That's right; and not just the when rising, even when falling, it must go do by at least the same 4.5% before you can jump back in.

But don't worry; I still remember the days when the commissions were 5% either way... those days you had to wait for an 11% change.... but that was before CDCS and certificates used to take about one to three months!!

Morgan Stanley said this when the price was around 5.20 so it climbed rapidly thereon...

Now that the excitement is done... it is back to 5.20... and going lower...

@Jaguar
I clicked on your attached weblink thinking it was something new.
That article is old news!
Safaricom is still a very strong counter! Wait and see.

@2012, the news might be old to you but new to some people. My point is morgan stanley cannot be trusted to give a fair valuation of safaricom. They refused to sell to international investors willing to pay 6bob & instead sold to their speculator buddies @5.50 WHO then dropped it like a hot potato. Now they are claiming its worth 6.40. Take their analysis with a pinch of salt. But i'm not disputing the fact that safaricom is a very strong company

@jaguar

i am with you on this...

what on earth can make me trust them (MS)..?

may be they're over-publicizing the counter to make a kill for their clientele and themselves?

can't touch it until it goes below 5/-.. unless otherwise!

@ kamaa ms doesnt only do research n rate sfcom but also companies on the jse...its kenyans exiting the company, leave it 2 us...focus on mumias n equity.

@guru - Don't pay 5/-... si we wait for it to drop BELOW 5/-???

3.51mn on bid but 11mn on offer...

@VVS my buy order is fixed at 4.9 cos i dont think it will go down to 4.5.. but i wont get everything at once instead i'll spread it for a couple of days.. what u gon do??

I'm also looking to pick at 4.80-4.90

As i said a couple of weeks back, Safcom is not worth more than Ksh6 (at least on 2010/11 current earnings projections).
Think about that as you launch yourself blindly back into it.