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Access Kenya free fall.
Jaguar
#11 Posted : Wednesday, April 28, 2010 8:59:42 AM
Rank: Member

Joined: 6/7/2007
Posts: 263
Location: humu humu
mv_ufanisi, they have actually spoilt the party for me & other short term traders, was praying it goes lower
VituVingiSana
#12 Posted : Wednesday, April 28, 2010 9:38:08 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Safcom will whack AK... I know safcom service sucks but what safcom doesnt take... there are others...

A new one (Slovekian firm) just entered the market...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mdosi
#13 Posted : Wednesday, April 28, 2010 9:48:05 AM
Rank: Member

Joined: 2/1/2007
Posts: 112
Location: Nairobi
This share is going to the dogs. I bought in 2008 @ 35 but averaged down to 27 with subsequent buying last year. However, i've had to bail out @ 21 making a 24% loss but got into mumias and i'm already 20% up. Safaricom is giving ISPs stiff competition and in fiture, some of them will fold. All the best to those holding this stock but i wouldn't be very confident with it.
It's amazing what you can achieve when you get rid of fear.
Jaguar
#14 Posted : Wednesday, April 28, 2010 12:34:26 PM
Rank: Member

Joined: 6/7/2007
Posts: 263
Location: humu humu
things have now changed,
demand 301,500
suply 125,400
tomorrow....no supply
Gordon Gekko
#15 Posted : Wednesday, April 28, 2010 1:06:43 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
VituVingiSana wrote:
Safcom will whack AK... I know safcom service sucks but what safcom doesnt take... there are others...

A new one (Slovekian firm) just entered the market...


Thought it was an Israeli outfit??
haiyaa
#16 Posted : Wednesday, April 28, 2010 1:14:08 PM
Rank: Member

Joined: 7/23/2008
Posts: 99
Jaguar wrote:
things have now changed,
demand 301,500
suply 125,400
tomorrow....no supply

yeah
It looks like the freefall is over.Its not among the top 5 losers today , may gain back to 20/= but Not sure if it will exceed 25/= this year.
VituVingiSana
#17 Posted : Wednesday, April 28, 2010 1:21:09 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
@GG - AK's founders are Jewish (not Israeli)...

There is a new firm on the news jana (or was it juzi) which is a Slovekian firm paired up with a local firm...

AK will face severe competition going forward...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Msasani
#18 Posted : Wednesday, April 28, 2010 1:40:51 PM
Rank: Member

Joined: 6/26/2008
Posts: 16
If telcos are moving into data coz the latter is more profitable, what r the chances of data providers like AK getting a macho suitor an hit back by moving into voice??...juz wondering
VituVingiSana
#19 Posted : Wednesday, April 28, 2010 1:48:35 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Msasani wrote:
If telcos are moving into data coz the latter is more profitable, what r the chances of data providers like AK getting a macho suitor an hit back by moving into voice??...juz wondering
LOLest... If Telkom/Orange, Yu or Zain seem to be losing cash on voice... why woudl AK get into voice?

Only Safaricom seems to be making cash on voice
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#20 Posted : Wednesday, April 28, 2010 2:03:15 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Got some at 20/-. Was salivating at the prospect of getting some more at 15 - 16.

I am putting aside some cash... just in case.
Life is short. Live passionately.
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