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Safaricom FY 2016 results net profit up 19.6%
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sparkly
#151 Posted : Tuesday, July 12, 2016 1:53:11 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
maka wrote:
MaichBlack wrote:
Swenani wrote:
mlennyma wrote:
watesh wrote:
murchr wrote:
MPESA debit cards, coming to a place near you

Finally i can pay with mpesa at the till. I really hated using the phone. So many steps and the waiting periods just makes things awkward

true and especially when the people traffic is heavy with some doing it with alot of analog


safaricom should be cut to size before it becomes a hegemony in mobile and card payments

Oh yee Kenyans!!! Why thou hatest advancement, innovation, progress, growth etc. so?? Why thou vilify the hard workers? Would thee want they to be like KQ, Uchumi and Mumias so that they are not cut to size??



Life is short. Live passionately.
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Ebenyo
#152 Posted : Tuesday, July 12, 2016 2:11:42 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Aguytrying wrote:
[quote=mlennyma][quote=streetwise]I thought I read NFC somewhere in initial announcement , I would be surprised if safcom goes ahead and print another plastics that increases their cost of doing business.

The Wazun-safcom members here please pass the message

safcoms threat can only be the government change of policies but not another company as things appear in the medium term and even longterm if status quo prevails[/quote

You are right.Kencell,zain,celtel tried but came to nought.Even the current competion from airtell,orange,equitell will not succeed.But even the Gok with 35% shareholding in safaricom,will not plot safcom downfall as it will be like shooting urself.
Towards the goal of financial freedom
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Ericsson
#153 Posted : Tuesday, July 12, 2016 3:31:27 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@VVS
Safaricom @13 is not impossible.
With this bear run and cold chills anything is possible.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#154 Posted : Tuesday, July 12, 2016 4:24:57 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ebenyo wrote:
Aguytrying wrote:
[quote=mlennyma][quote=streetwise]I thought I read NFC somewhere in initial announcement , I would be surprised if safcom goes ahead and print another plastics that increases their cost of doing business.

The Wazun-safcom members here please pass the message

safcoms threat can only be the government change of policies but not another company as things appear in the medium term and even longterm if status quo prevails[/quote

You are right.Kencell,zain,celtel tried but came to nought.Even the current competion from airtell,orange,equitell will not succeed.But even the Gok with 35% shareholding in safaricom,will not plot safcom downfall as it will be like shooting urself.

it is very wise for the government to consider building telkom to a level near safcom,right now its dangerous for everybody
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#155 Posted : Tuesday, July 12, 2016 8:38:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
Ericsson wrote:
@VVS
Safaricom @13 is not impossible.
With this bear run and cold chills anything is possible.

If that happens [ceteris paribus], I will need cash... Anyone in the market for a kidney? Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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gatoho
#156 Posted : Tuesday, July 12, 2016 10:39:30 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
VituVingiSana wrote:
Ericsson wrote:
@VVS
Safaricom @13 is not impossible.
With this bear run and cold chills anything is possible.

If that happens [ceteris paribus], I will need cash... Anyone in the market for a kidney? Laughing out loudly Laughing out loudly Laughing out loudly


Make that both Kidneys and we are 9n
Foresight..
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mlennyma
#157 Posted : Tuesday, July 19, 2016 11:02:22 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
That demand will break the trading system! !!madness developing
"Don't let the fear of losing be greater than the excitement of winning."
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Ebenyo
#158 Posted : Tuesday, July 19, 2016 11:26:16 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
mlennyma wrote:
That demand will break the trading system! !!madness developing


how is the supply?
Towards the goal of financial freedom
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mlennyma
#159 Posted : Tuesday, July 19, 2016 11:49:12 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ebenyo wrote:
mlennyma wrote:
That demand will break the trading system! !!madness developing


how is the supply?

diminishing
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#160 Posted : Tuesday, July 19, 2016 1:26:29 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Price up 40 cents already
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Metasploit
#161 Posted : Tuesday, July 19, 2016 1:33:22 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
The demand is strong..But waiting for close price and closing demand and supply of today
And the opening and closing price for tomorrow
Coz the traded volumes today are significant to ignore

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Ericsson
#162 Posted : Tuesday, July 19, 2016 2:39:20 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Safaricom has so far traded 30.52mn shares.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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hisah
#163 Posted : Tuesday, July 19, 2016 3:47:24 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ericsson wrote:
Safaricom has so far traded 30.52mn shares.

31.49M shares on the day with a turnover on 556M. Huge blocks traded since open. At finish price was at 17.80 level. VWAP has closed at 17.65. Foreigners pressing on the gas.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr
#164 Posted : Tuesday, July 19, 2016 6:18:47 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Metasploit wrote:
The demand is strong..But waiting for close price and closing demand and supply of today
And the opening and closing price for tomorrow
Coz the traded volumes today are significant to ignore



31.50m shares changed hands 19/7/2016
Deals = 243

Total demand = 22,737,700
Total Supply = 5,339,700

Best bid = 15.75 (with that kind of demand, this is a pipe dream)
Best Ask = 18.95
Last price = 17.80
"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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mlennyma
#165 Posted : Wednesday, July 20, 2016 11:02:34 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Price up 40 cents already

safcom is like a wildbeast enjoying swimming in a pool full of crocodiles
"Don't let the fear of losing be greater than the excitement of winning."
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