Put your money in safaricom and just forget for safaricom for 5 years


meshack

To buy Safcom big u r either interested in mobile telephony big time...or a grandiose speculator....both of which our QIIs aren't. 1% of safaricom holding is about 400million shares...a mere 1%will cost u at price of 7.... Sh 2.8billion! Si u buy out econet? That money..to be prudent is better elsewhere. Ok...suppose u want 1% of the tradeable Safcom stock?(10billion).. 100million shares.. At 7.... 700million.... Yaani u'v considered all options n opted to put up all that in safcom? Which institution?

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

'Ok...suppose u want 1% of the tradeable Safcom stock?(10billion).. 100million shares..'

No,my friend,all 40 billion of Safcom stock became tradeable with the listing. In the future,the rest of the 200 billion authorized shares will be introduced gradually through employee share options scheme,bonuses,rights,etc. I can bet you my 'hut' that some of the shares traded so far involve Mobitelea.

@jammo - there's nothing un-free about my thinking. You are the one in need of re-reading your post. It's obvious that at the time of writing,you implied that only 10 of 40 billion shares are tradable. No need to be too insecure,just admit that you tripped a little.

Hi Guys

Scom shares trading is less then 50m shares from last two days ? Do u guys think prices will move to north ?????????