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Safaricom FY 2018/19
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murchr
#31 Posted : Friday, May 03, 2019 2:50:22 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
young wrote:
xtina wrote:
Pirate wrote:
Profitability is solid.

However ,I'm more concerned with the continuous decline in revenue growth to 7% ( 2018- 10% ,2017- 18%) .

My guess is the share will hit 30 max and decline to mid-20's in the very short-term


Great stuff Applause Applause though I do not understand why supply is 8x demand. I thought it would go to 30+ but now I see it has lost 0.55, from 29.55 to 29.00. Oh well, if it goes down, time to load more.



There is something peculiar about Safaricom counter over the years.

The peak stock price is factored in before release of FY results.

So for those speculating the price of 29 to 30 Bob seems like the peak for now.

Recall at this moment more people are selling than buying including foreign investors who are market makers.
Anyone that sold or is selling now prior to FY result should be contented as they might have likely bought at sub 25 Bob a few months back.


For long termers like us am looking forward to buying at sub 26 in some months ahead .

Safaricom as a counter fundamentally is not strong . Her sustained growth in PBT and net income consistently over the years is her strongest point .


That is why yours truly is still camping with her all these years since 2008 and have been buying in tranches thereafter .

Link about foreign investors(speculators) exiting Safaricom prior to bumper result announcement below


https://www.businessdail...98098-lh2cir/index.html



Buy the rumor, sell the news.
"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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Ericsson
#32 Posted : Friday, May 03, 2019 4:53:40 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
rwitre wrote:
Ericsson wrote:
Profit after tax at ksh.63.4bn
Earnings per share at ksh.1.58
Dividend per share at ksh.1.25
Special dividend of ksh.0.62 per share



Good stuff Applause Applause Applause


Profit before tax ksh.91.86bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#33 Posted : Friday, May 03, 2019 5:27:47 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
rwitre wrote:
Ericsson wrote:
Profit after tax at ksh.63.4bn
Earnings per share at ksh.1.58
Dividend per share at ksh.1.25
Special dividend of ksh.0.62 per share



Good stuff Applause Applause Applause


Profit before tax ksh.91.86bn



Ulijaribu sana bro Applause Applause Applause



Ericsson wrote:
Ericsson wrote:
guru267 wrote:
young wrote:
Safaricom has printed 29.00 Bob today .

Hope there will be good news in tomorrows FY results


Buy the rumor sell the news. I hope people don't get caught out in this frequent trap.


Profit before Tax at ksh.94bn


Dividend ksh.1.25 per share

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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murchr
#34 Posted : Friday, May 03, 2019 5:34:15 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
That's close to $1bn
"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
#35 Posted : Friday, May 03, 2019 6:23:33 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Safaricom innovates, invests, etc and makes 91bn (PBT). GoK gets 35% of this.
Then GoK gives away 24bn to loss-making KQ.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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rwitre
#36 Posted : Friday, May 03, 2019 6:32:50 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
murchr wrote:
young wrote:
xtina wrote:
Pirate wrote:
Profitability is solid.

However ,I'm more concerned with the continuous decline in revenue growth to 7% ( 2018- 10% ,2017- 18%) .

My guess is the share will hit 30 max and decline to mid-20's in the very short-term


Great stuff Applause Applause though I do not understand why supply is 8x demand. I thought it would go to 30+ but now I see it has lost 0.55, from 29.55 to 29.00. Oh well, if it goes down, time to load more.



There is something peculiar about Safaricom counter over the years.

The peak stock price is factored in before release of FY results.

So for those speculating the price of 29 to 30 Bob seems like the peak for now.

Recall at this moment more people are selling than buying including foreign investors who are market makers.
Anyone that sold or is selling now prior to FY result should be contented as they might have likely bought at sub 25 Bob a few months back.


For long termers like us am looking forward to buying at sub 26 in some months ahead .

Safaricom as a counter fundamentally is not strong . Her sustained growth in PBT and net income consistently over the years is her strongest point .


That is why yours truly is still camping with her all these years since 2008 and have been buying in tranches thereafter .

Link about foreign investors(speculators) exiting Safaricom prior to bumper result announcement below


https://www.businessdail...98098-lh2cir/index.html



Buy the rumor, sell the news.


This is a retirement stock. Cash rich, solid management, market dominance, innovative products.

Park capital here, you're safe and guaranteed returns for the foreseeable future (unless GoK plants some visionless puppet as CEO after Collymore exits).

Capital gains will come slowly. You can buy SCOM and sleep peacefully since it has been proven to perform even when the "dynamic duo" are tanking the rest of the economy. 40 billion shares with millions traded every session means there is enough liquidity to get in and get out any day.

Pension schemes, unit trusts, sovereign wealth funds- they like such.

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young
#37 Posted : Friday, May 03, 2019 7:43:44 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
murchr wrote:
That's close to $1bn


UPDATE
$1bn = ksh 999.999bn +1

Not
Ksh 99.99bn +1
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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murchr
#38 Posted : Friday, May 03, 2019 8:00:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
young wrote:
murchr wrote:
That's close to $1bn


UPDATE
$1bn = ksh 999.999bn +1

Not
Ksh 99.99bn +1


1usd = 100 ksh

Snap this is a shilling not Naira
"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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young
#39 Posted : Friday, May 03, 2019 8:25:02 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
murchr wrote:
That's close to $1bn


Yes you are right, as I have cross checked again .
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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obiero
#40 Posted : Friday, May 03, 2019 8:34:28 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
murchr wrote:
young wrote:
murchr wrote:
That's close to $1bn


UPDATE
$1bn = ksh 999.999bn +1

Not
Ksh 99.99bn +1


1usd = 100 ksh

Snap this is a shilling not Naira

Kuwa mpole.. He's old

KQ ABP 4.26
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