Wazua
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Kenya Airways...why ignore..
Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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maka wrote: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" Question: Is the crew/staff trying to sabotage KQ? If they sabotage KQ, then what? I am invested in KQ via 1/45,000,000 shareholding of GoK's holding + a larger percentage via some of the exposed banks e.g. Equity and I&M. @maka - Why would US flights not work? If priced right, why would folks want to take the longer ME or EU connections? Aircraft - I read that the 787s and 777s leased to TK and Oman are being returned within 2 years. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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KQ keeps Kibaki's heels cooling. I wonder what Kibaki would say of KQ  "Mavi ya kuku" https://citizentv.co.ke/...t-kisumu-airport-152257/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: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? We have been taken on a wild goose chase by the white men, but we shall overcome. Headed to the courts soon unless Jesus softens their hearts
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:VituVingiSana wrote: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? We have been taken on a wild goose chase by the white men, but we shall overcome. Headed to the courts soon unless Jesus softens their hearts Sigh, don't blame the "White Men" for what befell KQ shareholders. I was a fan of KQ until my eyes were opened up to the brazen mismanagement and theft at KQ headed by Mwaniki (Chairperson), Naikuni (CEO) and Mbugua (CFO). And many others. Then came in Ngunze as the "savior" who bought ZERO shares in KQ but walked away with 400mn+ in his 5 years at KQ. As is, KQ was BANKRUPT by 2016. When Joseph came in, he was given a BANKRUPT firm to resuscitate. I feel the pain as a (former) shareholder, taxpayer, citizen and shareholder of various banks/KQLC. 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:obiero wrote:VituVingiSana wrote: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? We have been taken on a wild goose chase by the white men, but we shall overcome. Headed to the courts soon unless Jesus softens their hearts Sigh, don't blame the "White Men" for what befell KQ shareholders. I was a fan of KQ until my eyes were opened up to the brazen mismanagement and theft at KQ headed by Mwaniki (Chairperson), Naikuni (CEO) and Mbugua (CFO). And many others. Then came in Ngunze as the "savior" who bought ZERO shares in KQ but walked away with 400mn+ in his 5 years at KQ. As is, KQ was BANKRUPT by 2016. When Joseph came in, he was given a BANKRUPT firm to resuscitate. I feel the pain as a (former) shareholder, taxpayer, citizen and shareholder of various banks/KQLC. I share solidly in your pain. The Open Offer would have made the difference but without it existing minority shareholders are doomed. If you see news about anyone storming The Pride Centre naked, ask no questions as to the identity of the individual
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: 6/23/2009 Posts: 13,475 Location: nairobi
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Michael Joseph states "I am not a democrat but a dictator. I also truly don't know much about airlines but in an island full of blind people, the man with at least one eye is key".. I'm starting to doubt the guys sanity https://youtu.be/O9GVllZaiSA
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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Terrible figures.... Inaugural flight has 60 something (plus joyriders) ... Return 30... Thats highest number other flights have 10...18 etc infact one has 3...2 adults and a kid... Ground handling cost 4700 USD per dreamliner... Madness... GHA cost hapa Juba ni 600 USD. possunt quia posse videntur
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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[quote=obiero]Michael Joseph states "I am not a democrat but a dictator. I also truly don't know much about airlines but in an island full of blind people, the man with at least one eye is key".. I'm starting to doubt the guys sanity https://youtu.be/O9GVllZaiSA[/quote] You've made my evening. Don't kill me ooo! 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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maka wrote:Terrible figures.... Inaugural flight has 60 something (plus joyriders) ... Return 30... Thats highest number other flights have 10...18 etc infact one has 3...2 adults and a kid... Ground handling cost 4700 USD per dreamliner... Madness... GHA cost hapa Juba ni 600 USD. @maka the first two years of any route are usually not profitable
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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VituVingiSana wrote: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? Loll,.. He was so sure the open offer was forthcoming.... Had started marshalling my war chest... Anyway, this was simply a case of bad intel
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Stiffler wrote:VituVingiSana wrote: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? Loll,.. He was so sure the open offer was forthcoming.... Had started marshalling my war chest... Anyway, this was simply a case of bad intel There was a document which has since been taken down from their capital optimization webpage.. soo shady. feeling torn
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:Terrible figures.... Inaugural flight has 60 something (plus joyriders) ... Return 30... Thats highest number other flights have 10...18 etc infact one has 3...2 adults and a kid... Ground handling cost 4700 USD per dreamliner... Madness... GHA cost hapa Juba ni 600 USD. @maka the first two years of any route are usually not profitable First 3 but as I said Sebastian was told to do 3 flights weekly he totally refused... 3 would have been ideal... possunt quia posse videntur
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:Stiffler wrote:VituVingiSana wrote: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? Loll,.. He was so sure the open offer was forthcoming.... Had started marshalling my war chest... Anyway, this was simply a case of bad intel There was a document which has since been taken down from their capital optimization webpage.. soo shady. feeling torn Don't underestimate the power of KQ Lenders 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:Stiffler wrote:VituVingiSana wrote: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? Loll,.. He was so sure the open offer was forthcoming.... Had started marshalling my war chest... Anyway, this was simply a case of bad intel There was a document which has since been taken down from their capital optimization webpage.. soo shady. feeling torn Don't underestimate the power of KQ Lenders Extremely dark forces are conspiring to defraud minority shareholders
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Back to hedging is this a good thing or a bad thing? with the Iran, Saudi deal won't they regret hedging at current prices only for them to fall soon. https://www.businessdail...862-14n76ohz/index.html
To Each His Own
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Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
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'Kenya Airways why ignore'
Title was so spot on, but we didnt listen
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Stiffler wrote:'Kenya Airways why ignore'
Title was so spot on, but we didnt listen It was known that the company was in distress by all and sundry. What wasn't known was that it's management would intentionally mislead investors
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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The key to KQ recovery will be --Growth in passenger numbers --Growth in revenue Cost cutting measures they are now past that 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:The key to KQ recovery will be
--Growth in passenger numbers
--Growth in revenue
Cost cutting measures they are now past that The KAA-KQ PPP is also a game changer but for now I watch from a distance with my 80,000 KQ shares
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: 6/23/2009 Posts: 13,475 Location: nairobi
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It's a gamble but depends largely on the experts at hand.. Obviously the former CFO used it for self enrichment
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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