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SAFARICOM END YEAR RESULTS OF 31 /03/09.
ddsimiyu
#1 Posted : Monday, March 30, 2009 12:34:00 PM
Rank: Member

Joined: 1/8/2007
Posts: 116
Location: Kampala
What do you think will be the effect! Price down to 2 or up to 5.

Desiderious
Kwanini
#2 Posted : Monday, March 30, 2009 2:36:00 PM
Rank: Member

Joined: 1/28/2009
Posts: 353
Location: Cloud
Safcon was to give priority to their syndicated loans.

A dig into the prospectus shows the amounts do not look good!

A look into the crystal ball indicates a dip.... less than 3/- unless they pay 0.05 cents dividends

Dig for the long haul!!!

'I am the master of my fate;
I am the captain of my soul.'-Invictus
"For i am the master and the captain of my fate"
Ray
#3 Posted : Tuesday, March 31, 2009 11:49:00 AM
Rank: Member

Joined: 1/9/2007
Posts: 219
Anyone with information on the results so far?
VituVingiSana
#4 Posted : Wednesday, April 01, 2009 9:30:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,383
Location: Nairobi
LOL. It will cost more to send the dividend!!!

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
jammo
#5 Posted : Wednesday, April 01, 2009 4:52:00 PM
Rank: Member

Joined: 2/12/2008
Posts: 345
The year just ended..31st of march? I doubt any factual projection can be made now.

DISCLAIMER: This is the opinion of one Jammo,CFA,CPA,Opinionated and Loud,based in nairobi. Whilst care has been taken in compiling the data to be as most factual n logical,he doesn't accept any responsibility of accuracy or completeness of info contained herein..neither does he purport to be a genius!
ddsimiyu
#6 Posted : Wednesday, April 01, 2009 6:40:00 PM
Rank: Member

Joined: 1/8/2007
Posts: 116
Location: Kampala
Jammo will never support any counter other than Equity despite it's characteristics of a 'club merry go around' and 'pyramid' scheme. I think he could be Equity's chief propaganda clerk.

Desiderious
Kwanini
#7 Posted : Thursday, April 02, 2009 2:05:00 PM
Rank: Member

Joined: 1/28/2009
Posts: 353
Location: Cloud
Safcon trading at 2.85.

MJ had better bring in a magician to support this stock

Kupatia watu credit may bring in some cash but......



'I am the master of my fate;
I am the captain of my soul.'-Invictus
"For i am the master and the captain of my fate"
ecstacy
#8 Posted : Thursday, April 02, 2009 3:40:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
I believe it will be one of the largest beneficiaries of the TEAMS project,something I don't think the current pricing has factored. It owns 20% of the project! In terms of strategy...Michael Joseph is even the TEAMS chairman and spokesman..This counter was great bet for Kenyans during its IPO but for most,expectations went unfulfilled to say the least. The opposite can equally happen with the ICT boom. ..only if...

What does it take to do a share consolidation/ buy back? Talk of this anywhere in SCOM not end year results may reverse sentiment...focus back to the results..
virji1988
#9 Posted : Friday, April 03, 2009 5:59:00 AM
Rank: Member

Joined: 12/7/2006
Posts: 48
when r the results coming out!
doh
#10 Posted : Friday, April 03, 2009 6:50:00 AM
Rank: Member

Joined: 4/15/2008
Posts: 58
The same jammo and Wanguyu were crying that the coop ipo should be postponed to Feb 09. If his call had been heeded; it would have been a bloodbath for Co-op. Nevertheless Jammo's posts are very insightful. But just donot believe everything he posts.

info is money
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