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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,060 Location: Nairobi
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obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,641 Location: NAIROBI
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Michael Joseph won't make a significant difference. As director of Vodafone Money and considering his age don't think he will have the energy and time to be fully dedicated in turning around Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? No. It was not on the agenda. Last minute introduction as suggested by GOK and willingly accepted by the gentleman
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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obiero wrote:VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? No. It was not on the agenda. Last minute introduction as suggested by GOK and willingly accepted by the gentleman Will he manage the rot in there plus the eating culture of topbrass.  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 3/2/2009 Posts: 26,325 Location: Masada
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VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? What kind of Director? MD or Board? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Impunity wrote:VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? What kind of Director? MD or Board? Board... possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Angelica _ann wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? No. It was not on the agenda. Last minute introduction as suggested by GOK and willingly accepted by the gentleman Will he manage the rot in there plus the eating culture of topbrass. Things have been tightened in the last few months on matters stealing... possunt quia posse videntur
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Rank: Elder Joined: 3/2/2009 Posts: 26,325 Location: Masada
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maka wrote:Impunity wrote:VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? What kind of Director? MD or Board? Board... Ohhh, is he joining as a board member or as the chairman of Board itself? It will make impact if he was to join as the chairman! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Impunity wrote:maka wrote:Impunity wrote:VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? What kind of Director? MD or Board? Board... Ohhh, is he joining as a board member or as the chairman of Board itself? It will make impact if he was to join as the chairman! The name Michael Joseph will inspire any stock to a rally. @Obiero, let me be the first to admit there is a method to your madness Start!
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Rank: Member Joined: 5/6/2008 Posts: 199
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More pertinent is how the plan to address the negative equity. Any word on that?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Metch wrote:Impunity wrote:maka wrote:Impunity wrote:VituVingiSana wrote:obiero wrote:Spikes wrote:obiero wrote:Live at the AGM, my heart is beating fast. These goons had better spill the beans If they spill bad beans bailout while you are there but there are no volumes enough to accommodate your current holding. Accept deep wounds and move on๐ Amen brother.. Michael Joseph has offered himself as a director to quicken the turn around Now that's a good sign. Was it on the agenda? What kind of Director? MD or Board? Board... Ohhh, is he joining as a board member or as the chairman of Board itself? It will make impact if he was to join as the chairman! The name Michael Joseph will inspire any stock to a rally. @Obiero, let me be the first to admit there is a method to your madness Rally to where???when the underlying business is still flawed and as @Tandich has asked negative equity problem hasnt been sorted...Long...long...way to go. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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tandich wrote:More pertinent is how the plan to address the negative equity. Any word on that? On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:tandich wrote:More pertinent is how the plan to address the negative equity. Any word on that? On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November How???? Logics please? John 5:17 But Jesus replied, โMy Father is always working, and so am I.โ
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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Spikes wrote:obiero wrote:tandich wrote:More pertinent is how the plan to address the negative equity. Any word on that? On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November How???? Logics please? No price rally. @Obiero is busy consoling himself. The turnaround of this airline is very long. The price will hit KES 8 in 5 years from now if all goes well. If Michael Joseph was to be the CEO then it might have been better but just as a board member, no much influence since the executive mgnt is not strong. I hope he addresses the pricing issue. Remember how he pulled a fast one on Kencell (Airtel)? The age does not matter. He is good in corporate strategy and that's what KQ needs but again the influence won't be very strong. On the negative equity, there is nothing the board kept as a secret. The true position is that there is no way out as of now. Ngunze do not have anything new on the table. He is relying on the consultants to do everything and this is the most undoing that KQ is going through.
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Rank: Member Joined: 1/13/2014 Posts: 380 Location: Denmark
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ArrestedDev wrote:Spikes wrote:obiero wrote:tandich wrote:More pertinent is how the plan to address the negative equity. Any word on that? On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November How???? Logics please? No price rally. @Obiero is busy consoling himself. The turnaround of this airline is very long. The price will hit KES 8 in 5 years from now if all goes well. If Michael Joseph was to be the CEO then it might have been better but just as a board member, no much influence since the executive mgnt is not strong. I hope he addresses the pricing issue. Remember how he pulled a fast one on Kencell (Airtel)? On the negative equity, there is nothing the board kept as a secret. The true position is that there is no way out as of now. Ngunze do not have anything new on the table. He is relying on the consultants to do everything and this is the most undoing that KQ is going through. I've never attended such a boring AGM. There were two comics seated at the front row harassing Awori. Nothing new was discussed, just a formality meeting that's all. Seeing is believing
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:obiero wrote:ArrestedDev wrote:ProverB wrote:ArrestedDev wrote:obiero wrote:The Great wrote:http://www.standardmedia.co.ke/mobile/article/2000217425/kenya-airways-in-talks-with-3-4-parties-on-stake-sale Qatar Airways wants to buy out KLM plus a significant stake of GOK, but both parties don't want to loose control of the boardroom It will not be an easy task to buy out KLM. They are fully in control, veto powers and key executive positions - at least 2 or even more? What's the value proposition that KQ provides to KLM? I'm sure they aren't in it for the "Worst Devalued Investment" Award.  Curtailing the growth of KQ will see KLM continue to draw revenue from East Africa as well as Southern Africa and even West Africa as it is currently. KLM draws more revenue from East Africa than KQ yet it is the later's hub. KLM continued access to Nairobi with maximum capacity in terms of Cargo and Pax flight will guarantee them maximum benefit as it is now. A less stronger KQ is good for KLM. KLM's investment in KQ is a strategy to curtail it rather than a return on investment. You speak soo strongly against your employer.. The bible has a few chapters on people like you This is exactly what is happening. Even the bidders you are talking about here are not after reviving KQ. They are looking for a penetration strategy to the African Market. If Qatar succeed to buy a stake, they will ensure the agreement entails unlimited access to Kenya especially Mombasa which they have been fighting to get. KLM knows exactly what went wrong with KQ. They are perpetrating the mess in KQ so that they eat the cake. Leave alone the foolish talk by Ngunze. Well all I know is that GOK has stated an acceptance tag of KES 17 per share.. A price I am willing to settle for Whatever price, they are buying the landing rights and not interested in reviving KQ. There in lies my exit strategy. There is something special about to happen to the ordinary shareholders of KQ. There's no other time than now. Money is about to be made by the bucketload There will be no huge price rally as you expect. It may even tumble to sub 2/=.The situation is very tricky. As it stands now KQ needs further cash injection to continue operating. 6% up as at now If the outcome of the meeting tomorrow falls short of investor expectation @obiero be prepared for a sharp plunge! I warned you yesterday and today morning. It is not a secret; a nosedive continues tomorrow!@obiero I told you so! John 5:17 But Jesus replied, โMy Father is always working, and so am I.โ
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Rank: Chief Joined: 1/3/2007 Posts: 18,060 Location: Nairobi
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obiero wrote:tandich wrote:More pertinent is how the plan to address the negative equity. Any word on that? On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November Lakini, @Obiero, didn't you tell us that TODAY is the day that ALL will be revealed? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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jawgey wrote:ArrestedDev wrote:Spikes wrote:obiero wrote:tandich wrote:More pertinent is how the plan to address the negative equity. Any word on that? On that, the board kept their cards close to chest.. H1 will reveal all.. For those who need to wait until that time, please not that you will have to buy at KES 8 per share in mid November How???? Logics please? No price rally. @Obiero is busy consoling himself. The turnaround of this airline is very long. The price will hit KES 8 in 5 years from now if all goes well. If Michael Joseph was to be the CEO then it might have been better but just as a board member, no much influence since the executive mgnt is not strong. I hope he addresses the pricing issue. Remember how he pulled a fast one on Kencell (Airtel)? On the negative equity, there is nothing the board kept as a secret. The true position is that there is no way out as of now. Ngunze do not have anything new on the table. He is relying on the consultants to do everything and this is the most undoing that KQ is going through. I've never attended such a boring AGM. There were two comics seated at the front row harassing Awori. Nothing new was discussed, just a formality meeting that's all. The two comics were paid hands.. Only captain chege made any meaningful contribution in terms of thought provocation.. I prefer not to speak in such meetings since the company will have its way regardless based on the top shareholders.. It indeed was a let down but hope is eternal @vvs. 2.53million KQ shares traded today.. The volume build up continues
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,060 Location: Nairobi
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Meanwhile... it is time to wait for banks' 3Q results. [I expect good 3Q but dampened results for 4Q]. Then 1Q 2017 will be the bell-weather. Equity is one bank I have a lot of faith in to adapt (& thrive) to the new order. Others whose results are expected include Williamson, Kapchorua, etc whose 1/2 year end tomorrow. KQ too but that's for @Obiero to worry about and for most of us to make fun of. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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VituVingiSana wrote:Meanwhile... it is time to wait for banks' 3Q results. [I expect good 3Q but dampened results for 4Q]. Then 1Q 2017 will be the bell-weather. Equity is one bank I have a lot of faith in to adapt (& thrive) to the new order.
Others whose results are expected include Williamson, Kapchorua, etc whose 1/2 year end tomorrow.
KQ too but that's for @Obiero to worry about and for most of us to make fun of. The rally is truly on.. Media team was asked to remain behind for ego-massage. Awori is good at these things which are the lifeline of all stocks. Without good media relations even Safaricom would be under based on the many scandals that have happened there
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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