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Safaricom 2019/2020
Rank: Member Joined: 6/26/2008 Posts: 401
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VituVingiSana wrote:xtina wrote:littledove wrote:i have never seen this for safaricom  SCOM 26.60 9.83% ▼ Na bado, infact I think in Africa we are better off. My pension is backed by US-based stocks and I can only call the downward trend in the past 1.5 weeks a massacre. You must have done very well in the past 10 years. And in USD. Compare DJIA/S&P to NSE20 since 2009. If not for Safaricom, the NSE20 would have been much lower. More like 5 and I am still working. Good thing is it's more of 'paper losses' and USD but it still hurts.
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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xtina wrote:Ericsson wrote:https://www.the-star.co.ke/business/markets/2020-03-09-safaricoms-share-drops-to-10-months-low-on-coronavirus-menace/
Safaricom Plc's share price on Monday dropped eight per cent by noon, trading at Sh26.35, the lowest level since last May when it sunk to Sh26.80.
A spot check on MyStocks at noon showed the telco's share dropping further, with market analysts indicating it could nosedive to Sh20 levels by Friday as global economies shut on coronavirus menace. Dang, 20??  come baby come Elliott's wave showed a drop to 14 bob. 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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Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
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Angelica _ann wrote:xtina wrote:Ericsson wrote:https://www.the-star.co.ke/business/markets/2020-03-09-safaricoms-share-drops-to-10-months-low-on-coronavirus-menace/
Safaricom Plc's share price on Monday dropped eight per cent by noon, trading at Sh26.35, the lowest level since last May when it sunk to Sh26.80.
A spot check on MyStocks at noon showed the telco's share dropping further, with market analysts indicating it could nosedive to Sh20 levels by Friday as global economies shut on coronavirus menace. Dang, 20?? come baby come Elliott's wave showed a drop to 14 bob. Come, Baby, Come!!!!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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Safaricom FY20 earnings release pre-close conference call is scheduled for Thursday, 19th March while the annual result announcement will be on 29th April. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
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Ericsson wrote:Safaricom FY20 earnings release pre-close conference call is scheduled for Thursday, 19th March while the annual result announcement will be on 29th April. What's a "pre-close conference call"? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:Safaricom FY20 earnings release pre-close conference call is scheduled for Thursday, 19th March while the annual result announcement will be on 29th April. What's a "pre-close conference call"? A highlight of the financial performance and strategic moves the company has taken in the course of the current financial year ahead of it's close. Strategic moves e.g disposal of an asset,acquisition. This is done to calm investors nerves Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster.
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Rank: Member Joined: 6/26/2008 Posts: 401
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aemathenge wrote:Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster. It will be very interesting to see how this will work. I remember the Equity card some years back that did not do well. Matatu industry is one hard nut to crack.
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Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
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xtina wrote:aemathenge wrote:Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster. It will be very interesting to see how this will work. I remember the Equity card some years back that did not do well. Matatu industry is one hard nut to crack. GoK should not waste a crisis to bring them into line. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:xtina wrote:aemathenge wrote:Quote:Safaricom Partners With PSV Operators To Collect Fares via M-PESA
March 23, 2020
Kenya’s leading telecoms firm Safaricom says it has signed a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
The partnership will see the crew from partnering public transit firms begin accepting fares through their phone numbers.
In a statement, the telco says the service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew. Source: https://kenyanwallstreet...llect-fares-via-m-pesa/
If this works, and we get past the Virus, this will be a huge income stream for the Green Monster. It will be very interesting to see how this will work. I remember the Equity card some years back that did not do well. Matatu industry is one hard nut to crack. GoK should not waste a crisis to bring them into line. Mambo ya matatu ni ngumu. Google gave them Beba pay, Bob Collymore gave them My1963 card + free wifi, Master Card rolled out the pre-paid cards through KCB + Equity. All these efforts failed. Nothing has really changed to give the new initiative better chances of success. Life is short. Live passionately.
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