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Safaricom FY 2016 results net profit up 19.6%
Impunity
#11 Posted : Wednesday, May 11, 2016 1:43:48 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
jgithige wrote:
Safaricom needs a serious competitor to bring the cost of mpesa rates down. Similarly to what happened in call rates.


Me thinks the rates that needed to be urgently checked and brought down ni za data bandoz.
That 4G thing inanyonya kweli kweli kushinda wale poko za River road.

Try downloading a 4 minute youtube video and before you know it 100MB imemozwo tu like that.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

ngapat
#12 Posted : Wednesday, May 11, 2016 2:31:09 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Airtel and orange need to invest in their infrastructure first before engaging in price wars. I'm sure when it comes to data, there is no loyalty to certain telcoms or providers but cost,speed and reliability is what matters.
“Invest in yourself. Your career is the engine of your wealth.”
Ebenyo
#13 Posted : Wednesday, May 11, 2016 2:56:25 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
what about the dividends?
Towards the goal of financial freedom
Impunity
#14 Posted : Wednesday, May 11, 2016 2:59:21 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Ebenyo wrote:
what about the dividends?


What about them?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Impunity
#15 Posted : Wednesday, May 11, 2016 3:02:26 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
ngapat wrote:
Airtel and orange need to invest in their infrastructure first before engaging in price wars. I'm sure when it comes to data, there is no loyalty to certain telcoms or providers but cost,speed and reliability is what matters.


True, I even bought Orange modem but the speed was pathetic, I ended up using my expe but fast sufferingcom.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Mike Ock
#16 Posted : Wednesday, May 11, 2016 3:37:41 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
Impunity wrote:
jgithige wrote:
Safaricom needs a serious competitor to bring the cost of mpesa rates down. Similarly to what happened in call rates.


Me thinks the rates that needed to be urgently checked and brought down ni za data bandoz.
That 4G thing inanyonya kweli kweli kushinda wale poko za River road.

Try downloading a 4 minute youtube video and before you know it 100MB imemozwo tu like that.

Safaricom data is not too bad even when compared to international standards. The only thing missing is unlimited internet offerings, but those you can get with Zuku. If you want to pressure Safaricom into changing their internet offerings then embrace Zuku and make your use of bundles minimal.

Where Safaricom is milking these immoral profits from is the following band of MPESA transactions:



These are the typical Wanjiku transfers and in terms of percentages, they are obscene. The highest being a 50 bob withdrawal, which draws a bloody 20% commission from Safaricom(10bob) and this adds up very fast. In an advanced economy we would have consumer protection from such usury and agitation for uniform charges across the board, but in Kenya the only thing you can do is buy Safaricom shares so that you are on the right side of the table when people are eating.
Impunity
#17 Posted : Wednesday, May 11, 2016 3:57:20 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Mike Ock wrote:
Impunity wrote:
jgithige wrote:
Safaricom needs a serious competitor to bring the cost of mpesa rates down. Similarly to what happened in call rates.


Me thinks the rates that needed to be urgently checked and brought down ni za data bandoz.
That 4G thing inanyonya kweli kweli kushinda wale poko za River road.

Try downloading a 4 minute youtube video and before you know it 100MB imemozwo tu like that.

Safaricom data is not too bad even when compared to international standards. The only thing missing is unlimited internet offerings, but those you can get with Zuku. If you want to pressure Safaricom into changing their internet offerings then embrace Zuku and make your use of bundles minimal.

Where Safaricom is milking these immoral profits from is the following band of MPESA transactions:



These are the typical Wanjiku transfers and in terms of percentages, they are obscene. The highest being a 50 bob withdrawal, which draws a bloody 20% commission from Safaricom(10bob) and this adds up very fast. In an advanced economy we would have consumer protection from such usury and agitation for uniform charges across the board, but in Kenya the only thing you can do is buy Safaricom shares so that you are on the right side of the table when people are eating.


If you are not on the table then you are definitely on the menu.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

bartum
#18 Posted : Wednesday, May 11, 2016 4:55:43 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Mike Ock wrote:
Impunity wrote:
jgithige wrote:
Safaricom needs a serious competitor to bring the cost of mpesa rates down. Similarly to what happened in call rates.


Me thinks the rates that needed to be urgently checked and brought down ni za data bandoz.
That 4G thing inanyonya kweli kweli kushinda wale poko za River road.

Try downloading a 4 minute youtube video and before you know it 100MB imemozwo tu like that.

Safaricom data is not too bad even when compared to international standards. The only thing missing is unlimited internet offerings, but those you can get with Zuku. If you want to pressure Safaricom into changing their internet offerings then embrace Zuku and make your use of bundles minimal.

Where Safaricom is milking these immoral profits from is the following band of MPESA transactions:



These are the typical Wanjiku transfers and in terms of percentages, they are obscene. The highest being a 50 bob withdrawal, which draws a bloody 20% commission from Safaricom(10bob) and this adds up very fast. In an advanced economy we would have consumer protection from such usury and agitation for uniform charges across the board, but in Kenya the only thing you can do is buy Safaricom shares so that you are on the right side of the table when people are eating.

You made my evening
gatoho
#19 Posted : Wednesday, May 11, 2016 5:25:20 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Ebenyo wrote:
what about the dividends?



0.76/-
Foresight..
murchr
#20 Posted : Wednesday, May 11, 2016 5:55:45 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Post#41 Posted : Thursday, November 13, 2014 12:23:32 AM

murchr wrote:
MaichBlack wrote:
murchr wrote:
MaichBlack wrote:
murchr wrote:
13/- printed today

Current demand outstrips supply by far at 13/=


Will the all time high of 13.40/- be smashed tomorrow?

Happened today @murchr. A high of 13.55/=



Great, this one will be interesting to watch Volume = 24,898,900 97% foreign buys

mlennyman wrote:
When will it make 40b profit to make 1 bob earnings per share?


If they keep innovating, then they can do it even in 3 years.


I don't think this is a pipe dream now

http://www.wazua.co.ke/f...amp;m=615000#post615000
"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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