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Safaricom demand at 300 million
Rank: User Joined: 8/6/2010 Posts: 594
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Safaricom demand today is at 306,480,031 while supply is at 9 million. There will be an earth shaking transaction before the end of the week.  "One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed." Rev Canon Karanja.
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Today it transacted 57M shares, yesterday 12M. Just like jana, foreign investors remain the active participants! All u will be left with as local is the word Safari! @SufficientlyP
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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does it have to do with India's Bharti Airtel profits dropping to 12.15 billion rupees ($273.8 million) for the fiscal first quarter to June from 16.82 billion rupees a year earlier. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Oh my goodness,finally. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Stellar rally could be in the offing? 300 mirrion chairs is about a mbirrion shirrings worth!   Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Ole ole ole, Ole ole ole, But this Foreigners do exit in masses when dissatisfied, making share prices to really fall! Otherwise, hoping that my 72,900 shares will give me something cool by 2nd September 2011! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos
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For sometime now, American investors were calling profitable positions to shore up capital SHOULD US DEBT DEFAULT, but it didn't and now they may be able to invest a bit. Expect some gains in both NSE and exchange rates. But don't quote me A bad day fishing is better than a good day at work
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Insurgent wrote:Safaricom demand today is at 306,480,031 while supply is at 9 million. There will be an earth shaking transaction before the end of the week. I saw the x12 demand on Tuesday and thought it was an error. After seeing the turnover on this counter yesterday, I confirmed it was not an error... KCB will also rally soon...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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A romour mezza is tired of a static bus and wants to call it a day,a senior manager hired from safcom dumped airtel..buy buy buy "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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It's trading cum dividend wait until it goes ex dividend...
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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the deal wrote:It's trading cum dividend wait until it goes ex dividend... When is the book closure for divdend payout? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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At least Aly-Khan can stop crying "oversold" for a week or so... Impunity-books close for dividend on 8th of September. Dividend will be paid in Dec! Its a buy at Ksh3 or less The Governor of Nyeri - 2017
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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Airtel is not making losses but a drop in profits. It seems they have decided to push into 3G in India. Africa is growing subscribers but not profits but they have stopped cutting prices even in India. Anyway, since I have ZERO shares in Airtel... I wonder how Safaricom will perform this year. I have no shares but I will go in at some point just not at 3.50 or higher... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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46M shares have changed hands as we speak! Reminds me of late Nov 2009 into early 2010 when these foreigners picked more than a billion shares sending the price from 3 bob to a high of 6.15! Could we see safcom hitits IPO pice before div book closure on 8th? Is there an opportunity to make a quick buck here? @SufficientlyP
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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Lakini Safcom announces Results in Oct 2011 so why the sudden interest? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/20/2007 Posts: 2,048 Location: Lagos, Nigeria
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Some fund managers such as Databank of Ghana see it as being under valued. At the current price of 3.65 cum 0.20 dividend a fair value from their analysis is 4.20 bob. So they buy huge volumes. There may be other interests though. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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young wrote:Some fund managers such as Databank of Ghana see it as being under valued. At the current price of 3.65 cum 0.20 dividend a fair value from their analysis is 4.20 bob. So they buy huge volumes.
There may be other interests though. Thank you. I use their data & M-Pesa but I find the share price pricey. Have you looked at Sonatel? Interesting especially since it is hedged since it is linked to the Euro. Also good profits. I love W.Africa & when I move out of Kenyan equities, that is where I am going! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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VituVingiSana wrote:Lakini Safcom announces Results in Oct 2011 so why the sudden interest? I have some thousands of chairs logged in on this compny. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Now MTN Kenya enters voice offering free calls within its network http://www.businessdaily...0/-/j38yy7z/-/index.htmlGOD BLESS YOUR LIFE
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Safaricom demand at 300 million
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