 7,547
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But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs??? In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!! 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: Elder Joined: 7/22/2009 Posts: 7,547
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mlennyma wrote:yes and the dollar is not tied at 100 But with the resources KQ has, you should have someone who can predict the direction the shilling is likely to take given the macro and micro economic factors and give advice on the loan before it has been taken and even after it has been taken! Example OneExample TwoThe issue is simple. As a manager, don't sit on your a$$ and start whining. You are not paid millions to give excuses. You are there to come up with solutions. And they had better work! Otherwise we would have hired a random Kenyan and paid him/her a fraction of your salary if we wanted "might work" ideas!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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MaichBlack wrote:But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???
In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
 Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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MaichBlack wrote:mlennyma wrote:yes and the dollar is not tied at 100 But with the resources KQ has, you should have someone who can predict the direction the shilling is likely to take given the macro and micro economic factors and give advice on the loan before it has been taken and even after it has been taken! Example OneExample TwoThe issue is simple. As a manager, don't sit on your a$$ and start whining. You are not paid millions to give excuses. You are there to come up with solutions. And they had better work! Otherwise we would have hired a random Kenyan and paid him/her a fraction of your salary if we wanted "might work" ideas!!! Managed like a typical GOK entity. I have always insisted Ngunze should leave. Wazuans have pointed out several flaws in his decisions on here. The links above doesn't work.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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MaichBlack wrote:maka wrote:Why is Ngunze still the CEO? Probably the board is waiting for the popular American "Third Strike"!!! KQ broke the loss records in the history of listed companies. This year they have broken their own record. May be the board is waiting for a third record!!! Three strikes.... Applicable to Nguze??? I do not expect any strike from the pilots going forward. It seems the pilots lobby group was sorted out by the board chair, CS transport and the AG. God knows whose interests they are protecting.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Impunity wrote:MaichBlack wrote:But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???
In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year. possunt quia posse videntur
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Rank: User Joined: 1/20/2014 Posts: 3,528
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maka wrote:Impunity wrote:MaichBlack wrote:But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???
In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year. Why does KQ Board and shareholders allow for mediocrity Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Othelo wrote:maka wrote:Impunity wrote:MaichBlack wrote:But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???
In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year. Why does KQ Board and shareholders allow for mediocrity Obiero mentioned before that the only only thing holding him is "connections"
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Othelo wrote:maka wrote:Impunity wrote:MaichBlack wrote:But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???
In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year. Why does KQ Board and shareholders allow for mediocrity Beats everyone... possunt quia posse videntur
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Rank: Elder Joined: 7/22/2009 Posts: 7,547
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Othelo wrote:maka wrote:Impunity wrote:MaichBlack wrote:But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???
In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year. Why does KQ Board and shareholders allow for mediocrity Largest shareholder (29.8%) - GOK: Clueless, vested interests, corruption, Don't care (not my money - tax payers pap!) etc. 2nd Major shareholder (26.73%) - KLM: Benefiting from the mediocrity at KQ big time. As credible reports show, shafting KQ and the other shareholders right, left and center. That is 56.53%!!! The minority shareholders si ni akina @Obiero who are armed with fake "inside information" and misguided optimism!!! And even for those with no optimism and "inside information", what do they do with their minority shareholding??? 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: Elder Joined: 6/23/2009 Posts: 13,711 Location: nairobi
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MaichBlack wrote:Othelo wrote:maka wrote:Impunity wrote:MaichBlack wrote:But on a serious note, I have seen people fired due to REDUCED PROFITS and fellows are breaking loss records and they still have jobs???
In some cases you join a company and they make 600m profits and you are thrown out!!! Why?? They are used to 800m to 900m profits. They are not even interested in what you might do "next year". They know there is a chance it might fall to 400m PROFITS and they can't live with that!!!
Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year. Why does KQ Board and shareholders allow for mediocrity Largest shareholder (29.8%) - GOK: Clueless, vested interests, corruption, Don't care (not my money - tax payers pap!) etc. 2nd Major shareholder (26.73%) - KLM: Benefiting from the mediocrity at KQ big time. As credible reports show, shafting KQ and the other shareholders right, left and center. That is 56.53%!!! The minority shareholders si ni akina @Obiero who are armed with fake "inside information" and misguided optimism!!! And even for those with no optimism and "inside information", what do they do with their minority shareholding??? The information I had was credible. Ngunze himself said that "the auditors in their wisdom saw it fit that we should provide for the losses in the current financial year".. That changed the dynamic in the forecast
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: 5/25/2012 Posts: 4,105 Location: 08c
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maka wrote:Same time next year he will stand at the podium to deliver another set of disastrous results having pocketed a few millions the whole year. Pole @maka, win some (sasini kwa sasa  ), lose some  and get clobbered elsewhere (KQ)  But on the brighter side, your time horizon was three years ( Post #2563 Posted : Friday, November 06, 2015 8:05:06 AM) maka wrote:Am actually stocking up with a 3 year minimum time horizon. Lets compare notes then.... Pesa Nane plans to be shilingi when he grows up.
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