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Safaricom share consolidation.

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the deal		#1 Posted : Friday, January 29, 2010 12:52:00 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		What will happen if safcom proceeds with their share consolidation in april? Aulready MJ is talking of better than expected end of year results...time to take positions?
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muganda		#2 Posted : Friday, January 29, 2010 12:59:13 PM
Rank: Elder Joined: 9/15/2006 Posts: 3,905		@the deal, source? See that today share traded at 5.25 with a low of 5.10. Could this be the trigger?
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the deal		#3 Posted : Friday, January 29, 2010 1:53:34 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		Check todays the standard...
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mot@ug		#4 Posted : Saturday, January 30, 2010 5:23:19 AM
Rank: New-farer Joined: 1/23/2010 Posts: 2 Location: kla		Scom is smthng for the future, and share consolidation is the way to go. watch the mkt.
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VituVingiSana		#5 Posted : Monday, February 01, 2010 8:21:11 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,118 Location: Nairobi		Jameni... MJ says results will be better than last year... Lakini, you are paying 50% more for the shares than last year... So the deal is not as sweet @ 5.25 as it was @ 3.50 Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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the deal		#6 Posted : Monday, February 01, 2010 9:02:32 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		@vvs scom will never trade @ 3.55 again...do u ever c kq @ 17.50 again...the answer is NO...wat if scom offers 10:1 share consolidation it means they will have 4 billion issued shares...
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VituVingiSana		#7 Posted : Monday, February 01, 2010 9:21:48 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,118 Location: Nairobi		@the deal: I am not saying that u can get them at 3.55 but the dynamics have changed since the Morgan Stanley report was being researched & published... I am looking for a sub-5 price... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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