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Safaricom FY 2016 results net profit up 19.6%

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Angelica _ann		#321 Posted : Monday, August 15, 2016 10:42:56 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		watesh wrote: murchr wrote: Sh30bn airtime lending raises Safaricom profile in credit market Mobile phone subscribers borrowed up to Sh30 billion worth of airtime or nearly a third of the total airtime Safaricom sold last year, underlining how critical telecoms operators have become in the credit market. Equity Group grew its loan book by 50bn while KCB grew by 62bn for the full year 2015. Okoa Jahazi Bank is half way the amount of the big banks do. Remarkable Safaricom doing that without sweat In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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VituVingiSana		#322 Posted : Tuesday, August 16, 2016 12:46:24 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,344 Location: Nairobi		watesh wrote: murchr wrote: Sh30bn airtime lending raises Safaricom profile in credit market Mobile phone subscribers borrowed up to Sh30 billion worth of airtime or nearly a third of the total airtime Safaricom sold last year, underlining how critical telecoms operators have become in the credit market. Equity Group grew its loan book by 50bn while KCB grew by 62bn for the full year 2015. Okoa Jahazi Bank is half way the amount of the big banks do. Remarkable Explains why Equity chose to go with Equitel instead of being locked in with Safaricom. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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murchr		#323 Posted : Tuesday, August 16, 2016 2:18:16 AM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Angelica _ann wrote: watesh wrote: murchr wrote: Sh30bn airtime lending raises Safaricom profile in credit market Mobile phone subscribers borrowed up to Sh30 billion worth of airtime or nearly a third of the total airtime Safaricom sold last year, underlining how critical telecoms operators have become in the credit market. Equity Group grew its loan book by 50bn while KCB grew by 62bn for the full year 2015. Okoa Jahazi Bank is half way the amount of the big banks do. Remarkable Safaricom doing that without sweat Given that Safcom's take in okoa jahazi is just Kes 5 from 50/- credit....that amount is insane! "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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Spikes		#324 Posted : Tuesday, August 16, 2016 5:38:55 AM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		murchr wrote: Angelica _ann wrote: watesh wrote: murchr wrote: Sh30bn airtime lending raises Safaricom profile in credit market Mobile phone subscribers borrowed up to Sh30 billion worth of airtime or nearly a third of the total airtime Safaricom sold last year, underlining how critical telecoms operators have become in the credit market. Equity Group grew its loan book by 50bn while KCB grew by 62bn for the full year 2015. Okoa Jahazi Bank is half way the amount of the big banks do. Remarkable Safaricom doing that without sweat Given that Safcom's take in okoa jahazi is just Kes 5 from 50/- credit....that amount is insane! The regulator needs to reign in! Safaricom's Okoa jahazi interest is more than shylock charges considering time value of money!!! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Ericsson		#325 Posted : Tuesday, August 16, 2016 7:23:59 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Hellios Telkom kenya will give safaricom a run for their money in the mobile business based on the way the company is being reorganised. Airtel will either close shop or be sold to the highest bidder Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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sparkly		#326 Posted : Tuesday, August 16, 2016 8:31:42 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Spikes wrote: murchr wrote: Angelica _ann wrote: watesh wrote: murchr wrote: Sh30bn airtime lending raises Safaricom profile in credit market Mobile phone subscribers borrowed up to Sh30 billion worth of airtime or nearly a third of the total airtime Safaricom sold last year, underlining how critical telecoms operators have become in the credit market. Equity Group grew its loan book by 50bn while KCB grew by 62bn for the full year 2015. Okoa Jahazi Bank is half way the amount of the big banks do. Remarkable Safaricom doing that without sweat Given that Safcom's take in okoa jahazi is just Kes 5 from 50/- credit....that amount is insane! The regulator needs to reign in! Safaricom's Okoa jahazi interest is more than shylock charges considering time value of money!!! Safaricom charge a fee not an interest. They do not have a lending licence. Life is short. Live passionately.
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Spikes		#327 Posted : Tuesday, August 16, 2016 9:15:39 AM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		sparkly wrote: Spikes wrote: murchr wrote: Angelica _ann wrote: watesh wrote: murchr wrote: Sh30bn airtime lending raises Safaricom profile in credit market Mobile phone subscribers borrowed up to Sh30 billion worth of airtime or nearly a third of the total airtime Safaricom sold last year, underlining how critical telecoms operators have become in the credit market. Equity Group grew its loan book by 50bn while KCB grew by 62bn for the full year 2015. Okoa Jahazi Bank is half way the amount of the big banks do. Remarkable Safaricom doing that without sweat Given that Safcom's take in okoa jahazi is just Kes 5 from 50/- credit....that amount is insane! The regulator needs to reign in! Safaricom's Okoa jahazi interest is more than shylock charges considering time value of money!!! Safaricom charge a fee not an interest. They do not have a lending licence. Whether manslaughter or abortion murder is murder! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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murchr		#328 Posted : Tuesday, August 16, 2016 2:34:27 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		21.50/- "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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hisah		#329 Posted : Tuesday, August 16, 2016 7:53:22 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Quite amazing mpesa bank is almost hitting 1 trillion in market cap and few wanjikus are not on board. The GFC bear and 2011 bear made wanjikus so negative to ever want to touch it. So when Wanjikus troop back in as the rocket phase kicks in, that will become one giant bubble of epic propositions...!! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Angelica _ann		#330 Posted : Tuesday, August 16, 2016 7:55:49 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		murchr wrote: 21.50/- Bye bye #teen! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Wazua » Investor » Stocks » Safaricom FY 2016 results net profit up 19.6%

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