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