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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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Spikes wrote:obiero wrote:Indeed KQ is going through hard times and a more experienced management with aviation experience would be ideal but for now we work with what we have.. vibrant results to be released on 17.11.2016. KQ share expected to touch KES 5 by end of next week. Up 29‰ in last 23 days.. The volume action is indicative of a further break out @karasinga Purported volume action will cool off before a real upward breakout. Even from today watch out keenly. Up 3%.. Now at KES 4.25..We are waiting for KES 3
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:Indeed KQ is going through hard times and a more experienced management with aviation experience would be ideal but for now we work with what we have.. vibrant results to be released on 17.11.2016. KQ share expected to touch KES 5 by end of next week. Up 29‰ in last 23 days.. The volume action is indicative of a further break out @karasinga Purported volume action will cool off before a real upward breakout. Even from today watch out keenly. Up 3%.. Now at KES 4.25..We are waiting for KES 3 That one is temporary finally law of gravity takes the day. 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: 13,708 Location: nairobi
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Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Indeed KQ is going through hard times and a more experienced management with aviation experience would be ideal but for now we work with what we have.. vibrant results to be released on 17.11.2016. KQ share expected to touch KES 5 by end of next week. Up 29‰ in last 23 days.. The volume action is indicative of a further break out @karasinga Purported volume action will cool off before a real upward breakout. Even from today watch out keenly. Up 3%.. Now at KES 4.25..We are waiting for KES 3 That one is temporary finally law of gravity takes the day. LOL. I love the naivety.. 22 days of upward motion and you still expect a major pull back
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:Spikes wrote:obiero wrote:Indeed KQ is going through hard times and a more experienced management with aviation experience would be ideal but for now we work with what we have.. vibrant results to be released on 17.11.2016. KQ share expected to touch KES 5 by end of next week. Up 29‰ in last 23 days.. The volume action is indicative of a further break out @karasinga Purported volume action will cool off before a real upward breakout. Even from today watch out keenly. Up 3%.. Now at KES 4.25..We are waiting for KES 3 That one is temporary finally law of gravity takes the day. LOL. I love the naivety.. 22 days of upward motion and you still expect a major pull back What will push this stock upwards I don't see it. It edges on a dangerous ground of uncertainty even for speculation. 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: 13,708 Location: nairobi
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obiero wrote:sparkly wrote:obiero wrote:ArrestedDev wrote:obiero wrote:Spikes wrote:sparkly wrote:Impunity wrote:obiero wrote:Spikes wrote:obiero wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Impunity wrote:Spikes wrote:Another blow to KQ after plane leasing deal unleashes Kshs 4B loss!
Sub 3bob in the offing. Sit tight. @Obiero umepatikana . No escape route. Accept multiple haircuts and move on.#Business Daily Africa@ Sub 3 is still too expensive, sub-2 is the thing! 2/- is 2/- too much for KQ. Why are we up 5.8% today?? All clear for take off. The media has it in for KQ.. Bringing up info in last year's annual report released month's ago at this time Now at 7.5% up.. This plane is on the runway As of 1pm, according to myStocks, KQ has traded 2,700 shares worth KES 9,830  Not 9,800 shares but KES 9,830/-! So yes, KQ is up 7.5% on vapor volumes! TPSEA, much smaller in revenue than KQ has traded KES 199,000 worth. We are on the runway with vapor volumes because serious players are now on the floor 2,659,500 KQ shares traded today, including my final bulk purchase of 411,500.. I smell money on the horizon Who finances your bulk buys? Your big brother Nguze or self? I am a small businessman trying to survive in Africa.. Hope that answer suffices.. Your KQ portfolio at current price is 2.2M when in the whole history u have never held more that 1m in value...was me and launder me too.. Watu wa Viro padlocks as Mawinder says. Every season @obiero dies hard defending KQ the worst comes. He has falsely updated KQ portfolio to lure PPT to this counter next week. I don't trust this guy. He is paid in terms of tokens to paint positive image on this government owned crap. Expect the FY2016 loss to double! Hahaha Very true. The delays this year are at a record high level. KQ is dead. 788,900 shares traded today.. The volume action speaks to my soul.. I smell money coming my way That's a very high volume! @sparkly 3,348,400 KQ shares traded in last two trading sessions.. ukiona vyaelea Thanks to the exchange bar..
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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Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Indeed KQ is going through hard times and a more experienced management with aviation experience would be ideal but for now we work with what we have.. vibrant results to be released on 17.11.2016. KQ share expected to touch KES 5 by end of next week. Up 29‰ in last 23 days.. The volume action is indicative of a further break out @karasinga Purported volume action will cool off before a real upward breakout. Even from today watch out keenly. Up 3%.. Now at KES 4.25..We are waiting for KES 3 That one is temporary finally law of gravity takes the day. LOL. I love the naivety.. 22 days of upward motion and you still expect a major pull back What will push this stock upwards I don't see it. It edges on a dangerous ground of uncertainty even for speculation. When truth finally hits this counter as negative material announcement 22 days from now you'll see how speculators' stampede influence on price south. Still waiting to watch the drama due to happen next month. 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: 13,708 Location: nairobi
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Spikes wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:Indeed KQ is going through hard times and a more experienced management with aviation experience would be ideal but for now we work with what we have.. vibrant results to be released on 17.11.2016. KQ share expected to touch KES 5 by end of next week. Up 29‰ in last 23 days.. The volume action is indicative of a further break out @karasinga Purported volume action will cool off before a real upward breakout. Even from today watch out keenly. Up 3%.. Now at KES 4.25..We are waiting for KES 3 That one is temporary finally law of gravity takes the day. LOL. I love the naivety.. 22 days of upward motion and you still expect a major pull back What will push this stock upwards I don't see it. It edges on a dangerous ground of uncertainty even for speculation. When truth finally hits this counter as negative material announcement 22 days from now you'll see how speculators' stampede influence on price south. Still waiting to watch the drama due to happen next month. Everyone knows that a loss shall be announced.. The heavy buying being witnessed is not for the short termers.. If one can't stand the heat of speculation better go try Bamburi, DTB..
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: 3/2/2009 Posts: 26,330 Location: Masada
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obiero wrote:nzalela wrote:
The "people problem" in KQ is now starting to manifest itself, this time it is bigger than ever and has the potential to ground the airline quicker than the financial problems. Unfortunately senior management is turning a blind eye rather than coming up with solutions, is it arrogance or just plain negligence?
Like i said before, the regulator will have to say something about the exit of engineers before year end.
The pilot exits are getting worse by the day and the offers by other airlines keep getting better. Fastjet is replacing their airbus fleet with embraer 190's you can bet they will be hunting for ready made embraer pilots from KQ with ofcourse better pay. Why incur training costs when you can just copy paste.
The most overlooked but important people the cabin crew (especially the contracted cheaper ones)have also been dealt a raw deal for the longest I am shocked they haven't yet made noise. I however foresee threats for industrial action from them before year end.
The house of cards is crumbling down, without any intervention it is tick..tock...
You may be right, but luckily KQ cannot be brought down by bloggers.. H1 shall be the litmus. Rise of the phoenix from dark ashes is finally here.. Someone who invested 3.3m in KQ just 20 days ago will today be counting 4.2m gross. My personal aim is not to revisit KES 126 per share.. Even KES 14 shall be good enough for my exit Why do you plan to exit from a profitable company when the share hit Kes.14 while the historical highs are in the region of Kes.126? If you trust the company that much then rational person would expect you to sit pretty, watch the company grow year-on-year and take home your decent dividends plus other freebies. WHY PLAN TO EXIT EARLY? 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: 13,708 Location: nairobi
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Impunity wrote:obiero wrote:nzalela wrote:
The "people problem" in KQ is now starting to manifest itself, this time it is bigger than ever and has the potential to ground the airline quicker than the financial problems. Unfortunately senior management is turning a blind eye rather than coming up with solutions, is it arrogance or just plain negligence?
Like i said before, the regulator will have to say something about the exit of engineers before year end.
The pilot exits are getting worse by the day and the offers by other airlines keep getting better. Fastjet is replacing their airbus fleet with embraer 190's you can bet they will be hunting for ready made embraer pilots from KQ with ofcourse better pay. Why incur training costs when you can just copy paste.
The most overlooked but important people the cabin crew (especially the contracted cheaper ones)have also been dealt a raw deal for the longest I am shocked they haven't yet made noise. I however foresee threats for industrial action from them before year end.
The house of cards is crumbling down, without any intervention it is tick..tock...
You may be right, but luckily KQ cannot be brought down by bloggers.. H1 shall be the litmus. Rise of the phoenix from dark ashes is finally here.. Someone who invested 3.3m in KQ just 20 days ago will today be counting 4.2m gross. My personal aim is not to revisit KES 126 per share.. Even KES 14 shall be good enough for my exit Why do you plan to exit from a profitable company when the share hit Kes.14 while the historical highs are in the region of Kes.126? If you trust the company that much then rational person would expect you to sit pretty, watch the company grow year-on-year and take home your decent dividends plus other freebies. WHY PLAN TO EXIT EARLY? In stocks, history often does not repeat itself. That's why Centum has not revisited KES 610 or KCB 225
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: 5/29/2016 Posts: 898 Location: Nairobi
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@maka, Does this happen? Quote:She said KQ blocks seats and then doesn’t sell them, or is simply unresponsive even to KLM agents who handle its business. I was deeply embarrassed. The manager made it sound as though KQ’s incompetence and corrupt behaviour was Kenya’s national disease. I got angrier as she recounted her exasperation with KQ. Then I realised I wasn’t actually angry at her but at KQ. It was KQ which had put me in this mess. Read more at: http://www.standardmedia...d-kenya-airways-troubles
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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The Mckinsey billions Quote:According to a memorandum seen by The Standard on Sunday, the firm was to earn at least Sh1.7 billion in the first 18 months of the contract as standard costs alone. For the first three months, Kenya Airways (KQ) was to pay a fixed fee of $800,000 (Sh80 million) a month. This was to be charged twice a month, an arrangement that saw the airline part with at least Sh40 million every two weeks. This was to happen between mid-November 2015 until February 2016. Afterwards, it was to earn $1,500,000 (Sh150 million) every month for the next six months beginning March this year. It was then to scale it down to $500,000 (Sh50 million) a month for another 12 months. This brings the fixed charges to Sh1.7 billion in the first 18 months. In that period, there were to be other charges such as performance fees that were not explicitly defined in the contract and which were to be calculated based on other metrics such the value of initiatives executed.
“This fee will be charged twice a month at the beginning and mid of each month. These payments are immediately due,” the contract adds. The contract says that unless Kenya Airways had sufficient cash funds available for the whole time of their programme, the airline was to pay in advance. “All invoices are payable within 15 days of issue. These payment terms apply in case KQ is in stable financial condition; otherwise section ‘cash advances and prepayment’ is applicable,” the contract reads in part. Read more at: http://www.standardmedia...handed-mckinsey-billions
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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sparkly wrote:chiaroscuro wrote:obiero wrote:[quote=ArrestedDev]No recovery at sight. What is currently happening is the last nail in the coffin being hammered.A competent management should be put in place. There is no highly skilled employee who will seat back and relax in a workplace where there is no future. A political stooge like Ngunze can just seat and wait. Quote:KQ has suffered several flight delays recently.
"The declined investment in KQ particularly on maintenance of planes as a result of budget cuts is a recipe for disaster," said Consumer Federation of Kenya secretary general Stephen Mutoro.
"The matter is causing low morale among pilots because some are declining to fly some planes because of their poor conditions." http://www.the-star.co.k...new-probe-team_c1421567[/quote] The media has tried to kill KQ for over 5 years A company who's liabilities are higher than its assets is dead! You can't kill a dead company. KQ is simply on life-support - external forces are trying hard to keep it alive. KQ died three years ago! How dare you contradict @obiero? Almost 8 negative pieces in a span of just 3 days across all major dailies.. The media to a large extent is responsible for the continued harsh environment it creates for the KQ share.. Why doesnt the media digest improved operating profit at the airline, increasing efficiency, end of fuel hedges.. Ngunze is also not blameless here, I have tasked him to join twitter for aggressive visibility but the bugger is timid
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: 18,188 Location: Nairobi
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:sparkly wrote:chiaroscuro wrote:obiero wrote:[quote=ArrestedDev]No recovery at sight. What is currently happening is the last nail in the coffin being hammered.A competent management should be put in place. There is no highly skilled employee who will seat back and relax in a workplace where there is no future. A political stooge like Ngunze can just seat and wait. Quote:KQ has suffered several flight delays recently.
"The declined investment in KQ particularly on maintenance of planes as a result of budget cuts is a recipe for disaster," said Consumer Federation of Kenya secretary general Stephen Mutoro.
"The matter is causing low morale among pilots because some are declining to fly some planes because of their poor conditions." http://www.the-star.co.k...new-probe-team_c1421567[/quote] The media has tried to kill KQ for over 5 years A company who's liabilities are higher than its assets is dead! You can't kill a dead company. KQ is simply on life-support - external forces are trying hard to keep it alive. KQ died three years ago! How dare you contradict @obiero? Almost 8 negative pieces in a span of just 3 days across all major dailies.. The media to a large extent is responsible for the continued harsh environment it creates for the KQ share.. Why doesnt the media digest improved operating profit at the airline, increasing efficiency, end of fuel hedges.. Ngunze is also not blameless here, I have tasked him to join twitter for aggressive visibility but the bugger is timid Ngunze won't join twitter as he will be undressed. He is the cause of some of the problems bedeviling KQ right now. The contract that handed Mckinsey billions before even work started was executed by him and Alex. All the clauses highlighted in the Standard favours the consultant. The interest of the airline was not taken care of at all given that the cash flow situation was bad and in order to meet other critical obligations I would expect them to have critically looked at it.
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Rank: Member Joined: 2/8/2007 Posts: 808
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The operating profit pales in significance. For the accountants on the forum, some of the below the EBITDA items are so pertinent that it is subsuming to spend too much on operating profit.
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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Kausha wrote:The operating profit pales in significance. For the accountants on the forum, some of the below the EBITDA items are so pertinent that it is subsuming to spend too much on operating profit.  The finance costs plus forex revaluations are the only major items still standing in KQs path to profitability.. Hedging and other matters have been dealt with, firmly
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: 5/29/2016 Posts: 898 Location: Nairobi
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obiero wrote:Kausha wrote:The operating profit pales in significance. For the accountants on the forum, some of the below the EBITDA items are so pertinent that it is subsuming to spend too much on operating profit. The finance costs plus forex revaluations are the only major items still standing in KQs path to profitability.. Hedging and other matters have been dealt with, firmly Hedging still there up to March 2017 as well as those entered recently. The problems in KQ run deep as it has been said several times. There is no return to profitability in the foreseeable future. Quote:“This has been largely due to the flexibility of the new hedging plans we have entered into that have also seen their timelines reduced to between 12 and 24 months,” Mr Ngunze said, adding that the airline is expecting its expensive hedging contracts to end by March next year, allowing it to fully utilise the benefits of the low oil prices. http://www.theeastafrica...item-1-yuqnnn/index.html
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Rank: Member Joined: 2/8/2007 Posts: 808
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obiero wrote:Kausha wrote:The operating profit pales in significance. For the accountants on the forum, some of the below the EBITDA items are so pertinent that it is subsuming to spend too much on operating profit. The finance costs plus forex revaluations are the only major items still standing in KQs path to profitability.. Hedging and other matters have been dealt with, firmly @Obiero, who you can't cover your interest from operating profit i.e (-ve)ADSR you are in serious funk and profitability has to involve chopping the bleeding items above the line or sorting out the assets on the balance sheet. The way I understand airlines work is that for a given plane count you need a given head count. Unless HQ has too many warm bodies, KQ has to shrink the fleet significantly and routes so as to allow it to shrink the head count and ops. I don't see how else this will be done, forcing the income statement to produce enough operating profit to cover funding costs looks too onerous. Wonder why McKinsey is being paid.
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Please register and vote for KQ - World best business class to shore up the ratings. https://www.worldtravelawards.com/vote
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Rank: Elder Joined: 6/23/2009 Posts: 13,708 Location: nairobi
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Already done
COOP 255,000 ABP 15.85; KQ 544,100 ABP 7.15; MTN 23,800 ABP 5.20
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