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Safaricom FY 2016 results net profit up 19.6%
Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa
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Pesa Nane wrote:Ericsson wrote:@Pesa Nane Safaricom record date is September 2 2016. If you sell your shares on that trading day you will not get the dividends. The register is normally collected after 3pm when mkt closes If you sell on september 3 then you will get the dividends Sell, sell, sell!!! is the word. What was I thinking?. Friday Manenos. You are right. No div for you. Thank you
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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my thought on the chart criticism and opinions are highly welcomed STATEMENT DISCLAIMER This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:my thought on the chart criticism and opinions are highly welcomed STATEMENT DISCLAIMER This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis My target has been 23. Once we get there then I'll evaluate the right side of the cartoon again on the direction and targets.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 1/20/2014 Posts: 3,528
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http://www.businessdaily...35572-151wlbb/index.htmlFormal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Safaricom is set to bill the government Sh9.2 billion for construction of the communication and surveillance system for the National Police Service. The payment is to be spread over the next five years, with the amounts set to be booked as revenue. Safaricom said the Sh9.2 billion revenue is based on percentage of completion, indicating that it could bill the government to the tune of Sh10 billion once the project is complete. “The percentage of completion is determined based on work done compared to the estimated costs to completion,” the report reads. Safaricom also noted in the report that no profit or loss has been recognised as none is deemed at this point. http://www.nation.co.ke/...40054-dfrejcz/index.html"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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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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sparkly wrote:Chaka wrote:watesh wrote:Those of use who left at 18 before knowing the special dividend can only watch from the sidelines. I wonder what Kirubi feels after he dumped Safaricom 5.5 million shares at Ksh7 in 2013 and jumped into KCB at 45 I once saw the guy being interviewed on TV where he called himself a smart investor? If there is one area you cannot criticize the DJ is on how to pick his investments. Did you mean "how to shaft investors?" Because DJ gets somewhere with majority shareholding and manipulates the investments/stocks/company/business and when he leaves reality checks in. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Boris Boyka wrote:sparkly wrote:Chaka wrote:watesh wrote:Those of use who left at 18 before knowing the special dividend can only watch from the sidelines. I wonder what Kirubi feels after he dumped Safaricom 5.5 million shares at Ksh7 in 2013 and jumped into KCB at 45 I once saw the guy being interviewed on TV where he called himself a smart investor? If there is one area you cannot criticize the DJ is on how to pick his investments. Did you mean "how to shaft investors?" Because DJ gets somewhere with majority shareholding and manipulates the investments/stocks/company/business and when he leaves reality checks in. You may hate the devil but have to give him his dues. DJ started out with nothing but has ended up a billionaire. He has also turned people who have worked with him like Mworia and Owino into millionaires and those who invested with him in UAP and Centum 10 fold richer. Life is short. Live passionately.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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sparkly wrote:Boris Boyka wrote:sparkly wrote:Chaka wrote:watesh wrote:Those of use who left at 18 before knowing the special dividend can only watch from the sidelines. I wonder what Kirubi feels after he dumped Safaricom 5.5 million shares at Ksh7 in 2013 and jumped into KCB at 45 I once saw the guy being interviewed on TV where he called himself a smart investor? If there is one area you cannot criticize the DJ is on how to pick his investments. Did you mean "how to shaft investors?" Because DJ gets somewhere with majority shareholding and manipulates the investments/stocks/company/business and when he leaves reality checks in. You may hate the devil but have to give him his dues. DJ started out with nothing but has ended up a billionaire. What are the initial Sources of his money/capital?Was he involved in looting from known firms? He has also turned people who have worked with him like Mworia and Owino into millionaires and those who invested with him in UAP and Centum 10 fold richer. Has he turned millionaires into thousandnaires? How many Wanjiku have gotten burnt in those firms? Anyway he makes money where he goes and some fellows benefit with him while others are left holding feathers. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 6/23/2009 Posts: 13,548 Location: nairobi
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Boris Boyka wrote:sparkly wrote:Boris Boyka wrote:sparkly wrote:Chaka wrote:watesh wrote:Those of use who left at 18 before knowing the special dividend can only watch from the sidelines. I wonder what Kirubi feels after he dumped Safaricom 5.5 million shares at Ksh7 in 2013 and jumped into KCB at 45 I once saw the guy being interviewed on TV where he called himself a smart investor? If there is one area you cannot criticize the DJ is on how to pick his investments. Did you mean "how to shaft investors?" Because DJ gets somewhere with majority shareholding and manipulates the investments/stocks/company/business and when he leaves reality checks in. You may hate the devil but have to give him his dues. DJ started out with nothing but has ended up a billionaire. What are the initial Sources of his money/capital?Was he involved in looting from known firms? He has also turned people who have worked with him like Mworia and Owino into millionaires and those who invested with him in UAP and Centum 10 fold richer. Has he turned millionaires into thousandnaires? How many Wanjiku have gotten burnt in those firms? Anyway he makes money where he goes and some fellows benefit with him while others are left holding feathers. I shall benefit with him on KQ. Time will proove HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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Am I crazy to have added at 19.8? Been thinking each high from 7 was the ceiling and lost out. With a prior average of 5.5 guess can afford to delve in, and with longterm and dividends in mind, will buy till my average is 13 Foresight..
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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gatoho wrote:Am I crazy to have added at 19.8? Been thinking each high from 7 was the ceiling and lost out. With a prior average of 5.5 guess can afford to delve in, and with longterm and dividends in mind, will buy till my average is 13 You are doing well gatoho.You should have waited for book closure on 2nd sept to add more.Im sure the price will come down. My current average buying price is kshs 16.60.My current target purchase price is kshs 14.00.I will wait untill i see it. Towards the goal of financial freedom
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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Ebenyo wrote:gatoho wrote:Am I crazy to have added at 19.8? Been thinking each high from 7 was the ceiling and lost out. With a prior average of 5.5 guess can afford to delve in, and with longterm and dividends in mind, will buy till my average is 13 You are doing well gatoho.You should have waited for book closure on 2nd sept to add more.Im sure the price will come down. My current average buying price is kshs 16.60.My current target purchase price is kshs 14.00.I will wait untill i see it. You might wait for a long time, figured will be hard for it to fall that much as the beat recedes. Whenever I get funds will keep adding including after book closure. Ikianguka, fine, if not am still good Foresight..
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Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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gatoho wrote:Ebenyo wrote:gatoho wrote:Am I crazy to have added at 19.8? Been thinking each high from 7 was the ceiling and lost out. With a prior average of 5.5 guess can afford to delve in, and with longterm and dividends in mind, will buy till my average is 13 You are doing well gatoho.You should have waited for book closure on 2nd sept to add more.Im sure the price will come down. My current average buying price is kshs 16.60.My current target purchase price is kshs 14.00.I will wait untill i see it. You might wait for a long time, figured will be hard for it to fall that much as the beat recedes. Whenever I get funds will keep adding including after book closure. Ikianguka, fine, if not am still good That special dividend excited the market, i would rather wait to see what happens after book closure
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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The pullback was shallow and on thin volumes just enough to dry supply at 21 “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Woii I revise my price to an average of ksh.17-18 per share ex-dividend. 15 itakuwa ngorii Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Nobody sees the bank shift to mpesa bank. Buy this bus! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Ericsson wrote:Woii I revise my price to an average of ksh.17-18 per share ex-dividend. 15 itakuwa ngorii I am also confused..The share might surprise ex div The dip might be insignificantly shallow And HY is always 2 months away...Significant volumes traded at 17-18.50. RSI has stayed above 65!!! “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,548 Location: nairobi
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Metasploit wrote:Ericsson wrote:Woii I revise my price to an average of ksh.17-18 per share ex-dividend. 15 itakuwa ngorii I am also confused..The share might surprise ex div The dip might be insignificantly shallow And HY is always 2 months away...Significant volumes traded at 17-18.50. RSI has stayed above 65!!! Pesalink by KBA will unstabilise this green monster HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:Woii I revise my price to an average of ksh.17-18 per share ex-dividend. 15 itakuwa ngorii @ericsson,whats your current abp? i will also see how things goes between book closure and fy 16 announcement,thats roughly between 1st september 2016 to 30th aprill 2017.I might consider to increase my current abp of 16.60 to 17.60 if i buy at 15.60 or 16.60. Towards the goal of financial freedom
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Hating on safaricom: 1. Wanjiku carried the pregnancy and bore the child (IPO and refund saga) 2. Wanjiku nurtured the child through hardship (Stagnant share price coupled with very low dividends to earn all of the 85Bn in retained earning) 3. Wanjiku got bought off on the cheap by the fat cats (HNW investors, Foreigners, Institutions) 4. Fat cats pumped the price and invaded the cookie jar (awarded themselves Super High dividends + a forced SPECIAL dividend) - Wanjiku's blood, sweat and labour over the years 5. Fat cats are now planning to hand over the emaciated stock back to Wanjiku at a princely sum for another cycle. Disclaimer: I sold my holding at a good profit BUT at a paltry Ksh. 4.10 Pesa Nane plans to be shilingi when he grows up.
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Safaricom FY 2016 results net profit up 19.6%
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