@muchur, muganda. I'm with Bob on this one. The more successful you are the more pple want a piece of the pie. You would think that safaricom is a government entity based on the spirit of the petitioner. Yet a company like KQ or Mumias gets no airtime. But coz they broke no one cares.

FY announcement start at 7:30am.



Using this PAT estimate the following estimates can be derived -

Est EPS = 91cts (13.8% increase vs 80cts)
Est DPS = 72cts (12.5% hike vs 64cts)
Fwd PER (P/E) = 18.63 (16.95/0.91)

This will indicate a slowdown in H2... Mpesa bank traditionally has a better return in H2. Are things flipping? Is the micro econ on the ropes? Telco service affordability vs food affordability. Is consumer spending slipping? Less wages = less spending.

CBK released microeconomic report recently telling Kenyans that inflation has dropped. Inflation is all time high. I know these guys rely on scanty info based on the general fallacy that oil prices are down. Food prices are going up every year. Fare prices are also forcing their way up despite drop in global oil price. Things are not normal out there KRA missed the target. KRA is now planning to storm mobile money transfer to smoke out tax cheats. It is terrible.

But the PE is still high bana @t 19.