Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
maka wrote:[quote=maka]Changes...   [/quote All implicated in one way or another in the forensic audit. Fuel procurement was adversely mentioned.
|
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances STALE NEWS!!!! We reported here long ago on this. Proceeds from the sale were received long ago and lease payments being paid for a number of months now.
|
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
maka wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! Starting with Naikuni....  These two planes are in the fleet. The B737-700 that you said are doing West Africa. You also posted on the LOS discussion.
|
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters  how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
Waiting, patiently.. Files handed over to CMA for final approval http://www.businessdaily...30170-eggksbz/index.html
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M Hmmm, but doesn't FTG actually OWN their assets? [Positive NAV] Same with I&M Bank? [Positive NAV] Does KQ own the engines? Or the aircraft? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
ArrestedDev wrote:Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale. Ahhh! I hope Equity gets paid with the proceeds. We don't need bad debts on our books with IFRS 9 coming into play starting 1 Jan 2018. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
VituVingiSana wrote:ArrestedDev wrote:Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale. Ahhh! I hope Equity gets paid with the proceeds. We don't need bad debts on our books with IFRS 9 coming into play starting 1 Jan 2018. past tense, utilized long ago. Nothing to pay down debts.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
ArrestedDev wrote:VituVingiSana wrote:ArrestedDev wrote:Ericsson wrote:mamilli wrote:obiero wrote:the deal wrote:Ericsson wrote:http://www.businessdailyafrica.com/corporate/companies/KQ-sells-two-planes-in-bid-to-shore-up-its-finances/4003102-4127694-k4bu15z/index.html
KQ sells two planes in bid to shore up its finances Aikona! The biggest losers in this saga apart from the already shafted Kenyan Government & KQ shareholders will be the banksters... asset stripping... somebody gotta be in jail for the f**k up that was project mawingu! KQ needs to delist...undergo liquidation... settle all its bills...GoK becomes 100% shareholder...KQ 2.O Just my 2 Zim cents! @thedeal you have missed the point on KQ. While I agree that some people need to go to jail, it's inconsiderate to imagine that GoK would liquidate it's national airline. Hii kitu haiweskani kufa, we may touch the lowest of lows in terms of share price but closing shop will not happen. Ask MSC, ask Uchumi.. One KQ aircraft engine could buy the entire FTG and leave change for part purchase of I&M But elder,that one engine is owned by the banksters how can KQ trade with what it does not own! @Mamilli You are right the engines are owned by the banksters. Not the local/kenyan ones but JP Morgan,Citibank and Barclays Plc. KQ can't sell them without their consent These two planes were purchased outrightly and very dated. Any loans used to acquire them must have been already or cleared with the proceeds from the sale. Ahhh! I hope Equity gets paid with the proceeds. We don't need bad debts on our books with IFRS 9 coming into play starting 1 Jan 2018. past tense, utilized long ago. Nothing to pay down debts. Very few companies can survive without debt
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
VituVingiSana wrote:Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. That statement is sad.. Seems like one Hassan Omar would make..
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
ArrestedDev wrote:All implicated in one way or another in the forensic audit. Fuel procurement was adversely mentioned. @maka, so the guy who falsified Alex's signature with Ngunze on the Dubai bank fuel guarantee is this one called Brian Mulwa. He should be jailed and made to pay back. Are there further changes coming?
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. That statement is sad.. Seems like one Hassan Omar would make.. Isn't it in the interest of more Kenyans to get cheaper and better connections? KQ has a chance to become dominant within Africa if the routes are chosen judiciously. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. That statement is sad.. Seems like one Hassan Omar would make.. Isn't it in the interest of more Kenyans to get cheaper and better connections? KQ has a chance to become dominant within Africa if the routes are chosen judiciously. You want to give cash to the French. SMH
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
ArrestedDev wrote:ArrestedDev wrote:All implicated in one way or another in the forensic audit. Fuel procurement was adversely mentioned. @maka, so the guy who falsified Alex's signature with Ngunze on the Dubai bank fuel guarantee is this one called Brian Mulwa. He should be jailed and made to pay back. Are there further changes coming? Ummh I dont know if its him...Changes yes new structure to be released by Nov 1st. possunt quia posse videntur
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. That statement is sad.. Seems like one Hassan Omar would make.. Isn't it in the interest of more Kenyans to get cheaper and better connections? KQ has a chance to become dominant within Africa if the routes are chosen judiciously. You want to give cash to the French. SMH Versus giving it to the Polish? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. That statement is sad.. Seems like one Hassan Omar would make.. Isn't it in the interest of more Kenyans to get cheaper and better connections? KQ has a chance to become dominant within Africa if the routes are chosen judiciously. You want to give cash to the French. SMH Versus giving it to the Polish? How many Kenyans will Air France employ? KQ employs close to 4,000 persons directly and upto 20,000 indirectly.. Kuwa serious mzee
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,055 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:Air France to resume direct flights Paris-Nairobi from next year march.
Three flights a week Excellent news. Now Kenyans can get better connections to Paris & beyond. Probably even cheaper than flights to (or connecting through) Schipol. That statement is sad.. Seems like one Hassan Omar would make.. Isn't it in the interest of more Kenyans to get cheaper and better connections? KQ has a chance to become dominant within Africa if the routes are chosen judiciously. You want to give cash to the French. SMH Versus giving it to the Polish? How many Kenyans will Air France employ? KQ employs close to 4,000 persons directly and upto 20,000 indirectly.. Kuwa serious mzee KQ already flies to Paris. Let KQ be competitive on this route and others. Many Kenyans use Ethiopian coz of the better fares. Even Rwandair has better fares on many routes. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
|
Where Kenya has reached unless ni sponsor anakulipia fare;nobody is thinking about patriotism. Cost overides everything;so KQ has to make it's fares competitive Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
|
maka wrote:ArrestedDev wrote:ArrestedDev wrote:All implicated in one way or another in the forensic audit. Fuel procurement was adversely mentioned. @maka, so the guy who falsified Alex's signature with Ngunze on the Dubai bank fuel guarantee is this one called Brian Mulwa. He should be jailed and made to pay back. Are there further changes coming? Ummh I dont know if its him...Changes yes new structure to be released by Nov 1st. Of course such a contract would have passed through him. There is no doubt.
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenya Airways...why ignore..
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.
|