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Kenya Airways...why ignore..
ArrestedDev
#10121 Posted : Thursday, June 14, 2018 2:42:37 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
@maka, what is the cabin factor so far for the JFK maiden flight?

Do you have any information?

VituVingiSana
#10122 Posted : Thursday, June 14, 2018 7:02:12 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,063
Location: Nairobi
ArrestedDev wrote:
VituVingiSana wrote:
ArrestedDev wrote:
VituVingiSana wrote:
ArrestedDev wrote:
Impunity wrote:
ArrestedDev wrote:
obiero wrote:
maka wrote:
[quote=obiero]Ngunze walked away with KES 105,000,000 as severance pay from a loss making entity


Plus another 23 or is it 25m for the period he remained....

Balaa! But atleast the share is on another mini-rally https://live.mystocks.co.ke/[/quote]

There was no other option than to pay him out. The consultancy thing was just to appease him, he knew how the loans were acquired since Alex and Naikuni left. MJ is a brilliant executive.

Your remember he made a U-turn and announced Ngunze will leave.

This is history for now which should never be repeated.


What kind of shit is this severance pay?If as an employee your contract is not renewed then you get a severance lumpsome pay?
How was 105M calcuated?
Was this shot in his original contract?


His contract was terminated by the employer and there is always a clause protecting the employee.

He was paid for the remainder of term.
Then why hire him as a consultant instead of having him finish off his term while doing what he did as a consultant?


The consultancy did not last for long. A few months and he was out. Remember the figures quoted by the media are gross, after tax should be less.
Regardless how long the consultancy lasted for, why was he fired [paid his termination dues] and then hired back as a consultant INSTEAD of remaining on the payroll while completing his assignment?
Taxes are a given. The cost to KQ was 105mn regardless of what was sent to KRA.

It was impossible/untenable to keep him as the CEO considering the management decisions he oversaw.

He was kept to finish up with the loan restructuring since he was aware of how the loans were procured.

I agree on firing him re: performance. After all, didn't he "entice" of us to keep on pushing a false narrative re: it's performance and shares?
As for the loans - these are documented so I do not see the need to have kept him on. Someone else could have picked up the slack.

Anyway, it's a done deal.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#10123 Posted : Thursday, June 14, 2018 10:00:43 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
VituVingiSana wrote:
ArrestedDev wrote:
VituVingiSana wrote:
ArrestedDev wrote:
Impunity wrote:
ArrestedDev wrote:
obiero wrote:
maka wrote:
[quote=obiero]Ngunze walked away with KES 105,000,000 as severance pay from a loss making entity


Plus another 23 or is it 25m for the period he remained....

Balaa! But atleast the share is on another mini-rally https://live.mystocks.co.ke/[/quote]

There was no other option than to pay him out. The consultancy thing was just to appease him, he knew how the loans were acquired since Alex and Naikuni left. MJ is a brilliant executive.

Your remember he made a U-turn and announced Ngunze will leave.

This is history for now which should never be repeated.


What kind of shit is this severance pay?If as an employee your contract is not renewed then you get a severance lumpsome pay?
How was 105M calcuated?
Was this shot in his original contract?


His contract was terminated by the employer and there is always a clause protecting the employee.

He was paid for the remainder of term.
Then why hire him as a consultant instead of having him finish off his term while doing what he did as a consultant?


The consultancy did not last for long. A few months and he was out. Remember the figures quoted by the media are gross, after tax should be less.
Regardless how long the consultancy lasted for, why was he fired [paid his termination dues] and then hired back as a consultant INSTEAD of remaining on the payroll while completing his assignment?
Taxes are a given. The cost to KQ was 105mn regardless of what was sent to KRA.

105m is a bearable cost for KQ

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
VituVingiSana
#10124 Posted : Friday, June 15, 2018 12:24:29 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,063
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
ArrestedDev wrote:
VituVingiSana wrote:
ArrestedDev wrote:
Impunity wrote:
ArrestedDev wrote:
obiero wrote:
maka wrote:
[quote=obiero]Ngunze walked away with KES 105,000,000 as severance pay from a loss making entity


Plus another 23 or is it 25m for the period he remained....

Balaa! But atleast the share is on another mini-rally https://live.mystocks.co.ke/[/quote]

There was no other option than to pay him out. The consultancy thing was just to appease him, he knew how the loans were acquired since Alex and Naikuni left. MJ is a brilliant executive.

Your remember he made a U-turn and announced Ngunze will leave.

This is history for now which should never be repeated.


What kind of shit is this severance pay?If as an employee your contract is not renewed then you get a severance lumpsome pay?
How was 105M calcuated?
Was this shot in his original contract?


His contract was terminated by the employer and there is always a clause protecting the employee.

He was paid for the remainder of term.
Then why hire him as a consultant instead of having him finish off his term while doing what he did as a consultant?


The consultancy did not last for long. A few months and he was out. Remember the figures quoted by the media are gross, after tax should be less.
Regardless how long the consultancy lasted for, why was he fired [paid his termination dues] and then hired back as a consultant INSTEAD of remaining on the payroll while completing his assignment?
Taxes are a given. The cost to KQ was 105mn regardless of what was sent to KRA.

105m is a bearable cost for KQ
When did KQ start making a profit? Even if KQ could afford it, it is unconscionable...
Basically, NONE of the managers and directors of KQ have skin in the game.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
maka
#10125 Posted : Friday, June 15, 2018 1:02:11 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
@Obiero text me... Uv missed again bro. Lost my phone.
possunt quia posse videntur
obiero
#10126 Posted : Friday, June 15, 2018 6:25:08 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
maka wrote:
@Obiero text me... Uv missed again bro. Lost my phone.

Done

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10127 Posted : Friday, June 15, 2018 5:46:51 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
22.06.2018 https://www.nse.co.ke/li...nt-for-kenya-airways-plc

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10128 Posted : Saturday, June 16, 2018 4:58:53 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Impunity
#10129 Posted : Saturday, June 16, 2018 11:31:17 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,325
Location: Masada
obiero wrote:
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later


We are tired with you.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

VituVingiSana
#10130 Posted : Sunday, June 17, 2018 1:55:04 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,063
Location: Nairobi
obiero wrote:
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later
We have been thanking you since 2013... Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#10131 Posted : Sunday, June 17, 2018 6:07:29 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
VituVingiSana wrote:
obiero wrote:
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later
We have been thanking you since 2013... Laughing out loudly Laughing out loudly Laughing out loudly

It should be 2014. And I appreciate. Testimonials have been made right here by the shrewd. KQ has already made some wazuans cash, especially in the last two years. But the highest return is yet to come

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
sparkly
#10132 Posted : Sunday, June 17, 2018 2:49:31 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later
We have been thanking you since 2013... Laughing out loudly Laughing out loudly Laughing out loudly

It should be 2014. And I appreciate. Testimonials have been made right here by the shrewd. KQ has already made some wazuans cash, especially in the last two years. But the highest return is yet to come


Which wazuans have made cash from KQ? Asking for myself and friends
Life is short. Live passionately.
xxxxx
#10133 Posted : Sunday, June 17, 2018 4:41:27 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
sparkly wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later
We have been thanking you since 2013... Laughing out loudly Laughing out loudly Laughing out loudly

It should be 2014. And I appreciate. Testimonials have been made right here by the shrewd. KQ has already made some wazuans cash, especially in the last two years. But the highest return is yet to come


Which wazuans have made cash from KQ? Asking for myself and friends


It must be only @VVS sijuyi he won the BETApplause
obiero
#10134 Posted : Sunday, June 17, 2018 4:48:50 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Impunity wrote:
Spikes wrote:
obiero wrote:
HaMaina wrote:
Spikes wrote:
HaMaina wrote:
Impunity wrote:
I want to exit this bus and enter Mumias...anything above 6.20 am profitable.


You're most welcome.

@Hamaina and @Obiero are amazing guys!


Thanks.

@Impunity it is good to know that you have made a return on your investment.. You are free to exit but just know that you have left the party way too early. Michael Joseph charm offensive already evident as JJ gets international flights green light http://www.businessdaily...5714-13jd6qt/index.html

The major announcement @Obiero is waiting for is in for the interest of long-term investors. I don't think filling a hole of kes 44bn will benefit traders. There's a lot of uncertainty surrounding this stock!


If I exit today at 7 bob I will make 80cents profit...not bad at all.
I will go to Mumias and try see some magic...it's too big to FAIL.

Testimony one @impunity

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10135 Posted : Sunday, June 17, 2018 4:50:33 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
snifadog wrote:
double checked, am up 80% and my account has not been updated.. perhaps I should not be disclosing this info and should just profit asap..

Testimony two @snifadog

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10136 Posted : Sunday, June 17, 2018 4:58:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Kwiklana wrote:
I have been watching on the sidelines as a guest and today, I registered to say a special thank you to @Obiero. The passion with which he believes in KQ made me get interested in the counter and in 4 months, I made some cool cash.

@Obiero I wish you well amidst all the bashing.

Also special thanks to @karasinga for the directional forecast thread, something I always look forward to reading. I am a total newbie and learning continues...

Testimony three @kwiklana

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10137 Posted : Sunday, June 17, 2018 5:00:37 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
maka wrote:
obiero wrote:
muandiwambeu wrote:
obiero wrote:
@spikes please feed us with your tripe.. The August House has accented the bill subject to Presidential acceptance..

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly d'oh! . This is nse for you anyday. NSE, a house of mad men drunk with shang'aa?

Order Paper number 60 dated 15.06.2017, motion 18 by Leader of Majority... http://www.parliament.go...a6fe1ecda664a9f1a827bc1


Let's me go to bed and dream how I will munch some of this cash.

Testimony four @maka

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10138 Posted : Sunday, June 17, 2018 5:05:14 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Flo-ology wrote:
Hello Bro Obiero. I have been off Wazua due to assignment but I had to post this because of you: your prophecy helped me make about KES 300k in less than 2 months(bought at 4.3, dumped at 7.1);the best gain ever on my nse counters. I am really sorry that your own prophecy couldn't help you see the looming disaster ahead of KQ...

May God watch over you...

Testimony five @flo-ology

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10139 Posted : Sunday, June 17, 2018 5:10:27 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
xxxxx wrote:
sparkly wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later
We have been thanking you since 2013... Laughing out loudly Laughing out loudly Laughing out loudly

It should be 2014. And I appreciate. Testimonials have been made right here by the shrewd. KQ has already made some wazuans cash, especially in the last two years. But the highest return is yet to come


Which wazuans have made cash from KQ? Asking for myself and friends


It must be only @VVS sijuyi he won the BETApplause

Read the links right above carefully.. Wazuans have come forward on this very thread in the last one year stating gains made. Note that KQ was the top NSE gainer for year 2017. Or you need another link of proof?? Meanwhile, note and note it well that the gains coming up on KQ in the next few months for existing shareholders will be huge and unprecedented. Thank me later

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#10140 Posted : Sunday, June 17, 2018 8:56:01 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Impunity wrote:
obiero wrote:
To all fair minded wazuans. It's now or never.. By 22.06.2018 the ship would have sailed. 2018 will be a year you may live to remember or regret depending on your next move. Thank me later


We are tired with you.

After all that I have done for you

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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