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Safaricom share consolidation vs Tariff wars

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guru267		#31 Posted : Monday, October 04, 2010 8:47:40 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		mukiha wrote: 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! I used the word GRADUALLY.... Due to the unreachable price this will prevent many new small shareholders from entering and shares being sold by existing small holders are almost guaranteed to be only taken up by institutions.... Mark 12:29 Deuteronomy 4:16
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sparkly		#32 Posted : Monday, October 04, 2010 8:58:02 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Problem is not many retail investors but many retail investors who hold the minimum 200 shares allocated during the ipo. Life is short. Live passionately.
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mlennyma		#33 Posted : Monday, October 04, 2010 11:06:18 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Get your 10 shares replaced with bonga points and walk away. "Don't let the fear of losing be greater than the excitement of winning."
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mukiha		#34 Posted : Monday, October 04, 2010 11:06:44 AM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		Let this stock be. If you find it too erratic, don't buy it. 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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mukiha		#35 Posted : Monday, October 04, 2010 11:12:41 AM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		And to me, this isn't erratic: 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		#36 Posted : Monday, October 04, 2010 11:20:00 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		mukiha wrote: And to me, this isn't erratic: I'm not sure what is erratic to you.... But if you look at the highs and lows and current price you'll see that safcom is far from a stable counter Mark 12:29 Deuteronomy 4:16
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mukiha		#37 Posted : Monday, October 04, 2010 11:26:59 AM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		@guru; That's why I posted a comparison with KQ. The two follow very similar paths. What shall we do to KQ then? Consolidate as well? NB: the starting point of the curve is immediately aft SCOM IPO 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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2012		#38 Posted : Monday, October 04, 2010 11:32:27 AM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		mukiha wrote: 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! Interesting point @mukiha. Consolidating this counter even at 10:1 would create some headaches for scom, nse, brokers and cma. Plus it would be a pr nightmare for scom as the IPO selling point was to have something for the common mwananchi. I guess that's why they haven't done it yet. BBI will solve it :)
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mjuaji wa stocks		#39 Posted : Monday, October 04, 2010 11:35:14 AM
Rank: Member Joined: 1/16/2010 Posts: 672 Location: nairobi		@All....good arguements boys and girls.....but i have come to love what i hated before.....safaricom... I have discovered that it is actullay a cash cow....but you must be big to milk big......why BECAUSE IT IS the MOST LIQUID COUNTER! CASE IN POINT; Investment amount ksh 500'000/= Conter; safaricom. Current price; 4.30 Total shares = 500'000 -(1.8% * 500'000) = 491'000 / 4.3 = 114'100 shares. Even if the share price rises by 1 bob…I have a cool 114’100/= inclusive of commission. If I want to trade in this counter….i know there is a ready buyer market. For instance during the lowest price level of safcom share which was kshs 2.75/= …if I invested the 491’000/=….i would have 491000/2.75 = 178’500 shares. I would be deligent enough to have sold at the recovery highest price of ksh 5.90/= What would my profit have been….( 178’500 * 5.9) – 491’000/= cost price ) which is = 1’0531’50 – 491’000 = 562’150 plus commissions. After how long??? less then 2 yrs If I invested more money???….your guess is as good as mine…… Therefore …..let those who burn their fingers burn…..but let those who are here to make money……MAKE THE MONEY!! Nimependa nilichokua nachukia!! God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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mukiha		#40 Posted : Monday, October 04, 2010 11:55:35 AM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		mjuaji wa stocks wrote: For instance during the lowest price level of safcom share which was kshs 2.75/= …if I invested the 491’000/=….i would have 491000/2.75 = 178’500 shares. I would be deligent enough to have sold at the recovery highest price of ksh 5.90/= What would my profit have been….( 178’500 * 5.9) – 491’000/= cost price ) which is = 1’0531’50 – 491’000 = 562’150 plus commissions. After how long??? less then 2 yrs If I invested more money???….your guess is as good as mine…… Hindsight is such a beautiful thing! Why didn't you invest...even 49k or 4.9k...and make the profit? If you had 450k today, would you put it in 100,000 shares of SCOM at 4.50? 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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