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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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South African mobile phone operator Vodacom Group Ltd on Thursday reported a 4% rise in first quarter revenue as growth from its international business offset a lacklustre performance at home, sending its shares up 2%. Group revenue rose to 21.5 billion rand ($1.55 billion) for the quarter ended June 30, with service revenue up 3.9% to 17.4 billion rand. Despite the impact of cyclones Idai and Kenneth in Mozambique, international service revenue jumped 20%, largely driven by a 42.7% increase in revenue from Kenya’s Safaricom M-Pesa mobile financial services platform and data demand, the company said. https://af.reuters.com/a.../kenyaNews/idAFL8N24Q1SWWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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FUNKY wrote:https://citizentv.co.ke/business/govt-will-not-interfere-with-search-for-new-safaricom-after-collymores-death-mucheru-266120/?amp
Some good news! This is good.We don't want safaricom to go the path of kplc,KQ,mumias and eapcc Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://www.kahawatungu....mployees-airtel-merger/
Safaricom shareholders are dancing Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 12/8/2009 Posts: 975 Location: Nairobi
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Ericsson wrote:https://www.kahawatungu.com/2019/07/31/600-telkom-kenya-employees-airtel-merger/
Safaricom shareholders are dancing Why should they be dancing/happy?  You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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XSK wrote:Ericsson wrote:https://www.kahawatungu.com/2019/07/31/600-telkom-kenya-employees-airtel-merger/
Safaricom shareholders are dancing Why should they be dancing/happy? The combined entity is a non starter Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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[quote=FUNKY]Breaking news https://www.standardmedi...H1b3VVF5yaHyJDF6jRgxaYw[/quote] Should we worry For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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As of now,there is no worry. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!
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Rank: Member Joined: 3/20/2008 Posts: 503
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FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually???
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Angelica _ann wrote:FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Ebenyo wrote:Angelica _ann wrote:FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO. You cannot trust this government at all
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ebenyo wrote:Angelica _ann wrote:FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO. @Ebenyo ...You would honestly believe what the Jubilee govt would tell you.... possunt quia posse videntur
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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maka wrote:Ebenyo wrote:Angelica _ann wrote:FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO. @Ebenyo ...You would honestly believe what the Jubilee govt would tell you.... @Maka,i agree with your point,but it's very unwise to make an investment decision based on fear. Towards the goal of financial freedom
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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https://kenyanwallstreet...a-to-move-beyond-kenya/
This will help grow safaricom asset base. Towards the goal of financial freedom
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Rank: Member Joined: 7/1/2009 Posts: 256
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FUNKY wrote:Ebenyo wrote:Angelica _ann wrote:FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO. You cannot trust this government at all I reckon the uncertainty and fear created by GOK move on CEO position might present a buying opportunity in the short term (MJ, foreign investors exiting). In the long term, I doubt GOK will want to kill this goose, so those who are in for the long haul need not worry...my thoughts on this counter.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Monk wrote:FUNKY wrote:Ebenyo wrote:Angelica _ann wrote:FUNKY wrote:xxxxx wrote:FUNKY wrote:There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding! Was MJ meant to be a SCOM shareholder perpetually??? No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head. They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO. You cannot trust this government at all I reckon the uncertainty and fear created by GOK move on CEO position might present a buying opportunity in the short term (MJ, foreign investors exiting). In the long term, I doubt GOK will want to kill this goose, so those who are in for the long haul need not worry...my thoughts on this counter. After book closure on 30th August,there will be massive exit.Presents a good opportunity for long term buyers. Towards the goal of financial freedom
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