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SAFARICOM
Ericsson
#41 Posted : Thursday, September 29, 2022 5:51:47 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
passiveinvestor wrote:
My 2 cents wrote:
Ericsson wrote:
[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.


There is something the market knows that we don't know.


Good one Laughing out loudly
I think this one is just a case on international investors dumping their investments made in 'shit currencies' seeing as the dollar is strengthening so much.

I think it's a combination of market pre-knowledge of the Fuliza rate discount and the inevitable breakup of Safaricom into Telco and MPESA.
https://www.businessdail...p-to-50-percent-3965142[/quote]


Breakup of Safaricom into Telco and Mpesa lower your expectations
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#42 Posted : Friday, September 30, 2022 10:12:20 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,039
Location: Nairobi
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
muandiwambeu
#43 Posted : Sunday, October 02, 2022 10:29:59 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
My 2 cents wrote:
maka wrote:
Ericsson wrote:
[quote=My 2 cents]It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.


There is something the market knows that we don't know.


100% correct....


Apparently we now do. It is all the kerfuffle about digital loan fees being regulated to suit the 'hustle' narrative.
[/quote
The K-fiasco in s will get smitherened,
Down must be the way to go. So painful, but utado
,Behold, a sower went forth to sow;....
MaichBlack
#44 Posted : Tuesday, October 04, 2022 8:16:53 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,447
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Queen
#45 Posted : Tuesday, October 04, 2022 2:14:59 PM
Rank: Member


Joined: 11/21/2018
Posts: 561
Location: Britain
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.
MaichBlack
#46 Posted : Tuesday, October 04, 2022 5:38:45 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,447
Yesterday and today I have added tonnes more of Safaricom at between 24/= and 25/=.

I have money set aside to buy more Equity and EABL at the right price. If Safcom goes any lower, I might use a percentage of that to add more Safcom.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Queen
#47 Posted : Wednesday, October 05, 2022 9:43:56 AM
Rank: Member


Joined: 11/21/2018
Posts: 561
Location: Britain
MaichBlack wrote:
Yesterday and today I have added tonnes more of Safaricom at between 24/= and 25/=.

I have money set aside to buy more Equity and EABL at the right price. If Safcom goes any lower, I might use a percentage of that to add more Safcom.


What happens if the proposed split is actualized?
MaichBlack
#48 Posted : Wednesday, October 05, 2022 9:48:43 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,447
Queen wrote:
MaichBlack wrote:
Yesterday and today I have added tonnes more of Safaricom at between 24/= and 25/=.

I have money set aside to buy more Equity and EABL at the right price. If Safcom goes any lower, I might use a percentage of that to add more Safcom.


What happens if the proposed split is actualized?

You become a shareholder of both. Like happened with Stanbic.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Queen
#49 Posted : Wednesday, October 05, 2022 10:06:00 AM
Rank: Member


Joined: 11/21/2018
Posts: 561
Location: Britain
MaichBlack wrote:
Queen wrote:
MaichBlack wrote:
Yesterday and today I have added tonnes more of Safaricom at between 24/= and 25/=.

I have money set aside to buy more Equity and EABL at the right price. If Safcom goes any lower, I might use a percentage of that to add more Safcom.


What happens if the proposed split is actualized?

You become a shareholder of both. Like happened with Stanbic.


Understood, thanks.
Ericsson
#50 Posted : Thursday, October 06, 2022 11:58:43 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
Safaricom Ethiopia official launch is on today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
littledove
#51 Posted : Thursday, October 06, 2022 12:00:17 PM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
heavy volume today, half a billion my midday, a possible bottom 0f ksh 23.65
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
McGill
#52 Posted : Thursday, October 06, 2022 2:23:38 PM
Rank: New-farer


Joined: 8/1/2019
Posts: 85
The temptation to get in at sub 24 is very strong
mlennyma
#53 Posted : Thursday, October 06, 2022 2:29:34 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,173
Location: nairobi
McGill wrote:
The temptation to get in at sub 24 is very strong


if it was at 44bob who am I to fear buying at 23.95? let me bite something because the 44bob buyer is still optimistic
"Don't let the fear of losing be greater than the excitement of winning."
MaichBlack
#54 Posted : Friday, October 07, 2022 11:02:05 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,447
mlennyma wrote:
McGill wrote:
The temptation to get in at sub 24 is very strong


if it was at 44bob who am I to fear buying at 23.95? let me bite something because the 44bob buyer is still optimistic

Have you seen the price direction today??

We might have found the bottom. May be...
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
mlennyma
#55 Posted : Friday, October 07, 2022 3:32:32 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,173
Location: nairobi
MaichBlack wrote:
mlennyma wrote:
McGill wrote:
The temptation to get in at sub 24 is very strong


if it was at 44bob who am I to fear buying at 23.95? let me bite something because the 44bob buyer is still optimistic

Have you seen the price direction today??

We might have found the bottom. May be...


Any interim div expectation H1?
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#56 Posted : Wednesday, October 12, 2022 3:22:15 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,039
Location: Nairobi
mlennyma wrote:
MaichBlack wrote:
mlennyma wrote:
McGill wrote:
The temptation to get in at sub 24 is very strong


if it was at 44bob who am I to fear buying at 23.95? let me bite something because the 44bob buyer is still optimistic

Have you seen the price direction today??

We might have found the bottom. May be...


Any interim div expectation H1?
There is a lot of cash required in Ethiopia. Perhaps it makes sense to pay just a final dividend and reduce debt.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#57 Posted : Wednesday, October 12, 2022 6:16:01 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
VituVingiSana wrote:
mlennyma wrote:
MaichBlack wrote:
mlennyma wrote:
McGill wrote:
The temptation to get in at sub 24 is very strong


if it was at 44bob who am I to fear buying at 23.95? let me bite something because the 44bob buyer is still optimistic

Have you seen the price direction today??

We might have found the bottom. May be...


Any interim div expectation H1?
There is a lot of cash required in Ethiopia. Perhaps it makes sense to pay just a final dividend and reduce debt.


The company committed to continue paying dividends even with the Ethiopia venture.
Interim dividend is there
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
MaichBlack
#58 Posted : Wednesday, October 12, 2022 9:55:21 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,447
MaichBlack wrote:
Yesterday and today I have added tonnes more of Safaricom at between 24/= and 25/=.

I have money set aside to buy more Equity and EABL at the right price. If Safcom goes any lower, I might use a percentage of that to add more Safcom.

And today I completed my Safaricom loading up period.

Projected holding period? Same as Warren Buffet!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#59 Posted : Wednesday, October 12, 2022 9:59:37 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,447
Queen wrote:
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.

@VVS....
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
piedpiper
#60 Posted : Wednesday, October 12, 2022 11:16:20 PM
Rank: New-farer


Joined: 8/21/2017
Posts: 45
MaichBlack wrote:
Queen wrote:
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.

@VVS....


@VVS please do share...
Life is a beach and I'm just playing in the sand
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