I got this share at the inflexion pt Ksh4.40 for once and I think an exit of Ksh5.10 looks possible.
Come on Safaricom!

:-d I love this share...:-d Just love it....Wachana na kelele za wale who are giving sooooooooo many reasons to dump this share...Ati delisting,consolidating,tumeibiwa......Bla..Bla..Bla....tengeneza pesa wachana na story Nyiiiiiiiigi....

[quote=hisah]I have been looking at it since it broke below 5/- and through the 4.50 support level with no rebound. It looks like a pump and dump operation which may stretch to 5.40. 2H results will be lean and will definitely affect the PBT figure.
Or are the current buyers also calling the Zain price war a bluff? If this is true, come end of November when the safcom offer ends, this elephant could rally back to 6/- considering the quick sell off.
Mr. Market is always weird...[/quote]


Nicely said!!!!=d> how ever I think it will only peak at 5.00 or perhaps 5.10

[quote=guru267]when this share broke 4.5 i knew for sure i would catch it at 3.8 but i think the market is factoring the MPESA story of incresing deposits from 35k-50k....


then again i also agree there seems to be alot of pump and dump going on in sfcom.

I'm pretty happy watching this story unfold from the sidelines seeing as i conviniently put all my safcom proceeds into KCB at 18.5..... No regrets[/quote]

add that the market has realised that zain is not breaking into the stronghold of taking significant customers from safcom as was feared

[quote=mjuaji wa stocks]Here to make money...loving what i once hated!!

Whether pump and dump or not ... i am here to make money....if the only way to make money is pump and dump.....then i'd better be smarter in this game!!

As i said in another thread....safcom is a cash cow.

116'200 shares @ 4.30........my exit price 5/-

Tungoje.:-) :-) :-) :-) :-) [/quote]

Nice, we are all here for the same reason just make sure you dont lose your soul