innovator wrote:Aguytrying wrote:VituVingiSana wrote: I invest where I think there is value. And I was lucky to listen to JM when he was explaining [not much detail at the time] MVNO & that they are very confident... That's when I bought [coincided with a dip in the price]... Of course, I will re-evaluate it when it hits 50. In the meantime, I am dancing to the beat ;-)
nice. I rank this as a blue chip close to eabl and safaricom, I have no doubt it'll the most profitable kenyan bank in the near future
The MVNO legal hurdle could give an entry point. This will not stop the bank from implementing the vision.
COFEK is just blowing hot air probably on the account of The Green Monster. Equity still needs some time to get its ducks in a row so a slight delay will not matter. Equity Money is going to happen but what may be a concern is any delay gives time for Safaricom to counter the 'threat' and that includes buying out a bank. I wonder if the Kenyattas would be open to selling CBA to Safaricom?
And there are 43 banks so nothing stops Safaricom from buying one of the smaller banks and installing the required servers & platform to handle M-Shwari.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett