Wazua
»
Investor
»
Stocks
»
Access Kenya free fall.
Rank: Elder Joined: 5/27/2008 Posts: 3,760
|
Wouldn't it make a good target though for a bigger provider? Buy it out, dump expensive management, exploit the metro infrastructure, get hold of the rights cash...
|
|
|
Rank: Member Joined: 4/15/2008 Posts: 206
|
VituVingiSana wrote:@GG - AK's founders are Jewish (not Israeli)...
There is a new firm on the news jana (or was it juzi) which is a Slovekian firm paired up with a local firm...
AK will face severe competition going forward... Whats the difference between jewish and Israeli. (its like a kikuyu and a kenyan  ), Anyway, Its a bull market, Access cannot deep anymore than it did, am suprised it got to 18. At the same time I agree that given the dynamics of the Industry AK will have a difficult time surving but surving they will together with Zuku. The internet market is very big and all that is needed is for one to identify their niche and excel on it. Do it today! Tomorrow is promise to no-one.
|
|
|
Rank: New-farer Joined: 1/26/2010 Posts: 35 Location: nairobi
|
VituVingiSana wrote:@GG - AK's founders are Jewish (not Israeli)...
There is a new firm on the news jana (or was it juzi) which is a Slovekian firm paired up with a local firm...
AK will face severe competition going forward... the new firm is mainly a vendor for mobile and fixed telecom equipments, they develop VAS systems Which local firm thy formed a collabo with?, am in this industry http://www.iskratel.comSuccess is 20 percent skills and 80 percent strategy.
|
|
|
Rank: Veteran Joined: 10/29/2008 Posts: 1,566
|
@ Mufasa There are US Jews, French Jews, Russia Jews etc. Isuni yilu yi maa me muyo - ni Mbisuu
|
|
|
Rank: Elder Joined: 5/27/2008 Posts: 3,760
|
AGM moved to August "to enable the company to complete logistical and other arrangements" 
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
mufasa wrote:Whats the difference between jewish and Israeli. (its like a kikuyu and a kenyan i cannot believe you asked that...its like asking whats the difference between an arab and a muslim... Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 11/19/2008 Posts: 1,267
|
GG {AGM moved to August "to enable the company to complete logistical and other arrangements" } evading shareholders wrath?  Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
|
|
|
Rank: Elder Joined: 12/6/2008 Posts: 3,548
|
AGM Moved, either 1. Wamefilisika (bad) 2. They are trying to close a deal to sell themselves.(good) A New Kenya
|
|
|
Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
|
...well... looking on the bright side... the cheaper the stock..the bigger the chunks of it you buy..continue this way over time...someday you'll own the freeking thing and pull a meralli by selling it all to Zain  >.the stuff dreams are made of. by the way..anyone out there like me who gets exited whenever the market loses points? i'm not crazy i'm sure. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
|
|
|
Rank: Member Joined: 6/7/2007 Posts: 263 Location: humu humu
|
@proverB, you are not alone. Bad news='good' news
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Good News=Bad News? Don't you just love it when people panic? They sell off their stock like hot cake, only for astute investors to pick them up. There was no new information to lead to the selling of AK shares. It closed at 19.70, just about where it was before the. I wonder how those who sold feel. Jaguar, Proverb don't be surprised to see a thread next week where someone (who sold AK at a loss this past week) claims that there are people "manipulating the AK price". Seriously! GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
|
My investing hero... Warren Buffett says reduced prices on shares you like... is like shopping at your supermarket when the discounts are in force! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
VituVingiSana wrote:My investing hero... Warren Buffett says reduced prices on shares you like... is like shopping at your supermarket when the discounts are in force! then people must start shopping big time now... if i were interested in AK i would be buying like crazy at these low levels becuase i highly doubt this low price is sustainable especially if they reveal good Q1 or H1 results... Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Member Joined: 6/7/2007 Posts: 263 Location: humu humu
|
a trade of 148,000 shares, @ksh 17.75 (-9.9%)time 12:03.....on the prompt board of course
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
|
My personal opinion is that AK's days are numbered as an independent firm... Either it will be bought out or it will fade into oblivion over a few years... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
|
VituVingiSana wrote:My personal opinion is that AK's days are numbered as an independent firm... Either it will be bought out or it will fade into oblivion over a few years... i so second that!!!!! ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
|
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
I also feel that unless AK changes its strategy, it might find it very hard to sustain its position leave alone growth. I won't simply buy because the price has come down. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
ProverB wrote:VituVingiSana wrote:My personal opinion is that AK's days are numbered as an independent firm... Either it will be bought out or it will fade into oblivion over a few years... i so second that!!!!! copy this on your browser http://www.wazua.co.ke/f....aspx?g=posts&t=708 i still maintain the firm is run by venture capitalists, fattening it for slaughter. BTW, that director who led some co to be listed on NASDAQ, is he still around? Life is short. Live passionately.
|
|
|
Rank: Member Joined: 8/25/2006 Posts: 101
|
Ever since I read their IPO prospectus when it came out in '07 and saw that they basically had no major plan to get big on Fiber (they actually kind of dismissed it then) and did not even consider the then growing threat of 3G safaricom(safcom bought its license around the same time and I thought it was foolish not to even mention it), I always knew that I would flip those IPO shares as soon as I could. Unless they change their strategy, I see profits stagnating.
|
|
|
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
|
The partnership signed between Access Kenya & Barclays bank dubbed SmartAccess aimed at improving IT usage among 3000 SME's who are Barclays customers may be just what Access Kenya needs to go back to where it belongs in the IT sector. http://www.capitalfm.co....r-Kenyan-SMEs-4164.html
This tells me one thing, Access Kenya is still a *top dog* in the IT sector. The only problem is that the dominant player according to CCK has disorganized its midfield and caused a disconnect so they are not scoring any goals. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
|
|
|
Wazua
»
Investor
»
Stocks
»
Access Kenya free fall.
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|