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Future of Safaricom - break up due to dominance!
Rank: Member Joined: 1/31/2007 Posts: 303
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obiero wrote:Spikes wrote:Sometimes I feel like laugh when guys see a bid order of 1million as big fish checking in! It is laughable because a company with 40billion issued shares what % is 1million bid to its free float perceived to be in billions? Factoring in panic which means more sellers will show up to shake the market south.Some sellers are warming up seeking huge volumes to their exit! It's terrible here. A time like now both FA and TA are rendered irrelevant until the dust settles. This government surely.... They have mismanaged our economy. Letting idle news linger over SCOM for weeks is sabotage to the stock holders. Wangusi should have tabled the report already or rebuffed it The fall has nothing to do with the report.We are just in a bear market and every stock must toe the line,safaricom included. The silver lining is that ,with the capitulation of safaricom we can start thinking of a change in fortunes.The bulls will start to roar.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Crazy volume and about turn "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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mlennyma wrote:Crazy volume and about turn Got a few units at 16 yesterday... had to raise my bid from 15.95. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa
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Gatheuzi wrote:mlennyma wrote:Crazy volume and about turn Got a few units at 16 yesterday... had to raise my bid from 15.95. Drat! Missed that. Sweet prices not seen in years!
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Shak wrote:Gatheuzi wrote:mlennyma wrote:Crazy volume and about turn Got a few units at 16 yesterday... had to raise my bid from 15.95. Drat! Missed that. Sweet prices not seen in years! Huge passenger just boarded jana, KES 44,080,600 shares traded https://www.nse.co.ke/ma...tatistics&Itemid=190
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Metasploit wrote:Spikes wrote:Sometimes I feel like laugh when guys see a bid order of 1million as big fish checking in! It is laughable because a company with 40billion issued shares what % is 1million bid to its free float perceived to be in billions? Factoring in panic which means more sellers will show up to shake the market south.Some sellers are warming up seeking huge volumes to their exit! It's terrible here. A time like now both FA and TA are rendered irrelevant until the dust settles. If you choose to learn,you will learn.. 16 is the floor..Confirm with tomorrow open,close,low and High 18 is the resistance..
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa
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Strong statement from the executive against the splitting of Safaricom. Must be the reason the share is rallying
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Shak wrote:Strong statement from the executive against the splitting of Safaricom. Must be the reason the share is rallying No strong statement so far from executive. We're waiting communique from parliament. It's a normal rally apparently short-lived. Exercise caution. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@metaspoilt let's see if mpesa bank can manage to close the week with a hammer candle. That will be awesome with that volume coming in at 16 handle levels to challenge the 18 zone resistance level. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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hisah wrote:@metaspoilt let's see if mpesa bank can manage to close the week with a hammer candle. That will be awesome with that volume coming in at 16 handle levels to challenge the 18 zone resistance level. @Hisah that is almost certain .Investing.com near real time shows hammer candlestick..I already see greed at 16.80 to 17 which is above the opening price
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Metasploit wrote:hisah wrote:@metaspoilt let's see if mpesa bank can manage to close the week with a hammer candle. That will be awesome with that volume coming in at 16 handle levels to challenge the 18 zone resistance level. @Hisah that is almost certain .Investing.com near real time shows hammer candlestick..I already see greed at 16.80 to 17 which is above the opening price I like this conversation... especially when it is technical. If I may comment, SCOM is reacting to a monthly demand zone..Keep the conversation going. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:Metasploit wrote:hisah wrote:@metaspoilt let's see if mpesa bank can manage to close the week with a hammer candle. That will be awesome with that volume coming in at 16 handle levels to challenge the 18 zone resistance level. @Hisah that is almost certain .Investing.com near real time shows hammer candlestick..I already see greed at 16.80 to 17 which is above the opening price I like this conversation... especially when it is technical. If I may comment, SCOM is reacting to a monthly demand zone..Keep the conversation going. The bulls are reacting as expected on that weekly bullish candle close. Intraday day range is 17 - 17.90.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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Leo the counter goes back to 18 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Ericsson wrote:Leo the counter goes back to 18 Yes! But T+3 will begin working against speculators. At the end of the week a zero sum game shall be registered by many. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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Trading at 18.25 with a high of 18.90 posted Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Ericsson wrote:Trading at 18.25 with a high of 18.90 posted In the event scom closes above 18.17 today(14th march).... that will be a bull country in a short term. still has to break above and close above 18.9 to confirm a new bullish trend. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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Telecoms regulator CA says will not implement proposal to break up Safaricom http://www.businessdaily...49288-83vahdz/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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[quote=Ericsson]Telecoms regulator CA says will not implement proposal to break up Safaricom http://www.businessdaily...9288-83vahdz/index.html[/quote] those who trade news will come in to buy at retail, we might sell to them at least we got it at wholesale  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:those who trade news will come in to buy at retail, we might sell to them at least we got it at wholesale Now I see why the bulls have been busy from the 16 support level.
The monthly chart is spotting a hammer candle!!! If we finish the month this way, the all time highs will be the taken out!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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karasinga wrote:Ericsson wrote:Trading at 18.25 with a high of 18.90 posted In the event scom closes above 18.17 today(14th march).... that will be a bull country in a short term. still has to break above and close above 18.9 to confirm a new bullish trend.
Tomorrow .... 19.50 here we come
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