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Safaricom HY 2018/2019
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murchr
#111 Posted : Friday, January 11, 2019 11:04:29 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
ombaalbt wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector



Share what you know priss


Bharti airtel to give Tanzania bigger stake in local telcom firm
It will transfer 9% to the government which will now own 49%.
Bharti will also pay Tanzania's government past dividends for 8-10 years which it had not received.
Bharti will remain with a 51% stake in the entity.



Quote:
Magufuli had said in 2017 that state-run Tanzania Telecommunications Company Ltd (TTCL) owned the local subsidiary of Bharti Airtel outright but had been cheated out of shares.

Bharti Airtel had disputed this, saying it received all the required approvals from the state when it bought a 60 percent stake and had complied with all government rules.

Magufuli said in Friday's statement that, in addition to giving the government more shares, Bharti Airtel had agreed to pay dividends to the state.
"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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kawi254
#112 Posted : Friday, January 11, 2019 11:53:31 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.
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Ericsson
#113 Posted : Saturday, January 12, 2019 7:20:43 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
kawi254 wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.


Consolidation
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ebenyo
#114 Posted : Sunday, January 13, 2019 12:45:40 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
kawi254 wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.


Consolidation


Over the last eight trading days safaricom has traded 75,609,600 shares.Followed by kenya power at 19,574,200.
Towards the goal of financial freedom
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Ebenyo
#115 Posted : Sunday, January 13, 2019 1:38:02 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
kawi254 wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.


Not really.The demand is high.It started the week at 21.45 and closed at 23.40.
Towards the goal of financial freedom
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Ericsson
#116 Posted : Monday, January 14, 2019 1:01:24 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ebenyo wrote:
kawi254 wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.


Not really.The demand is high.It started the week at 21.45 and closed at 23.40.

25 will be crossed this week
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ebenyo
#117 Posted : Monday, January 14, 2019 8:44:50 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
Ebenyo wrote:
kawi254 wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.


Not really.The demand is high.It started the week at 21.45 and closed at 23.40.

25 will be crossed this week



The volumes will have to be 60 million and above.
Towards the goal of financial freedom
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Ericsson
#118 Posted : Tuesday, January 15, 2019 11:51:50 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ebenyo wrote:
Ericsson wrote:
Ebenyo wrote:
kawi254 wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.


Not really.The demand is high.It started the week at 21.45 and closed at 23.40.

25 will be crossed this week



The volumes will have to be 60 million and above.


We are on course for that.More than 40 million shares traded today and yesterday.
Some big investor is mopping up shares.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#119 Posted : Wednesday, January 16, 2019 11:26:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ericsson wrote:
Ebenyo wrote:
Ericsson wrote:
Ebenyo wrote:
kawi254 wrote:
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector


The Venture capitalists are cashing out.


Not really.The demand is high.It started the week at 21.45 and closed at 23.40.

25 will be crossed this week



The volumes will have to be 60 million and above.


We are on course for that.More than 40 million shares traded today and yesterday.
Some big investor is mopping up shares.


24 smashed today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#120 Posted : Wednesday, January 16, 2019 2:13:16 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Some major announcement is cooking in the telecommunication sector

just because Citibank has changed the tune saying safcom is a buy?
"Don't let the fear of losing be greater than the excitement of winning."
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