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Safaricom results presentation FY 2010
muganda
#1 Posted : Wednesday, May 26, 2010 5:42:25 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
kainvestor wrote:
Watch the announcement live on this link:
http://www.safaricom.co.ke/index.php?id=1391


Madness I tell you! @kainvestor Applause
The wonders of technology, the link actually works.

I'm on my Safaricom Bambanet modem, looking into the presentation room, attending a results presentation via Internet for the first time in my life. Awaiting the buzzz...

Hope the results are as fine as the wizadry.
muganda
#2 Posted : Wednesday, May 26, 2010 5:56:35 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Wazua, glad to see you're also watching the live broadcast from Safaricom House. Patience, I just saw CEO walk up for quick prep on how to run presentation.

But I have to agree with you, late start gives only 1 hour before start of market trading...
VituVingiSana
#3 Posted : Wednesday, May 26, 2010 5:57:12 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
@muganda - Well, keep us informed coz I am not able to do the same! A real pity!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
muganda
#4 Posted : Wednesday, May 26, 2010 5:59:22 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
VituVingiSana wrote:
@muganda - Well, keep us informed coz I am not able to do the same! A real pity!


No problem, I see on the side of my browser it says... Only Windows Internet Explorer is supported for this live webcast.
muganda
#5 Posted : Wednesday, May 26, 2010 6:14:12 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Safaricom EPS now 0.38
muganda
#6 Posted : Wednesday, May 26, 2010 6:25:32 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Safaricom doubles the dividend
wasee
#7 Posted : Wednesday, May 26, 2010 6:25:49 AM
Rank: Member


Joined: 2/5/2010
Posts: 273
Location: NBI
@muganda. thanks.

Am watching the live broadcast.
stock.enigma
#8 Posted : Wednesday, May 26, 2010 6:28:20 AM
Rank: Member


Joined: 8/14/2009
Posts: 244
Download Safaricom Results

FY 2010 Results Announcement file


DIV up 100%
muganda
#9 Posted : Wednesday, May 26, 2010 6:41:59 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Thanks @stock.enigma. Over to you @wasee

I tell you the site is overloaded.
Interupted temporary and can't get in again, even to load the homepage of Safaricom let alone stream or download that file - shikes!
wasee
#10 Posted : Wednesday, May 26, 2010 6:42:37 AM
Rank: Member


Joined: 2/5/2010
Posts: 273
Location: NBI

i have looked at the announcements and the profit is crazy. 15.14B.

How long can the profit growth of 43% be sustanined.
muganda
#11 Posted : Wednesday, May 26, 2010 6:45:10 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Some titbits from twitter and I have to say Ouchhh - In Kenya elephants run faster than leopards smile


Kenya Revenue up 19.1% Data revenue up 97.7%

Profit before Tax up 37% and Earnings per Share up 44.2%

Safaricom MPesa now has 9.48m users transacting transactions with 405.52b cumulative value

wasee
#12 Posted : Wednesday, May 26, 2010 6:49:12 AM
Rank: Member


Joined: 2/5/2010
Posts: 273
Location: NBI
Highlights
Subscriber base grew by 18.2% to 15.79M
Turn-over grew by 19.1% to Kshs.83.96B
Net Income grew by 43.8% to 15.15B
EPS(Earning Per Share) grew by 44.2% to Kshs.0.38
Dividends grew by 100%.
cnn
#13 Posted : Wednesday, May 26, 2010 6:52:20 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
Proved me wrong,far much better than i expected.I might regret not holding a single share.
wasee
#14 Posted : Wednesday, May 26, 2010 6:52:23 AM
Rank: Member


Joined: 2/5/2010
Posts: 273
Location: NBI
Market Share
Safaricom 78.3% slight decline from 79.1% last year
Zain 10.6%
Orange 5.6%
Yu 5.4%

Mobile penetration in Kenya 50%
Data penetration in kenya 10%
Much Know
#15 Posted : Wednesday, May 26, 2010 6:54:20 AM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
The profits will continue up and up as cap-ex drops. Nice, wazuans some valuations please?
A New Kenya
cnn
#16 Posted : Wednesday, May 26, 2010 6:56:20 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
The guys at Zain and Orange will get ulcers when they look at these numbers,as they continue making losses.
muganda
#17 Posted : Wednesday, May 26, 2010 7:04:51 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Okay quoting Larry Madowo from twitter, I had seen Bitange Ndemo admiring the teleprompter before the occassion begun. I figure he must now be giving his speech...

PS Ndemo says international competition lawyers to review controversial regulations in 2-3wks, while asking Safaricom to lower tariffs to increase ARPU

By the way blended arpu fell by 3.4% to ksh 459; churn rate grew by 3.2% to 27.2
Safaricom has done 500 digital villages
cnn
#18 Posted : Wednesday, May 26, 2010 7:06:23 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
6 bob gives P/E of 15.78,not too bad.The price will hold at current levels or around 6,a positive for the NSE,i had a feeling if it went down it would drag the rest of the NSE with it.
the deal
#19 Posted : Wednesday, May 26, 2010 7:09:19 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@ 5.40 Safcom is now cheaper than EABL...EQUITY...AK...on PE basis..
muganda
#20 Posted : Wednesday, May 26, 2010 7:28:21 AM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
So with 15.79million customers, doesn't this mean presumably 90% of adult population may have a Safaricom line?

And profit before tax did indeed hit 20.9 billion making it bigger than EABL, EQUITY combined. At 2.9 billion from data, they dwarfed ACCESS group turnover.


Downloading from Safaricom site is impossible until later in the day perhaps so http://www.nse.co.ke/new...nnouncements/Safcom.pdf should sort you out.
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