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What is the future of Safaricom Share ?
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KulaRaha
#61 Posted : Friday, July 18, 2008 1:32:00 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Guys,the share price is only reflecting the fundamentals of the business,I think Safcom is in trouble and their numbers will surely reflect this.

I sold,reluctantly,it was my dream share to become rich,but alas,dreams die first!




Business opportunities are like buses,there's always another one coming
Business opportunities are like buses,there's always another one coming
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lenny
#62 Posted : Friday, July 18, 2008 1:54:00 PM
Rank: Member

Joined: 10/27/2006
Posts: 2
i recently reach my target of 200,000 shares of safcom average price so far is 7 shs i intend to sell at either 30 shs or on 1 st Feb 2011 to buy a house then,what do u think .... this is my dream shares
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ecstacy
#63 Posted : Friday, July 18, 2008 2:38:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
My stop loss for SCOM was Ksh. 6.30/=. I saw good profit margins gradually disappear as foreigners rained shares on the market to the gory levels we've seen and locals engage in some serious panic selling. I've sold off at a give-away Ksh. 6.85/= noting the continuous disparity in sell and buy volumes and ease at which sellers alter sale prices. I will speculate elsewhere and re-enter when I believe sellers are most desperate. It's possible I will be able to buy more shares at a lower price.

you snooze you lose,you lose you booze
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Pablo
#64 Posted : Friday, July 18, 2008 2:43:00 PM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi
@the General

The real test is not Micheal leaving safcom. Its Les Bailey. This is the guy whose held the back office engines and processes of safcom. MJ holds the front.

If Les is out,you shareholders are in funk.

Just think why would you leave a 5M salo,cause umeshiba na ati unataka kurelax?


Be fearful when everyone is greedy,be greedy when evereone is fearful
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Nairobian
#65 Posted : Tuesday, July 22, 2008 11:56:00 AM
Rank: Member

Joined: 9/27/2007
Posts: 4
How many of us are still buying safaricom ... where are those people you were saying safaricom will reach 2bob... is it possible or should i buy at current rate

Well this week seems to be good for Safaricom 30 cents up in 2 days..


Happy Investing
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Seles83
#66 Posted : Tuesday, July 22, 2008 1:28:00 PM
Rank: Member

Joined: 11/9/2007
Posts: 288
Location: OZ
it will all come to pass.........................................

Failure inspires winners...winners are made not born
More monies, more problems...
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Pablo
#67 Posted : Tuesday, July 22, 2008 2:14:00 PM
Rank: Member

Joined: 3/17/2008
Posts: 567
Location: Nairobi


Surely save us from these 'Safaricom' posts. Too much has been discussed. If you want to buy - buy,if you want to sell - Sell. If you want advise look at the past discussions they are more than 100 - Just click more discussions.

Noticed the new safaricom posts are created by pple who joined today or yesterday??




Be fearful when everyone is greedy,be greedy when evereone is fearful
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virji1988
#68 Posted : Tuesday, July 22, 2008 2:40:00 PM
Rank: Member

Joined: 12/7/2006
Posts: 48
hey lenny,,why particularly 1st feb 2011...??
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lenny
#69 Posted : Tuesday, July 22, 2008 4:31:00 PM
Rank: Member

Joined: 10/27/2006
Posts: 2
am retiring from fomal employment then
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KulaRaha
#70 Posted : Wednesday, July 23, 2008 5:47:00 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
The time value of money is based on the premise that an investor prefers to receive a payment of a fixed amount of money today,rather than an equal amount in the future,all else being equal. In particular,if one received the payment today,one can then earn interest on the money until that specified future date.

So,if you can make 1.50 today ( a 30% return),take profit and run...go to KCB rights,Equity,instead of waiting for Safcom to hit 8/= a year from now.


Business opportunities are like buses,there's always another one coming
Business opportunities are like buses,there's always another one coming
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