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Safaricom FY2018
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Ericsson
#121 Posted : Saturday, September 01, 2018 7:37:57 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Telkom Kenya is giving safaricom a serious challenge in the mobile data business aka 4G
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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murchr
#122 Posted : Monday, September 10, 2018 6:16:24 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"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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littledove
#123 Posted : Monday, September 10, 2018 6:24:07 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
murchr wrote:

I think they have a hearing problem, we want data to buy with cash, ie increase data or reduce the purchase amount
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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VituVingiSana
#124 Posted : Monday, September 10, 2018 6:37:28 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
littledove wrote:
murchr wrote:

I think they have a hearing problem, we want data to buy with cash, ie increase data or reduce the purchase amount

Safcom has a huge grip on the data market and this behavior will continue as long as Saf has a strong position.

I switched to Faiba4G using their modem but it is not for everyone.
- 5,600 for the modem so I carry an extra device.
- I have to keep it charged. Eventually the battery's life will be unacceptable.
- I use it primarily in "old" Nairobi and CBD/Nyali Mombasa. Some say it doesn't work well in "larger" Nairobi or upcountry.
- It may shut down if they don't pay their bills/fees.
- Sometimes it is slower than normal.
- I have a backup/alternate for the reasons stated above.

The savings make up for the hassle. The monthly bundle of 25Gb costs 1,000/- which buys only 3Gb from Safcom (reliable) or 6Gb from Airtel (slow).

If the others gain momentum then Saf might find it tough to claw back the market share.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#125 Posted : Monday, September 10, 2018 7:06:36 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
littledove wrote:
murchr wrote:

I think they have a hearing problem, we want data to buy with cash, ie increase data or reduce the purchase amount


They are holding so much of my money in terms of bonga points so i'll not hesitate to use this opportunity
"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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Angelica _ann
#126 Posted : Monday, September 10, 2018 7:40:15 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
murchr wrote:
littledove wrote:
murchr wrote:

I think they have a hearing problem, we want data to buy with cash, ie increase data or reduce the purchase amount


They are holding so much of my money in terms of bonga points so i'll not hesitate to use this opportunity


Yap they are trying to reduce Bonga point liability / exposure in their books. They know they will still mumunya the data.
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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VituVingiSana
#127 Posted : Monday, September 10, 2018 8:07:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Angelica _ann wrote:
murchr wrote:
littledove wrote:
murchr wrote:

I think they have a hearing problem, we want data to buy with cash, ie increase data or reduce the purchase amount


They are holding so much of my money in terms of bonga points so i'll not hesitate to use this opportunity


Yap they are trying to reduce Bonga point liability / exposure in their books. They know they will still mumunya the data.

I don't think the issue is the liability since Safcom would rather sell you data for cash. The Bonga liabilities matter little to Saf since Safcom has the upper hand in valuing these Bonga Points.

This offer is a smart way of keeping subscribers from vuka-ing to other providers.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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littledove
#128 Posted : Monday, September 10, 2018 8:57:45 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
VituVingiSana wrote:
Angelica _ann wrote:
murchr wrote:
littledove wrote:
murchr wrote:

I think they have a hearing problem, we want data to buy with cash, ie increase data or reduce the purchase amount


They are holding so much of my money in terms of bonga points so i'll not hesitate to use this opportunity


Yap they are trying to reduce Bonga point liability / exposure in their books. They know they will still mumunya the data.

I don't think the issue is the liability since Safcom would rather sell you data for cash. The Bonga liabilities matter little to Saf since Safcom has the upper hand in valuing these Bonga Points.

This offer is a smart way of keeping subscribers from vuka-ing to other providers.

I think most of those who have accumulated bundles won't bother the offer including me, 1gb which will just melt away is not worth those bonga point, better accumulate more and redeem a phone, I will continue with my 3gb for only ksh500 with Airtel and just use my saf line for calls and mpesa
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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murchr
#129 Posted : Monday, September 10, 2018 10:17:21 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
From the grapevine, there's a plan to introduce 5K prepaid line unlimited call txts and data
"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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VituVingiSana
#130 Posted : Monday, September 10, 2018 10:43:01 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
murchr wrote:
From the grapevine, there's a plan to introduce 5K prepaid line unlimited call txts and data

Now we are talking! Applause Applause Applause
Can I hotspot?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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