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What is the future of Safaricom Share ?
maasai
#41 Posted : Tuesday, July 08, 2008 1:30:00 PM
Rank: Member

Joined: 8/18/2007
Posts: 11
Celtel may not ave a big impact on safaricom profitability expecially if it continue branding every time your about to get used to there brand name...same case applies to econet which start selling its self even b4 venturing in the market...but Telkom hmm especially considering the financial muscle of telkom france which has always been a competitor and a threat to vodafon...

A penny SAVED is a penny wasted if not INVESTED.
haira
#42 Posted : Tuesday, July 08, 2008 1:33:00 PM
Rank: Member

Joined: 3/10/2008
Posts: 1
@ Jamani

In that period,Safaricom has lost 4 staff to Telkom...and they werent head hunted,it is them wholooked for Telkom. Plans are to poach a few especially from their marketing pool. More food on the table for them!!

Safcom secrets will all be out !


To BUY or NOT to BUY
Maiduda
#43 Posted : Tuesday, July 08, 2008 1:34:00 PM
Rank: Member

Joined: 7/7/2008
Posts: 23
Hi guys,the truth of the matter is that for those that bought this share for anything more than 5 bob we have to absorb the loss. We have lost and there's nothing to do. Probably wait for 2 years when the price might come up again

The only way to double your money without any risk is by folding a note into two and putting it in your pocket
Sober
#44 Posted : Tuesday, July 08, 2008 1:40:00 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
this counter should be delisted!

i pray that mobitetea offers to buy the shares at 9bob. i would be more than willing to sell because this counter is holding a lot of liquidity. its impact on the NSE 20 share index is overwhelming.

look at this. safaricom improves by 5% and it is like the whole market is headed south. it dips by 10% and even the everdy shareholder is selling citing tenson has gripped the market. i think this counter is a curse to the bourse.


The real measure of wealth is how much you'd be worth if you lost all your money.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
ecstacy
#45 Posted : Tuesday, July 08, 2008 2:15:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
I think it will help the NSE if the SCOM share is listed in other EA exchanges and if possible larger market exchanges. This will reduce pressure on other market counters and increase the demand available for shares in the most profitable company in this region.



you snooze you lose,you lose you booze
Jamani
#46 Posted : Tuesday, July 08, 2008 2:43:00 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
@Haira

Thanks for the info however 4 in 6 months,not bad considering about 60 in same period from the close opposition. Just to add on almost half of safaricom staff used to work for Kencell/celtel.

We have to look at one other dimension to this Celtel as they kept reducing the rates to capture the market made a loss of 1.5 billion safaricom made a gross profit of 20 billion. I still maintain that safaricom will return the profits it has done and even improve on them,the rest will be dog fighting for the second slot . we should think big,foreign investors have been shying away from the NSE because it was small,its only a matter of time and you will see them increase in numbers and which share will they buy with ease?
semaj
#47 Posted : Friday, July 18, 2008 9:00:00 AM
Rank: Member

Joined: 2/2/2007
Posts: 14
This our 'paka' has taken a serious beating today. Khan satchu drew his line of sand at 6.50. Does anyone know whether he has managed to offload?
Newhere
#48 Posted : Friday, July 18, 2008 9:33:00 AM
Rank: Member

Joined: 5/14/2008
Posts: 10
How much would you buy SCOM at? 5.50/= 5/= 4/=??
ikonini
#49 Posted : Friday, July 18, 2008 9:47:00 AM
Rank: Member

Joined: 8/29/2007
Posts: 93
you thought you had seen it all when Safcom traded at 7.50....

wait and see the dent it will make....if you can`t manage to hold it at Kshs 5 or less

dispose today!!!!!!


`THE EASIEST WAY TO EARN MONEY

………………… IS THE HARDEST WAY`

(QUOTE: Kularaha-Chairman SK Investment Co.)
MAKE A CHOICE TO TAKE A CHANCE OR YOUR LIFE WILL NEVER CHANGE.
Maiduda
#50 Posted : Friday, July 18, 2008 9:52:00 AM
Rank: Member

Joined: 7/7/2008
Posts: 23
It's going down to Kshs 4.50 but I guess al keep holding....what to do? Bought at 8.00

The only way to double your money without any risk is by folding a note into two and putting it in your pocket
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