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Safaricom 2019/2020
FUNKY
#121 Posted : Thursday, October 24, 2019 4:09:56 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
BREAKING NEWS: Safaricom PLC Board of Directors has appointed Mr. Peter Ndegwa as the company’s Chief Executive Officer effective April 1, 2020. https://t.co/YXOWwpzetY
Viviva
#122 Posted : Thursday, October 24, 2019 4:48:47 PM
Rank: New-farer


Joined: 5/3/2019
Posts: 18
Location: Uk
KHALAS. SAFARICOM HAS BEEN BOUGHT BY GOK GOONS AND CO. WHERE ARE THE PROPHETS OF DOOM? Keenly following market activity tomorrow.
Ericsson
#123 Posted : Thursday, October 24, 2019 5:39:41 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Viviva wrote:
KHALAS. SAFARICOM HAS BEEN BOUGHT BY GOK GOONS AND CO. WHERE ARE THE PROPHETS OF DOOM? Keenly following market activity tomorrow.


Michael Joseph is still around to provide an overseer role
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
the deal
#124 Posted : Thursday, October 24, 2019 5:40:52 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Viviva wrote:
KHALAS. SAFARICOM HAS BEEN BOUGHT BY GOK GOONS AND CO. WHERE ARE THE PROPHETS OF DOOM? Keenly following market activity tomorrow.

Don't think he will be as powerful as the late Bob...could just be merely ceremonial to excite locals where as all decisions lie with Vodafone UK
Ericsson
#125 Posted : Thursday, October 24, 2019 6:01:55 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
the deal wrote:
Viviva wrote:
KHALAS. SAFARICOM HAS BEEN BOUGHT BY GOK GOONS AND CO. WHERE ARE THE PROPHETS OF DOOM? Keenly following market activity tomorrow.

Don't think he will be as powerful as the late Bob...could just be merely ceremonial to excite locals where as all decisions lie with Vodafone UK


Spoke like an elder
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Viviva
#126 Posted : Thursday, October 24, 2019 7:32:15 PM
Rank: New-farer


Joined: 5/3/2019
Posts: 18
Location: Uk
the deal wrote:
Viviva wrote:
KHALAS. SAFARICOM HAS BEEN BOUGHT BY GOK GOONS AND CO. WHERE ARE THE PROPHETS OF DOOM? Keenly following market activity tomorrow.

Don't think he will be as powerful as the late Bob...could just be merely ceremonial to excite locals where as all decisions lie with Vodafone UK


I hope sane Kenyans are not excited about this and judging from reactions all over, everyone understands safaricom future looks stormy. The proverbial guard is down and at the helm we most likely have a puppet who is good only at marketing and selling beer. GoK already leading 1-0 after getting their way with a Kenyan CEO they have salivated for. You can only expect many more goals to come for the goons due to arm twisting and under the table deals we wont know about till its too late. We must realise safaricom have lost the first battle here and this appointment was not purely on merit, the man (as good as he may be) has no experience in this field and is here to be someones pawn.

Anyways, the stock price should speak for itself. Expectations tommorrow?
Also, catch micheal joseph on citizen @9pm today. (If i remember correctly he sold his entire stake - maybe he can tell us why now?)
Ericsson
#127 Posted : Thursday, October 24, 2019 8:02:03 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Viviva wrote:
the deal wrote:
Viviva wrote:
KHALAS. SAFARICOM HAS BEEN BOUGHT BY GOK GOONS AND CO. WHERE ARE THE PROPHETS OF DOOM? Keenly following market activity tomorrow.

Don't think he will be as powerful as the late Bob...could just be merely ceremonial to excite locals where as all decisions lie with Vodafone UK


I hope sane Kenyans are not excited about this and judging from reactions all over, everyone understands safaricom future looks stormy. The proverbial guard is down and at the helm we most likely have a puppet who is good only at marketing and selling beer. GoK already leading 1-0 after getting their way with a Kenyan CEO they have salivated for. You can only expect many more goals to come for the goons due to arm twisting and under the table deals we wont know about till its too late. We must realise safaricom have lost the first battle here and this appointment was not purely on merit, the man (as good as he may be) has no experience in this field and is here to be someones pawn.

Anyways, the stock price should speak for itself. Expectations tommorrow?
Also, catch micheal joseph on citizen @9pm today. (If i remember correctly he sold his entire stake - maybe he can tell us why now?)


Time will tell
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Spikes
#128 Posted : Thursday, October 24, 2019 8:45:48 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#129 Posted : Thursday, October 24, 2019 9:06:46 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,503
Location: nairobi
Michael Joseph already at Citizen. Let's listen in

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#130 Posted : Thursday, October 24, 2019 9:41:15 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Spikes wrote:
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.

There are Vodafone executives in safaricom who still call shots.

Peter Ndegwa is a white man in black skin
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Viviva
#131 Posted : Thursday, October 24, 2019 10:57:42 PM
Rank: New-farer


Joined: 5/3/2019
Posts: 18
Location: Uk
Ericsson wrote:
Spikes wrote:
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.

There are Vodafone executives in safaricom who still call shots.

Peter Ndegwa is a white man in black skin


The worry is not Peter ndegwa vs. Safaricom but it is GoK vs. Safaricom. Theyre calling the shots already and interfering. Ndegwa may be a good man but if he is going to be the governments puppet safaricom is doomed in matters such as mpesa split. Hope vodafone have thought this through but on citizen MJ looked like a man who has lost hope in this company and now it is a state run entity which all go down.
Ericsson
#132 Posted : Thursday, October 24, 2019 11:12:06 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Viviva wrote:
Ericsson wrote:
Spikes wrote:
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.

There are Vodafone executives in safaricom who still call shots.

Peter Ndegwa is a white man in black skin


The worry is not Peter ndegwa vs. Safaricom but it is GoK vs. Safaricom. Theyre calling the shots already and interfering. Ndegwa may be a good man but if he is going to be the governments puppet safaricom is doomed in matters such as mpesa split. Hope vodafone have thought this through but on citizen MJ looked like a man who has lost hope in this company and now it is a state run entity which all go down.


Acha tuone numbers won't lie.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Mike Ock
#133 Posted : Friday, October 25, 2019 1:21:38 AM
Rank: Member


Joined: 1/22/2015
Posts: 682
Tuseme ukweli, this guy is guaranteed to be on the 2027 ballot box. The only question is whether it will be at governor level or president level Laughing out loudly
MaichBlack
#134 Posted : Friday, October 25, 2019 6:48:14 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
Viviva wrote:
Ericsson wrote:
Spikes wrote:
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.

There are Vodafone executives in safaricom who still call shots.

Peter Ndegwa is a white man in black skin


The worry is not Peter ndegwa vs. Safaricom but it is GoK vs. Safaricom. Theyre calling the shots already and interfering. Ndegwa may be a good man but if he is going to be the governments puppet safaricom is doomed in matters such as mpesa split. Hope vodafone have thought this through but on citizen MJ looked like a man who has lost hope in this company and now it is a state run entity which all go down.

Dude (Peter Ndegwa) has his future, reputation & legacy to think about. He operates at his own level and would want to move on to other jobs after this not only for money/salary but self actualization. I don't think he will f@€k this up! Vodafone is also still in the picture...
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#135 Posted : Friday, October 25, 2019 6:49:55 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
Mike Ock wrote:
Tuseme ukweli, this guy is guaranteed to be on the 2027 ballot box. The only question is whether it will be at governor level or president level Laughing out loudly

To what end???
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
nairobby
#136 Posted : Friday, October 25, 2019 11:44:08 AM
Rank: Member


Joined: 1/18/2019
Posts: 185
Location: kenya
MaichBlack wrote:
Viviva wrote:
Ericsson wrote:
Spikes wrote:
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.

There are Vodafone executives in safaricom who still call shots.

Peter Ndegwa is a white man in black skin


The worry is not Peter ndegwa vs. Safaricom but it is GoK vs. Safaricom. Theyre calling the shots already and interfering. Ndegwa may be a good man but if he is going to be the governments puppet safaricom is doomed in matters such as mpesa split. Hope vodafone have thought this through but on citizen MJ looked like a man who has lost hope in this company and now it is a state run entity which all go down.

Dude (Peter Ndegwa) has his future, reputation & legacy to think about. He operates at his own level and would want to move on to other jobs after this not only for money/salary but self actualization. I don't think he will f@€k this up! Vodafone is also still in the picture...


I share the same sentiments
Ericsson
#137 Posted : Friday, October 25, 2019 1:10:02 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
nairobby wrote:
MaichBlack wrote:
Viviva wrote:
Ericsson wrote:
Spikes wrote:
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.

There are Vodafone executives in safaricom who still call shots.

Peter Ndegwa is a white man in black skin


The worry is not Peter ndegwa vs. Safaricom but it is GoK vs. Safaricom. Theyre calling the shots already and interfering. Ndegwa may be a good man but if he is going to be the governments puppet safaricom is doomed in matters such as mpesa split. Hope vodafone have thought this through but on citizen MJ looked like a man who has lost hope in this company and now it is a state run entity which all go down.

Dude (Peter Ndegwa) has his future, reputation & legacy to think about. He operates at his own level and would want to move on to other jobs after this not only for money/salary but self actualization. I don't think he will f@€k this up! Vodafone is also still in the picture...


I share the same sentiments


Moving on HY results to be released next week Friday.
Michael Joseph says in January 2020 safaricom will be launching 4G services in more towns.
4G everywhere in Kenya
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
murchr
#138 Posted : Friday, October 25, 2019 3:10:25 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Even with Ndegwa as CEO, Michael Joseph is still on the board. That alone is enough confidence for me. If he's the man behind Senetor Keg he can steer Safaricom to greater heights.

Seems like those who were waiting for it to go down today after the announcement are really disappointed. As I said earlier 30/- by the end of OCT is very possible.
"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
.
tandich
#139 Posted : Friday, October 25, 2019 4:16:14 PM
Rank: Member


Joined: 5/6/2008
Posts: 199
Spikes wrote:
How many shares is Peter Ndewa holding in Safaricom?
Safaricom being headed by a Kenyan may sink MSC, KQ and Uchumi style et al.


If he does not hold any, Safaricom will eventually eventually buy him some like they buy other senior staff.
Ericsson
#140 Posted : Friday, October 25, 2019 4:17:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
murchr wrote:
Even with Ndegwa as CEO, Michael Joseph is still on the board. That alone is enough confidence for me. If he's the man behind Senetor Keg he can steer Safaricom to greater heights.

Seems like those who were waiting for it to go down today after the announcement are really disappointed. As I said earlier 30/- by the end of OCT is very possible.


They sell their shares we buy them.
Fair deal
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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