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SCOM at Kshs. 4
Rank: Elder Joined: 9/7/2010 Posts: 2,148 Location: elderville
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KulaRaha wrote:Pablo wrote:Theyve stopped with immediate effect all recruitment. What will be their next step? Retrenchement during the months of Oct, Nov, Dec... Shareholder value, peculiar habits.... That looks like the most likely outcome. And I have friends and family working for them. Worrying. On the one hand I don't like being exploited by companies charging way too much and making supernatural profits and on the other I don't want my family and friends to lose jobs. He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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Lesson: Do not be emotional about stocks. Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Elder wrote:KulaRaha wrote:Pablo wrote:Theyve stopped with immediate effect all recruitment. What will be their next step? Retrenchement during the months of Oct, Nov, Dec... Shareholder value, peculiar habits.... That looks like the most likely outcome. And I have friends and family working for them. Worrying. On the one hand I don't like being exploited by companies charging way too much and making supernatural profits and on the other I don't want my family and friends to lose jobs. I agree 100%. But where do we balance between crazy profits and job losses? This is a terrible situation. 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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I do not know what other cards MJ has. Me thinks all the service providers are bleeding and they might just strike a deal, where they may increase the prices upwards, oil industry-like
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Orange said voice is dead,voice cant die alone the company follows suit. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/6/2008 Posts: 3,579
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@pkoli, there is no need to form a cartel (by the way bharti and others were forced to meet and raise 'permanent' costs just friday this week in india), apart from the share price and profits sliding by half, safcom has everything to gain by slushing cost further. Let him give a profit warning, reassure shareholders and slush tarrifs to 1.50/- on a promotional offer and watch the other guy bleed to death. If he lets it continue to survive through a deal, it could turn round on us in future. I say strike when the iron is hot. I have seen the september 15 figures and zain gained dot and are now in a major loss position, meanwhile bharti has lost 15% market share in Africa to Vodafone. With their 10bill usd loan for zain africa and their fast eroding profits in india, zain kenya is doing its swan dance. Ras Kienyeji Man
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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The jamaas at Airtel are very, very smart! Instead of paying Tens of Millions maybe even 100mn+ to ad agencies or advertisers like ScanGroup or Nation Media... they have gained Kenyans attention & loyalty by CUTTING prices! Kenyans were fed up of seeing another name (KenCell - Celtel - Zain - Airtel) but thanks to the 3/- offer people KNOW about Airtel. The media reports it all the time. Even if Zain-Airtel were to change names, people dont care! They want the 3/- offer! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@Much Know nice strategy...MJ should issue a profit warning & slash calling rates to all networks to 1.50 bob...hahahahahaha i'm sure a few executives @ Zain will go bald...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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the deal wrote:@Much Know nice strategy...MJ should issue a profit warning & slash calling rates to all networks to 1.50 bob...hahahahahaha i'm sure a few executives @ Zain will go bald... If he does such a thing, the share will be trading at 1 bob. You will be buying your nephews and nieces sweets and the little kids will be telling you eagerly, ''Unko, si ungetununulia tu shares za Safaricom'' GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Much Know wrote:@pkoli, there is no need to form a cartel (by the way bharti and others were forced to meet and raise 'permanent' costs just friday this week in india), apart from the share price and profits sliding by half, safcom has everything to gain by slushing cost further. Let him give a profit warning, reassure shareholders and slush tarrifs to 1.50/- on a promotional offer and watch the other guy bleed to death. If he lets it continue to survive through a deal, it could turn round on us in future. I say strike when the iron is hot. I have seen the september 15 figures and zain gained dot and are now in a major loss position, meanwhile bharti has lost 15% market share in Africa to Vodafone. With their 10bill usd loan for zain africa and their fast eroding profits in india, zain kenya is doing its swan dance. Share those Sept figures with us Business opportunities are like buses,there's always another one coming
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