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Safaricom HY2013 Profit before tax up 113%
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Shoulder to shoulder with Sukari aka Mumias @SufficientlyP
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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imagine the thousands of kenyans who cannot wait to recover their money invested during the IPO... ...so u can imagine the volumes unlocking every time it goes past 5. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16 - 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Sufficiently Philanga....thropic wrote:Safaricom is officially back on safari Trading at 5.05! Is a 6/- being foreseen? Factoring in XMass season around the corner?
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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ProverB wrote:imagine the thousands of kenyans who cannot wait to recover their money invested during the IPO... ...so u can imagine the volumes unlocking every time it goes past 5. It would be interesting to see if the foreigners aka "The London boys" will remain in the vuy side in the remaining 3months to elections. If they do, and the political climate remains stable,then 5 might be our new base. Also hoping the Mshwari isnt another Mkesho! @SufficientlyP
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Rank: Member Joined: 3/26/2012 Posts: 830
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ProverB wrote:imagine the thousands of kenyans who cannot wait to recover their money invested during the IPO... ...so u can imagine the volumes unlocking every time it goes past 5. The average kenyan who bought at IPO cashed out one year after listing.I am double sure there are very few wanjikus who bought at IPO still have their shares.Those that do are the wealthy who bought and forgot about them.I have a neighbour who bought 1 million shares and never sold. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Mukiri wrote:Sufficiently Philanga....thropic wrote:Safaricom is officially back on safari Trading at 5.05! Is a 6/- being foreseen? Factoring in XMass season around the corner? That remains a target for now! @SufficientlyP
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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S.Mutaga III wrote:ProverB wrote:imagine the thousands of kenyans who cannot wait to recover their money invested during the IPO... ...so u can imagine the volumes unlocking every time it goes past 5. The average kenyan who bought at IPO cashed out one year after listing.I am double sure there are very few wanjikus who bought at IPO still have their shares.Those that do are the wealthy who bought and forgot about them.I have a neighbour who bought 1 million shares and never sold. dude..i was working in a brokerage firm then...joint holding of all clients on safcom is currently at slightly above 17million..ipo buys still held...collective ipo buys thro the broker were 19.7million... ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16 - 1769 Oxford King James Bible 'Authorized Version
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Mukiri wrote: Is a 6/- being foreseen? Factoring in XMass season around the corner? I am a strong believer in safcom fundamentals but i dont believe that this stock can rise above 6/- and stay there. This am convinced becoz of the HUGE number of shareholders (Note: not shares but shareholders) most with less than 20,000 shares. This investors take profits after every 20cts price rise and panic sell to any news or rumour without research on effects of the news item (enriching brokers than themselves in the long run). (Be informed: Safcom is 48pc of my portfolio and my average buy price is 3.162/-.) Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:VWAP @5/- Large volume day with 76M shares traded with a turnover of 383M. Foreign trade turnover ended net buy (374M vs 321M). This week will confirm if accumulation trade or distribution trade will win. If a win 5/- handle will be defended. Week closes with 5/- handle defended in a week that mpesa bank saw heavy volume as well as the previous week.
EABL too looks poised to smash past 300/- in coming weeks as accumulation gains momentum.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 10/26/2012 Posts: 136
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dunkang wrote:Mukiri wrote: Is a 6/- being foreseen? Factoring in XMass season around the corner? I am a strong believer in safcom fundamentals but i dont believe that this stock can rise above 6/- and stay there. This am convinced becoz of the HUGE number of shareholders (Note: not shares but shareholders) most with less than 20,000 shares. This investors take profits after every 20cts price rise and panic sell to any news or rumour without research on effects of the news item (enriching brokers than themselves in the long run). (Be informed: Safcom is 48pc of my portfolio and my average buy price is 3.162/-.) I own only 6000 shares of which i 2000 at 2.80. I don't panic sell though if Safcom exists 10 yrs from now and is worth my average price or a shilling more I'll still hold on ...let inflation do its job and all shares will add face value, even if not real value
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Rank: Member Joined: 10/26/2012 Posts: 136
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If Safcom goes to 4 bob I will round of to 10000
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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dunkang wrote:Mukiri wrote: Is a 6/- being foreseen? Factoring in XMass season around the corner? I am a strong believer in safcom fundamentals but i dont believe that this stock can rise above 6/- and stay there. This am convinced becoz of the HUGE number of shareholders (Note: not shares but shareholders) most with less than 20,000 shares. This investors take profits after every 20cts price rise and panic sell to any news or rumour without research on effects of the news item (enriching brokers than themselves in the long run). (Be informed: Safcom is 48pc of my portfolio and my average buy price is 3.162/-.) This is a man talking! Boss, I want to offload and get into another bus, so is it 6 or the previous peak 5.30?
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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Ati chritmsas will make safaricom go up up up! That is Phd material, ebu expound. A New Kenya
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Rank: New-farer Joined: 11/12/2012 Posts: 92
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the race has already been ran...ndio mnaingia?
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Much Know wrote:Ati chritmsas will make safaricom go up up up! That is Phd material, ebu expound. Mmm? Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/6/2008 Posts: 3,548
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Pesa Nane wrote:[quote=Much Know]Ati chritmsas will make safaricom go up up up! That is Phd material, ebu expound. Mmm? [/quote Christmas A New Kenya
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Interesting facts about the KE digital age brought about by mobile phone - http://blogs.worldbank.o...frontier-of-development
Quote:This year, they used cellphone-enabled tablets to collect data on food security and market prices. Such high frequency, real-time data has never been available before. It is already revolutionizing how policy makers can identify problems and bring timely solutions. As Marcelo Giugale of the World Bank puts it: High-frequency data has the potential to do “to economics what genetics did to medicine”.
Third, the explosion in mobile phone and internet leaves behind ‘digital traces’ of human behavior which can help to better understand development challenges. For example, recent research by Harvard scientists using Kenya data, published in Science last month, shows how mobile phone data (tracking people’s movements) can be used to trace the spread of malaria. By conducting such monitoring in real-time, officials could for example send text message warnings to people travelling in high-risk areas and pre-position testing equipment and drugs. There are many other examples of such use of ‘big data’ for economic, social and policy purposes. Google has demonstrated how search data can predict dengue breakouts in Brazil, India and Indonesia by monitoring how people search for dengue-related topics and symptoms. In Indonesia, the UN Global Pulse and a research firm used Twitter data to monitor food prices with surprising accuracy, finding that the way people spoke about rice on Twitter could be correlated with the actual market price of rice. As internet use in Africa, large amounts of digital traces will be available and useful for monitoring and tackling social problems also here. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,555 Location: nairobi
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mazingira wrote:If Safcom goes to 4 bob I will round of to 10000 mazingira has very few shares. at one point i held 208,200 HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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obiero wrote:mazingira wrote:If Safcom goes to 4 bob I will round of to 10000 mazingira has very few shares. at one point i held 208,200 mazingira has very few shares. at one point i held 208,200.... but do i say
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Dyer & Blair demand = 19353300 supply = 6832200. This counter might print a 6/- "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Safaricom HY2013 Profit before tax up 113%
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