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Safaricom HY 2018/2019
Ericsson
#131 Posted : Thursday, January 31, 2019 12:24:01 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
58mn shares traded so far today.
That is a turnover of close to ksh.1.4bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#132 Posted : Thursday, January 31, 2019 3:50:40 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
58mn shares traded so far today.
That is a turnover of close to ksh.1.4bn



Yesterday it traded 12,467,800 shares at 23.70 so it means with that volume today,It will close the day on a higher price.
Towards the goal of financial freedom
mlennyma
#133 Posted : Friday, February 01, 2019 10:27:46 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
On steroids,what's the news or it's the recent Citibank buy recommendation?
"Don't let the fear of losing be greater than the excitement of winning."
rwitre
#134 Posted : Friday, February 01, 2019 10:45:38 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
mlennyma wrote:
On steroids,what's the news or it's the recent Citibank buy recommendation?



Back to 1 Trillion market cap. Demand heavily outweighing supply.

It was not just a bounce. This rally is gathering steam. And as usual Safaricom will carry the rest of the market up with it.
Ericsson
#135 Posted : Friday, February 01, 2019 10:53:30 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Wazua not posting live prices today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#136 Posted : Friday, February 01, 2019 11:34:02 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ebenyo wrote:
Ericsson wrote:
58mn shares traded so far today.
That is a turnover of close to ksh.1.4bn



Yesterday it traded 12,467,800 shares at 23.70 so it means with that volume today,It will close the day on a higher price.
25.60 today!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
MaichBlack
#137 Posted : Friday, February 01, 2019 11:39:16 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,837
VituVingiSana wrote:
Ebenyo wrote:
Ericsson wrote:
58mn shares traded so far today.
That is a turnover of close to ksh.1.4bn



Yesterday it traded 12,467,800 shares at 23.70 so it means with that volume today,It will close the day on a higher price.
25.60 today!

Not good news for me!! I don't want prices to go up even in counters I own but plan to add tonnes!!!

I could live with low prices across the board for the rest of the year as I add more then chill and watch my money going to work!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
mlennyma
#138 Posted : Friday, February 01, 2019 12:03:35 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
MaichBlack wrote:
VituVingiSana wrote:
Ebenyo wrote:
Ericsson wrote:
58mn shares traded so far today.
That is a turnover of close to ksh.1.4bn



Yesterday it traded 12,467,800 shares at 23.70 so it means with that volume today,It will close the day on a higher price.
25.60 today!

Not good news for me!! I don't want prices to go up even in counters I own but plan to add tonnes!!!

I could live with low prices across the board for the rest of the year as I add more then chill and watch my money going to work!!!


the monkey and the farmer have different wishes...let prices recover we have suffered for so long
"Don't let the fear of losing be greater than the excitement of winning."
MaichBlack
#139 Posted : Friday, February 01, 2019 12:19:33 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,837
mlennyma wrote:
MaichBlack wrote:
VituVingiSana wrote:
Ebenyo wrote:
Ericsson wrote:
58mn shares traded so far today.
That is a turnover of close to ksh.1.4bn



Yesterday it traded 12,467,800 shars at 23.70 so it means with that volume today,It will close the day on a higher price.
25.60 today!

Not good news for me!! I don't want prices to go up even in counters I own but plan to add tonnes!!!

I could live with low prices across the board for the rest of the year as I add more then chill and watch my money going to work!!!


the monkey and the farmer have different wishes...let prices recover we have suffered for so long

He he he. True. It is only that I am not a seller. I have buyer's dreams! Of course those are never in tandem with sellers' dreams!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
tom_boy
#140 Posted : Friday, February 01, 2019 12:50:22 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
This Fuliza thing, how is it structured? Is it Safaricom acting as a fintech and providing fintech loans? Meaning Safaricom has used its vast money reserves to lend to people at an interest? Or is it CBA doing the lending as an additional product on top of mshwari?

This is different from Mpesa which is a deposit taking operation and thus linked to CBA.

Since Fuliza is an overdraft on mpesa account, of which mpesa is an account with cba bank, i would imagine Fuliza is a cba bank product that safaricom is pushing and making money. I could be wrong though.

Anyone with real insight on this.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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