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Safaricom results FY 2010
makmende
#41 Posted : Tuesday, May 25, 2010 2:52:31 PM
Rank: New-farer

Joined: 5/14/2010
Posts: 26
Location: kenya
the deal wrote:
@ makmende safaricom is the makmende of the NSE...LOL...

but do you say?
Quote:
roho juu
Roho Juu
kainvestor
#42 Posted : Tuesday, May 25, 2010 3:51:44 PM
Rank: Member

Joined: 3/26/2007
Posts: 7
Wait for some improved earnings on per share and in revenues...
I will be buying more....
sheep
#43 Posted : Tuesday, May 25, 2010 4:09:49 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
...meanwhile foreigners will continue dumping the stock...no amount of good earnings will stop them...lets see how well anaemic local investors can hold the stock.....below 5.00 is my price.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
cnn
#44 Posted : Tuesday, May 25, 2010 4:17:50 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
i agree with @sheep, the global equities sell off has acclerated today,the DOW is now below 10 000 and has lost more than 10% within a few sessions.Expect the sell buttons here and that may not be limited to safcom.Are we in late 2008 again?
qw25041985
#45 Posted : Tuesday, May 25, 2010 4:28:51 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Some analysts are sayin that this is just a common market correction and that the economy (US) is on it way to recovery....i tend to believe this and i donot see why some people are even sujesting that brokers should start short selling there in the US !!!!(meaning that the situation can only get worse)......I Believe that the Dow and all those other indices will rebound confirming that 2010 is they year of great prosperity.

As for Europe thats another story all together.This huge bailout are just making the situation worse,sort of a cosmetic procedure on the debt crisis there, but yet again what was at stake was the whole of the Euro zone.I guess a balance had to be struck....
Your future depends on your dreams so go to sleep !
the deal
#46 Posted : Tuesday, May 25, 2010 5:07:45 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
if foreigners dump stocks in ermeging markets...where will they take their cash to??? we all know the returns are high here!!!
kizee
#47 Posted : Tuesday, May 25, 2010 5:12:46 PM
Rank: Member

Joined: 1/9/2008
Posts: 537
the deal wrote:
if foreigners dump stocks in ermeging markets...where will they take their cash to??? we all know the returns are high here!!!



dude...i hav been singing this song since last year jan! wtf are guys avoided markets like ours where real returns are +ve? ati contagion sijui nini...IKO NINI!! anyway i know of one offshore bank thats been long kenyan equities since jan last year...guys have made a mad killing...i know coz the equities trader told me as much
kainvestor
#48 Posted : Tuesday, May 25, 2010 5:38:53 PM
Rank: Member

Joined: 3/26/2007
Posts: 7
Watch the announcement live on this link:
http://www.safaricom.co.ke/index.php?id=1391
Much Know
#49 Posted : Tuesday, May 25, 2010 6:15:38 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
@kizee and @deal, in economics, the higher the returns in a market, the higher the interest(compare developed and undeveloped markets). Risky markets i.e low input high return in finance are also riskier i.e kuchomeka kabisa kabisa!. The reason why big money stays in big economies is that you need very big capital to make very little interest in a very safe environment and hence a low interest rate as people with big money hunt for safe havens. Thats is why everyones eyes are always trained on America! With all due respect to kizees skills in 'flactuatory economics'
Ras Kienyeji Man
Much Know
#50 Posted : Tuesday, May 25, 2010 7:21:50 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
And even seeing the aforesaid, why is bill and melinda gates pumping cash into mkesho? And warren buffet pumped all his cash in bill and melinda? Ama warren anachomeka? Or desparate? Think about it, then sell or, hold.
Ras Kienyeji Man
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