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Safcom on a dive, whats going on?
Zakumi
#41 Posted : Friday, August 20, 2010 7:21:27 PM
Rank: Member

Joined: 11/16/2009
Posts: 152
People have been questioning the sustainability of Zain's strategy,if im not wrong their management said they have ability of pushing this war for the bext 18months with a war chest of kshs. 24billion.mark you these guys are not novices in this industry....so if safcom is waiting zain to fade they need to think again.
The Strong Do What They Want,The Weak Do What They Must!
MaichBlack
#42 Posted : Friday, August 20, 2010 7:29:56 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,841
In an ideal situation, an investor should not panic. This is not an ideal situation. So, yes, I'm in panic mode. I'm wondering should I sell my entire safcom holding before it goes to sub 5/= or should I wait it out - for the storm to die out. Hapa iko shida.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
slykat
#43 Posted : Friday, August 20, 2010 7:40:51 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
MaichBlack wrote:
In an ideal situation, an investor should not panic. This is not an ideal situation. So, yes, I'm in panic mode. I'm wondering should I sell my entire safcom holding before it goes to sub 5/= or should I wait it out - for the storm to die out. Hapa iko shida.


On a scale of 1 - 10, where is your risk appetite - 10 being can take maximum risk and 1 being can't take any risk at all?

I have only a small nest there, so no sweat..my risk appetite is 8. Waiting it out. But sub 4.50 , hopefully it reaches sub 4, and I increase the nest.
qw25041985
#44 Posted : Friday, August 20, 2010 7:41:37 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Lets agree on one thing . Safcons LONGterm future doesnt look good. And thats what pushing the sell off.
Your future depends on your dreams so go to sleep !
slykat
#45 Posted : Friday, August 20, 2010 7:55:07 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
qw25041985 wrote:
Lets agree on one thing . Safcons LONGterm future doesnt look good. And thats what pushing the sell off.


Wrong! Telecoms is a technology-driven growth sector with no limits! Name one mobile company in the world that isn't doing alright despite sound management? When the chips are down, they will all "agree" on price fixing! That is what happens in the West - where there is a bare minimum pricing they wont go below.

Yet SafCom, unlike the old Telkom, did not squander their dominance, they invested in the future, which is data and media integration!

Zain needs years to invest as much as Safcom.

Meanwhile, Safcom should refuse to go into price cutting.. instead bundle essential goodies n throw in extras for free...sort of like what 3G Hutchinson does in UK.

Now, wud be a good time to for vodafone to ask MJ how much it takes to remain as MD to deal a lethal one on Bharti.
the deal
#46 Posted : Friday, August 20, 2010 8:07:59 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
waaaa....!!!! will the ever elusive 7 bob come.....
mlennyma
#47 Posted : Friday, August 20, 2010 8:32:01 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
It might be back to 6 b4 books close,if at all it does,i will personally average at that price to avoid being admitted in nairobi hospital in future.
"Don't let the fear of losing be greater than the excitement of winning."
sheep
#48 Posted : Friday, August 20, 2010 8:35:05 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
Still waiting below 4.80...longtermers continue holding kwa matumaini na roho mkujufu.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
sheep
#49 Posted : Friday, August 20, 2010 8:43:01 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
MJ right now is on a flight to UK to convince foreign investors of the value in saf...expect a small rally next week...2011 is when the sh*t will hit the fan.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
Horton
#50 Posted : Friday, August 20, 2010 9:42:03 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Lool I can't wait to see how this pans out

Shitty service + cockiness+serious compe= pure drama
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