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Kenya Airways...why ignore..
sparkly
#10301 Posted : Monday, July 02, 2018 6:44:49 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
Two things to note on KQ
1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12
2. Minority shareholders will continue to be unwilling to sell below KES 21
Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes


Nobody wants to buy
Life is short. Live passionately.
obiero
#10302 Posted : Monday, July 02, 2018 8:24:13 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,477
Location: nairobi
sparkly wrote:
obiero wrote:
Two things to note on KQ
1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12
2. Minority shareholders will continue to be unwilling to sell below KES 21
Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes


Nobody wants to buy

I believe its more like no one wants to sell.. But the jury is out. You could be right!

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#10303 Posted : Monday, July 02, 2018 8:40:38 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,646
Location: NAIROBI
obiero wrote:
sparkly wrote:
obiero wrote:
Two things to note on KQ
1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12
2. Minority shareholders will continue to be unwilling to sell below KES 21
Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes


Nobody wants to buy

I believe its more like no one wants to sell.. But the jury is out. You could be right!


Projections of 2018 HY results that ended saturday 2359hrs
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#10304 Posted : Monday, July 02, 2018 11:19:29 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,064
Location: Nairobi
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets
Ngunze made out like a bandit during this stint in KQ.
Everybody but the shareholders made money off KQ
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#10305 Posted : Monday, July 02, 2018 11:29:50 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,064
Location: Nairobi
sparkly wrote:
obiero wrote:
Two things to note on KQ
1. KQLC, KLM, KQ ESOP and GoK shall be unwilling to sell below KES 12
2. Minority shareholders will continue to be unwilling to sell below KES 21
Effectively we have a hung share with little use of remaining listed as it has not been tradable since the restructuring. The volume action speaks volumes


Nobody wants to buy
Meanwhile, there are those who used to make fun of my support for KK Laughing out loudly Laughing out loudly Laughing out loudly
Ohana said during the AGM he expects a record year (PAT) in 2019.
Of course, there is a catch i.e. there may be no more write-offs!
An apples to apples comparison should be made on his claims.

I think KQ will survive under Mikosz and Joseph but there's a cost to the Kenyan Taxpayer.
JKIA is being given away for free to KQ. I do not mind KQ getting fair rates to use JKIA but giving JKIA to KQ is a subsidy.
A better option would have been to reduce taxes/duties on planes, parts, fuel, etc that would make KQ (& other local airlines) more competitive.

I hope KQ becomes profitable on an apples to apples basis and not just JKIA being given to KQ for free.

All airlines that use Nairobi for maintenance and fueling should benefit from lower taxes. The more passengers we can fly in, out and through Nairobi is better for our economy.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#10306 Posted : Monday, July 02, 2018 11:36:32 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,064
Location: Nairobi
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#10307 Posted : Monday, July 02, 2018 1:14:22 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,477
Location: nairobi
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!

He isn't taking peanuts either https://www.businessdail...642004-355ywb/index.html

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#10308 Posted : Monday, July 02, 2018 3:25:38 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,064
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!

He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html

It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#10309 Posted : Monday, July 02, 2018 3:59:31 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,477
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!

He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html

It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC.

KQ has a new lease of life via the KAA tie up.. We were taken to the cleaners via the denied Open Offer, but we shall rise above the deep water in due time.

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
ArrestedDev
#10310 Posted : Tuesday, July 03, 2018 3:30:01 PM
Rank: Member


Joined: 5/29/2016
Posts: 898
Location: Nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!

He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html

It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC.


Remember he is not paying McKinsey anymore.
Pesa Nane
#10311 Posted : Tuesday, July 03, 2018 4:19:31 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
ArrestedDev wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!

He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html

It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC.


Remember he is not paying McKinsey anymore.

Hope they were not compensated to go away as was the case with that other thug
Pesa Nane plans to be shilingi when he grows up.
VituVingiSana
#10312 Posted : Tuesday, July 03, 2018 10:54:29 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,064
Location: Nairobi
Pesa Nane wrote:
ArrestedDev wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!

He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html

It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC.


Remember he is not paying McKinsey anymore.

Hope they were not compensated to go away as was the case with that other thug
Everybody but the shareholders made money off KQ
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#10313 Posted : Tuesday, July 03, 2018 11:14:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,477
Location: nairobi
VituVingiSana wrote:
Pesa Nane wrote:
ArrestedDev wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
ArrestedDev wrote:
obiero wrote:
D32 wrote:
obiero wrote:
D32 wrote:
obiero wrote:
[quote=D32]If KQ did not make profit, are they supposed to file nil return?

NKT


What does that mean?

Do you know what happens if they don't make profit?

All companies under Kenyan company law cannot pay tax in the event of a loss position.. A return would be filled out for compliance but not a NIL return


Thank you for the insight.

Welcome.. Meanwhile Mikosz is upto reversing Ngunze tactics https://www.standardmedi...growing-airline-tickets[/quote]

I told you long ago your buddy was collapsing the Airline and calling it turnaround.

Mikosz probably isn't dishing out freebies like Ngunze either!

He isn't taking peanuts either https://www.businessdail...42004-355ywb/index.html

It's better to pay Mikosz than give freebies to funny chaps who add zero value to KQ. I am rooting for KQ to succeed under the new regime of Joseph and Mikosz. I have a significant investment in KQ courtesy of 1) Taxpayer 2) KQLC.


Remember he is not paying McKinsey anymore.

Hope they were not compensated to go away as was the case with that other thug
Everybody but the shareholders made money off KQ

Past tense

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
maka
#10314 Posted : Wednesday, July 04, 2018 5:16:35 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
https://money.cnn.com/20...&utm_source=twmoney

Guess what @KQ will do... smile
possunt quia posse videntur
VituVingiSana
#10315 Posted : Wednesday, July 04, 2018 8:09:55 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,064
Location: Nairobi
maka wrote:
https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney

Guess what @KQ will do... smile

Everybody but the shareholders made money off KQ (FY 2012-2017)
Everybody but the minority shareholders will make money off KQ (FY 2018)

I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#10316 Posted : Wednesday, July 04, 2018 9:24:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,477
Location: nairobi
VituVingiSana wrote:
maka wrote:
https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney

Guess what @KQ will do... smile

Everybody but the shareholders made money off KQ (FY 2012-2017)
Everybody but the minority shareholders will make money off KQ (FY 2018)

I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC

You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#10317 Posted : Wednesday, July 04, 2018 10:40:17 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,064
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
maka wrote:
https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney

Guess what @KQ will do... smile

Everybody but the shareholders made money off KQ (FY 2012-2017)
Everybody but the minority shareholders will make money off KQ (FY 2018)

I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC

You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone

Laughing out loudly Laughing out loudly Laughing out loudly You didn't even go to the KQ AGM. Anyway, I wish you the best!
You will have a better chance at making money off KQ as anything [shill, vendor, favorite son] but a minority shareholder of KQ.
That said, please support KQ as much as you can so that KQ can:
1) Pay off the loans to Equity, I&M and NIC.
2) KQLC can sell off its shares in KQ.
3) Build Kenya
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#10318 Posted : Wednesday, July 04, 2018 11:09:44 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,477
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
maka wrote:
https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney

Guess what @KQ will do... smile

Everybody but the shareholders made money off KQ (FY 2012-2017)
Everybody but the minority shareholders will make money off KQ (FY 2018)

I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC

You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone

Laughing out loudly Laughing out loudly Laughing out loudly You didn't even go to the KQ AGM. Anyway, I wish you the best!
You will have a better chance at making money off KQ as anything [shill, vendor, favorite son] but a minority shareholder of KQ.
That said, please support KQ as much as you can so that KQ can:
1) Pay off the loans to Equity, I&M and NIC.
2) KQLC can sell off its shares in KQ.
3) Build Kenya

Hehe. AGM attendance doesn't sway the board agenda

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
xxxxx
#10319 Posted : Thursday, July 05, 2018 12:52:36 AM
Rank: Member


Joined: 3/20/2008
Posts: 503
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
maka wrote:
https://money.cnn.com/2018/07/03/news/companies/delta-fuel-prices/index.html?utm_term=image&utm_content=2018-07-04T14:13:05&utm_medium=social&utm_source=twmoney

Guess what @KQ will do... smile

Everybody but the shareholders made money off KQ (FY 2012-2017)
Everybody but the minority shareholders will make money off KQ (FY 2018)

I do wish KQ the best as a 1) Taxpayer/Citizen 2) partial (indirect) owner of KQLC

You really have it in for KQ.. Minority shareholders have something up the sleeves. Tulia uone

Laughing out loudly Laughing out loudly Laughing out loudly You didn't even go to the KQ AGM. Anyway, I wish you the best!
You will have a better chance at making money off KQ as anything [shill, vendor, favorite son] but a minority shareholder of KQ.
That said, please support KQ as much as you can so that KQ can:
1) Pay off the loans to Equity, I&M and NIC.
2) KQLC can sell off its shares in KQ.
3) Build Kenya

Hehe. AGM attendance doesn't sway the board agenda


Can't wait to learn what the minority shareholders have up their sleeves which will sway the board agenda especially since they are not consulted on anything really.

A dissertation must be written about how to consistently shaft minority shareholders and get away with it. KQ will be used as a case study.

This turnaround, if it ever happens, will be sweeeeeeet.......but I say no to going through a burning furnace, just to have a chance of seeing the turnaround. I'll continue watching and learning from the sidelines.
Ericsson
#10320 Posted : Thursday, July 05, 2018 6:17:54 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,646
Location: NAIROBI
https://www.businessdail...46948-5c9c6v/index.html

I leave this here
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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