This counter has too many haters People down on their knees day and night!

The next 2 to 3 days will be crucial. Thing is, somebody somewhere knows something. I wouldn't be surprised if there is a fall in price but an increase in purchases.

Facts
- MTR slashed by 34% - no more price wars to come as confirmed by the rest. Yu mobile considering call rates hike.
- Mpesa tariffs hiked.
- Roaming tariffs to be hiked soon.
- Safaricom to fully control mpesa in 18 - 24 months time.
- Special trade agreement between KE & Ethiopia signed last week - banks not part of the deal. EABL & Safcom immediately see shares demand.
- Mpesa to offer microfinance lending finally - mpesa bank - a candy stick this, one year later it will be clear.
- Treasury thinking of introducing mobile money excise duty.
- The share price has plunged hard on two occassions - Sept 2008 & Aug 2010 - both were announcements of shocking call rate cuts by the competition - price wars.

After checking all the facts my biggest concern is mobile money duty. That will negatively impact mpesa momentum as well as the other telcos mobile money i.e. the entire mobile money field, which the banks are now part of...

My price range still remains 4.50 - 5.20 till March 2013 unless that duty is effected.

haha. that is a possibility. i find it strange that people are salivating over Ethiopia while Safaricom has to incur massive greenfield operational costs were it to consider entering that market

Panic button has gone off!

u were right. Very very right. This happens every monday morning, guys looking for entry point

Historical happenings, changes and introduction of new services/rules to curtail safcom have never worked, safccom has always emerged the winner....

We have argued here before about sustainability and economic sense to the companies, govt and rollout of investment on new technologies due price wars, today losers or rather loosing companies have accepted that Kenya is not India and are looking forward to increase their prices.

MTR is a breather for them not to shutdown their operations as they threatened but it is not their solution, Safcom will still win this one, (un)fortunately they have nothing else to throw at safcom. They now have to prove themselves, the field is level.

M-Shwari another revolutionary product or is it a replacement of M-Kesho http://www.businessdaily...0/-/kkxxo2z/-/index.html

VWAP @5/- Large volume day with 76M shares traded with a turnover of 383M. Foreign trade turnover ended net buy (374M vs 321M). This week will confirm if accumulation trade or distribution trade will win. If a win 5/- handle will be defended.

Safaricom is officially back on safari
Trading at 5.05!