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SCOM at Kshs. 4
Njung'e
#81 Posted : Wednesday, September 29, 2010 9:16:51 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
stocksmaster wrote:
My fear is that Zain is not through with the price wars. It has nothing to loose and all to gain by a further price reduction to below Ksh 3 per minute..


@Stocksmaster,
Zain is already offering calls at below 3 bob across network.Work it out for those who are still stuck with old (Peculiar?)....NO?.I get 50% bonus every time i load my Zain line.smile.
Nothing great was ever achieved without enthusiasm.
Pierce
#82 Posted : Wednesday, September 29, 2010 9:21:37 AM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
@Stockmaster,

There is also lost market share. Despite the reduction in rates by Safcom, there is the clients who moved from Safcom to Zain. That should also have quite an effect.

Someone will have to quantify it......Sad
ProverB
#83 Posted : Wednesday, September 29, 2010 9:59:16 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
i should be awarded! I bough my kencell line for kshs3,000.00..using a sagem 920..bigger than a walky-talky!..couldn't feet my pockets..had an antenna that would embarrass any satellite phone

..stuck with them when meralli pulled a 2billion stunt..stayed with em as celtel..stayed on as zain..now proudly a member still

..never owned a safcom line..redefining longterm!!..now bharti is here...bharti will leave..you never know..and the damn thing will still be irking safcon.. Teehehehehehe!!
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
mlennyma
#84 Posted : Wednesday, September 29, 2010 10:04:49 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Why all this double standard?? You always talk of people who cross from safcom to zain and never talk of those who ditch zain to safcom!you mean hakuna?
"Don't let the fear of losing be greater than the excitement of winning."
KulaRaha
#85 Posted : Wednesday, September 29, 2010 10:12:15 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
mlennyma wrote:
Why all this double standard?? You always talk of people who cross from safcom to zain and never talk of those who ditch zain to safcom!you mean hakuna?


You'd leave 1 bob sms to pay 3.50?

Or 3 bob calls to pay 5 bob?
Business opportunities are like buses,there's always another one coming
Sober
#86 Posted : Wednesday, September 29, 2010 10:12:45 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
The number of people who ditch saf for zain are more than th reverse.
Half of the guys who claim to be zainees have an idditional green line. Anyone disputing this?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
mlennyma
#87 Posted : Wednesday, September 29, 2010 10:15:44 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
You can hardly survive without a green somewhere even if in the pocket
"Don't let the fear of losing be greater than the excitement of winning."
mwanahisa
#88 Posted : Wednesday, September 29, 2010 10:25:06 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
KulaRaha wrote:
mlennyma wrote:
Why all this double standard?? You always talk of people who cross from safcom to zain and never talk of those who ditch zain to safcom!you mean hakuna?


You'd leave 1 bob sms to pay 3.50?

Or 3 bob calls to pay 5 bob?


I would certainly ditch 3 bob calls to call at Kshs 2. 90% of my phone book is still Safaricom after all. This is NOT because I love Safaricom. At the moment, I still feel they are offering me the best value to call SCOM numbers. If that changes, I am out of there!

As for SMS, I hardly use them, but I am willing to pay the occasional 3.50, since I spend most money on voice.

For Data, I am on Orange, although I flirted with the 999 offer which is NOT great!

As for the share, I will buy it (if at all) when I am ALMOST certain it cannot fall any further.
guru267
#89 Posted : Wednesday, September 29, 2010 10:32:10 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Sober wrote:
The number of people who ditch saf for zain are more than th reverse.
Half of the guys who claim to be zainees have an idditional green line. Anyone disputing this?

I have a green line but when i start seeing more zaps and i get 3G i'm dumping the card
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#90 Posted : Wednesday, September 29, 2010 10:38:05 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
All said & done... Safaricom profits will be down in this year!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
akowally
#91 Posted : Wednesday, September 29, 2010 11:02:32 AM
Rank: Veteran


Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
In terms of price whatever works for you is best. I was one of the guys who bought a Zain line when they dropped their prices but QUICKLY went back active on safaricom when it went to 2. I do their Masaa ya SMS thing when I need to text thus my texts are at 0.2 shillings, no one can tell me there is anything cheaper than Safcom.

Secondly I love orange for their free calls so when I am in the office I use it to call Landlines. At Sh. 100 per month, it would have been the best if it had m-pesa, points and a wide network, but for a businessman or a marketer, it is the best business line.

A lot of debate on the topic but one conclusion:

CHOOSE WHAT WORKS FOR YOU
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mwanahisa
#92 Posted : Wednesday, September 29, 2010 11:37:58 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
WELL "SPOKEN", Akowally. We should not get hang up on any one network. Go for Value. Use Yu/Zain for International calls. Safcom for Scom-Scom calls and Orange for landline calls.

Your pocket should your primary consideration. Of course there's the small matter of carrying two dual sim mobile phones (ha ha ha..).
erifloss
#93 Posted : Wednesday, September 29, 2010 11:55:27 AM
Rank: Member


Joined: 6/21/2010
Posts: 514
Location: Nairobi
What people tend to forget is that as much as safcom is trying to maintain its profitability, growth patterns, earnings and shareholders value by the virtue of being a public listed company the other telcos too have got the same responsibilities in their home states be it India or France. The main purpose of any company acquiring a subsidiary is to diversify its income streams, increase earnings and shareholder value. With this in mind, how long do you think bharti shareholders are ready to let a subsidiary erode its earnings/wealth that so far are not impressive due to stiff competition in India? The arabs let go with all of their oil money and government's backing when call prices were still high and held onto profitable operations!With bharti its not if but when are they going to sell to another 'investor.'
When its all said and done, safaricom is an all round ICT company that has made massive investments in the sector and buyouts that have set it as a force to reckon with. Simply said safaricom is a share for a long term investor, if you are a speculator then wachana nayo.
Remember that safaricom has not yet ventured out of Kenya, with the realisation of the common market they may venture out of Kenya to the neighbouring countries. They are well diversified. Its fundamentals are strong and with any ICT company, it embraces innovation which is the main driver of any ICT company.
Long term investors, watch this space.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
Wa_ithaka
#94 Posted : Wednesday, September 29, 2010 11:59:07 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
I think share price has touched bottom at Ksh4.30
The Governor of Nyeri - 2017
VituVingiSana
#95 Posted : Wednesday, September 29, 2010 12:00:22 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
Safaricom is unlikely to venture out of Kenya just like BBK, Total & SCBK does not... These firms 'parents' are already in these EAC countries...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Much Know
#96 Posted : Wednesday, September 29, 2010 12:28:17 PM
Rank: Elder


Joined: 12/6/2008
Posts: 3,558
Sept 15th. Scom 13.8mill, zain 1.89mil, yu 600k, orange 448k. So much for the great wildebeast migration.
I believe the next milestone is when zain reports its losses sometime next month. Will they break their Kenyan record of 7bill in losses? Will they continue on the path to self destruction? Will it end the war? Got to say am enjoying this!
Meru Holiness
KulaRaha
#97 Posted : Wednesday, September 29, 2010 12:51:56 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Much Know wrote:
Sept 15th. Scom 13.8mill, zain 1.89mil, yu 600k, orange 448k. So much for the great wildebeast migration.
I believe the next milestone is when zain reports its losses sometime next month. Will they break their Kenyan record of 7bill in losses? Will they continue on the path to self destruction? Will it end the war? Got to say am enjoying this!


Those are end of August numbers....from the CCK exercise.

Give us updated numbers...
Business opportunities are like buses,there's always another one coming
mwanahisa
#98 Posted : Wednesday, September 29, 2010 12:55:37 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
@ Much Know. What's your source? These figures look like they are the figures for registered SIM cards?
dr.ysj
#99 Posted : Wednesday, September 29, 2010 1:04:06 PM
Rank: New-farer


Joined: 7/29/2010
Posts: 12
Location: Mombasa
mlennyma "There is no panic now real panic will come,this is the problem of setting a high profit trend that cant be sustained...one orbit chewing gum is very expensive than a safcom share na bado"....

Hahaha! That i just too deadly a comparison!
mlefu
#100 Posted : Wednesday, September 29, 2010 1:13:21 PM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
Airtel has really really #$%^& me big time, CCK and my lawyer said i had no grounds to sue them..still i wish someone wld do it....
VOIP business is now dead and buried..wtf, my cost to india was 2bob, i used to charge 8 bob, airtel cost to india is 1bob..the idiots are charging 3 bob...worse than Nyamu ya ruguru!!!!
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