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Safaricom HY2013 Profit before tax up 113%
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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hisah wrote: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. Yap,VWAP still at 5.60 with 5mins to end of trading. Only a few trades,3 or so were at 5.35. Supply has been heavy this week. @SufficientlyP
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Rank: Elder Joined: 2/23/2009 Posts: 1,626
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Sustained Revenue GenerationUncertainty is certain.Let go
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Safaricom seen raising dividend pay out - http://www.businessdaily.../-/duwbynz/-/index.html Kestrel states the above is expected in 2014 and also mentions a short term price dip... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Turnover @118M with 21.7M shares traded with VWAP currently @5.45/- After days of oversize supply, demand vs supply is equalizing today. 5.30 - 5.40 seems to be the range floor of the correction. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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hisah wrote:Turnover @118M with 21.7M shares traded with VWAP currently @5.45/-
After days of oversize supply, demand vs supply is equalizing today. 5.30 - 5.40 seems to be the range floor of the correction. I thought you got out of this mbus?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sufficiently Philanga....thropic wrote:hisah wrote: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. Yap,VWAP still at 5.60 with 5mins to end of trading. Only a few trades,3 or so were at 5.35. Supply has been heavy this week. VWAP will likely close @5.30 today. Soon orders @5.05 should be tested. Healthy correction I like
$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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Waiting out at Ground zero @SufficientlyP
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Off for now...will be back later "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: Elder Joined: 12/7/2012 Posts: 11,908
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@hisah, what are the technicals showing? any chance of free fall coz sold at 5.6bob wont mind getting back at sub 4.5bob for after elections speculation. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: User Joined: 6/18/2009 Posts: 271
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oh . this is so unexpected. Oh. bulls have the line at 5.00 bob . a break of that is mambo biaadddd!
i love how some stocks are really holding their dec-jan rally gains. this safcom is just full of cowards . lol
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mukiri wrote:hisah wrote:Turnover @118M with 21.7M shares traded with VWAP currently @5.45/-
After days of oversize supply, demand vs supply is equalizing today. 5.30 - 5.40 seems to be the range floor of the correction. I thought you got out of this mbus? 50% out once 5.80 got rushed into plus a fat div pay. My holdings avg price is 3.20.
@Angelica - overbought tech readings have reset. @5 - 5.15 techs will be oversold and 2013 gains will nil @5.05. Breaking below 5 will mean bulls are running out of steam as 2013 turn negative for the counter. If it happens 4.80 then 4.40. Below there, it burns...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And here comes MS reco - www.businessdailyafrica....8/-/4myrs9z/-/index.htmlMS new target raised to 6.50/- During the IPO hype, Satchu had his eyes on 6.50 as the support line when the price dipped from 7.90/- Those were maniac days until GFC went boom... Always creapy reading this thread - www.wazua.co.ke/forum.aspx?g=posts&t=2240$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Yu cuts call tariffs as they reverse the recent hike fearing subscriber backlash - http://www.businessdaily.../-/wd1idbz/-/index.html Seems the CCK switch off of unregistered lines must have smashed Yu subscriber base hardest. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Quote:As such, other equity counters tend to view any appreciation of its share price positively, as happened last week, when the share shot past Sh5, sparking recoveries in other key stocks. The NSE is expected to recover significantly this year, buoyed by the influx foreign investors, a fall in interest rates, and optimism about an economic upturn. Substandard wrote the above back in Jan 17 2010. MS back then on Jan 13 rated mpesa bank 'overweight' within a range of 4.80 - 6.40. Learning the history through the future! This is how news scanners work; future is history rewriting! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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VWAP @5.30 holding up as per expectation as price bounced today with demand slightly more than supply. Taking a breather at this pit-stop until the next up move. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Econet is setting up a payment system for shares on the Zimbabwe Stock Exchange using its EcoCash service. The system is designed to make it possible for small investors to buy and sell shares using EcoCash. http://www.bulls.co.zw/article.php?id=5798
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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M-Shwari deposits clock KES 2.8 billion ($32 million) http://www.nation.co.ke/...2/-/k0331f/-/index.html It's turning out to be more of a savings product since lending ratio is roughly 10%. But that deposit growth is rapid! CBA balance sheet has bulged and H1 2013 will be interesting to spot this fact. But as a bank the need that lending ratio to spike to make money on those deposits. At some point that lending rate will be slashed to entice the saver. Will it work trying to entice a solid saver into a debtor? And if they slash the savings rate to accomodate a lending cut, will the savers stay put? That's one uphill lending task... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:M-Shwari deposits clock KES 2.8 billion ($32 million) http://www.nation.co.ke/...2/-/k0331f/-/index.html It's turning out to be more of a savings product since lending ratio is roughly 10%. But that deposit growth is rapid! CBA balance sheet has bulged and H1 2013 will be interesting to spot this fact. But as a bank the need that lending ratio to spike to make money on those deposits. At some point that lending rate will be slashed to entice the saver. Will it work trying to entice a solid saver into a debtor? And if they slash the savings rate to accomodate a lending cut, will the savers stay put? That's one uphill lending task... Quoting Bob Collymore, "Trends show that it has become more of a savings service than a lending service. This is what we intended since the beginning" That begs the question, is the Mshwari money for investment in T-Bills/Bonds or is CBA to use it to lend in mainstream banking coz clearly lending on Mshwari is not the target. …. Safari/CBA have not told us how they intend to make money from the highly growing Mshwari deposits
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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All/most of this money will be withdrawn by the owner at one time or the other at 27.5/- or 33/- or more, benefiting GoK and M-Pesa. Can SCOM use this money to finance their activities? This can help reduce the financing cost in the books. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Econet is setting up a payment system for shares on the Zimbabwe Stock Exchange using its EcoCash service. The system is designed to make it possible for small investors to buy and sell shares using EcoCash. http://www.bulls.co.zw/article.php?id=5798
Yes sir. Hail Indigenisation, hail Strive Masiyiwa. If you think of a Kenya devoid of sons of the soil like James Mwangi et al then you see the value of locals of the terrain in mainstream economics.
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