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Safaricom HY 2014 results announcement
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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MoneyGram and Vodafone M-Pesa bring mobile remittances to new countries - http://www.pcworld.com/a...s-to-new-countries.html
Quote:MoneyGram and Vodafone have added a new way to remit money to mobile phone users in developing countries, linking the money-transfer service with the network operator’s M-Pesa mobile wallet service. Other payment networks already offer similar services in some of the countries where M-Pesa operates.
The agreement allows MoneyGram’s 334,000 agents around the globe to send customers’ funds directly to Vodafone M-Pesa accounts. Transfers can also be made via moneygram.com using mobile phones running iOS, Android or Windows 8.
MoneyGram offers money transfer services worldwide through a global network of agents that include retailers, international post offices and financial institutions. By working together, the companies want to enable users to transfer funds directly from around 200 countries where MoneyGram has agents to the millions of users of M-Pesa, they said.
Countries with M-Pesa services include the Democratic Republic of Congo, Egypt, Fiji, India, Kenya, Lesotho, Mozambique, South Africa and Tanzania, with more to follow during 2014, according to Vodafone. As of September, M-Pesa had nearly 16 million active customers who make in excess of €900 million (US$1.2 billion) worth of transactions per month, and the service has approximately 165,000 authorized agents worldwide, it added.
Rival money transfer service Western Union already works with M-Pesa to remit money to mobile users in Kenya and Tanzania; with MTN Mobile Money in Uganda, and with Tigo in Central America.
Money transfers from mobile phones to MoneyGram agents are also possible from Italy and the United Arab Emirates.
The joint service from Vodafone and MoneyGram will be launched in the second quarter of 2014, with additional roll-outs planned throughout the remainder of the year.
$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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Vodafone poised to take full control of Indian business - http://reut.rs/1kB6ToF
Quote:Piramal said on Thursday it had agreed to sell its 11 percent stake to the British group for 89 billion rupees.
A Vodafone spokesman separately said the group had already completed a transaction to buy about a 4.5 percent stake in the business from Indian businessman Analjit Singh.
The deals are part of Vodafone's plan announced last October to take full control of Vodafone India Ltd for $1.7 billion, following a rule change allowing foreign carriers to fully-own their Indian subsidiaries. With NSE readying to permit 100% foreign investor ownership I can see where mpesa bank is going... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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New high 13.20 "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: New-farer Joined: 12/27/2013 Posts: 87
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From insider. The result will be fatty GOOD TO GREAT. KINGOTORE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Kingotore wrote:From insider. The result will be fatty Fatty to me would be a div hike of 40% plus bonus issue. Huge cashflow as per H1 results supports a div hike. Bonus issue would aid in bringing the price back under 10 to make it look cheap again.
If bonus issue on cic did wonders or now cfci with a scrip dividend what of mpesa bank  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 12/16/2013 Posts: 49 Location: Nairobi
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hisah wrote:Kingotore wrote:From insider. The result will be fatty Fatty to me would be a div hike of 40% plus bonus issue. Huge cashflow as per H1 results supports a div hike. Bonus issue would aid in bringing the price back under 10 to make it look cheap again.
If bonus issue on cic did wonders or now cfci with a scrip dividend what of mpesa bank trust me they are fat "'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Bonus on a 40billion share company????? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mlennyma wrote:Bonus on a 40billion share company????? Why not? The 10B share has been trading since IPO and providing nice liquidity for traders like me.
My reason for a bonus issue is to push the price back under 10/- which makes the price look cheaper. Of course I won't mind a bonus issue like plus a fat div pay to boot 1:5
If I was sitting in the board, I'd push for this.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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hisah wrote:mlennyma wrote:Bonus on a 40billion share company????? Why not? The 10B share has been trading since IPO and providing nice liquidity for traders like me.
My reason for a bonus issue is to push the price back under 10/- which makes the price look cheaper. Of course I won't mind a bonus issue like plus a fat div pay to boot 1:5
If I was sitting in the board, I'd push for this.
Why would SafCom issue a bonus? WHY? WHY? WHY? Do they need to keep the money? For what? WALETE PESA TUKULE! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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dunkang wrote:hisah wrote:mlennyma wrote:Bonus on a 40billion share company????? Why not? The 10B share has been trading since IPO and providing nice liquidity for traders like me.
My reason for a bonus issue is to push the price back under 10/- which makes the price look cheaper. Of course I won't mind a bonus issue like plus a fat div pay to boot 1:5
If I was sitting in the board, I'd push for this.
Why would SafCom issue a bonus? WHY? WHY? WHY? Do they need to keep the money? For what? WALETE PESA TUKULE! Keep some for a rainy day as well as ICT M&A activities now that it is getting red hot.
If they can afford a 50% div hike, bonus issue is also welcome.
My bonus issue call is to force the price below 10/- to make it cheap for wanjiku $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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Since it listed in Jun 2008, Mpesa bank for the first time has outperformed the NSE index on the long term charts... Bulls in charge.  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Hello Joined: 4/21/2014 Posts: 5
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this stock is highly overpriced but Tech companies have such tendancies critically look at analysis http://ekeza.blogspot.com/p/stock-performance.html
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Rank: Member Joined: 1/15/2010 Posts: 625
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[quote=WMSD]this stock is highly overpriced but Tech companies have such tendancies critically look at analysis http://ekeza.blogspot.co.../stock-performance.html[/quote] Waiting for next month to see the numbers. Hopefully it will be good news all around.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Limelight on this counter as FY results are announced next Monday. http://www.safaricom.co....board/investor-calendar
$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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And then the sell. Will be looking out for the floor. Member seems to have stolen the show with some portfolio reallocation taking place. notice one has had +ive inflows while the other -ve over the last 2 or so weeks. @SufficientlyP
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Are you not aware that equity has an upper hand in mobile money?its a money supermarket. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:Are you not aware that equity has an upper hand in mobile money?its a money supermarket. Surely you do think that safaricom will take that "New" invention with no fight? Time will tell "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: 7/21/2010 Posts: 6,183 Location: nairobi
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That fight is what will shake its profitability. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:That fight is what will shake its profitability. They have enuff reserves 4 that, Equity is yet to prove that they have a better product. Who knws it might just not be what its being drummed up to be. Time will tel tho "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: Member Joined: 1/15/2010 Posts: 625
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Equity will need some time to source the kind of talent that a Telco requires. The bankers at Equity will not turn into IT gurus overnight. Sourcing the talent and having the institutional capacity to run a Telco will be make or break for them.
Equity can tap into the host of local talent that is ignored, pirated or taken for granted by SCOM by creating a good working relationship with Kenyan developers and technical firms.
But I think Equity will do better than Yu, Airtel and Telkom coz they're not scared of hiring top local talent. SCOM has likely met a worthy competitor. It won't be a walkover as has been the case with the other mobile firms who are so "outward" looking that they don't have the local touch.
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