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safaricom die hard section.
Rank: Member Joined: 8/17/2010 Posts: 110 Location: Nairobi
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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.
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Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi
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did i hear they, Zain, have 24blln shillings to spend.. woi!
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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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... Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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KulaRaha wrote: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...
 lucky i sold at 5.40... @the deal i wish you sold yesterday Mark 12:29
Deuteronomy 4:16
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Rank: Veteran Joined: 6/2/2010 Posts: 1,091
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“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.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Do you think Safcon will increase revenue in the long-term, with price cuts? Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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KulaRaha wrote: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...
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.
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Rank: Elder Joined: 6/19/2008 Posts: 4,268
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PKoli wrote:KulaRaha wrote: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...
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.
Am waiting for it at 2.60. am sure, the share fall will be temporary (and mainly it wont be the institutions selling... mostly the panicky small holders who think this war is the end of the company....) This war is still going to stabilize things. once the dust of this hype has settled, am sure they will innovate and start rising... then i can jump out at 4.80 - I will be good with that... Good thing with safaricom is that they have many products so the other products will still keep them afloat. Hizi ni kelele za chura tu... Mvua ikiisha, jua litachomoza na chura zitanyamaa.....
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Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi
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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..
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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I give 10-15yrs period for this stock to fully recover...wanjiku will be taught a lesson she will never forget. 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.
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