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Safaricom share consolidation vs Tariff wars

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VituVingiSana		#21 Posted : Saturday, October 02, 2010 8:22:33 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		We need the small & the large... Or a market we do not make! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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guru267		#22 Posted : Saturday, October 02, 2010 9:13:20 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		I would personally advocate for a 100:1 share consolidation reducing the number of shares to 400million and driving the price up to 440bob.... This will make the share totally unreachable to the small holder speculators and a play field for fund managers.... I mean if google is trading at $500 a share why cant safcom trade at 440bob?? Mark 12:29 Deuteronomy 4:16
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VituVingiSana		#23 Posted : Saturday, October 02, 2010 9:28:53 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		guru267 wrote: I would personally advocate for a 100:1 share consolidation reducing the number of shares to 400million and driving the price up to 440bob.... This will make the share totally unreachable to the small holder speculators and a play field for fund managers.... I mean if google is trading at $500 a share why cant safcom trade at 440bob?? Safaricom is no Google... LOL... My G-Mail is free. I get free sms from G-mail to Safaricom (not the other way round). Google gives me free Google Docs. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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youcan'tstopusnow		#24 Posted : Saturday, October 02, 2010 9:29:15 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		guru, what happened to Equity when it was trading at 300? Or EA Cables at 600? They split because the people you call ''small holder speculators'' were locked out at those prices. The same will happen to safaricom at 440bob GOD BLESS YOUR LIFE
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VituVingiSana		#25 Posted : Saturday, October 02, 2010 9:33:30 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		KQ was at 11.25 at its IPO... It dropped to 6/- then recovered to 11.25 ended up at 135 then down to 17 & now 47/-... Why worry about Safaricom's 'price'??? If it does well it will rise naturally... If not, it will languish (see Neveready)... Let Safaricom rise or fall on its own merits... @Guru - KPLC was 20/- for years!!! Then it jumped huge... then it fell to 6/- or so... languished at sub-20 & now 238/-... There were no calls for consolidation... so why for Safaricom...? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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guru267		#26 Posted : Saturday, October 02, 2010 10:04:24 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		VituVingiSana wrote: KQ was at 11.25 at its IPO... It dropped to 6/- then recovered to 11.25 ended up at 135 then down to 17 & now 47/-... Why worry about Safaricom's 'price'??? If it does well it will rise naturally... If not, it will languish (see Neveready)... Let Safaricom rise or fall on its own merits... @Guru - KPLC was 20/- for years!!! Then it jumped huge... then it fell to 6/- or so... languished at sub-20 & now 238/-... There were no calls for consolidation... so why for Safaricom...? @VVS One simple reason KPLC has a 27.7 million share float and 7000 shareholders and safcom has a 10billion share float with close to a million shareholders.... So if you think KPLC has been volatile you haven't seen anything yet.... Mark 12:29 Deuteronomy 4:16
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mlennyma		#27 Posted : Saturday, October 02, 2010 10:52:11 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		This is the only way forward,small men prepare to get your bonga points and forget the odd lots created after consolidation. "Don't let the fear of losing be greater than the excitement of winning."
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mukiha		#28 Posted : Sunday, October 03, 2010 10:23:46 PM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		Excuse me, but I feel the need to shout this one very loud: "THE PROBLEM WITH SCOM IS NOT THE NUMBER OF SHARES, BUT THE NUMBER OF SHAREHOLDERS" Share Consolidation would not affect the price movement at all. Shareholder consolidation [which has bee happening since listing] is what will push this share upwards. Still, why do people think 4-to-5 bob is too low for this stock..... operating in a virtually saturated market with little opportunity for growth... and now face severe price wars on all its fronts [voice, data, and money transfer]? 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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guru267		#29 Posted : Monday, October 04, 2010 5:58:58 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		mukiha wrote: Excuse me, but I feel the need to shout this one very loud: "THE PROBLEM WITH SCOM IS NOT THE NUMBER OF SHARES, BUT THE NUMBER OF SHAREHOLDERS" Share Consolidation would not affect the price movement at all. Shareholder consolidation [which has bee happening since listing] is what will push this share upwards. Still, why do people think 4-to-5 bob is too low for this stock..... operating in a virtually saturated market with little opportunity for growth... and now face severe price wars on all its fronts [voice, data, and money transfer]? @mukiha i still think its not ok for a stock of safcoms nature to be a penny stock.... If you look around the world stocks of that nature are always the most expensive in terms of price.... If safcom consolidated to 400million shares this would greatly reduce the number of shareholders gradually.... At the moment every one can speculate on it and i'm not a fan of such stocks... Maybe at 3bob Mark 12:29 Deuteronomy 4:16
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mukiha		#30 Posted : Monday, October 04, 2010 8:39:54 AM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		guru267 wrote: If safcom consolidated to 400million shares this would greatly reduce the number of shareholders gradually.... How will consolidation reduce the number of shareholders? If I have 1,000 shares and you consolidate by 100:1, I end up with 10 shares.... but I am still on the list of shareholders! 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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