Wazua
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Kenya Airways...why ignore..
Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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I hang my head in shame! KQ has screwed us over, no concrete mention of the Open Offer date at the AGM
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: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:I hang my head in shame! KQ has screwed us over, no concrete mention of the Open Offer date at the AGM I told you earlier. 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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Ericsson wrote:obiero wrote:I hang my head in shame! KQ has screwed us over, no concrete mention of the Open Offer date at the AGM I told you earlier. http://corporate.kenya-a...ion/AGM_Notice_2017.PDF I should have listened. But Michael Joseph said that "I am not a fraudster and never will become one.." I'm still digesting that statement "For the 9 month financial year, we carried 3.4M passengers at a cabin factor of 76.2%, Cargo business operated 2 freighters and generated a revenue of 54M $. We are still operating same fleet base and not extending any subleases of the planes." CEO; Sebastian Mikosz
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:Ericsson wrote:obiero wrote:I hang my head in shame! KQ has screwed us over, no concrete mention of the Open Offer date at the AGM I told you earlier. http://corporate.kenya-a...ion/AGM_Notice_2017.PDF I should have listened. But Michael Joseph said that "I am not a fraudster and never will become one.." I'm still digesting that statement "For the 9 month financial year, we carried 3.4M passengers at a cabin factor of 76.2%, Cargo business operated 2 freighters and generated a revenue of 54M $. We are still operating same fleet base and not extending any subleases of the planes." CEO; Sebastian Mikosz I've warned you severally that you must be careful trading with whales. Corporate greed will smother your hardly earned peanuts to oblivion. Imagine a small feeble fish wagging a tail around a big mighty fish. You risk being devoured alive. 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: 13,475 Location: nairobi
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Spikes wrote:obiero wrote:Ericsson wrote:obiero wrote:I hang my head in shame! KQ has screwed us over, no concrete mention of the Open Offer date at the AGM I told you earlier. http://corporate.kenya-a...ion/AGM_Notice_2017.PDF I should have listened. But Michael Joseph said that "I am not a fraudster and never will become one.." I'm still digesting that statement "For the 9 month financial year, we carried 3.4M passengers at a cabin factor of 76.2%, Cargo business operated 2 freighters and generated a revenue of 54M $. We are still operating same fleet base and not extending any subleases of the planes." CEO; Sebastian Mikosz I've warned you severally that you must be careful trading with whales. Corporate greed will smother your hardly earned peanuts to oblivion. Imagine a small feeble fish wagging a tail around a big mighty fish. You risk being devoured alive. I'm humbled by your investment opinion and shall act accordingly in future to protect my peanuts
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: 3/2/2009 Posts: 26,325 Location: Masada
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We never learn, as KQuers. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:
I hang my head in shame! KQ has screwed us over, no concrete mention of the Open Offer date at the AGM
Ndugu @Obiero did you ever see post 9880 of Monday, May 07, 2018?Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
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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 Loll
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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@pesanane unfortunately I never saw this but its not a well thought out tweet. the fact is that KQ said that there will be a compensating Open Offer but have since backtracked in a very shady manner
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
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Out of ignorance, didnt anyone specifically raise a point of order and inquire about the Open Offer?! Me thinks for an agm to be an AGM people should be facilitated to ask questions. Otherwise it becomes a Public Briefing...
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Stiffler wrote:Out of ignorance, didnt anyone specifically raise a point of order and inquire about the Open Offer?! Me thinks for an agm to be an AGM people should be facilitated to ask questions. Otherwise it becomes a Public Briefing... Most of the retail investors at KQ are old people with limited knowledge and the KQ board therefore runs roughshod over the segment. A court case is likely to come up and a depressed share price in the interim period is imminent since no sane investor pre-restructure shall trade at such levels of loss. That being said, I never made it to todays AGM but would not have asked about the Open Offer even if I did attend. Want to see just how dark, the KQ management can get..
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 6/6/2016 Posts: 165 Location: Nairobi
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so, there is no open offer as implied by the silence from the management? shafted is an understatement!
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Rank: Veteran Joined: 4/23/2014 Posts: 903
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You should have gotten the hint, no one can place an open offer price and Ksh 7.00 and expect to have any good news before the price gets there or below. Stay Strong. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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 I still stand with my opinion that Sebastian wont stay for long sorry to say this but this NY flights will be the beginning of the end. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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maka wrote: I still stand with my opinion that Sebastian wont stay for long sorry to say this but this NY flights will be the beginning of the end. Shindwe!
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: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:maka wrote: I still stand with my opinion that Sebastian wont stay for long sorry to say this but this NY flights will be the beginning of the end. Shindwe! Daily flights to States cant work with the fleet in hand... Ohh plus crew... How many delays were there last week due to "crew shortage" possunt quia posse videntur
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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HaMaina wrote:You should have gotten the hint, no one can place an open offer price and Ksh 7.00 and expect to have any good news before the price gets there or below. Stay Strong. Strength is the only remedy. Asante
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: 18,057 Location: Nairobi
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obiero wrote:Stiffler wrote:Out of ignorance, didnt anyone specifically raise a point of order and inquire about the Open Offer?! Me thinks for an agm to be an AGM people should be facilitated to ask questions. Otherwise it becomes a Public Briefing... Most of the retail investors at KQ are old people with limited knowledge and the KQ board therefore runs roughshod over the segment. A court case is likely to come up and a depressed share price in the interim period is imminent since no sane investor pre-restructure shall trade at such levels of loss. That being said, I never made it to todays AGM but would not have asked about the Open Offer even if I did attend. Want to see just how dark, the KQ management can get.. Hold on. This is your Alpha and Omega [investing-wise]. I have never seen anyone put in so much time and effort dissing anyone who dared question KQ's viability. And all those posts about the "Open Offer"... And you didn't go to the AGM? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Kenya Airways...why ignore..
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