imagine the thousands of kenyans who cannot wait to recover their money invested during the IPO...

...so u can imagine the volumes unlocking every time it goes past 5.

It would be interesting to see if the foreigners aka "The London boys" will remain in the vuy side in the remaining 3months to elections.
If they do, and the political climate remains stable,then 5 might be our new base. Also hoping the Mshwari isnt another Mkesho!

That remains a target for now!

I am a strong believer in safcom fundamentals but i dont believe that this stock can rise above 6/- and stay there. This am convinced becoz of the HUGE number of shareholders (Note: not shares but shareholders) most with less than 20,000 shares. This investors take profits after every 20cts price rise and panic sell to any news or rumour without research on effects of the news item (enriching brokers than themselves in the long run).

(Be informed: Safcom is 48pc of my portfolio and my average buy price is 3.162/-.)

I own only 6000 shares of which i 2000 at 2.80. I don't panic sell though if Safcom exists 10 yrs from now and is worth my average price or a shilling more I'll still hold on ...let inflation do its job and all shares will add face value, even if not real value