Market hardly open n I'v got orders to buy Safcom from all n sundry at 7.50 for slightly over 720k shares! Its a buy for mid-to -long term.. 6months onward! It would be good to realise the market is so dynamic.. If institutions won't mop it..individuals are. Foreseeable monthly pick would be 8-9. Demand is very high at 7.40 but thins out incredibly at any thing above 7.50..with only individual who have orders of less than 12k shares quotin 8.

'..and it came to pass..' so did we!
This market will probably outlive us. Wacha pupa!!u can't have it all.

@kazee.. Three months anythin could happen. It depends with how efficiently the economy assimilates the refunds..CBK hasn't started off well by demanding banks to reject endorsed cheques..meanin some how more cash from individuals is likely to be consumed..sparkin inflationary tendencies(too much cash chasin too few goods)..instead of goin back to the market. Most orders now are comin from people with savings n clever ways of gettin cash against their uncleared refund cheques. For clearin days means cash finds way back into market mid next week. Am thinkin too much attention is on the stock..thus why focus on others is rather mild. So for those who missed buses..or th equity train..its a fine tym to find an entry point while focus is on Safcom. I must give it up to STOCKSMASTER! Ur analysis on Safcom was superb n i was able to hav majority of existin investors ignor th ipo n get in on secondary market. Thanx man!

'..and it came to pass..' so did we!
This market will probably outlive us. Wacha pupa!!u can't have it all.

@ Jammo

How far do you think this share will rise based on the fundamentals. Can anyone get in the bus at this stage?

53,016,700 No. of safaricom shares traded today!
Must be the guys who bought at btwn 2.80 and 3.60 selling. They've must be making serious money

...ili iwe funzo!

Hi,

Would it be a good idea to buy at the price of 4.40/-(hoping I can do that this coming monday) and then sell later if price goes to 7/- hopefully?

I am thinking of buying and selling end of Jan or even before then.Or shd I buy Equity at the current price to offload may be at a similar time.

Please someone assist as I have some 400k lying idle somewhere and would want to utilise it by early Feb.

Your input would be of much assistance

Thanx wonderful one.

Infact I am very confused abt this.Other input on even other counters would be much appreciated

Already up 10% so now its a waiting a game till tomorrow... Plenty of buyers but sellers are few & in between...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

@ retro

how much did you buy those shares..?

When you run so fast to get somewhere,you miss the fun of getting there... Life is not a race,so take it slowly....

@Retro;

Rather than sell the whole lot,you may want to consider some profit taking...this way.

You bought at 4.8 if it goes up by 10% [5.30],sell 10% of your holding [18,000 shares] and wait......if it goes another 10% [5.80],sell another 10% of the remaining holding [16,000 shares]......

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

mmmhhh... profit taking. In a weeks time it will go back to 4 bob...