Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. The exchange bar already spoke on this, in this very same thread
KQ ABP 4.26
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. Good one  I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much.
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Rank: Member Joined: 12/8/2006 Posts: 104
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My 2 cents wrote:Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...up-to-50-percent-3965142
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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passiveinvestor wrote:My 2 cents wrote:Ericsson wrote:[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...p-to-50-percent-3965142[/quote] Why are shareholders worried about the split? They will be SHs of the respective companies. No?
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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My 2 cents wrote:passiveinvestor wrote:My 2 cents wrote:Ericsson wrote:[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...p-to-50-percent-3965142[/quote] Why are shareholders worried about the split? They will be SHs of the respective companies. No? The othe factor is profit decline, last year profit declined by a small margin, this year it is expected to decline further 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: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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littledove wrote:My 2 cents wrote:passiveinvestor wrote:My 2 cents wrote:Ericsson wrote:[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...p-to-50-percent-3965142[/quote] Why are shareholders worried about the split? They will be SHs of the respective companies. No? The othe factor is profit decline, last year profit declined by a small margin, this year it is expected to decline further True. Banks are also taking a nibble at their till business, with zero fee rates!
KQ ABP 4.26
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. 100% correct.... possunt quia posse videntur
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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maka wrote:Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. There is something the market knows that we don't know. 100% correct.... Apparently we now do. It is all the kerfuffle about digital loan fees being regulated to suit the 'hustle' narrative.
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