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SAFARICOM H1 2022-2023 EPS down 10%
My 2 cents
#41 Posted : Wednesday, March 08, 2023 3:44:50 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
mlennyma wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.


Why the sharp fall?


Who knows. I got some today for 20.90
Queen
#42 Posted : Wednesday, March 08, 2023 10:17:13 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
mlennyma wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.


Why the sharp fall?


Perceived government interference.

E.g Ndegwa's tenure is ending and no word yet about tenure extension or appointment of his replacement. All the indications are that somebody is being offered to replace Ndegwa and Vodafone may not be amused with the proposed choice.
gatoho
#43 Posted : Friday, March 10, 2023 5:59:05 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Let me guess, from Nabii’s clan
Foresight..
obiero
#44 Posted : Tuesday, March 14, 2023 10:47:16 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
My 2 cents wrote:
mlennyma wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.


Why the sharp fall?


Who knows. I got some today for 20.90

18.90 sighted as today's low. how low can it go?

KQ ABP 4.26
piedpiper
#45 Posted : Wednesday, March 15, 2023 11:46:18 AM
Rank: New-farer

Joined: 8/21/2017
Posts: 54
Down to 18.00...I now regret buying at 20.90 Laughing out loudly
Life is a beach and I'm just playing in the sand
Sufficiently Philanga....thropic
#46 Posted : Wednesday, March 15, 2023 1:36:54 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli

Unbelievable!
The more the foreigners sell, the more the shilling fallsPray
@SufficientlyP
Sufficiently Philanga....thropic
#47 Posted : Wednesday, March 15, 2023 1:48:51 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Should the FED stay hawkish(continuous rate hikes), then NSE should consider initiating a circuit breaker when the stock falls below 5% of its previous price!
BTW, Scom is trading cum div and will be ex tomorrow. Your guess is as good as mine.
@SufficientlyP
mlennyma
#48 Posted : Wednesday, March 15, 2023 2:35:47 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Sufficiently Philanga....thropic wrote:

Unbelievable!
The more the foreigners sell, the more the shilling fallsPray


Could be signs of economy collapse with the new guys pushing to increase borrowing ceiling
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#49 Posted : Wednesday, March 15, 2023 3:12:36 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
mlennyma wrote:
Sufficiently Philanga....thropic wrote:

Unbelievable!
The more the foreigners sell, the more the shilling fallsPray


Could be signs of economy collapse with the new guys pushing to increase borrowing ceiling

The volume action today suggests that we will see KES 16 before end of next week. However the dip is not supported by any significant change in company fundamentals. It's a buy at KES 17

KQ ABP 4.26
Extraterrestrial
#50 Posted : Wednesday, March 15, 2023 3:18:14 PM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
Sufficiently Philanga....thropic wrote:
Should the FED stay hawkish(continuous rate hikes), then NSE should consider initiating a circuit breaker when the stock falls below 5% of its previous price!
BTW, Scom is trading cum div and will be ex tomorrow. Your guess is as good as mine.


This is quite a fatuous suggestion. It will simply reduce liquidity, which is the only fire still flickering at the NSE.
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