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SCOM on the run again
2012
#131 Posted : Thursday, February 25, 2010 3:43:06 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Checking today's trading it's now super-obvious just how seriously the foreign investors take our stupid politics. Successful opening of parliament and over 27million Safcom shares are traded in one day.

BBI will solve it
:)
Jaguar
#132 Posted : Thursday, February 25, 2010 4:28:18 PM
Rank: Member

Joined: 6/7/2007
Posts: 263
Location: humu humu
@2012, 64.33% of safaricom sellers today were foreigners
sheep
#133 Posted : Friday, February 26, 2010 12:12:28 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
watu watangojea hapa for the whole year! There is a high probability this share has reached its zenith.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
VituVingiSana
#134 Posted : Friday, February 26, 2010 12:27:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
sheep wrote:
watu watangojea hapa for the whole year! There is a high probability this share has reached its zenith.

LOL... I hope not... I stupidly decided to go in @ 5.35 (even though I know it is worth 5/-)... I dont normally speculate but...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#135 Posted : Saturday, February 27, 2010 11:11:44 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
I dont normally speculate but..


@VVS i got into scom heavily (150k shares) at 2.8 in june last year and i,m still holding out simply because i changed my target price from 5 to 7.8 by june this year basing on MJ and JP Morgan saying profits and dividends would surprise...

so instead of bailing out now i'm risking four more months simply so that the multiplier effect of my initial investment can play itself out a bit more...
Mark 12:29
Deuteronomy 4:16
Cardinal
#136 Posted : Saturday, February 27, 2010 11:49:52 AM
Rank: Member

Joined: 5/12/2009
Posts: 266
In just 2 to 3 years, safcom will be at AROUND 30ksh , its the high time i buy this share, more and more.
Focus is all you need and success becomes guaranteed

the deal
#137 Posted : Saturday, February 27, 2010 4:04:45 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Putting ur money in safcom right now...u wont go wrong...wait out april n u will see magic in may when they announce their results...sell ur shares cun div n then hope into the mumias bus...dont forget to eat ur profits,its money u will never make...
VituVingiSana
#138 Posted : Saturday, February 27, 2010 9:32:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
the deal wrote:
Putting ur money in safcom right now...u wont go wrong...wait out april n u will see magic in may when they announce their results...sell ur shares cun div n then hope into the mumias bus...dont forget to eat ur profits,its money u will never make...

What other bet would you like on safcom?
Another lunch?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#139 Posted : Sunday, February 28, 2010 6:28:35 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
Putting ur money in safcom right now...u wont go wrong...wait out april n u will see magic in may when they announce their results...sell ur shares cun div n then hope into the mumias bus...dont forget to eat ur profits,its money u will never make...

@ thedeal you can't be serious. Put money if safaricom for one month, then sell and jump into mumias? You will just end up making your broker 5% richer. The current price (one of the highest at the nse) already factors in your so called 'magic'.
Life is short. Live passionately.
the deal
#140 Posted : Sunday, February 28, 2010 10:55:34 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@ sparkly hehehe thats my game plan/strategy...whats urs? If i fail @least i will know where i went wrong...
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