Share price done fairly well despite stock going ex dividend. What target price are we looking at right now? Driver seems to be the anticipation of half year announcement.

Safaricom closed 2018 at sh.22.20 per share

Far fetched in the current bearish market

[quote=Viviva]"From the resulting gain on its closest competitor, Safaricom now commands a greater 63.5 percent share of the market having registered new customer additions to hit 33.1 million subscriptions from 31.8 million subscribers in March.

Airtel has meanwhile seen its first regression in the growth of its customer base in as many months shedding off 479,419 subscribers in the three months to June.

Airtel and Telkom, who remain the subject of an ongoing merger, still hold the potential to stage an upset on the leading telecoms operator in spite of registering a mixed performance in the growth of their differentiated consumer bases in the review period."

https://citizentv.co.ke/...r-subscriptions-283763/[/quote]



Fixed Data subscriptions Safaricom and Wananchi are at neck to neck
Safaricom has a market share of 32.7% vs Wananchi 34.8%

Nationmedia as usual with its bias reporting,no wonder they are loosing market share and profits declining for the past 6 years,they shouldn't complain about business environment being tough with this kind of mediocrity.
Meanwhile citizen is soaring high