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Safaricom HY2013 Profit before tax up 113%
Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Waiting to see if there will be an article or something that calls out the masses.
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Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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symbols wrote:Waiting to see if there will be an article or something that calls out the masses. For the Great slaughter hopefully this week. The turnover will shake this market  @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Even wajikus are getting in at this un sustainable levels. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Sufficiently Philanga....thropic wrote:symbols wrote:Waiting to see if there will be an article or something that calls out the masses. For the Great slaughter hopefully this week. The turnover will shake this market I am already imagining what brokers will tell people after they sell their scom shares.How shares are doubling in months,there are many opportunities they shouldn't withdraw their money,in fact bring more.  Epic.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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mlennyma wrote:Even wajikus are getting in at this un sustainable levels. Had i been in this counter i would collide head on with those buying,reaching for the exit door...@ 6.95 really?
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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cnn wrote:mlennyma wrote:Even wajikus are getting in at this un sustainable levels. Had i been in this counter i would collide head on with those buying,reaching for the exit door...@ 6.95 really? I still don't understand what is sustaining the rally at such a high PE of 21.71875 total demand 25,158,700 total supply 9,065,200
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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At this point I'm just wondering when will the slaughter happen... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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hisah wrote:At this point I'm just wondering when will the slaughter happen... I wish I knew.What I want to see is how scom advances and how the other counters react.If the slaughter is in play,I believe it is time based because for me the market reacted to something last week which I don't know yet.The movement in scom in two days is interesting although it could be the results.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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symbols wrote:hisah wrote:At this point I'm just wondering when will the slaughter happen... I wish I knew.What I want to see is how scom advances and how the other counters react.If the slaughter is in play,I believe it is time based because for me the market reacted to something last week which I don't know yet.The movement in scom in two days is interesting although it could be the results. It's results and international brokers are at it giving targets coz of the good results they expect. I never like buying during such periods, the market is made and chances of getting trapped i.e. selling early or selling late are very high... $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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BD wrote:Analysts at Morgan Stanley Research and Renaissance Capital (Rencap) recently revised the price target of the Safaricom share to between Sh6.40 and Sh7 as key market risks for the mobile services company ease and on expectations of better financial performance over the medium term. Market making for the exit... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Safaricom HY2013 Profit before tax up 113%
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