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What is the future of Safaricom Share ?
MAREXX
#21 Posted : Monday, July 07, 2008 7:45:00 AM
Rank: Member

Joined: 4/13/2008
Posts: 24
what a quote....guy.....quite relevant bana

JESUS DOES NOT INVEST,HE SAVES.FOLLOW CHRIST!
uwanja
#22 Posted : Monday, July 07, 2008 8:40:00 AM
Rank: Member

Joined: 4/30/2008
Posts: 11
the demand supply Numbers seem to have turned llooks like speculators have hit panic mode ...hope it reaches 6.50 so that we can buy...

Be careful to leave your sons well instructed rather than rich,for the hopes of the instructed are better than the wealth of the ignorant.'
• Epictetus (AD 55?-135?)
ecstacy
#23 Posted : Monday, July 07, 2008 8:54:00 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
Bank loan investors in some panic selling. Foreigners taking strong positions at Ksh. 7.10-20/=. Seems it's a time to buy SCOM.

you snooze you lose,you lose you booze
jammo
#24 Posted : Monday, July 07, 2008 8:58:00 AM
Rank: Member

Joined: 2/12/2008
Posts: 345
Speculators ni wakina nani? The ones i kno cash in capital gains... Not losses.

'..and it came to pass..' so did we!
This market will probably outlive us. Wacha pupa!!u can't have it all.
Mainat
#25 Posted : Monday, July 07, 2008 9:11:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Don't investors ever learn? Of all the recent IPOs,only Everready (which was/is turkey) has fallen below listing price. The others remain at double or better and are well supported by fundamentals. Number of shares shouldn't come into it...

Still,I'm happy for the opportunity to buy Safcom below Ksh7.


www.mjengakenya.blogspot.com
Sehemu ndio nyumba
The General
#26 Posted : Monday, July 07, 2008 11:12:00 AM
Rank: Member

Joined: 6/3/2006
Posts: 553

@mainat

Does scom fundamentals really warrant it to be trading at these prices?

The thicker the thigh the sweeter the pie.
The thicker the thigh the sweeter the pie.
Mainat
#27 Posted : Monday, July 07, 2008 11:41:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
At Friday's close,P/E was 20.29,sligthly less than EABL its main competitor; and far less than AK,its other competitor. KenGen also has a higher P/E (yes I know they are in different sectors)...


www.mjengakenya.blogspot.com
Sehemu ndio nyumba
Sigiriri
#28 Posted : Monday, July 07, 2008 2:10:00 PM
Rank: Member

Joined: 6/26/2008
Posts: 319
Settled at 7.05 on a day when the market generally makes slight gain,could we almost reaching the true value of this counter?

Noting demand is lower now and supply on the opposite end,isn't it about time pple stopped fantasizing about this thing rising sharply? On the opposite end,those waiting to buy in with longer term goals,is this a fair entry point?

Ponder and ACT!


Bidii yangu
PONDI
#29 Posted : Tuesday, July 08, 2008 5:35:00 AM
Rank: Veteran

Joined: 5/8/2007
Posts: 885
today am placing a buy order at below 7....and will not sell any time soon...think its aproaching its true share value...my 2 cents
kamaumash
#30 Posted : Tuesday, July 08, 2008 6:27:00 AM
Rank: Member

Joined: 7/7/2008
Posts: 49
hi guys

The


invest slowly on a monthly basis dont wait till ati u get millions
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