wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

14 Pages123>»
SCOM at Kshs. 4
Options
Previous Topic · Next Topic
mv_ufanisi
#1 Posted : Monday, September 27, 2010 11:04:36 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
SCOM is headed to 4.00 Kshs - and I still think it's over-priced at that price. Kshs. 3 is more like it. I expect atleast a 50% reduction in earnings over the year since they slashed prices.
Back to top
  |
KulaRaha
#2 Posted : Monday, September 27, 2010 11:20:34 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Buying Safcon is suicide...there is no way they will keep profits at last years levels, nor going forward is there much hope...
Business opportunities are like buses,there's always another one coming
Back to top
  |
2012
#3 Posted : Monday, September 27, 2010 11:22:59 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
The NSE is very unforgiving. Just how low will scom go?
As for Kenya Airways, kwani what happened at the AGM because it looks like it's headed the same direction as scom?

BBI will solve it :)
Back to top
  |
guru267
#4 Posted : Monday, September 27, 2010 11:40:33 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
There are sooooo many counters on the NSE that would be doing much better if it wasn't for safcon's share tumbling...

Lakini the next support level for the stock is 3.8....
Selling at 5.40 is looking to be the best decision i made this year at the NSE
Mark 12:29
Deuteronomy 4:16
Back to top
  |
mlennyma
#5 Posted : Monday, September 27, 2010 11:43:50 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
There is no panic now real panic will come,this is the problem of setting a high profit trend that cant be sustained...one orbit chewing gum is very expensive than a safcom share na bado.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
sorovi
#6 Posted : Monday, September 27, 2010 11:44:38 AM
Rank: Member

Joined: 8/3/2007
Posts: 146
yes me too.. cleared mine at 5.95 and others at 5.45... I don't think I was ready to watch to get to 2 bob...
Back to top
  |
mlennyma
#7 Posted : Monday, September 27, 2010 11:47:49 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ninyi watu i told you safcom has spoiled the nse,so much investors money is tied in it for fear of making huge losses
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
kyukkamba
#8 Posted : Monday, September 27, 2010 11:57:11 AM
Rank: Member

Joined: 5/28/2010
Posts: 151
guru267 wrote:
There are sooooo many counters on the NSE that would be doing much better if it wasn't for safcon's share tumbling...

Lakini the next support level for the stock is 3.8....
Selling at 5.40 is looking to be the best decision i made this year at the NSE


Some r going to as low as Shirigi Mbiri (2/=. Guru u seem to know where the price will stop dropping....what do u think is the fare value for this counter? and dont tell me it has no fare value...Laughing out loudly ..haki am laughing like anything am sure if MJ sees me he'll sue me...Laughing out loudly
Ni Uhuru wa Mbesha...Niguo kana tiguo?
Back to top
  |
mukiha
#9 Posted : Monday, September 27, 2010 12:05:08 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Trading so far today: foreigners account for over half of the purchases....

Wameona nini?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Back to top
  |
mwanahisa
#10 Posted : Monday, September 27, 2010 12:07:56 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Kyukamba. Hii Counter haina "fare" value. It's share price can hardly pay the minimum Matatu fare anywhere in East Africa.

Having said that I do not expect profits to tumble by 50%. Reason. 5 months of 2010 FY was at the normal tariffs and I expect some growth till then. In H2 that's when the real impact will be felt but I think they will also try and contain some of their costs. I reckon they can make EPS of at least 25 cents.

I am not buying it as yet until it's price stabilizes - I am sure it will at some point. If that price is Kshs 3.00 - 3.50, let's see?!!
Back to top
  |
14 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.