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Safaricom the Sh2.30 Stock
Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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dunkang wrote:Quote:Faster data is Safaricom's reply to Airtel Mobile service provider Safaricom will double its broadband capacity next week opening a new battlefront in the data market. The move comes a month after its main rival Airtel launched a 3G network. "The network will run at 42mega bits per second (mbps) from the current 21mbs and it will be the fastest network in the whole of East and Central Africa," Safaricom CEO Bob Collymore said during the Connected Kenya Summit 2012 in Mombasa. The firm has been under pressure to diversify its revenue streams away from voice following last year's price wars. But its quest to control the data market has in the recent past witnessed increasing competition especially from Telkom Orange and Airtel. Airtel rolled out its 3G network in February putting it at par with Safaricom. But the latter's move to double its capacity is seen as creating a niche in the market. WHERE ARE YOU NOW HATERS! IF I WERE AN AccessKenya Shareholders, i would be more concerned! Next week he said? Lately making calls thru' VoIP has been nightmarish, i hope he will be true to the word.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Just like last week, mpesa bank volumes are building up... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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hisah wrote:Just like last week, mpesa bank volumes are building up... Next Stop 3.60/- before Thursday 10th May 2012 Annual Results Announcements. Then a mini-rally will follow for 2 weeks, then slow down at 3.75/-! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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dunkang wrote:hisah wrote:Just like last week, mpesa bank volumes are building up... Next Stop 3.60/- before Thursday 10th May 2012 Annual Results Announcements. Then a mini-rally will follow for 2 weeks, then slow down at 3.75/-! 3.30 - 3.40 is a strong barrier for now. If this gives in, then 3.50 - 3.60 can pop up. Financial results for Vodafone group are usually 3rd week of May so Mpesa bank can only announce then and after the group has announced.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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hisah wrote:3.30 - 3.40 is a strong barrier for now. If this gives in, then 3.50 - 3.60 can pop up. Financial results for Vodafone group are usually 3rd week of May so Mpesa bank can only announce then and after the group has announced. NOPE, Results will be released in the second week of May 2012, just as last year! and the exact date is 10th May 2012! LINK NDIO HII! http://www.safaricom.co.ke/index.php?id=466
Last year was on 18th May 2011, remember? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@dunkang - I didn't know those details were online  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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dunkang wrote:hisah wrote:3.30 - 3.40 is a strong barrier for now. If this gives in, then 3.50 - 3.60 can pop up. Financial results for Vodafone group are usually 3rd week of May so Mpesa bank can only announce then and after the group has announced. NOPE, Results will be released in the second week of May 2012, just as last year! and the exact date is 10th May 2012! LINK NDIO HII! http://www.safaricom.co.ke/index.php?id=466
Last year was on 18th May 2011, remember? Eh, this elephant wants to break 3.40. In process it might pull the index above 3500. That will be quite something.
 $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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hisah wrote: Eh, this elephant wants to break 3.40. In process it might pull the index above 3500. That will be quite something. I just observed the stock today and was worried whats the news? Habari ndio hiyo! http://www.cck.go.ke/res...CS_REPORT_Q2_2011-12.pdf Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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Aguytrying wrote:This new visa service will be direct competition to western union, moneygram. As its for sending money across borders, mpesa is largely a kenyan affair so unless its also tailored to be convinient like mpesa and actually outdo mpesa then there wont be much effect. I also doubt their ability to innovate beyond mpesa and to win those customers on their side, given the massive headstart and successs that mpesa has acquired. more than 25% of diaspora remittances come through mpes. Kenyans abroad use it to deposit monies loved ones or bank accounts. Its been since 09 a cousin who invests heavily used moneygram or western union, babawatoto.com, poapay et al have a big chunk of this.. Foresight..
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