Thanks guys for clearing that up. I managed to download their 2004 to 2008 Annual Reports from their website and my interest has tripled. I kept googling Jubilee Holdings and Jubilee Insurance kept coming up but finally got it.
@mukiha I'm also looking at getting in.

ACTIVITY 5: PURCHASE OF 100,000 SHARES OF SAFARICOM AT KSH 5.35

DATE: 12TH FEBRUARY 2010

Value of transaction: 100000 X Ksh5.35 = Ksh535000
Add transaction costs(2%)=Ksh 10700

Total cost of purchase= Ksh 545700

Cash in Hand after activity 4: Ksh 776250
Less cost of purchase(activity 5): Ksh 545700

Cash in hand after activity 5:Ksh 230550

RATIONALE OF PURCHASE:
I had a shortlist of three shares but narrowed down to Safaricom due to very high liquidity of the share, good results expected for 2009, alot of local and foreign investors attention,and market dominance.

One challenge for a speculator is the ease of entry and exit from a counter and hence Safaricom is quickly becoming a speculators dream.

Happy hunting

@ stocksmaster good move...you really teaching us how to play the game...having gotten in @ 5.35 whats your exit price or target?

@stocksmaster - I think you could have gotten them cheaper but your objectives (& success with Mumias) are different from mine...

And hats off to your buy + sell on Mumias...

@the deal: Eskom is government owned but tell me more about NamPower...