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Safaricom 2019/2020
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Angelica _ann wrote:mulla wrote:Ericsson wrote:Safaricom has unveiled revamped PostPay plans that will offer customers bundled voice, data and SMS with no-expiry. The new plans will be available on a 30-day basis with any unused resources rolling over to the next month.
Customers on the new post pay will be able to make local calls across all networks and international calls to India, the United States, China and Canada.
Here are the new #KaribuPostPay plans:
Ksh. 1000 gets you 5GB and 400 minutes as well as unlimited SMS
2K 18GB, 1000 minutes
3K 25GB and 1500 minutes
5K unlimited data and 2500 minutes
10K unlimited data and voice data.
The Minutes are to all networks. That's a very welcome initiative to swap minutes for bundles. Many of us have so many post pay minutes you are left wandering how you will ever exhaust them yet they keep on increasing.... Why are postpay rates way better than prepaid rates? Same as subscriptions. A guaranteed and consistent source of revenue. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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i have never seen this for safaricom  SCOM 26.60 9.83% ▼ There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Member Joined: 6/26/2008 Posts: 384
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littledove wrote:i have never seen this for safaricom SCOM 26.60 9.83% ▼ Na bado, infact I think in Africa we are better off. My pension is backed by US-based stocks and I can only call the downward trend in the past 1.5 weeks a massacre.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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littledove wrote:i have never seen this for safaricom SCOM 26.60 9.83% ▼ very good buy Towards the goal of financial freedom
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Rank: Member Joined: 6/1/2017 Posts: 288
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xtina wrote:littledove wrote:i have never seen this for safaricom SCOM 26.60 9.83% ▼ Na bado, infact I think in Africa we are better off. My pension is backed by US-based stocks and I can only call the downward trend in the past 1.5 weeks a massacre. But those shorting the US markets are making A KILLING $$$$  .Bull market climbs a staircase and bear market falls from the window.Massive returns in a short time span.The largest wealth is created in bear markets if you know how to short.More millionaires were made in the 1929 US stock market crash than at any point in US history. Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Ebenyo wrote:littledove wrote:i have never seen this for safaricom SCOM 26.60 9.83% ▼ very good buy Cash is king Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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xtina wrote:littledove wrote:i have never seen this for safaricom SCOM 26.60 9.83% ▼ Na bado, infact I think in Africa we are better off. My pension is backed by US-based stocks and I can only call the downward trend in the past 1.5 weeks a massacre. Tomorrow it may go below 25 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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xtina wrote:littledove wrote:i have never seen this for safaricom SCOM 26.60 9.83% ▼ Na bado, infact I think in Africa we are better off. My pension is backed by US-based stocks and I can only call the downward trend in the past 1.5 weeks a massacre. You must have done very well in the past 10 years. And in USD. Compare DJIA/S&P to NSE20 since 2009. If not for Safaricom, the NSE20 would have been much lower. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://www.the-star.co....-on-coronavirus-menace/
Safaricom Plc's share price on Monday dropped eight per cent by noon, trading at Sh26.35, the lowest level since last May when it sunk to Sh26.80. A spot check on MyStocks at noon showed the telco's share dropping further, with market analysts indicating it could nosedive to Sh20 levels by Friday as global economies shut on coronavirus menace. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 6/26/2008 Posts: 384
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Ericsson wrote:https://www.the-star.co.ke/business/markets/2020-03-09-safaricoms-share-drops-to-10-months-low-on-coronavirus-menace/
Safaricom Plc's share price on Monday dropped eight per cent by noon, trading at Sh26.35, the lowest level since last May when it sunk to Sh26.80.
A spot check on MyStocks at noon showed the telco's share dropping further, with market analysts indicating it could nosedive to Sh20 levels by Friday as global economies shut on coronavirus menace. Dang, 20??  come baby come
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Rank: Member Joined: 6/26/2008 Posts: 384
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VituVingiSana wrote:xtina wrote:littledove wrote:i have never seen this for safaricom SCOM 26.60 9.83% ▼ Na bado, infact I think in Africa we are better off. My pension is backed by US-based stocks and I can only call the downward trend in the past 1.5 weeks a massacre. You must have done very well in the past 10 years. And in USD. Compare DJIA/S&P to NSE20 since 2009. If not for Safaricom, the NSE20 would have been much lower. More like 5 and I am still working. Good thing is it's more of 'paper losses' and USD but it still hurts.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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xtina wrote:Ericsson wrote:https://www.the-star.co.ke/business/markets/2020-03-09-safaricoms-share-drops-to-10-months-low-on-coronavirus-menace/
Safaricom Plc's share price on Monday dropped eight per cent by noon, trading at Sh26.35, the lowest level since last May when it sunk to Sh26.80.
A spot check on MyStocks at noon showed the telco's share dropping further, with market analysts indicating it could nosedive to Sh20 levels by Friday as global economies shut on coronavirus menace. Dang, 20?? come baby come Elliott's wave showed a drop to 14 bob. 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: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Angelica _ann wrote:xtina wrote:Ericsson wrote:https://www.the-star.co.ke/business/markets/2020-03-09-safaricoms-share-drops-to-10-months-low-on-coronavirus-menace/
Safaricom Plc's share price on Monday dropped eight per cent by noon, trading at Sh26.35, the lowest level since last May when it sunk to Sh26.80.
A spot check on MyStocks at noon showed the telco's share dropping further, with market analysts indicating it could nosedive to Sh20 levels by Friday as global economies shut on coronavirus menace. Dang, 20?? come baby come Elliott's wave showed a drop to 14 bob. Come, Baby, Come!!!!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Safaricom FY20 earnings release pre-close conference call is scheduled for Thursday, 19th March while the annual result announcement will be on 29th April. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:Safaricom FY20 earnings release pre-close conference call is scheduled for Thursday, 19th March while the annual result announcement will be on 29th April. What's a "pre-close conference call"? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:Safaricom FY20 earnings release pre-close conference call is scheduled for Thursday, 19th March while the annual result announcement will be on 29th April. What's a "pre-close conference call"? A highlight of the financial performance and strategic moves the company has taken in the course of the current financial year ahead of it's close. Strategic moves e.g disposal of an asset,acquisition. This is done to calm investors nerves Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster.
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Rank: Member Joined: 6/26/2008 Posts: 384
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aemathenge wrote:Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster. It will be very interesting to see how this will work. I remember the Equity card some years back that did not do well. Matatu industry is one hard nut to crack.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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xtina wrote:aemathenge wrote:Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster. It will be very interesting to see how this will work. I remember the Equity card some years back that did not do well. Matatu industry is one hard nut to crack. GoK should not waste a crisis to bring them into line. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:xtina wrote:aemathenge wrote:Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster. It will be very interesting to see how this will work. I remember the Equity card some years back that did not do well. Matatu industry is one hard nut to crack. GoK should not waste a crisis to bring them into line. Mambo ya matatu ni ngumu. Google gave them Beba pay, Bob Collymore gave them My1963 card + free wifi, Master Card rolled out the pre-paid cards through KCB + Equity. All these efforts failed. Nothing has really changed to give the new initiative better chances of success. Life is short. Live passionately.
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