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Financials Q3 reporting calendar
streetwise
#1 Posted : Thursday, October 24, 2013 4:18:55 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Financials Q3 reporting calendar; any idea when they reported last year
mwekez@ji
#2 Posted : Thursday, October 24, 2013 4:37:24 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Safaricom Half Year Results announcement - Tuesday 5th November 2013

http://www.safaricom.co.ke/abou...hboard/investor-calendar
mlennyma
#3 Posted : Thursday, October 24, 2013 5:42:18 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Say what you may but safcom is a smart well organized company and will finally triumph.
"Don't let the fear of losing be greater than the excitement of winning."
mwekez@ji
#4 Posted : Thursday, October 24, 2013 5:46:25 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#5 Posted : Thursday, October 24, 2013 6:24:13 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
@streetwise

Having the following calendar

KCB; 25th October
HFCK; 30th October
DTB; 5th November
Equity; 6th November
Stanchart; 15th November
Coop; 15th November
NBK; 20th November
NIC; 22nd November
BBK; 23rd November
CFC; ?
I&M; ?
hisah
#6 Posted : Thursday, October 24, 2013 6:26:37 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977

30% is quite high for this elephant and will surprise the market. If this is maintained full year the EPS will clock 57cts. If the current P/E (20.5) is maintained, that pushes the price to 11.65/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
muganda
#7 Posted : Thursday, October 24, 2013 7:09:16 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Actually @hisah SBG Securities/Stanbic estimates Safaricom 1H14 EPS up +63% y/y or +2% h/h, driven by 17% y/y revenue growth to KSh68bn with an EBITDA margin of 40%.

Note however they are of the view rating is unjustified as even a P/E of 16.2 is a 25% premium over peer group - MTN, Vodacom etc. Hence their recommnedation - SELL - target price 8.00 DCF

The direction of the share on announcement will depend, as always, on dear foreigners.

xxxxx
#8 Posted : Thursday, October 24, 2013 7:59:05 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
mwekez@ji wrote:
@streetwise

Having the following calendar

KCB; 25th October
HFCK; 30th October
DTB; 5th November
Equity; 6th November
Stanchart; 15th November
Coop; 15th November
NBK; 20th November
NIC; 22nd November
BBK; 23rd November
CFC; 22nd November
I&M; ?

the deal
#9 Posted : Thursday, October 24, 2013 8:59:30 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Does knowing when a company will report its earnings really matter? I think it doesnt unless you are a speculator...even for speculators its very hard to trade a stock on announcement day.

So just seat back & relax earnings will stream in.
hisah
#10 Posted : Thursday, October 24, 2013 9:50:07 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
muganda wrote:
Actually @hisah SBG Securities/Stanbic estimates Safaricom 1H14 EPS up +63% y/y or +2% h/h, driven by 17% y/y revenue growth to KSh68bn with an EBITDA margin of 40%.

Note however they are of the view rating is unjustified as even a P/E of 16.2 is a 25% premium over peer group - MTN, Vodacom etc. Hence their recommnedation - SELL - target price 8.00 DCF

The direction of the share on announcement will depend, as always, on dear foreigners.


SBG & HSBC saying the same script. Perfect.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#11 Posted : Friday, October 25, 2013 10:27:34 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Hey folks. Grab some popcorn please smile
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