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Safaricom FY17 PBT 67BN
Rank: Elder Joined: 12/7/2012 Posts: 11,935
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MadDoc wrote: n they were so intent on this dream. Social mood tingz  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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There is always another bus...The guys who bought CIC at 3.30 made cash this year... As long as you are alive there is money to be made...tons of it. possunt quia posse videntur
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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maka wrote:There is always another bus...The guys who bought CIC at 3.30 made cash this year... As long as you are alive there is money to be made...tons of it. @maka 
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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bartum wrote:maka wrote:There is always another bus...The guys who bought CIC at 3.30 made cash this year... As long as you are alive there is money to be made...tons of it. @maka I know DTB left me but i got into NIC bank at 24/26, fingers crossed i will exit at 40 - this was purely for speculation purposes. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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BD wrote:Safaricom SCOM • 26.75 ▲ 5.94% chief executive Bob Collymore has increased his stake in the telecommunications firm by buying 296,400 additional shares, the company’s latest annual report shows.
Mr Collymore purchased the shares worth about Sh7.48 million in the year to March, bringing his total stake to 1,518,600 shares worth about Sh38.3 million based on closing average price of Sh25.25 a piece on Thursday.
Nancy Macharia, an independent director, increased her shares by 27,000 to close the year at 70,000 which are currently valued at Sh1.76 million.
Sateesh Kamath, who has been Safaricom’s firm’s chief financial officer for a year, also bought 50,000 shares worth Sh1.26 million.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Under Bobcollymore SafaricomLtd's share price has risen by more than 480% from Sh 4.68. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Safaricom Kshs. 26.50 (+9.28%) zipped through the market in a convoy of 37,906,200 shares. The ticker touched all-time highs of Kshs. 27 during the week. Immense value creation has taken place. The share fell to all-time lows of Kshs. 2.40 early in 2009, halving its IPO price of Kshs. 5, much to the chagrin of the initial subscribers. If you would have bought 10,000,000 shares in those dark days, worth Kshs. 24,000,000, which would have been the cost of a good house at that time, you would now be holding Kshs. 265,000,000 worth of green shares. That’s a return of a whopping 1,000%! The company is set to grow even further. With the expected launch of its Amazon like ecommerce website (which may even turn into a gargantuan Alibaba like website), a ‘new MPESA’ is going to come forth. Another cash cow. The company’s expansion beyond Africa is also imminent. Acquisition by Vodacom Group of an effective 35% stake in Safaricom, will enable the telecommunications giant’s board to be more aligned towards its African interests and expand more easily into the lucrative continent. This share can break Kshs. 100 in the long-term if earnings are increased to Kshs. 5 per share, but expansion may also require additional capital. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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Ericsson wrote:Safaricom Kshs. 26.50 (+9.28%) zipped through the market in a convoy of 37,906,200 shares. The ticker touched all-time highs of Kshs. 27 during the week. Immense value creation has taken place. The share fell to all-time lows of Kshs. 2.40 early in 2009, halving its IPO price of Kshs. 5, much to the chagrin of the initial subscribers. If you would have bought 10,000,000 shares in those dark days, worth Kshs. 24,000,000, which would have been the cost of a good house at that time, you would now be holding Kshs. 265,000,000 worth of green shares. That’s a return of a whopping 1,000%! The company is set to grow even further. With the expected launch of its Amazon like ecommerce website (which may even turn into a gargantuan Alibaba like website), a ‘new MPESA’ is going to come forth. Another cash cow. The company’s expansion beyond Africa is also imminent. Acquisition by Vodacom Group of an effective 35% stake in Safaricom, will enable the telecommunications giant’s board to be more aligned towards its African interests and expand more easily into the lucrative continent. This share can break Kshs. 100 in the long-term if earnings are increased to Kshs. 5 per share, but expansion may also require additional capital. Expansion outside Kenya will be tricky. I am waiting to see what miracle they will perform to get mpesa out there without being a fully fledged telecommunication company.
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Rank: Member Joined: 2/20/2007 Posts: 359
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watesh wrote:Ericsson wrote:Safaricom Kshs. 26.50 (+9.28%) zipped through the market in a convoy of 37,906,200 shares. The ticker touched all-time highs of Kshs. 27 during the week. Immense value creation has taken place. The share fell to all-time lows of Kshs. 2.40 early in 2009, halving its IPO price of Kshs. 5, much to the chagrin of the initial subscribers. If you would have bought 10,000,000 shares in those dark days, worth Kshs. 24,000,000, which would have been the cost of a good house at that time, you would now be holding Kshs. 265,000,000 worth of green shares. That’s a return of a whopping 1,000%! The company is set to grow even further. With the expected launch of its Amazon like ecommerce website (which may even turn into a gargantuan Alibaba like website), a ‘new MPESA’ is going to come forth. Another cash cow. The company’s expansion beyond Africa is also imminent. Acquisition by Vodacom Group of an effective 35% stake in Safaricom, will enable the telecommunications giant’s board to be more aligned towards its African interests and expand more easily into the lucrative continent. This share can break Kshs. 100 in the long-term if earnings are increased to Kshs. 5 per share, but expansion may also require additional capital. Expansion outside Kenya will be tricky. I am waiting to see what miracle they will perform to get mpesa out there without being a fully fledged telecommunication company. The most straightforward approach is by licensing and providing the infrastructure and support.
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