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Safaricom results FY 2010
kingauwi
#1 Posted : Monday, May 24, 2010 10:00:24 AM
Rank: Member

Joined: 11/17/2009
Posts: 99
When is Safaricom releasing their results?
I gather that, last year they did so around 18th may, declaring a .10 dividend.

Do we expect better results that can drive the share price anywhere around 7.00/?
First they ignore you, then they laugh at you, then they fight you, then you win!
guru267
#2 Posted : Monday, May 24, 2010 10:13:42 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
they are releasing the results on wednesday...
they are expected to be very good with a surprise int he dividend payout...

this stock has been sold in the past weeks due to the problems with the CCK and problems in Europe which means the huge number of forign shareholders are taking profits for re patriation...

but as a self proclaimed stocks analyst if the results come out as expected with PBT above 20billion then i expect the share price to shake off all these worries
Mark 12:29
Deuteronomy 4:16
BGL
#3 Posted : Monday, May 24, 2010 10:15:17 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
On their website, Safaricom has indicated that it will release their results on May 26..... only 2 days from today.


http://www.safaricom.co.ke/index.php?id=840
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
kingauwi
#4 Posted : Monday, May 24, 2010 10:30:22 AM
Rank: Member

Joined: 11/17/2009
Posts: 99
Thanks all,
I remain very pregnant over this.
First they ignore you, then they laugh at you, then they fight you, then you win!
the deal
#5 Posted : Monday, May 24, 2010 10:31:01 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@ madam guru true that...@ 5.60 scom is buy buy buy..10% rule will be suspended on wednesday..
mv_ufanisi
#6 Posted : Monday, May 24, 2010 10:46:39 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
Hope for the best. It's likely some foreign investor will offload so much that the share gain will be minimized. A sneeze in the developed markets and they offload like there's no tomorrow.
B.Timer
#7 Posted : Monday, May 24, 2010 10:53:23 AM
Rank: Veteran

Joined: 5/31/2008
Posts: 1,076

It's one and half days to the date, yet the stock is not appreciating.
In fact in the last few days it has been moving in the wrong direction!

Might there be other factors at play?
Dunia ni msongamano..
the deal
#8 Posted : Monday, May 24, 2010 11:01:57 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@ B-timer there r no factors @ play here..its just this Europe debt crisis keeping investors @ bay...you buy when theres blood in the street...LOL
Surealligator
#9 Posted : Monday, May 24, 2010 11:03:54 AM
Rank: User

Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
kingauwi wrote:

When is Safaricom releasing their results?
I gather that last year the did so around 18th may declaring a .10 dividend.

Do we expect better results that can drive the share price anywhere around 7.00.


@Kingauwi

Next time, please, let you heading give an ideal of what you are asking. I thought the guys have already released the results by reading your heading. I had to stop at a very dangerous place to in order to read the bomb. Wee bana, usishtue tena hivyo. Anyway, thanks for bringing the phenomena's announcement date to my attention.

Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
kingauwi
#10 Posted : Monday, May 24, 2010 11:53:43 AM
Rank: Member

Joined: 11/17/2009
Posts: 99
Surealligator wrote:
kingauwi wrote:

When is Safaricom releasing their results?
I gather that last year the did so around 18th may declaring a .10 dividend.

Do we expect better results that can drive the share price anywhere around 7.00.


@Kingauwi

Next time, please, let you heading give an ideal of what you are asking. I thought the guys have already released the results by reading your heading. I had to stop at a very dangerous place to in order to read the bomb. Wee bana, usishtue tena hivyo. Anyway, thanks for bringing the phenomena's announcement date to my attention.



Pole sana Mr. Mamba.
Mshtuko not intended.

Lakini come Wednesday, there is no telling.
Join me in keeping vigil.

Na mchunge ma-cardiac arrest.
First they ignore you, then they laugh at you, then they fight you, then you win!
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