What is the future of safaricom share ?

20 bob by year end

40-60% returns week 1. Why is 75%+ of the entire NSE market chasing this counter in its debut week? How long does it take any serious competition to rattle this counter?..

There is no path to peace. Peace is the path.

Prices will continue going up this week until all the refund cash is used and then from next week come down a bit. Long term investors should keep their shares whereas speculators should think of selling this week ikiisha!!

Make money.....then you will enjoy all the fine things in life!!!

For the CFO to go or not to go is not necessarily of impact to Safcom..nor its share price..he's incharge of investor relations..plus its retirement..not quitin out of discontent! The future of this share is such that it is under so much scrutiny n too much analysis that it is becomin paralysed!...plus guys are missin out on other 'buses' coz of just focussin on Safcom. Most buyin is not speculative..meanin more and more are buyin to hold thus gradually reducin supply..with time it will pick up but the process is marginal..up a few cents over time but consistently. I'm convinced 9-10 at time co-op bank comes. Just ignor it for now n consider takin positions in Access,CMC,cfc,equity,Mumias,n for income lovers..total k.

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

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 ?????????