If you look at the charts Safcon has established a pattern which it keeps re tracing...it goes all the way to 4.20 and then falls back to 3.80...thats a 10% gain pple...in this bear 10% will make u beat the NSE20.

>>and what's the turnaround, 2 or 3 cycles per month?

Ya'll just keep playing with this thing. In the event U get caught up with the up-coming possibly -ve results ndo mtajiju!

Possibly negative results? Would it be fair to say if the results were negative, there should have been a profit warning by now? What are the conditions necessary for issuance of a profit warning?

Companies only need to issue a profit warning if they expect net profits to decline by at least 25%. As far as I know there is also no timeline by which the profit warning has to be issued.

In the past, I have also known a couple of companies fail to issue the requisite profit warning and no sanctions were imposed by CMA or the NSE. I have also seen one company issue a profit warning shortly before results were released.

I would expect Safricom to behave better than the above. So at worst, I expect Safricom's results not to be lower by more than 25% vis-avis 2010. I actually anticipate slightly negative to flat results. Flat results for SCOM however would be absolutely commendable!

I really see you guys eating humble pie if you expect safaricoms earnings to ease...Just last week safaricom was showcasing their latest products they are about to launch.something to do with Medicare and cloud computing.Pasha centers will be rolling out this year and safaricom has products that will definitely hook its customers even more.

@lovely and 2the deal I think this thing was reduced to 1%...or when is it becoming effective?

I beg to explain my position. I was a shareholder of S.com having bought them in the lower 3s & upper 2s. I felt comfortable thereafter under the good reasoning that Voice business was washed up & that we were to SMOOTHLY transit to Data & VAS as the new revenue drivers....That was untill I woke up to a full page Airtel Ad.stating 3/= per minute! I sold that very day @ 5.6 regardless of it being cum-div. Why did I sell? The reasoning of a SMOOTH transition from Voice to Data had been adversly DISRUPTED. My intuition advised me well that S.com would not ignore Airtels price action (as it did often with Zain) & indeed an overnight tarriff war ensued. We should be well advised to accept that Voice still contributes the bulk of S.com's revenues (70% last time I checked). Thus, what do you think happens when today it is 8 bob/min & next week it is 3 bob/min? Please note your costs have not adjusted downwards in line with the drop in tariff rates...what else do you expect? That should be self explanatory. Furthermore, it is this reason that B.Collymore is aggresively cost cutting & restructuring. To Lt.investors the above should be crystal clear. To short-term traders they needn't care but just be cautious.

Mobile Termination charges March 2007 6.28 January
2008 5.27 January 2009 4.42 currently 2.21.

The pricing on voice has been linked to interconnect charges.

The question is for how long will voice continue to be the major component for Safaricom's revenue. It will not remain at 70% forever.
On other news, Airtel 3G bado? It better be good if they are keeping us waiting this long