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Safaricom results FY 2010
Rank: Member Joined: 11/17/2009 Posts: 99
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When is Safaricom releasing their results? I gather that, last year they did so around 18th may, declaring a .10 dividend. Do we expect better results that can drive the share price anywhere around 7.00/? First they ignore you, then they laugh at you, then they fight you, then you win!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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they are releasing the results on wednesday... they are expected to be very good with a surprise int he dividend payout... this stock has been sold in the past weeks due to the problems with the CCK and problems in Europe which means the huge number of forign shareholders are taking profits for re patriation... but as a self proclaimed stocks analyst if the results come out as expected with PBT above 20billion then i expect the share price to shake off all these worries Mark 12:29
Deuteronomy 4:16
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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On their website, Safaricom has indicated that it will release their results on May 26..... only 2 days from today. http://www.safaricom.co.ke/index.php?id=840History 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
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Rank: Member Joined: 11/17/2009 Posts: 99
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Thanks all, I remain very pregnant over this. First they ignore you, then they laugh at you, then they fight you, then you win!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@ madam guru true that...@ 5.60 scom is buy buy buy..10% rule will be suspended on wednesday..
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Rank: Member Joined: 1/15/2010 Posts: 625
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Hope for the best. It's likely some foreign investor will offload so much that the share gain will be minimized. A sneeze in the developed markets and they offload like there's no tomorrow.
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Rank: Veteran Joined: 5/31/2008 Posts: 1,076
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It's one and half days to the date, yet the stock is not appreciating. In fact in the last few days it has been moving in the wrong direction! Might there be other factors at play? Dunia ni msongamano..
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@ B-timer there r no factors @ play here..its just this Europe debt crisis keeping investors @ bay...you buy when theres blood in the street...LOL
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Rank: User Joined: 6/27/2008 Posts: 709 Location: Velayat-e Faryab
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kingauwi wrote:
When is Safaricom releasing their results?
I gather that last year the did so around 18th may declaring a .10 dividend.
Do we expect better results that can drive the share price anywhere around 7.00.
@Kingauwi Next time, please, let you heading give an ideal of what you are asking. I thought the guys have already released the results by reading your heading. I had to stop at a very dangerous place to in order to read the bomb. Wee bana, usishtue tena hivyo. Anyway, thanks for bringing the phenomena's announcement date to my attention. Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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Rank: Member Joined: 11/17/2009 Posts: 99
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Surealligator wrote:kingauwi wrote:
When is Safaricom releasing their results?
I gather that last year the did so around 18th may declaring a .10 dividend.
Do we expect better results that can drive the share price anywhere around 7.00.
@Kingauwi Next time, please, let you heading give an ideal of what you are asking. I thought the guys have already released the results by reading your heading. I had to stop at a very dangerous place to in order to read the bomb. Wee bana, usishtue tena hivyo. Anyway, thanks for bringing the phenomena's announcement date to my attention. Pole sana Mr. Mamba. Mshtuko not intended. Lakini come Wednesday, there is no telling. Join me in keeping vigil. Na mchunge ma-cardiac arrest. First they ignore you, then they laugh at you, then they fight you, then you win!
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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mv_ufanisi wrote:Hope for the best. It's likely some foreign investor will offload so much that the share gain will be minimized. That's my worry too. My sell is at 6.2 and I'm hoping for the best. Lakini 40B shares ni mingi! They need to announce a reverse on Wednesday as well.
BBI will solve it :)
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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is it really possible for safaricom to obtain a pbt of twenty billion. i doubt it
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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I think the fundamentals for safaricom are ok...at least thats the reason i want to get in now...they seem to understand that their future is not in voice only and like a market leader they have gone into everything from data to financials!!I see the stock go past 15 in like 2 yrs. Honest opinion.
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Rank: Member Joined: 6/7/2007 Posts: 263 Location: humu humu
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mv_ufanisi wrote:It's likely some foreign investor will offload so much foreigners have been offloading though not heavily since 19-05-10 till today (monday). 20B PBT? very unlikely @guru627, another bet on 20B PBT? 
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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eeeeeeeeehhh...... please..as you think safcom...please consider whatever factors you use on A PER SHARE BASIS!!!!!!!! please?.... company in itself might be doing well but on a PER SHARE BASIS definitely NOT!!! Interim results earnings were up about 8%...(not sure..will confirm... what is there to make full year earnings beat this?..kwani what has happened within 6 months?? Why pay 5 bob for a share whose earnings are HARDLY any where near 0.50 bob??? fundamentally...NO GO...technically...hence trade/momoentum movers...may be a buy...but there's nothing worth writing home about...options better off out of this one. ..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
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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ProverB wrote:eeeeeeeeehhh......
what is there to make full year earnings beat this?..kwani what has happened within 6 months?? Mpesa, Mkesho, 3G internet, increased subscriber base... A lot has happened in 6 months.
BBI will solve it :)
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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2012 wrote:
Mpesa, Mkesho, 3G internet, increased subscriber base... A lot has happened in 6 months.
my ownership in safaricom is LIMITED to the number of shares I have... a paltry 10,000 shares (compared to FREAKING 40 BILLION).. so even if they make PROFIT after Tax of ksh80 Billion.. (LOL!!!) my stake is 0.00000025 of that!!!! seriously... if they had fewer shares..those things you've quoted would be so cool on shareholder value...but on a PER SHARE BASIS..for it to be worth decent investment by a retailor...they need to reports profits close to 100 BILLION... which is not possible... unless in Uganda shillings! Tehehehehe! ..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
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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ProverB wrote:my ownership in safaricom is LIMITED to the number of shares I have... a paltry 10,000 shares (compared to FREAKING 40 BILLION).. so even if they make PROFIT after Tax of ksh80 Billion.. (LOL!!!) my stake is 0.00000025 of that!!!! seriously... if they had fewer shares..those things you've quoted would be so cool on shareholder value...but on a PER SHARE BASIS..for it to be worth decent investment by a retailor...they need to reports profits close to 100 BILLION... which is not possible... unless in Uganda shillings! Tehehehehe! I totally get what you are saying but you are buying more than just the face value. You are buying with optimism of future growth. It's perceived value not actual value. I can bet you if they did a reverse split and only has 4B shares they would never trade below 60/- while nothing else would have changed including the 1/- dividend the perception would be different. Look at equity with almost 4B shares gaining by sometimes more than a shilling a day.
BBI will solve it :)
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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2012 wrote:I can bet you if they did a reverse split and only has 4B shares they would never trade below 60/- while nothing else would have changed including the 1/- dividend the perception would be different. Look at equity with almost 4B shares gaining by sometimes more than a shilling a day. Reality. that is not happening anytime soon. my argument...no need to get all excited unless you are a momentum trader..or behavior trackers hence larger risk threshold... But as investment.. safaricom is not the better option here. ..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
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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The "problem" with SCOM [if indeed it is a problem] is NOT the number of SHARES [40b], but the number of SHAREHOLDERS [800,000]. If we can figure a way of cutting this to 80,000, then you will see the price rising... Reverse-splitting [or consolidation] will not change things! Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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