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Safcom to trade at 2.50 ex div
erifloss
#21 Posted : Saturday, September 10, 2011 1:20:08 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
I believe an investor is not only a person who invests in valuable fundamentaly sound business but is one who knows how to beat the market by spreading his risks well, getting good returns on his capital while preserving the same in the long run. The reality is Cash, treasuries, commodities & companies with consistent div payouts & div yields before the price declines (after the price falls most companies now have crazy div yields) are the best to hold now. Guys are losing more than they think for example simply for a share that has lost 30%, for the same share to get to its former price it has to gain 43%. If at the time of purchase the div yield was around 5% then the same share will have to gain around 34% to get to the same value. All the above is exclusive inflation and any other gain one might want to make.
So guys who talk about add at every low apart from speculators do lie to people.
Safcom at sub 1 is a pipe dream.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
the deal
#22 Posted : Saturday, September 10, 2011 6:23:19 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Depending on how the 1H results go one can not rule out anything...the upcoming 1H results will be the most interesting in Safcom's time @ the bourse...if one looks at inflation...the weak Shilling pushing up Capex...high finance costs...competition...in view of the above it will be a tall order for Safcom to match last years earning.
QW25081985
#23 Posted : Saturday, September 10, 2011 6:54:03 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
the deal wrote:
Depending on how the 1H results go one can not rule out anything...the upcoming 1H results will be the most interesting in Safcom's time @ the bourse...if one looks at inflation...the weak Shilling pushing up Capex...high finance costs...competition...in view of the above it will be a tall order for Safcom to match last years earning.


i saw the ceo on telly and by the look of things this inflation is eating into the business big time . lets wait early nov to see how the results will be like ..!!!
I hope the results bearishness provides a catalyst to break the 2.55 LOW !!!!!!!!
Hapo i'll top up my phone with 1k credo to celebrate !!!!!!!!!!!!!!
mlennyma
#24 Posted : Saturday, September 10, 2011 8:12:17 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kenyans are enemies of themselves,whats there to celebrate when our companies and especially top tax payers dont fair well?
"Don't let the fear of losing be greater than the excitement of winning."
earthvoice
#25 Posted : Sunday, September 11, 2011 1:24:12 AM
Rank: Member

Joined: 1/29/2011
Posts: 257
40 million shares traded on Friday... haven't quite figured this share out...Think
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
Kabird
#26 Posted : Sunday, September 11, 2011 3:55:01 AM
Rank: New-farer

Joined: 2/6/2011
Posts: 60
I would love this stock to trade at the current ranges as i accumulate more. I would be love to bring my averages down to Ksh: 3-3.5 range
dunkang
#27 Posted : Sunday, September 11, 2011 7:56:25 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Kabird wrote:
I would love this stock to trade at the current ranges as i accumulate more. I would be love to bring my averages down to Ksh: 3-3.5 range


Already averaged mine to 3.41. Am a happy guy for that. I need to average down my E.A Cables, but don't feel safe with their current price of 11.20.
Receive with simplicity everything that happens to you.” ― Rashi

the deal
#28 Posted : Sunday, September 11, 2011 9:06:24 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Gosh cost averaging on Safaricom is suicide
...i said expect anything...don't rule out even below 2bob...be wise...stay ahead of the curve...
hisah
#29 Posted : Sunday, September 11, 2011 9:48:05 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Too bad britank was introduced & now mpesa emotional sour grapes are now running out.

In 2009 when this elephant hit a low of 2.55 the turnover was...
In 2011 @2.85 - 3 range what is the turnover...

Hope the pessimism holds out longer for the accumulation to last longer @2/- levels. If it can break 2/- it will be manaa stocks from heaven smile

This a cheap bank, maybe the cheapest in the world...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
dunkang
#30 Posted : Sunday, September 11, 2011 10:10:32 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
the deal wrote:
Gosh cost averaging on Safaricom is suicide
...i said expect anything...don't rule out even below 2bob...be wise...stay ahead of the curve...


Deal, I respect you a lot, but on this, you have FAILED BADLY! M-Pesa can't go sub 2.50 let alone sub 2.00. That's a bet!

hisah wrote:
Too bad britank was introduced & now mpesa emotional sour grapes are now running out.

In 2009 when this elephant hit a low of 2.55 the turnover was...
In 2011 @2.85 - 3 range what is the turnover...

Hope the pessimism holds out longer for the accumulation to last longer @2/- levels. If it can break 2/- it will be manaa stocks from heaven smile

This a cheap bank, maybe the cheapest in the world...


As for Britank, why is it not appearing in most sites i.e. nse.co.ke, mystocks.co.ke, bloomberg.com. They are only in rich.co.ke, yet its price is not shown.

Seems its a jewel in waiting. Many have been disappointed, even H.E M.K!
Receive with simplicity everything that happens to you.” ― Rashi

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