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SCOM at Kshs. 4
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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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.  . Nothing great was ever achieved without enthusiasm.
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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@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......
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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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
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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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."
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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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
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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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'
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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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."
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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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.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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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
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Rank: Chief Joined: 1/3/2007 Posts: 18,259 Location: Nairobi
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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
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Rank: Veteran Joined: 5/20/2008 Posts: 1,126 Location: Nairobi
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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 YOUJOIN MY FREE MINI-COURSE FOR WRITERS. CLICK HERE
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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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..).
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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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
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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I think share price has touched bottom at Ksh4.30 The Governor of Nyeri - 2017
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Rank: Chief Joined: 1/3/2007 Posts: 18,259 Location: Nairobi
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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
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Rank: Elder Joined: 12/6/2008 Posts: 3,558
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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
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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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
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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@ Much Know. What's your source? These figures look like they are the figures for registered SIM cards?
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Rank: New-farer Joined: 7/29/2010 Posts: 12 Location: Mombasa
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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!
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Rank: Elder Joined: 2/11/2007 Posts: 1,680 Location: nairobi
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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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