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Safaricon the most EXPENSIVE provider
bartum
#131 Posted : Monday, August 23, 2010 2:15:37 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
qadaffi wrote:
bkismat wrote:
Safcon charge a minimum of 55 shillings for any M Pesa transaction a real cash cow for them as with the recent compulsory registration they will have even gotten more customers. Target that and you hit them very hard. The data penetration is still very little and if they maintain their current pricing structure I doubt whether they will get the numbers they are targeting.


True, the charges are high but in the interests of accuracy, the Ksh 55 as a minimum is not quite true. Sending money to a registered user is 30/- (any amount from 0 to 35,000). Sending to a non registered person would cost you 25/- if amount is less than 2500 and is graduated up to the highest charge of 170/- for sending 20K-35K.

What I usually wonder is why it should even cost more than 3.50 or 5.00 given the fact that SMS uses very little, if any network resources. Even if you were to factor in agent costs, stationery etc, the charges are incredulous.

kwani you expect me as an agent to rent ahouse, a fellow to operate and a float of 70k and cash of 100k and then give me 5.00 per transanction.this is why ZAP will not take off- very small commisions
2012
#132 Posted : Monday, August 23, 2010 5:14:22 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
guru267 wrote:
I really hope every single one of my 250k shares have been sold.... GOOD RIDDANCE!!


Told you to sell a long time ago and you laughed, remember?
I think their books close 2nd Sept. but if you wait till then it will be trading @4.5

BBI will solve it
:)
Fundaah
#133 Posted : Monday, August 23, 2010 5:21:49 PM
Rank: Elder

Joined: 11/19/2008
Posts: 1,267
Scon following the footsteps of the Paka.Sorry people do not invest in shares if you do not have a steel heart.
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
the deal
#134 Posted : Monday, August 23, 2010 5:29:05 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
There's massive support at 5 bob...Contrarian investors time to go for a kill...this is all noise come next year Safcom will be reporting mega profits...
Fundaah
#135 Posted : Monday, August 23, 2010 5:34:17 PM
Rank: Elder

Joined: 11/19/2008
Posts: 1,267
the deal wrote:
There's massive support at 5 bob...Contrarian investors time to go for a kill...this is all noise come next year Safcom will be reporting mega profits...
...
i know your are trying to protect your investment..a sort public relation ....but ...where will they get the mega profits from when all customers have deserted to Zain and YU?.....Uzaaaaaaaaaaa

Using past performance only when making decision is like driving with your eyes fixed at the side mirror....sell and move on.....for.........

Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
...mobile tel sector will never be the same again
Isaiah 65:17-Look! I am creating new heavens and a new earth, and no one will even think about the old ones anymore
bss
#136 Posted : Monday, August 23, 2010 5:47:40 PM
Rank: New-farer

Joined: 8/19/2010
Posts: 49
Location: Nairobi
on the bright side, some other counters may benefit from the divesture...SCOM will seat at the lower Ksh. 5/=. Imagine if Zain also rollout their 3G and offer better prices...



sheep
#137 Posted : Monday, August 23, 2010 6:04:41 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
Ive seen the long lines at zain centres with my own eyes... MJ is obsessed with EBIDTA margins of 45% and above! Yenyewe I thought peculiar kenyans wont walk the talk....1h 2011 will be very interesting
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.
guru267
#138 Posted : Monday, August 23, 2010 7:15:44 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
2012 wrote:
guru267 wrote:
I really hope every single one of my 250k shares have been sold.... GOOD RIDDANCE!!


Told you to sell a long time ago and you laughed, remember?
I think their books close 2nd Sept. but if you wait till then it will be trading @4.5

@2012 don't even dare.... First of all the reasons you gave were nowhere near this.... Safcom was headed higher but we were hit by zain..... Its cool because i know so many fund managers who bought at 6bob starting to activate stop loss on safcom.... But it might find support at these levels but NO WAY its headed significantly higher
Mark 12:29
Deuteronomy 4:16
obiero
#139 Posted : Monday, August 23, 2010 10:41:23 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
scom to scom now at 2bob! CONFIRMED

KQ ABP 4.26
Njung'e
#140 Posted : Tuesday, August 24, 2010 9:02:42 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
One month offer......useless.
Nothing great was ever achieved without enthusiasm.
22 Pages«<1213141516>»
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