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Safaricom HY2013 Profit before tax up 113%
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Btw this M-shwari story is very interesting - http://www.safaricom.co....loads/m-shwari_info.pdf I expect the Faulu case to be thrown out very soon. The amount of deposits amassed in a month by this mpesa bank product is shocking to say the least. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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guru267 wrote:Mukiri wrote:With the demand, why is the price stuck at 5.05? Xmass season? @Mukiri this stock has rallied from 2.80bob back to its IPO price in 2012... Time for it to take a breather! Unless the market P/E goes up i don't see safcon rallying beyond here.. (market P/E likely to go up if elections go smoothly) ...you said 5.05...we are a t 5.45. possunt quia posse videntur
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Rank: Member Joined: 10/26/2012 Posts: 136
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maka wrote:guru267 wrote:Mukiri wrote:With the demand, why is the price stuck at 5.05? Xmass season? @Mukiri this stock has rallied from 2.80bob back to its IPO price in 2012... Time for it to take a breather! Unless the market P/E goes up i don't see safcon rallying beyond here.. (market P/E likely to go up if elections go smoothly) ...you said 5.05...we are a t 5.45. I tried to buy a silly 1000 shares today but at close of business my broker informed me that there was 1. 24 mn demand 1 mn supply at 5.4 shillings ... I see 6 soon ...
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mazingira wrote:maka wrote:guru267 wrote:Mukiri wrote:With the demand, why is the price stuck at 5.05? Xmass season? @Mukiri this stock has rallied from 2.80bob back to its IPO price in 2012... Time for it to take a breather! Unless the market P/E goes up i don't see safcon rallying beyond here.. (market P/E likely to go up if elections go smoothly) ...you said 5.05...we are a t 5.45. I tried to buy a silly 1000 shares today but at close of business my broker informed me that there was 1. 24 mn demand 1 mn supply at 5.4 shillings ... I see 6 soon ... This counter is overextended at these levels above 5/-. If it prints 6/- take profits. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Check this @technomagzw ~> Kenya Youth drive M-Shwari deals past Sh1bn mark in 1 month http://www.nation.co.ke/.../-/15kkj7kz/-/index.html
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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hisah wrote:Frankly I never expected Mpesa bank to hit above 5/- in 2012. Today it hit a high of 5.45 with mean supply. This counter may stretch up to 5.80/- at which level I'll cash out 50% and pack that cash for another opportunity. Above 5/- this counter is overextended and I don't see the support for it unless PBT can print above 22B come May 2013 with a div hike to 25cts. If this is achieved, the 6/- handle will be vaulted. Ya, early last i had stated that safcom will be dancing between 5-6/- by year end, and i was told am too ambitious. This Mr. Market never behaves. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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hisah wrote:Frankly I never expected Mpesa bank to hit above 5/- in 2012. Today it hit a high of 5.45 with mean supply. This counter may stretch up to 5.80/- at which level I'll cash out 50% and pack that cash for another opportunity. Above 5/- this counter is overextended and I don't see the support for it unless PBT can print above 22B come May 2013 with a div hike to 25cts. If this is achieved, the 6/- handle will be vaulted.  You need atleast a laptop and modem, when you take a break. If my dealer hasn't effected my sale order @5.40, I'll revise it to 5.80 tomorrow.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Mukiri wrote:hisah wrote:Frankly I never expected Mpesa bank to hit above 5/- in 2012. Today it hit a high of 5.45 with mean supply. This counter may stretch up to 5.80/- at which level I'll cash out 50% and pack that cash for another opportunity. Above 5/- this counter is overextended and I don't see the support for it unless PBT can print above 22B come May 2013 with a div hike to 25cts. If this is achieved, the 6/- handle will be vaulted.
You need atleast a laptop and modem, when you take a break. If my dealer hasn't effected my sale order @5.40, I'll revise it to 5.80 tomorrow. At what price will you sell if you buy at KES5.80? Buy Coop Bank, CFC Insurance or KenGen tomorrow instead of SCOM.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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the deal wrote:Mukiri wrote:hisah wrote:Frankly I never expected Mpesa bank to hit above 5/- in 2012. Today it hit a high of 5.45 with mean supply. This counter may stretch up to 5.80/- at which level I'll cash out 50% and pack that cash for another opportunity. Above 5/- this counter is overextended and I don't see the support for it unless PBT can print above 22B come May 2013 with a div hike to 25cts. If this is achieved, the 6/- handle will be vaulted.
You need atleast a laptop and modem, when you take a break. If my dealer hasn't effected my sale order @5.40, I'll revise it to 5.80 tomorrow. At what price will you sell if you buy at KES5.80? Buy Coop Bank, CFC Insurance or KenGen tomorrow instead of SCOM. @the deal...if his research tells him there is good value for Safcom at 5.40 or even 5.80 let him go ahead and buy.Sometimes the school of hard knocks offers the best learning experience.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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the deal wrote:Mukiri wrote:hisah wrote:Frankly I never expected Mpesa bank to hit above 5/- in 2012. Today it hit a high of 5.45 with mean supply. This counter may stretch up to 5.80/- at which level I'll cash out 50% and pack that cash for another opportunity. Above 5/- this counter is overextended and I don't see the support for it unless PBT can print above 22B come May 2013 with a div hike to 25cts. If this is achieved, the 6/- handle will be vaulted.
You need atleast a laptop and modem, when you take a break. If my dealer hasn't effected my sale order @5.40, I'll revise it to 5.80 tomorrow. At what price will you sell if you buy at KES5.80? Buy Coop Bank, CFC Insurance or KenGen tomorrow instead of SCOM. You have not had dinner, I can tell. Sale order and Buy order will never be the same. With all this noise about Kengen, I might just add more shares. @deal, are the 3 shares your portfolio? Please share
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Transactions on the latest mobile banking innovation, M-Shwari, crossed the Sh1 billion mark at the close of last year in an overwhelming uptake that could force local banks back to the drawing board. http://www.nation.co.ke/.../-/15kkj7kz/-/index.html"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Bill Gates talks about the cellphone revolution age in Africa as well as compares Mpesa to the Windows phenomenon - http://www.livemint.com/...-optimists-timeline.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Demand at 5.50 with only 5,500 shares on offer at 5.55, and stock still on safari  Powered by liquidity! @SufficientlyP
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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5.75/- sold. 6 bob coming? Anything from Morgan Stanley or Citi? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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Fireworks on this counter,30Million on the bid side 5k supply...2.32pm
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Just wondering whether im dreaming Is that safaricom.on safari? @SufficientlyP
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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5.85/- scratched. 6 bob by week end? IKO NINI WANGWANA? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Some 5.85 taken "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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The Green Monster! At this rate we need a catchphrase ala #LOAR #KEKE GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:The Green Monster! At this rate we need a catchphrase ala #LOAR #KEKE
Money has been poured! Taking away the shine! Loar! eeeh! Loar! aaah! *crickets* Nkt!
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Safaricom HY2013 Profit before tax up 113%
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