Zain's action is no brainer, good as it looks. Anyone can lower rates even further than 3 bob.

Low rates is just to excite the market.

Safaricom seem to have called Zain's bluff to stem the migration, but I believe they are buying time to cook their ultimate broth that shall settle Zain for good.

anyone in the house who work at a senior level for Yu or Telkom? Please identify yourself. I have a formula yenye itakufanya upitie katikati ya Zain and Safcom.

Interesting, Safcon being bid at 4.90 right now, 1M bid, 9M on offer.

Looks like the market isn't as die-hard as some of the posters here...

“In the short run, the stock market is a voting machine, but in the long run, it’s a weighing machine.”


~ Warren Buffett
Guru Of Value Investing

* What the above trying to say is that, in the near term, the stock market or the individual stock is pretty much subjected to the opinions of the investors / market players who would ‘vote’ the stocks with their money, but in the longer term, the value of the stock (representing the company) will prevail depending on the performance of the business.

Two important points here – One, in the short term, the stock price is dependent on market sentiment. Two, every stock is a representation of the underlying company, to decide whether a stock is ‘worth it’, take a good look and understand the fundamental of the underlying company.

Been missing in action of this colossus. Missed the bought at 2.90 and watched it rise all the way to 6. I am ready to jump in at 4.6; ride on dividends and capital gain.

ah good, buy time coming up again especially for diehards like i.

The only people who should be happy are those who bought at 2bob sold when it hit 6.00 and are now waiting for it to knock at the doors of 3bob just to buy and hold...

hii Zain haiwezi..

whose tag line says cautious when others are greedy greedy when others are cautious..

@my 2 cents.. that quote is Steve Ballmer Microsoft, on Apple passing MS at the stockmarket..

Ata mimi ni die hard!!!

Hii safaricom iko sawa.....naomba serikali iingilie kati....

if it's just about investment not speculation, better prospects and places to put any new money in the meantime. Coop and Equity,Family Bank then USE etc... NSE is speculators plenty! who is going to buy SCOM at these higher prices quoted anytime in the near future i.e. >= 5?

at current pricing, it could take years to even hit at least 20% share capital gross return???!!!! nice way for one to lock their money for a while. LOL!!

heck, I ain't no prophet. put your money where your mouth is.

PKoli, true. That is the current state of affairs which can be amended. The ATS was once a foreign concept there.Probably take some investment there now going forward then await robust trading to take shape, because it 'will'. Those keen on holding onto dear SCOM knock yourselves out, better things to hold long term

Steve borrowed this from Buffet who probably borrowed it from his teacher Benjamin Graham

I read about this quote long before Apple's shares overtook Microsofts.

@bss

It was also difficult convincing Ugandans to let go their share certs. We will have to wait for a while before that market becomes vibrant