Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Ericsson wrote:obiero wrote:What KQ board and management are currently doing via delay of the Open Offer must be the most unprofessional thing they have ever had to do.. Virtually no trading for the past two months? Of what benefit is it? KQ Lenders wamekaa ngumu KQLC have no hand in it. They already signed an agreement of non participation in the Open Offer. It's the KQ board and management that are dragging their feet for reasons yet to be disclosed Bailout yourself, pick up the pieces and go on with life! 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: 14,213 Location: nairobi
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Spikes wrote:obiero wrote:Ericsson wrote:obiero wrote:What KQ board and management are currently doing via delay of the Open Offer must be the most unprofessional thing they have ever had to do.. Virtually no trading for the past two months? Of what benefit is it? KQ Lenders wamekaa ngumu KQLC have no hand in it. They already signed an agreement of non participation in the Open Offer. It's the KQ board and management that are dragging their feet for reasons yet to be disclosed Bailout yourself, pick up the pieces and go on with life! Lol. Like KQ is my life.. Please child
KQ ABP 4.26
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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obiero wrote:What KQ board and management are currently doing via delay of the Open Offer must be the most unprofessional thing they have ever had to do.. Virtually no trading for the past two months? Of what benefit is it? It's about the political environment currently in the country....just chill a little. 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: 14,213 Location: nairobi
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Impunity wrote:obiero wrote:What KQ board and management are currently doing via delay of the Open Offer must be the most unprofessional thing they have ever had to do.. Virtually no trading for the past two months? Of what benefit is it? It's about the political environment currently in the country....just chill a little. I will chill.. But I believe that locals form the majority of minority shareholders and with the completed restructuring it's unlikely that the Open Offer shall fail.. Highly unlikely unless the ratio is anything less than 3 new shares for each share held and a price above KES 6
KQ ABP 4.26
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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This bugger wants to remove Buddy passes... Smh he should go back to Poland. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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maka wrote:This bugger wants to remove Buddy passes... Smh he should go back to Poland. Hahaha. Sebastian Bugger Mikosz. Best friend to Grandiose Bugger Obiero
KQ ABP 4.26
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:maka wrote:This bugger wants to remove Buddy passes... Smh he should go back to Poland. Hahaha. Sebastian Bugger Mikosz. Best friend to Grandiose Bugger Obiero Am really annoyed... This is one of the things Ngunze worked on for the employees. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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maka wrote:obiero wrote:maka wrote:This bugger wants to remove Buddy passes... Smh he should go back to Poland. Hahaha. Sebastian Bugger Mikosz. Best friend to Grandiose Bugger Obiero Am really annoyed... This is one of the things Ngunze worked on for the employees. @maka the ESOP is better for the company as a reward scheme since if we look at it without emotions buddy passes were even used by non performers
KQ ABP 4.26
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Rank: Elder Joined: 7/22/2008 Posts: 2,721
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obiero wrote:Kusadikika wrote:Banks always have provisions for bad debts. This is an important thing to remember here because the share price will not depend on any fundamentals in the near term, it will depend on how banks choose to deal with their shares.
A decision to cut losses and get whatever cash they can will will lead to a massive selloff that will drive down share price.
Banks need cash and they are in the business of selling debts every day not sitting and waiting for shares to appreciate. I bet some bankers would be willing to take 50% or less of what they put in if they could get the cash today rather than wait 5 years and hope to recover the whole amount. As soon as serious buyers show up this price will tank precipitously. I hope I am wrong but a steep drop is coming. I am calling a sub 5/= by end of January 2018. Remember that the banks do not hold the shares as banks but via KQ Lenders Co Ltd with Dr Martin Oduor as the chosen bank representative.. The said company is run by directors via resolutions.. I would love to see any resolution to sell KQ stock at KES 5 while they bought at KES 8.52.. Further the main banks can opt to buy out the leaner ones to stabilize the price.. These are not sheepish shareholders with no clue of what they are doing.. January is not far.. We await your prophesy to materialize I was wrong. Obiero was right.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Kusadikika wrote:obiero wrote:Kusadikika wrote:Banks always have provisions for bad debts. This is an important thing to remember here because the share price will not depend on any fundamentals in the near term, it will depend on how banks choose to deal with their shares.
A decision to cut losses and get whatever cash they can will will lead to a massive selloff that will drive down share price.
Banks need cash and they are in the business of selling debts every day not sitting and waiting for shares to appreciate. I bet some bankers would be willing to take 50% or less of what they put in if they could get the cash today rather than wait 5 years and hope to recover the whole amount. As soon as serious buyers show up this price will tank precipitously. I hope I am wrong but a steep drop is coming. I am calling a sub 5/= by end of January 2018. Remember that the banks do not hold the shares as banks but via KQ Lenders Co Ltd with Dr Martin Oduor as the chosen bank representative.. The said company is run by directors via resolutions.. I would love to see any resolution to sell KQ stock at KES 5 while they bought at KES 8.52.. Further the main banks can opt to buy out the leaner ones to stabilize the price.. These are not sheepish shareholders with no clue of what they are doing.. January is not far.. We await your prophesy to materialize I was wrong. Obiero was right. He was right by sheer coincidence! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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