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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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sparkly wrote:mibbz wrote:Impunity wrote:winmak wrote:There must be something the Emiratis are doing right Yeah, like drilling for oil in one of their company parking lot.  6% of Dubai's budget is funded by oil.Just 6%. Rest comes from tourism, financial services, etc. Yes oil played a role at an earlier stage in their economy but they got their act right before hand. No one steals money for emirates, etihad o Qatar to invest in their own families. Funny how all these Harvard alumni have really decimated KQ, their certificates should be recalled by their alma mata. You are very right @mibbz. The emiratis realized a long time ago that oil is a finite resource and decided to prepare for a world without oil. Dubai doesn't depend on oil as its major source of income but Abu Dhabi still does. Each Emirate is sort of its own "country" but in a federal arrangement. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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sparkly wrote:mibbz wrote:Impunity wrote:winmak wrote:There must be something the Emiratis are doing right Yeah, like drilling for oil in one of their company parking lot. 6% of Dubai's budget is funded by oil.Just 6%. Rest comes from tourism, financial services, etc. Yes oil played a role at an earlier stage in their economy but they got their act right before hand. No one steals money for emirates, etihad o Qatar to invest in their own families. Funny how all these Harvard alumni have really decimated KQ, their certificates should be recalled by their alma mata. You are very right @mibbz. The emiratis realized a long time ago that oil is a finite resource and decided to prepare for a world without oil. The aviation sector identified long ago that it plays a key role in the economy by them. Tourism and hospitality relies heavily on aviation so as logistics and hence a free port/ free trade zones, zero income tax and subsidies for manufacturing companies. Airline fully subsidized at the hub - Dubai ( no landing, handling and other related fees, fuel, etc since the Cos offering these services are govt owned i.e. part of the aviation investment, the right people at the top management ( Tim Clark) and one of their own ( CEO is from the Royal family), training for customer facing staff, capital injection in form of aircraft leasing/ concession loans, negotiation of landing rights/ contracts at outstation, zero tolerance to corruption ( Any manager caught flouting rules at the outstations is summarily dismissed), manpower fully utilised i.e. pilots fly on a very tight schedule,no calling sick,lower cadre staff on lower wages, no unions, very high service level on board the aircraft i.e, three course meal and a wide selection of movies ( KQ is the opposite - Ngunze is cutting meals on board yet food is very cheap in Kenya and instead of using it as an advantage, they are stucked with expensive contracts with the catering Cos at JKIA owned by the who is who.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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ArrestedDev wrote:sparkly wrote:mibbz wrote:Impunity wrote:winmak wrote:There must be something the Emiratis are doing right Yeah, like drilling for oil in one of their company parking lot. 6% of Dubai's budget is funded by oil.Just 6%. Rest comes from tourism, financial services, etc. Yes oil played a role at an earlier stage in their economy but they got their act right before hand. No one steals money for emirates, etihad o Qatar to invest in their own families. Funny how all these Harvard alumni have really decimated KQ, their certificates should be recalled by their alma mata. You are very right @mibbz. The emiratis realized a long time ago that oil is a finite resource and decided to prepare for a world without oil. The aviation sector identified long ago that it plays a key role in the economy by them. Tourism and hospitality relies heavily on aviation so as logistics and hence a free port/ free trade zones, zero income tax and subsidies for manufacturing companies. Airline fully subsidized at the hub - Dubai ( no landing, handling and other related fees, fuel, etc since the Cos offering these services are govt owned i.e. part of the aviation investment, the right people at the top management ( Tim Clark) and one of their own ( CEO is from the Royal family), training for customer facing staff, capital injection in form of aircraft leasing/ concession loans, negotiation of landing rights/ contracts at outstation, zero tolerance to corruption ( Any manager caught flouting rules at the outstations is summarily dismissed), manpower fully utilised i.e. pilots fly on a very tight schedule,no calling sick,lower cadre staff on lower wages, no unions, very high service level on board the aircraft i.e, three course meal and a wide selection of movies ( KQ is the opposite - Ngunze is cutting meals on board yet food is very cheap in Kenya and instead of using it as an advantage, they are stucked with expensive contracts with the catering Cos at JKIA owned by the who is who. @AD...I have always asked myself why cant KQ especially at this time they are facing challenges prod the government to subsidise almost everything to minimise its cost? possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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Once again on the gainers list.... KES 7 to be tested. Now I don't do Bolingo bands and such, like @karasinga but the supply has dried up points to a steady rise in price .. Good times ahead
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; 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:Once again on the gainers list.... KES 7 to be tested. Now I don't do Bolingo bands and such, like @karasinga but the supply has dried up points to a steady rise in price .. Good times ahead This Friday or when the plateaud is reached (awaiting PEV fever) I shall disembark...I really want to time it. Thank you @obiero. If touches above 8 anytime this year, please come for a mbuzi offals on my budget. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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And signs of caving in start! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/23/2014 Posts: 925
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Why KQ Could Plunge Deeper Into Problems http://nse-digest.blogsp...eper-into-problems.html
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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Huyu HaMaina ametumwa?
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; 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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Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 4/23/2014 Posts: 925
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Once again on the gainers list.... KES 7 to be tested. Now I don't do Bolingo bands and such, like @karasinga but the supply has dried up points to a steady rise in price .. Good times ahead A donkey painted black and white. Very soon the paint will wear off and the donkey will be exposed.. Not a zebra. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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sparkly wrote:obiero wrote:Once again on the gainers list.... KES 7 to be tested. Now I don't do Bolingo bands and such, like @karasinga but the supply has dried up points to a steady rise in price .. Good times ahead A donkey painted black and white. Very soon the paint will wear off and the donkey will be exposed.. Not a zebra. 2,080,100 KQ shares traded today
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; 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:sparkly wrote:obiero wrote:Once again on the gainers list.... KES 7 to be tested. Now I don't do Bolingo bands and such, like @karasinga but the supply has dried up points to a steady rise in price .. Good times ahead A donkey painted black and white. Very soon the paint will wear off and the donkey will be exposed.. Not a zebra. 2,080,100 KQ shares traded today Sometimes huge volumes are misleading into believing a rally is coming soon only to find yourself in the hot red! Huge volumes forming a plateau. ..Tafakari hayo. A rally will come alongside a new catalyst for market excitement. The current stimulant has ran out of steam, completely exhausted. It will take awhile for the next leg north. Accumulation stage has taken over. 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:sparkly wrote:obiero wrote:Once again on the gainers list.... KES 7 to be tested. Now I don't do Bolingo bands and such, like @karasinga but the supply has dried up points to a steady rise in price .. Good times ahead A donkey painted black and white. Very soon the paint will wear off and the donkey will be exposed.. Not a zebra. 2,080,100 KQ shares traded today Out of 1.5B issued shares. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:Once again on the gainers list.... KES 7 to be tested. Now I don't do Bolingo bands and such, like @karasinga but the supply has dried up points to a steady rise in price .. Good times ahead A donkey painted black and white. Very soon the paint will wear off and the donkey will be exposed.. Not a zebra. 2,080,100 KQ shares traded today Out of 1.5B issued shares. LOL. Did you expect KLM or GOK to trade
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; 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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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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maka wrote:http://www.businessdailyafrica.com/Corporate-News/KQ-reveals-additional-Sh3bn-accounting-loss-/539550-3439020-mj8qis/index.html The wise Ngunze saved KQ from certain collapse
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; 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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obiero wrote:maka wrote:http://www.businessdailyafrica.com/Corporate-News/KQ-reveals-additional-Sh3bn-accounting-loss-/539550-3439020-mj8qis/index.html The wise Ngunze saved KQ from certain collapse You wish... possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:obiero wrote:maka wrote:http://www.businessdailyafrica.com/Corporate-News/KQ-reveals-additional-Sh3bn-accounting-loss-/539550-3439020-mj8qis/index.html The wise Ngunze saved KQ from certain collapse You wish... Ngunze is a total mess. I cannot wait for his exit for his blunders to be unearthed. There is more to come. @maka,I am not sure where Business Daily is getting the additional aircrafts to be leased out to Turkish and Oman Air!
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Rank: Elder Joined: 6/23/2009 Posts: 13,775 Location: nairobi
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ArrestedDev wrote:maka wrote:obiero wrote:maka wrote:http://www.businessdailyafrica.com/Corporate-News/KQ-reveals-additional-Sh3bn-accounting-loss-/539550-3439020-mj8qis/index.html The wise Ngunze saved KQ from certain collapse You wish... Ngunze is a total mess. I cannot wait for his exit for his blunders to be unearthed. There is more to come. @maka,I am not sure where Business Daily is getting the additional aircrafts to be leased out to Turkish and Oman Air! Cashed out 411,000 KQ shares
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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