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Safaricom FY 2016 results net profit up 19.6%
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Aguytrying wrote:murchr wrote:You're better off buying now and quit wishing. Never wacha ikae. If it's not meant to be fine. This madness will come to an end. Pe of 20 mpaka lini. MTN Africa PE - 18.88 Vodacom Group - 19.16 In terms of PE ratio, SafCom is trading at par with peers at a PE of 18.94. Wanjiku is squeezed out and float is diminishing. "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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Aguytrying wrote:murchr wrote:You're better off buying now and quit wishing. Never wacha ikae. If it's not meant to be fine. This madness will come to an end. Pe of 20 mpaka lini. let this one go elder we will never regret marrying other women if this one remains successful forever "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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murchr wrote:Aguytrying wrote:murchr wrote:You're better off buying now and quit wishing. Never wacha ikae. If it's not meant to be fine. This madness will come to an end. Pe of 20 mpaka lini. MTN Africa PE - 18.88 Vodacom Group - 19.16 In terms of PE ratio, SafCom is trading at par with peers at a PE of 18.94. Wanjiku is squeezed out and float is diminishing. I hope your not buying at this pe. If u got in much lower enjoy the ride. Its the bluest chip on the NSE. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 1/3/2014 Posts: 257
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This safaricom is a strange stock. Surely it cannot fight this bear alone...were it not for safaricom gaining in price today, NSE 20 would have gone below 3500. Still we closed lower, new 4yr low of 3520. Spectator mode continues.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Aguytrying wrote:murchr wrote:Aguytrying wrote:murchr wrote:You're better off buying now and quit wishing. Never wacha ikae. If it's not meant to be fine. This madness will come to an end. Pe of 20 mpaka lini. MTN Africa PE - 18.88 Vodacom Group - 19.16 In terms of PE ratio, SafCom is trading at par with peers at a PE of 18.94. Wanjiku is squeezed out and float is diminishing. I hope your not buying at this pe. If u got in much lower enjoy the ride. Its the bluest chip on the NSE. im waiting this gem at 14.05 to add.Going by these happenings it will be possible between sept-oct. Towards the goal of financial freedom
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Lots of fancy footwork by safcom since the bear commenced. It has been an almighty effort to keep afloat thus far helped by the growing bottomline, huge payout ratio etc. The ultimate question is whether it will manage to dodge the bear altogether. I think not. The way I see it, the longer safcom continues to hold at current levels the longer the overall downtrend persists. After all, it ain't over till the fat lady sings. Suppose we got to the 3000 mark with safcom yet to budge...that to me can only mean we still have a long way down. In other words, the faster safcom caves in the faster the market bottoms out. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Member Joined: 1/3/2014 Posts: 257
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lochaz-index wrote:Lots of fancy footwork by safcom since the bear commenced. It has been an almighty effort to keep afloat thus far helped by the growing bottomline, huge payout ratio etc.
The ultimate question is whether it will manage to dodge the bear altogether. I think not. The way I see it, the longer safcom continues to hold at current levels the longer the overall downtrend persists. After all, it ain't over till the fat lady sings.
Suppose we got to the 3000 mark with safcom yet to budge...that to me can only mean we still have a long way down. In other words, the faster safcom caves in the faster the market bottoms out. Indeed. This needs to be resolved soon. 3000 without safcom budging would be a nightmare because it would mean a long long way down. As it is right now we are already in the pits...4yr lows. The beating already inflicted is quite heavy to think it could get worse...
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Aguytrying wrote:murchr wrote:Aguytrying wrote:murchr wrote:You're better off buying now and quit wishing. Never wacha ikae. If it's not meant to be fine. This madness will come to an end. Pe of 20 mpaka lini. MTN Africa PE - 18.88 Vodacom Group - 19.16 In terms of PE ratio, SafCom is trading at par with peers at a PE of 18.94. Wanjiku is squeezed out and float is diminishing. I hope your not buying at this pe. If u got in much lower enjoy the ride. Its the bluest chip on the NSE. I have been riding here since 3 sold at 5.xy regretted and jumped back in at 7.xy, since then i've been accumulating at the dips latest 15.xy. I hope @karasinga does a chart for safcom just to see what the next dip will be. Funny tho is in wazua we forget very fast. I remember @metaspoilt waiting for it at 10.5, and watching the buying patterns just as he's doing in 2016 By the time its sept/oct...we'll be close to Nov (HY results) and people then will be buying the rumor. "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: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:Spikes wrote:mlennyma wrote:Safcom closes the day on a mad note 20bob may print before it comes down, ex dividend, with a bang! @spikes, the other day I asked you a query and you never responded. If you sell your bellwether stocks, what will you buy? Treasurys (tbills or tbonds)? Fixed deposit (FD)? Real Estate?
Start seeing the market like a fund manager with loads of liquidity in equities... Lets wait and see....But if Safaricom becomes defiant of the bear run, then most traders and investors alike will be possibly left out by the departure time of NSE flight. Psychologically, some have placed a bet on Safaricom share movement as a yardstick to gauge bottom out season. And this is quite dangerous. As for my observation, the fall with a bang will be short lived and price correction will follow almost immediately. That will create an opportunity to enter at lows of 15/-. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. If this is truly a bear then saf will have to cave in. If not it sends a very strong signal about safcom and the NSE. Is safaricom "bigger" than the NSE? Maybe The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:hisah wrote:Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. If this is truly a bear then saf will have to cave in. If not it sends a very strong signal about safcom and the NSE. Is safaricom "bigger" than the NSE? Maybe During a bear a few equities do weather the storm just like during a bull some equities wear the laggard shirt. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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hisah wrote:Aguytrying wrote:hisah wrote:Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. If this is truly a bear then saf will have to cave in. If not it sends a very strong signal about safcom and the NSE. Is safaricom "bigger" than the NSE? Maybe During a bear a few equities do weather the storm just like during a bull some equities wear the laggard shirt. ,kk was a laggard during a bull "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:hisah wrote:Aguytrying wrote:hisah wrote:Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. If this is truly a bear then saf will have to cave in. If not it sends a very strong signal about safcom and the NSE. Is safaricom "bigger" than the NSE? Maybe During a bear a few equities do weather the storm just like during a bull some equities wear the laggard shirt. ,kk was a laggard during a bull But now a saver in the bear $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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hisah wrote:mlennyma wrote:hisah wrote:Aguytrying wrote:hisah wrote:Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. If this is truly a bear then saf will have to cave in. If not it sends a very strong signal about safcom and the NSE. Is safaricom "bigger" than the NSE? Maybe During a bear a few equities do weather the storm just like during a bull some equities wear the laggard shirt. ,kk was a laggard during a bull But now a saver in the bear The nut is kk and the squirrel is some of my learned friends ,vvs,mlennyma, Aguy,Boris,......you know that squirrel character from ice age movie,should have watched with your kids! ! and it's obsession with that nut!!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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enyands wrote:hisah wrote:mlennyma wrote:hisah wrote:Aguytrying wrote:hisah wrote:Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. If this is truly a bear then saf will have to cave in. If not it sends a very strong signal about safcom and the NSE. Is safaricom "bigger" than the NSE? Maybe During a bear a few equities do weather the storm just like during a bull some equities wear the laggard shirt. ,kk was a laggard during a bull But now a saver in the bear The nut is kk and the squirrel is some of my learned friends ,vvs,mlennyma, Aguy,Boris,......you know that squirrel character from ice age movie,should have watched with your kids! ! and it's obsession with that nut!!! transfer this squirrel to kk "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:enyands wrote:hisah wrote:mlennyma wrote:hisah wrote:Aguytrying wrote:hisah wrote:Block trade - 4,976,000 shares at 18.10 just traded. The turbo bid continues. If this is truly a bear then saf will have to cave in. If not it sends a very strong signal about safcom and the NSE. Is safaricom "bigger" than the NSE? Maybe During a bear a few equities do weather the storm just like during a bull some equities wear the laggard shirt. ,kk was a laggard during a bull But now a saver in the bear The nut is kk and the squirrel is some of my learned friends ,vvs,mlennyma, Aguy,Boris,......you know that squirrel character from ice age movie,should have watched with your kids! ! and it's obsession with that nut!!! transfer this squirrel to kk Haha. Nice to ice breaker I'm this cold market. Boris has been quiet since pendulum days The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Kawaida Wanjiku is being crowded out of this share. Soon it will be institutional and foreign investors who will be holding this share. Timeline 2020 Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Counter now giving out the e-gas.Price imeanza kushuka Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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murchr wrote:You're better off buying now and quit wishing. "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 wanjiku amejanjaruka siku hizi. wacha mbeberu arambishwe pia. its called imported demand. local market would not sustain the level of testeron charge required for proper slaughter on this counter. will not touch and I can't touch even if even if triplicates of matu would be at the helm with matu himself being there. once this counter is through with market acrobatics, someone will be deep in coma at ICU for a very long time. imagine zero demand and zirrion supply on a bear charge on this counter and realise how formidable force would ppt have to put up to pump this monster. crazy volumes ,Behold, a sower went forth to sow;....
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Safaricom FY 2016 results net profit up 19.6%
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