Many hearts have been broken by shares which people expected to come back up but stayed down for a looong time and some eventually died.

However if it's cheap enough, I will get in too.

maybe the right time to jump into an abyss...

If today was May 11th 2007, then please, knock yourself out.

1 - At that time SCOM, Zain, et al did not have converged licences.
2 - At that time Zuku had not raised its head -
3 - mobile data (those annoying USB dongles we've seen getting hawked or unlocked here, esp SCOM ones) were either VERY Expensive (remember those things were abt 20k) or not widely available. Now every Dumb, Prick and Harry seems to have one.
4 - Telkom Kenya - aka the phoenix, is rising from the ashes with intentions of taking back the hill. Never mind their billion shilling loss...
5 - the different submarine systems we have active today (TEAMS and SEACOM) were but plans on paper. Now its a reality and Eassy will soon be commissioned.

AK moved to the consumer segment rather late and with a VERY pricey product. Now Zain/SCOM/Yu/Orange have more or less establised that EDGE/GPRS/3G can do as well as WiMax (or Fibre) esp when it boils down to cost. So, consumer market? No cigar, sorry.

Enterprise market - KDN, UUNet,, Afrol, Zuku, Safaricom Business, Orange Business, Tangering....should I go on?

Cost acquisition of OpenView - not yet making real $ from that.

What do you guys think? 2007 abt 55% market share in customers (and perhaps 70% in revenues) in the business segment....2010 its very likely about 25% in number of customers (and perhaps 35% in terms of revenues - lower bandwidth pricing thus lower revenues + competition + capex) .....

@Djinn. Thanks for the informative analysis. I will surely stand on the fence as far as Access is concerned

WHY ACCESS KENYA'S AGM WAS SUSPENDED

http://www.businessdaily.../-/k4g9uhz/-/index.html

At least now all the rumour mongers can shut up.
The company is still on the right track.

Mmm mmmhhh @the deal, I must agree with you. I read the story and it does not offer the comfort @youcan'tstopusnow alludes to. It actually justifies a lower value than is currently on the boards. Reason being this share is always afforded a premium P/E and I wonder whether they can reasonably lay claim to that multiple now?

What a story though! I for one can give testament to how difficult it is for founders/family to transition from personal to professional above the board setups. The question always on the founders/family minds is:
'Who do they think they are questioning us...where were they when we started this company?'