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Safaricom HY2013 Profit before tax up 113%
dunkang
#21 Posted : Thursday, November 08, 2012 4:21:24 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
If you missed the live stream, download the presentation in .pdf here;

http://t.co/BL8Y4Jgb
Receive with simplicity everything that happens to you.” ― Rashi

digitek1
#22 Posted : Thursday, November 08, 2012 4:37:40 PM
Rank: Veteran


Joined: 2/3/2010
Posts: 1,797
Location: Kenya
Any mention of reverse split
I may be wrong..but then I could be right
simonmusee
#23 Posted : Thursday, November 08, 2012 5:49:23 PM
Rank: Hello


Joined: 7/5/2012
Posts: 5
i think safcm z doing good. with 113% increase in profit wah!
Suspended Account
#24 Posted : Thursday, November 08, 2012 5:55:03 PM
Rank: New-farer


Joined: 11/5/2012
Posts: 13
Safaricom posts Sh7.8 billion half year profit

img]http://www.nation.co.ke/image/view/-/1615160/medRes/422553/-/maxw/600/-/y68fviz/-/collymore.jpg[/img]

Safaricom's total revenue grew by 19 per cent to Sh59 million

Telecom firm has rebounded to post a 94 per cent jump in after tax profits in its half-year profits driven by a growing customer base, easing inflation and a stable exchange rate.

Safaricom on Thursday reported Sh7.8 billion in profits, significantly higher than Sh4 billion made during a similar period last year.

“We are relieved to have recovered from the damaging price wars. We are now focusing on customer growth,” said Safaricom CEO Bob Collymore.

More
gatoho
#25 Posted : Thursday, November 08, 2012 5:58:29 PM
Rank: Member


Joined: 1/1/2010
Posts: 511
Location: kandara, Murang'a
lol Suspendend Ac, QW?
Foresight..
Wakandi
#26 Posted : Thursday, November 08, 2012 6:33:09 PM
Rank: Member


Joined: 2/5/2007
Posts: 332
Really?
Suspended Account wrote:
Safaricom posts Sh7.8 billion half year profit

img]http://www.nation.co.ke/image/view/-/1615160/medRes/422553/-/maxw/600/-/y68fviz/-/collymore.jpg[/img]

Safaricom's total revenue grew by 19 per cent to Sh59 million
Telecom firm has rebounded to post a 94 per cent jump in after tax profits in its half-year profits driven by a growing customer base, easing inflation and a stable exchange rate.

Safaricom on Thursday reported Sh7.8 billion in profits, significantly higher than Sh4 billion made during a similar period last year.

“We are relieved to have recovered from the damaging price wars. We are now focusing on customer growth,” said Safaricom CEO Bob Collymore.

More

DtheK
#27 Posted : Thursday, November 08, 2012 6:38:59 PM
Rank: Member


Joined: 2/15/2010
Posts: 133
Location: Kenya
digitek1 wrote:
Any mention of reverse split

I think it's Complicated and doen't add value
guru267
#28 Posted : Thursday, November 08, 2012 8:25:06 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
digitek1 wrote:
Any mention of reverse split


Reverse splits are illegal in Kenya!
Mark 12:29
Deuteronomy 4:16
maka
#29 Posted : Thursday, November 08, 2012 9:04:02 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
guru267 wrote:
digitek1 wrote:
Any mention of reverse split


Reverse splits are illegal in Kenya!

@DtheK who said it doesnt add value?@guru I dont think illegal is the right term to use...
possunt quia posse videntur
murchr
#30 Posted : Friday, November 09, 2012 3:28:58 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Wakandi wrote:
Really?
Suspended Account wrote:
Safaricom posts Sh7.8 billion half year profit

img]http://www.nation.co.ke/image/view/-/1615160/medRes/422553/-/maxw/600/-/y68fviz/-/collymore.jpg[/img]

Safaricom's total revenue grew by 19 per cent to Sh59 million
Telecom firm has rebounded to post a 94 per cent jump in after tax profits in its half-year profits driven by a growing customer base, easing inflation and a stable exchange rate.

Safaricom on Thursday reported Sh7.8 billion in profits, significantly higher than Sh4 billion made during a similar period last year.

“We are relieved to have recovered from the damaging price wars. We are now focusing on customer growth,” said Safaricom CEO Bob Collymore.

More



This ones sounds so much like QW Laughing out loudly Laughing out loudly Laughing out loudly
"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
.
the deal
#31 Posted : Friday, November 09, 2012 9:22:15 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Below par if you compare H1 2013 to H2 2012.
2012
#32 Posted : Friday, November 09, 2012 9:37:09 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
This is good for scom but to be honest I can't see this lasting into the future unless they come up with other revolutionary products like Mpesa. Right now they are the most expensive network, all the other operators and independent companies have their own 'mpesa', they are losing technical personel. I just can't see this very bright future yet but it's probably just me.

BBI will solve it
:)
ekahindi
#33 Posted : Friday, November 09, 2012 10:14:45 AM
Rank: New-farer


Joined: 5/8/2011
Posts: 45
something new is coming up soon
Sufficiently Philanga....thropic
#34 Posted : Friday, November 09, 2012 10:23:20 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
ekahindi wrote:
something new is coming up soon

Rinkie?
@SufficientlyP
Pesa Nane
#35 Posted : Friday, November 09, 2012 10:50:37 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
2012 wrote:
This is good for scom but to be honest I can't see this lasting into the future unless they come up with other revolutionary products like Mpesa. Right now they are the most expensive network, all the other operators and independent companies have their own 'mpesa', they are losing technical personel. I just can't see this very bright future yet but it's probably just me.


Seconded!! Iam also celebrating Laughing out loudly but a model based singularly on over-pricing to make profit is not sustainable. Being pioneers, with widest coverage, biggest market share etc they should be beating competing to submission on pricing and still manage profits. Innovation, innovation, innovation!!
Pesa Nane plans to be shilingi when he grows up.
dunkang
#36 Posted : Friday, November 09, 2012 11:31:38 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Pesa Nane wrote:

Seconded!! Iam also celebrating Laughing out loudly but a model based singularly on over-pricing to make profit is not sustainable. Being pioneers, with widest coverage, biggest market share etc they should be beating competing to submission on pricing and still manage profits. Innovation, innovation, innovation!!


OVERPRICING? Think again friend.

If the right price is what orange i charging, then, they will not be running to government for bailouts.

If the right price is what yu and airtel are charging, then they would atleast declared a profit since they started operations in Kenya.

If you safaricom overcharges its clients, then compare its prices with all other networks in East Africa (MTN, Tigo, Vodacom, etc). Kenyans enjoy the cheapest rates in East Africa.

If you feel exploited by their prepaid services, then join POSTPAY1000 or POSTPAY 2500 and enjoy calls, sms and data at truelu LOW COST in SAFCOM.

[For Safcom Postpay1000 bundle you get 900 on-net minutes, 100 off-net minutes, 100 sms and 100MB data per month for 1000/-]
Receive with simplicity everything that happens to you.” ― Rashi

hisah
#37 Posted : Friday, November 09, 2012 11:47:04 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Watching the bids build up. I'm interested in the large bids like the 13M @4.55/- The next support level is being raised from 4/- to 4.50/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#38 Posted : Friday, November 09, 2012 11:51:41 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
hisah wrote:
Watching the bids build up. I'm interested in the large bids like the 13M @4.55/- The next support level is being raised from 4/- to 4.50/-

If the 2million offer is taken up, then 5bob we shall truly see today. We came soo close at market open to that figure!
@SufficientlyP
Impunity
#39 Posted : Friday, November 09, 2012 12:42:40 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
wilyum wrote:
di i hear PAT @11.5B?


Hear instead BEFORE.

smile
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

hisah
#40 Posted : Friday, November 09, 2012 1:34:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
the deal wrote:
Below par if you compare H1 2013 to H2 2012.

H2 results are mostly stronger for Scom. H2 2012 vs H2 2013 will confirm if recovery is intact as we head to 2014.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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