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De-listing safaricom
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mlennyma
#1 Posted : Tuesday, September 21, 2010 2:41:23 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I have quietly thought about this share and concluded that it has brought more mis-fortunes than fortunes in the nse.the best way would be for the management to apply to de-list like unilever tea did,pay share holders like 10bob per share and look for strategic partners.do you buy my idea?
"Don't let the fear of losing be greater than the excitement of winning."
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Wa_ithaka
#2 Posted : Tuesday, September 21, 2010 2:50:55 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Waaapi? Sareholders need to learn to how to do proper research before investing. Otherwise, they must learn to put up with the pain.
The Governor of Nyeri - 2017
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  | | Edit by user: Tuesday, September 21, 2010 8:03 PM | Reason: Not specified
mozenrat
#3 Posted : Tuesday, September 21, 2010 2:52:51 PM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
Misfortunes for who?? Give reasons..

For me.. This stock ranks second only to CFC for having made me money on the NSE....

Are you saying that you have made losses from it.. I'm sure that's true for any stock... It means YOU made poor decisions. From management perspective, listing it gives the company opportunities for raising capital (via rights etc) and to ride on the loyalty of some (not all) shareholders as customers..

Just give us a list of 10 good reasons why it should be delisted.. and don't tell us shareholder stupidity.
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  | | Edit by user: Tuesday, September 21, 2010 2:55 PM | Reason: Not specified
mlennyma
#4 Posted : Tuesday, September 21, 2010 3:12:38 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The listing of safcom was flawed from the word go,there was mobitelea,people were cheated to take loans to buy the share and they cry even today,refunds were held by citibank for years,this share will always pull down the nse and scare potential investors.
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#5 Posted : Tuesday, September 21, 2010 3:15:19 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Contribute your ideas softly please dont eat me am not edible
"Don't let the fear of losing be greater than the excitement of winning."
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annsal
#6 Posted : Tuesday, September 21, 2010 3:44:19 PM
Rank: Member

Joined: 12/18/2009
Posts: 316
Location: nairobi

lol @mlennyma
God loves a Trier!
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kyukkamba
#7 Posted : Tuesday, September 21, 2010 3:55:04 PM
Rank: Member

Joined: 5/28/2010
Posts: 151
mozenrat wrote:
Misfortunes for who?? Give reasons..

For me.. This stock ranks second only to CFC for having made me money on the NSE....

.


Umesoma hapo juu vile MozenRat amesema? Try to undertstand how he's doing it and u'll never want it to be delisted...
Ni Uhuru wa Mbesha...Niguo kana tiguo?
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VituVingiSana
#8 Posted : Tuesday, September 21, 2010 4:00:37 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
mlennyma wrote:
The listing of safcom was flawed from the word go,there was mobitelea,people were cheated to take loans to buy the share and they cry even today,refunds were held by citibank for years,this share will always pull down the nse and scare potential investors.
LOL... So you think it is not a great buy but want 10/- for it? Kwani, Vodafone are daft? They can buy shares on the open market from 4.50 to 6/-... why would they pay 10/-?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#9 Posted : Tuesday, September 21, 2010 4:57:40 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mlennyma, 1. No one was cheated to take loans to buy Safaricom. Ni tamaa ya pesa nane. 2.Safaricom ikidelistiwa, Eveready itafanywa?
GOD BLESS YOUR LIFE
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sheep
#10 Posted : Tuesday, September 21, 2010 5:02:47 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
yenyewe this stock taught me a lesson Ill never forget...bought loads at 5.80-4.20...nearly got a heart attack afterwards
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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