Wazua
»
Investor
»
Economy
»
SGR officially dead. What next?
Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
|
Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: New-farer Joined: 12/30/2018 Posts: 94
|
The loss of jobs at the coast was not worth it. Jobs were lost and on top of it, tax payers now have to foot the SGR operational cost bill.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,712 Location: NAIROBI
|
kenyan2019 wrote:The loss of jobs at the coast was not worth it. Jobs were lost and on top of it, tax payers now have to foot the SGR operational cost bill. That's the "system" that wanted it. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Guys will go back to bus. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
|
Impunity wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Guys will go back to bus. Unlikely. The comfort and safety is unparalleled
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
|
obiero wrote:Impunity wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Guys will go back to bus. Unlikely. The comfort and safety is unparalleled Important to only a small percentage of the population. For the rest, cheap wins.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
|
iris wrote:obiero wrote:Impunity wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Guys will go back to bus. Unlikely. The comfort and safety is unparalleled Important to only a small percentage of the population. For the rest, cheap wins. I use the SGR frequently and I can tell you that it's for the middle class by and large.. The intricacies involved in arriving at Miritini and exit from Syokimau isn't for someone who doesn't have funds
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 3/15/2009 Posts: 360
|
obiero wrote:iris wrote:obiero wrote:Impunity wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Guys will go back to bus. Unlikely. The comfort and safety is unparalleled Important to only a small percentage of the population. For the rest, cheap wins. I use the SGR frequently and I can tell you that it's for the middle class by and large.. The intricacies involved in arriving at Miritini and exit from Syokimau isn't for someone who doesn't have funds I thought I saw matatus?
|
|
|
Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
|
shocks wrote:obiero wrote:iris wrote:obiero wrote:Impunity wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Guys will go back to bus. Unlikely. The comfort and safety is unparalleled Important to only a small percentage of the population. For the rest, cheap wins. I use the SGR frequently and I can tell you that it's for the middle class by and large.. The intricacies involved in arriving at Miritini and exit from Syokimau isn't for someone who doesn't have funds I thought I saw matatus? I see Shuttles in Nakuru (Molo line) operating a service straight to Syokimau SGR station scheduled to catch the train to Mombasa. I can foresee after Naivasha (Mai Mahiu) SGR leg is done matatu routes from Nyandarua, Kinangop to Naivasha SGR station to catch train to 'Mombatha'
|
|
|
Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
|
kenyan2019 wrote:The loss of jobs at the coast was not worth it. Jobs were lost and on top of it, tax payers now have to foot the SGR operational cost bill. Some people strategize long term. Check where the line will terminate and dry port be set. Then look more closely. SGR maths are on cargo - hence reason it is not a light rail exclusive for high-speed passenger transport.
60% Learning, 30% synthesizing, 10% Debating
|
|
|
Rank: Elder Joined: 6/8/2013 Posts: 2,517
|
|
|
|
Rank: Elder Joined: 6/8/2013 Posts: 2,517
|
obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Passenger Service was not and is not the core business of SGR. Cargo Is. But even Cargo the arithmetic is not making sense. The pricing vis-à-vis trucking is like heaven and earth . The feasibility study must have been bullcrap "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
|
|
|
Rank: Member Joined: 8/17/2010 Posts: 110 Location: Nairobi
|
Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,712 Location: NAIROBI
|
Conquestador wrote:Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
Increasing frequency will make it worse by increasing operational costs. The problem of SGR is the costs were highly inflated beyond kenya's economy means. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/8/2013 Posts: 2,517
|
Conquestador wrote:Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
Be realistic there are no such numbers even with the current two trains daily both ways sometimes the train is half empty! It only peaks at end of school terms and holidays when they add coaches "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
|
|
|
Rank: Elder Joined: 3/29/2011 Posts: 2,242
|
Siringi wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Passenger Service was not and is not the core business of SGR. Cargo Is. But even Cargo the arithmetic is not making sense. The pricing vis-à-vis trucking is like heaven and earth . The feasibility study must have been bullcrap SGR like many public enterprises will never return a profit or ven pay back in our life' time. I doubt even the Chinese expect us to repay the loans comfortably but they keeep pumping funds as part of their global belts projects. Our SGR is just like our our KQ, a source of national pride but a disgraced enterprise which turn losses years round. "Things that matter most must never be at the mercy of things that matter least." Goethe
|
|
|
Rank: Elder Joined: 6/8/2013 Posts: 2,517
|
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
|
Why wouldn't we want local shareholders in SGR? They should list the bloody thing on NSE for all I know.. It's on our soil and public ownership is encouraged
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 6/8/2013 Posts: 2,517
|
obiero wrote:Why wouldn't we want local shareholders in SGR? They should list the bloody thing on NSE for all I know.. It's on our soil and public ownership is encouraged Simple question really who are these mysterious local partners and how were they sourced and for what consideration we were shafted on the Safaricom IPO by Mobitelea this is another Mobitelea in the offing "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
|
Siringi wrote:obiero wrote:Why wouldn't we want local shareholders in SGR? They should list the bloody thing on NSE for all I know.. It's on our soil and public ownership is encouraged Simple question really who are these mysterious local partners and how were they sourced and for what consideration we were shafted on the Safaricom IPO by Mobitelea this is another Mobitelea in the offing Sensationalism
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Wazua
»
Investor
»
Economy
»
SGR officially dead. What next?
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|