Non-sense stock,even those who bought it at 4.60 have joined our loss making club...conning stock

And what makes u think the price will stick there for ever? Usiogope...nunua bwana. Do u know at what price EXACTLY safaricom should be priced? Mimi sijui... but am confident that the price will go back to 5 soon..I bought on Friday na on Monday I will place a BUY order ..then when I sell i will also let u know. I am not an expert but this is the way I trade and I make money..kidogo kidogo...

@kyukkamba you will start making losses kidogo kidogo....

it seems we have a more fundamental lack of understanding than the one about 20 cents dividends..

@Capital.. geek..

You are wrong, it was the Govt that sold its shares.. Safaricom did not sell shares to the public. I refer you to the Safaricom IPO prospectus whose first paragraph was
"Prospectus in respect of an offer for sale by the Government of Kenya of 10,000,000,000 shares with a par value of Kenya Shillings Five Cents (KShs 0.05)each in the ordinary share capital of Safaricom (the Offer Shares ) comprising a public offer of 25% of the issued ordinary Safaricom shares (the Offer )"

But what exactly constitutes a share repurchase.. Can Safaricom repurchase shares in the market. I think it can, after all the Govt was just a shareholder just like the public now is..

Should it repurchase.. hell no! No benefits at all to repurchasing.. If you're looking for delisting, then speak to Vodaphone, maybe if they repurchase enough of the public shares, it maybe delisted. Does it make business sense for them to?? I doubt it..

And now, Zain has dropped international call rates to USA, India, Canada, and China to 3shs / minute.. Permanent, of course!
For now, i will watch Safcom from the sidelines. It should remain profitable, but my money is on EABL to regain the crown of 'most profitable company'!