We need the small & the large... Or a market we do not make!

Safaricom is no Google... LOL... My G-Mail is free. I get free sms from G-mail to Safaricom (not the other way round). Google gives me free Google Docs.

KQ was at 11.25 at its IPO... It dropped to 6/- then recovered to 11.25 ended up at 135 then down to 17 & now 47/-...

Why worry about Safaricom's 'price'??? If it does well it will rise naturally... If not, it will languish (see Neveready)...

Let Safaricom rise or fall on its own merits...

@Guru - KPLC was 20/- for years!!! Then it jumped huge... then it fell to 6/- or so... languished at sub-20 & now 238/-...

There were no calls for consolidation... so why for Safaricom...?

This is the only way forward,small men prepare to get your bonga points and forget the odd lots created after consolidation.

@mukiha i still think its not ok for a stock of safcoms nature to be a penny stock....

If you look around the world stocks of that nature are always the most expensive in terms of price....

If safcom consolidated to 400million shares this would greatly reduce the number of shareholders gradually....

At the moment every one can speculate on it and i'm not a fan of such stocks... Maybe at 3bob

I used the word GRADUALLY....

Due to the unreachable price this will prevent many new small shareholders from entering and shares being sold by existing small holders are almost guaranteed to be only taken up by institutions....

Get your 10 shares replaced with bonga points and walk away.

And to me, this isn't erratic:

@guru;
That's why I posted a comparison with KQ. The two follow very similar paths. What shall we do to KQ then? Consolidate as well?

NB: the starting point of the curve is immediately aft SCOM IPO

@All....good arguements boys and girls.....but i have come to love what i hated before.....safaricom...


I have discovered that it is actullay a cash cow....but you must be big to milk big......why BECAUSE IT IS the MOST LIQUID COUNTER!

CASE IN POINT;

Investment amount ksh 500'000/=

Conter; safaricom.

Current price; 4.30

Total shares = 500'000 -(1.8% * 500'000)


= 491'000 / 4.3 = 114'100 shares.

Even if the share price rises by 1 bob…I have a cool 114’100/= inclusive of commission.

If I want to trade in this counter….i know there is a ready buyer market.


For instance during the lowest price level of safcom share which was kshs 2.75/= …if I invested the 491’000/=….i would have 491000/2.75 = 178’500 shares.

I would be deligent enough to have sold at the recovery highest price of ksh 5.90/=

What would my profit have been….( 178’500 * 5.9) – 491’000/= cost price )

which is = 1’0531’50 – 491’000 = 562’150 plus commissions.

After how long??? less then 2 yrs

If I invested more money???….your guess is as good as mine……

Therefore …..let those who burn their fingers burn…..but let those who are here to make money……MAKE THE MONEY!!

Nimependa nilichokua nachukia!!