Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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After dividend closure date it will probably drop again. Waiting to catch it then. Too bad the closure date is unknown.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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My 2 cents wrote:After dividend closure date it will probably drop again. Waiting to catch it then. Too bad the closure date is unknown. Dividend book closure is between 27-29 July 2022 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Sufficiently Philanga....thropic wrote:Scom prints sub 24 and currently flirting with corona lows. One can grab it at 23 and sell in the relief rally that will start today afternoon/tomorrow morning into Friday! SELL AT 29.45@SufficientlyP
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Scom prints sub 24 and currently flirting with corona lows. One can grab it at 23 and sell in the relief rally that will start today afternoon/tomorrow morning into Friday! SELL AT 29.45 Unlikely to go back to ksh.23 levels Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Ericsson wrote:Sufficiently Philanga....thropic wrote:Sufficiently Philanga....thropic wrote:Scom prints sub 24 and currently flirting with corona lows. One can grab it at 23 and sell in the relief rally that will start today afternoon/tomorrow morning into Friday! SELL AT 29.45 Unlikely to go back to ksh.23 levels Am up 30% from the few that I got at 23. Unfortunately I did not have liquidity on the day - KCB dividends had not come through.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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The journey southwards resumes tomorrow! @SufficientlyP
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Sufficiently Philanga....thropic wrote:The journey southwards resumes tomorrow! It will hold at 30s and above Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Am buying hand over fist for prices sub-29
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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My 2 cents wrote:Am buying hand over fist for prices sub-29 You are banking on success in Ethiopia venture? Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Ericsson wrote:My 2 cents wrote:Am buying hand over fist for prices sub-29 You are banking on success in Ethiopia venture? Indeed. Also I am banking on international investors eventually coming back. And Safcom is all they buy.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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My 2 cents wrote:It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. The exchange bar already spoke on this, in this very same thread 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: 6/2/2010 Posts: 1,066
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Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much.
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Rank: Member Joined: 12/8/2006 Posts: 104
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My 2 cents wrote:Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...up-to-50-percent-3965142
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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passiveinvestor wrote:My 2 cents wrote:Ericsson wrote:[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...p-to-50-percent-3965142[/quote] Why are shareholders worried about the split? They will be SHs of the respective companies. No?
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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My 2 cents wrote:passiveinvestor wrote:My 2 cents wrote:Ericsson wrote:[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...p-to-50-percent-3965142[/quote] Why are shareholders worried about the split? They will be SHs of the respective companies. No? The othe factor is profit decline, last year profit declined by a small margin, this year it is expected to decline further There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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littledove wrote:My 2 cents wrote:passiveinvestor wrote:My 2 cents wrote:Ericsson wrote:[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. Good one I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much. I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA. https://www.businessdail...p-to-50-percent-3965142[/quote] Why are shareholders worried about the split? They will be SHs of the respective companies. No? The othe factor is profit decline, last year profit declined by a small margin, this year it is expected to decline further True. Banks are also taking a nibble at their till business, with zero fee rates! HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. 100% correct.... possunt quia posse videntur
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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maka wrote:Ericsson wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'. Safaricom at current price, sub-26 is a gift. As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash. I wish I had more ammo. There is something the market knows that we don't know. 100% correct.... Apparently we now do. It is all the kerfuffle about digital loan fees being regulated to suit the 'hustle' narrative.
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