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Goodness!!! Safaricom HY 2011-2012 RESULTS Down 50%
maligumu
#61 Posted : Wednesday, November 09, 2011 8:40:14 PM
Rank: Member

Joined: 2/22/2010
Posts: 510
Location: De egg
What is the true value of Safaricom . Emotions Aside . Educate the Girl child . Zaidia Wanjiku .
Peace be with you
Cde Monomotapa
#62 Posted : Wednesday, November 09, 2011 8:40:56 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
2.25

Sober
#63 Posted : Wednesday, November 09, 2011 8:45:15 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
In as much as the counter may seem as if it is in the disastor level i can assure you that it will not pull an ever ready.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
mlennyma
#64 Posted : Wednesday, November 09, 2011 8:47:55 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The long awaited wedding between safcom and eveready takes place tomorrow 9.30am kenyan time at the nse where they will vow before investors to live together as husband and wife!!!..please be seated.
"Don't let the fear of losing be greater than the excitement of winning."
Cde Monomotapa
#65 Posted : Wednesday, November 09, 2011 8:48:10 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Bottom line, I still hold a lot of respect for the GoK being extra shrewd by packaging a 50B IPO and selling history to the investing public smile credits go out to Uncle Hon. Kimunya (best Finance Minister ever!) and Scangroup ;-)
Cde Monomotapa
#66 Posted : Wednesday, November 09, 2011 8:51:07 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mlennyma wrote:
The long awaited wedding between safcom and eveready takes place tomorrow 9.30am kenyan time at the nse where they will vow before investors to live together as husband and wife!!!..please be seated.

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Nabwire
#67 Posted : Wednesday, November 09, 2011 8:53:56 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Interesting, so there problem is managerial not realy the product itself. That can be fixed, they need to do a paradigm shift and focus on the bottom line, profits!!! Im just wondering how their operational income and other expenses rose by 50%??? This shows very bad financial decision making by management. Hopefully in 3-5 years, it will have sorted this out, I sense a good opportunity to buy when it completely crashes!
mlennyma
#68 Posted : Wednesday, November 09, 2011 9:03:20 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Safcom spends bigtime on adverts and now forex eats 1.3b but going forward i think 2nd half will be better due to a strengthening shilling,easing inflation and expense cuts.
"Don't let the fear of losing be greater than the excitement of winning."
Sober
#69 Posted : Wednesday, November 09, 2011 9:06:38 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
How long will the 10% rule be lifted after an important announcement on a counter?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Ilikeyou
#70 Posted : Wednesday, November 09, 2011 9:15:43 PM
Rank: Member

Joined: 11/21/2007
Posts: 152
Location: Nairobi
can some pls educate me on when a co is required to issue a profit warning?
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