Ericsson wrote:Angelica _ann wrote:Ericsson wrote:Angelica _ann wrote:Ericsson wrote:Safaricom and KCB
Buying period extended to include 2020 Q1
Safaricom has really disappointed me, i gave up!!!
How did it disappoint you?
Was waiting for sub 25 bob, looks unlikely now!!!
Buy time for safaricom is between November and end of February.
I'm also waiting for it at sub 25.
If you look at the 1 year trend it hit a low of 21.20 in January this year
With the rate cap almost over and with good H1 2019/2020 results of Safaricom , I am almost sure the "TIMING" formula will not work this time around because of unfolding events.
Stock market is fundamentals and information driven rather than timing.
Safaricom counter will rise in tandem with post rate cap banking counters. You saw the recent manifestation that made Safaricom print 30 bob after a long while.
Thanks and Regards
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. .