hisah wrote:10/- will likely be tested tomorrow. But maintaining that level will need impressive PBT as well as a div pay hike to 40cts or more as well as rosy mgmt guideline outlook esp on cashflow.
My PBT expectation is 15 - 20% growth (H1 10% and H2 20%) as well as EPS for full year. For H1 I'll be scanning revenues and mpesa growth plus its spinned product mshwari. Mbenki by kcb will be captured in H2. Btw H2 is usually stronger than H1.
Safaricom is now a super brand, the most
highly capitalized stock with much leg room
for growth, the toast of foreigners. While
locals are selling foreigners including my tiny
self are taking positions for long term benefits.
You will see Mpesa at 10 this year, 15 in
2014 and even more growth a few years after.
It is a counter you can buy and go to sleep
at least in the next 3 years whether in terms of
income for long termers or capital gain for
speculators.
My advise to speculators is do not
jump ship fast, realise the full potentials
before taking profits, a bountiful one.
It will be interesting within 2 years to go
from say 5 bob in early 2013 to 15 bob in
late 2014 than to jump now from 5 to 9.7
You guys are always in a hurry to take
profits , the typical wananchi way to jump
to another counter.