obiero wrote:VituVingiSana wrote:obiero wrote:Monk wrote:https://kenyanwallstreet.com/safaricoms-balance-sheet-takes-ksh-111b-hit-as-foreign-exchange-losses-bite/
Facts. With that dividend yield and NBV of KES 5.59, ideally in a functional exchange, it should drop like a hot potato. All that glitters..
Safaricom si KQ
Hehe. Wewe you are addicted to KQ
short-term vs long-term horizons.....
@Obiero Safaricom grows organically; KQ is kept afloat by Gov largess. Between the two, I would bet on the former for the long haul, the current setback in Ethiopia notwithstanding.
I could be wrong, but I think KQ was a short-term speculative play for you... you didn't plan on being locked in this long. No offense intended.