Wazua
»
Investor
»
Stocks
»
Safaricom HY2013 Profit before tax up 113%
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Sanity is back  Technicals were very stretched, RSI, Stochastics, Bollinger bands. A correction is now in order. VWAP to close @5.80/- but with that afternoon reversal large bids left @5.30 - 5.40 level are likely to be revisited. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Vodafone Africa Becomes Profit Machine - http://www.bloomberg.com...mes-profit-machine.html
Quote:The rising powerhouse is helping make up for Europe’s slowdown after Chief Executive Officer Vittorio Colao last year had to write down $9.5 billion on the value of Vodafone’s Spanish and Italian units.
Vodafone’s biggest African business, Johannesburg-based Vodacom Group Ltd. (VOD), surpassed the company’s U.K. unit in 2010 by profit, and it outpaced the Spanish division the following year. With earnings expanding at 50 percent annually in some countries, profit from Africa could overtake that from all of southern Europe in as little as three years, said Nick Read, the executive who heads the region.
M-Pesa, Vodafone’s mobile payment system, is used by 15 million people in Kenya and moves the equivalent of 31 percent of the country’s gross domestic product through its system, according to Safaricom Chief Executive Officer Bob Collymore.
M-Pesa is in eight countries and has begun offering savings accounts and other banking services in some markets. The system is more successful than traditional banks because it gives people an efficient way of sending small sums and doesn’t require a bank account, Collymore said.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
A dude buying safcom at 6bob expects to sell at how much? "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
obiero wrote:Just received a confirmation that my trade went through @4.55. Im happy to have sold this laggard stock. Having averaged down heavily I leave wit a very small loss and no hard feelings.. Kijana...I am damn sure you don like looking at the price now. Pole. "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
.
|
|
|
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
murchr wrote:obiero wrote:Just received a confirmation that my trade went through @4.55. Im happy to have sold this laggard stock. Having averaged down heavily I leave wit a very small loss and no hard feelings.. Kijana...I am damn sure you don like looking at the price now. Pole. uchokozi nayo  Receive with simplicity everything that happens to you.” ― Rashi
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
dunkang wrote:Mukiri wrote:A lesson in patience. 100k and counting @Mukiri, this patience was truly worth it. Am currently 473K net gain (at 5.90), and am just wondering, should i take that or wait for 500k (at 6.05)? How is Wanjiku behaving, or she hardened already? 473k  When I grow up, I want to be like you
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Noted' Morgan Stanley UK have been trading on Safaricom on a daily basis. HSBC also traded today
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
mwekez@ji wrote:Noted' Morgan Stanley UK have been trading on Safaricom on a daily basis. HSBC also traded today If u were checking this counter yesterday from around 2pm a 5.60 sell order was placed before the 1M @6/- ask. All over sudden all those 6 - 6.15 ask orders disappeared. Then bids at 5.80-5.90 got flashed out.
Reversal manipulation. I love the casino. It's the same everywhere.
Next waiting for EABL, BAT, KCB, ARM to top out then NSE should slide and trade sideways. These rallies are insane with P/E (PER) looking ridiculous. We don't need a reminder of the same as in back in 2006-2007 period with P/Es in some counters above 25 - 40s!? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
@dunkang - what say u we take this thing to 7/- since we're the mouthpiece since the 3/- lows. We can rope in @maka and @philanga too as we ratchet the market madness euphoria then we leave a lot of monkeys behind So devious this thought $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Africa eyes Mpesa model - http://www.theeastafrica.../-/wfmiwiz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
hisah wrote:Africa eyes Mpesa model
Safaricom's (and mpesa's) growth is severely limited by 2 factors. 1. Population of kenya. 20 million own phones. If this was China or India, potential customers would be half a billion. Thinks of the revenues and profits! 2. Vodafone's control. Vodafone "merely" owns 40%. On paper, Safaricom is a bonafide Kenyan company just like Roar, Member, NMG, JHL and many other private and unlisted public companies operating in EA and beyond. Safcom (and mpesa) have the potential to be global brands like Microsoft google. Will Vodafone allow it to expand out of Kenya and sell the Mpesa product as a trully multinational Company? I don't think so. They would rather licence the platform to other telcoms and enjoy the Royalties in London. Maybe GOK should exercise their muscle as one of the shareholders, the regulatory and legislative authority to compel Safcom to expand globally to maximise the wealth of the minority. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
hisah wrote:@dunkang - what say u we take this thing to 7/- since we're the mouthpiece since the 3/- lows. We can rope in @maka and @philanga too as we ratchet the market madness euphoria then we leave a lot of monkeys behind So devious this thought 6/- is A DEFINITE print today "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
.
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
murchr wrote:hisah wrote:@dunkang - what say u we take this thing to 7/- since we're the mouthpiece since the 3/- lows. We can rope in @maka and @philanga too as we ratchet the market madness euphoria then we leave a lot of monkeys behind So devious this thought 6/- is A DEFINITE print today Highly unlikely. With,the index at 4,500pts,they'l be some cautious moves either way. But should we get there,it'l be a "hallelujah moment" @SufficientlyP
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Mosdef: EcoCash Zimbabwe transferring nearly $100 million monthly to rural areas http://bulawayo24.com/in...companies-byo-24531.html
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Zim ain't playing. M-Shwari reloaded! ~> Econet, TN Bank deal gets SECZ nod http://www.herald.co.zw/...:business&Itemid=133
|
|
|
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
BusinessDailyAfrica wrote:
-Intel has partnered exclusively with Safaricom and will on Thursday avail a range of handsets dubbed Yolo, billed as the first smartphone with ‘Intel inside’ in Africa.
-The Yolo smartphone becomes Intel’s third
branded mobile phone.
-It will sport an Intel processor, 4.5-inch
touchscreen display, a front camera for video calling and a 5-megapixel camera. Receive with simplicity everything that happens to you.” ― Rashi
|
|
|
Rank: Elder Joined: 2/23/2009 Posts: 1,626
|
one word DATA! Uncertainty is certain.Let go
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
hisah wrote:@dunkang - what say u we take this thing to 7/- since we're the mouthpiece since the 3/- lows. We can rope in @maka and @philanga too as we ratchet the market madness euphoria then we leave a lot of monkeys behind So devious this thought ...post peacful elections and a smooth swearing in this counter will trot.Dont we all wish we had crystal balls... possunt quia posse videntur
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
Safari currently feeling the January heat Now trading at 5.35  @SufficientlyP
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Sufficiently Philanga....thropic wrote:Safari currently feeling the January heat Now trading at 5.35 The reversal has been slower than my expectation. VWAP hasn't tested 5.30. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Wazua
»
Investor
»
Stocks
»
Safaricom HY2013 Profit before tax up 113%
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|