Wazua
»
Investor
»
Stocks
»
Safcom touches 3.60
Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
|
whats up with safcom...demand is like 10 times the supply!!!
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
|
Seems Safaricom which has been criticizing Airtel about outsourcing to IBM, etc has engaged an Indian [not Kenyan] firm to provide Value Added Services http://www.nation.co.ke/...68/-/i8eano/-/index.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
[quote=VituVingiSana]Seems Safaricom which has been criticizing Airtel about outsourcing to IBM, etc has engaged an Indian [not Kenyan] firm to provide Value Added Services http://www.nation.co.ke/...8/-/i8eano/-/index.html[/quote] Hmm. Jamani, what do you have to say about this? GOD BLESS YOUR LIFE
|
|
|
Rank: New-farer Joined: 6/3/2010 Posts: 96
|
would advise everyone never to get emotional about business....it is just business let never ever lie to you they care about anything else other than the cash they get as directors or as shareholders of the company...if you employees or suppliers or Govt happen to benefit in the process well and good but always remember the fundamental driver...
|
|
|
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
|
[quote=VituVingiSana]Seems Safaricom which has been criticizing Airtel about outsourcing to IBM, etc has engaged an Indian [not Kenyan] firm to provide Value Added Services http://www.nation.co.ke/...8/-/i8eano/-/index.html[/quote] I dont think that is outsourcing of services....its a value adding service that will be charged just like Facebook,twitter or any other application that we normally use.Its not like we have local companies offering such a service. I think partnering with world class companies to offer value addition to their network is commendable....It about time they think outside the box. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
|
selah wrote:[quote=VituVingiSana]Seems Safaricom which has been criticizing Airtel about outsourcing to IBM, etc has engaged an Indian [not Kenyan] firm to provide Value Added Services http://www.nation.co.ke/...8/-/i8eano/-/index.html[/quote] I dont think that is outsourcing of services....its a value adding service that will be charged just like Facebook,twitter or any other application that we normally use.Its not like we have local companies offering such a service. I think partnering with world class companies to offer value addition to their network is commendable....It about time they think outside the box. So I take it IBM is not a world-class firm? [Or some doublespeak here? Is kalonzo in the house???] BTW, facebook & twitter are free services. However they make money, they do not charge you directly. Also, why not encourage local VAS services [apart from SMS lotteries?]...??? There are local artistes coz not all of us want bollywood songs [I admit they can be catchy. Even taraab songs are sung to those tunes] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 7/31/2007 Posts: 341
|
@VVS The difference between the two is that nobody at Safcom has been forced to sign a new contract because his job has been outsourced to India. Safcom has simply purchased value added services which as far as i know no Kenyan company is currently providing...
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
|
chris79 wrote:@VVS The difference between the two is that nobody at Safcom has been forced to sign a new contract because his job has been outsourced to India. Safcom has simply purchased value added services which as far as i know no Kenyan company is currently providing... I was not aware that the jobs were outsourced to India but outsourced to Mara Group of Uganda... Erm, not having a local VAS firm is probably the same as outsourcing... Also seems many of the top managers, CEO & Board of Safaricom are... roll drum... not Kenyan! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 7/31/2007 Posts: 341
|
[/quote]
Also seems many of the top managers, CEO & Board of Safaricom are... roll drum... not Kenyan!
[/quote]
A little bit of research wouldn't hurt Mr. VVS. Apart from Bob Collymore and Christopher Tiffin who have been seconded by Vodacom, all the other members of the safcom ExCom are indigenous Kenyans...
|
|
|
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
|
@VVS Safaricom has Skiza that promotes Local artist in a big way We have also Kenya live I cant emphasize how this has helped a lot of our local artist grow. When we talk of out sourcing I believe is taking non core services to a third party hence saving the cost of doing the same. This collaboration has actually done the opposite it has brought in a company whose services were not previously offered by saf to enhance its services,and further more this service will greatly benefit the local artist given that this company will be paying a lot of loyalties for the music mixed. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
I have always wondered why Equity bank and Safaricom invoke a lot of emotive discussions. I think I'll use it in my Socio-economic project. Just like Google and Apple in the US... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
|
Also seems many of the top managers, CEO & Board of Safaricom are... roll drum... not Kenyan! [/quote] A little bit of research wouldn't hurt Mr. VVS. Apart from Bob Collymore and Christopher Tiffin who have been seconded by Vodacom, all the other members of the safcom ExCom are indigenous Kenyans...[/quote] Well, let me think... what are the top 2 positions in the firm? BTW, how many Board Members? How many Kenyans? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 7/31/2007 Posts: 341
|
[/quote] Well, let me think... what are the top 2 positions in the firm? BTW, how many Board Members? How many Kenyans? [/quote] www.safaricom.co.ke/index.php?id=457. Count for yourself, keeping in mind the 1 director per 10% ownership rule. And now I have a question for you, how many Kenyans in Airtel board of directors? How many Kenyans in the ExCom?
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
|
LOLest! So Cement Price Wars are a-ok? Fuel Price wars are ok? http://www.businessdaily...4/-/2h8kxr/-/index.html
But not the super-high margin telcom price wars? Bure kabisa! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,215 Location: Nairobi
|
Well, let me think... what are the top 2 positions in the firm? BTW, how many Board Members? How many Kenyans? [/quote] www.safaricom.co.ke/index.php?id=457. Count for yourself, keeping in mind the 1 director per 10% ownership rule. And now I have a question for you, how many Kenyans in Airtel board of directors? How many Kenyans in the ExCom?[/quote]Since I don't work for Airtel nor do I use the excuse that Airtel's price cuts will cause a loss of Kenyan jobs! BTW, what does Bob + Tiffin make? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,763 Location: nairobi
|
mlennyma wrote:You will die and leave safcom at the bourse....those co-ordinating your send off will be using safcom network,doesnt matter when. Hahahaha. This comment is too funny. lol
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
|
|
|
Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
|
2 sillings is a good place to buy this stock The Governor of Nyeri - 2017
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
Wa_ithaka wrote:2 sillings is a good place to buy this stock But will it ever get there 2-bob? The demand is so high at 3.5 Maybe in 2012 if we have similar incidents as we did in 07
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
obiero wrote:mlennyma wrote:You will die and leave safcom at the bourse....those co-ordinating your send off will be using safcom network,doesnt matter when. Hahahaha. This comment is too funny. lol can't help but laugh, and its so funny coz its true Life is short. Live passionately.
|
|
|
Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
|
Jamani wrote:Wa_ithaka wrote:2 sillings is a good place to buy this stock But will it ever get there 2-bob? The demand is so high at 3.5 Maybe in 2012 if we have similar incidents as we did in 07 Jamani was talking about how much I think its worth. It used to charge Ksh8 when it was around ksh5, it is now charging between 3-4 on average hence price has to go to the same level. That storro of data revenue is fake. Safcom earns 84% revenue from data The Governor of Nyeri - 2017
|
|
|
Wazua
»
Investor
»
Stocks
»
Safcom touches 3.60
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|