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Safaricom HY2013 Profit before tax up 113%
hisah
#331 Posted : Friday, March 01, 2013 1:59:18 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
kaifastus wrote:
ChessMaster wrote:
hisah wrote:
Quietly the price creeps back to 5.80/- one 1st trading day of March 2013 with 72hrs remaining before the polls. Looming breakout on this compressing triangle with resistance @5.80. Potential direction favours upside than downside from the coiled up pattern. If all goes well with the polls I think we could see 6/- broken all the way to 6.30 - 6.40 levels!?


I have a feeling it might reach 7 this year.



I still feel safcom is expensive at current price...to justify its price, the giant needs several more seasons of sustained growth.

Just like EABL & ARM. But foreigners keep buying...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
ChessMaster
#332 Posted : Friday, March 01, 2013 2:15:42 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
hisah wrote:
kaifastus wrote:
ChessMaster wrote:
hisah wrote:
Quietly the price creeps back to 5.80/- one 1st trading day of March 2013 with 72hrs remaining before the polls. Looming breakout on this compressing triangle with resistance @5.80. Potential direction favours upside than downside from the coiled up pattern. If all goes well with the polls I think we could see 6/- broken all the way to 6.30 - 6.40 levels!?


I have a feeling it might reach 7 this year.



I still feel safcom is expensive at current price...to justify its price, the giant needs several more seasons of sustained growth.

Just like EABL & ARM. But foreigners keep buying...


I'd say foreigners see safaricom's potential to tap into financial transactions and data,both good areas for growth and profits. For those in Kenya and on safaricom,I'm sure you've received smses about watching videos of various sorts.This is something people are interested in because Kenyans are very social.Our relationship with the internet is just beginning and its effects are yet to spread.They should also focus on promoting mms.

What I think they are trying to do as a major player in telecommunications is to establish a base for internet growth and e/m-commerce which will serve them well in terms of again data and m-pesa transactions.
Uncertainty is certain.Let go
hisah
#333 Posted : Tuesday, March 05, 2013 3:36:34 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
This thing is coiling up for an upthrust soon... 6 weeks and counting.


This elephant has broken out of the rising wedge resistance @5.80. VWAP closes @5.95 with an intraday high of 6/-

Getting ready to bolt!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#334 Posted : Tuesday, March 05, 2013 5:02:25 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Go baby gosmile

makingmoney2013
@SufficientlyP
hisah
#335 Posted : Thursday, March 07, 2013 3:51:28 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
A close above 6 and this elephant flies! I have no idea why the price is this lofty considering its fundies, but mr market wants it there. Unless the PBT comes in at 20B plus with a div hike, at this level it is quite pricey.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#336 Posted : Thursday, March 07, 2013 5:00:33 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
I still believe Scom has a bright future. Mobile telecon is the in-thing here & data is the next voice!!!
@SufficientlyP
hisah
#337 Posted : Tuesday, March 12, 2013 5:50:30 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
A close above 6 and this elephant flies! I have no idea why the price is this lofty considering its fundies, but mr market wants it there. Unless the PBT comes in at 20B plus with a div hike, at this level it is quite pricey.

I can see wanjikus have been selling their powder - http://www.businessdaily.../-/kk3m9kz/-/index.html

StratLink has a TP of 6.95 while MS has 6.45. All project to div hikes all through 2015. 2013 PAT est comes in at 17B - 18B. If achieved EPS will be above 40cts! That's 25% plus EPS growth. I'm eager to see the fiscal report for a better picture.

Tech readings suggest having broken 5.80 and vaulting past 6 solid resistane layers, this elephant is saying 6 plus is the new range!


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
ChessMaster
#338 Posted : Tuesday, March 12, 2013 6:10:24 AM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
Politics aside,I believe Scom is the key to seducing the masses and fueling the rally.If I was a foreigner,my target would be setting up this share while accumulating the others for a dump.
Uncertainty is certain.Let go
hisah
#339 Posted : Wednesday, April 03, 2013 5:28:30 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Yesterday Vodafone stock was on fire in London session and rallied 6% as rumours of a merger did rounds.

Those rumours have now been quashed - http://www.bloomberg.com...-mulling-joint-bid.html

One hard landing for that Voda stock today in London session.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Muheani
#340 Posted : Wednesday, April 10, 2013 1:31:09 PM
Rank: Veteran

Joined: 11/20/2009
Posts: 1,402
Are we possibly going to see 7/= soon?
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