The old switch-a-roo we used to call it
Will the Safcom 300 million demand ever return?
hisah, what's your target entry price for Safaricom. Is this a long term play for you? I ask as M-PESA not yet close to being as big as it can be and I've never known to you go long on anything

But at that price I bet you'll be spoilt for choice, not only KCB. But tamaa iliua fisi. At 15, one is likely to pose, KCB at 12-13... Before you know, the 'bus' has left

Well, the mkt is on a free fall. Let me have the liberty to bet against my darlings then buy them.

KCB @15-16 with my target of a div of 1.5-1.75/share will be more than great for me.

And who are this sellers who never get tired of selling?

if you look at the number of shares being sold, what these people call volumes, you will see that they are small and sometimes scanty. My guess would be some Akinyi, Nekesa, Kimunto, Cheptoo, ....... Wanjiku ameonewa sana.

Staff lay offs could free up at least 0.5cts (1.5B) in addition to Subsidiaries simply breaking even another 0.65cts (2B) in FY2011. KCB is just too much of a bargain.

Global stocks are falling again. Nse is expected to dip. It seems evr 1 is waiting 4bargaiins..thats not gud..

Btw those stocks that are below their 2009 surrender lows are the most bearish. When the recovery returns they will rally hard, but will not be good quality since they're regarded worse than in 2009 panic central.

@youcant - I forgot to mention that for mpesa stock it is long term, but that term is not fit for a trader strategy. I prefer using the term accumulation as the recovery builds up. Once the uptrend gets broken, I quit and move to something else. This is why I monitor the index to confirm whether the uptrend trendline is being supportive. If it breaks, I become defensive (sell those stocks that also breakdown). But this year the USDKES was the outlier. Never seen such a currency breakdown without a war or official devaluation by a CB.
And its across EA, which is fishy - more like a currency attack akin to one Soros moves or bond vigilantes that hunt for defaulting money instruments... Btw all should read & understand what chapter 467 of laws of kenya states under the IMF Act - stinks... If I'm ever in a position to alter laws, this would go straight to the dustbin. Yes, I dislike those bretton woods with their economical aid gimmicks & one day when the world if fully awake, they'll be shutdown.

The only issue with the trader strategy is when there is a bargain galore, the greed of getting any stock is difficult to deal with

i cannt agree anymore...