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MJ retires from Safaricom BOB COLLYMORE takes over from 1st Nov

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wa P		#61 Posted : Friday, July 23, 2010 1:12:32 PM
Rank: Member Joined: 5/26/2009 Posts: 326 Location: Nairobi		...and while at it, @mozerat, CEO position is not only about share value. There are other factors such as value and supply chain. Your measly shares will breed if opex/capex decision go to Khoisan providers.
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VituVingiSana		#62 Posted : Friday, July 23, 2010 1:27:16 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		wa P wrote: Somebody here said that the nationality of new CEO is irrelevant. I strongly disagree. Appointing Bob Call y more (sic), with all due respect to his unknown self, is a serious demotivator to Kenyan mothers. Hawawezi zaa a CEO of most profitable company in Kenya? Just curious - Telecom firms in Kenya never appoint locals at the helm. Remember Vandecrook of Kencell, Rehe Meza (or something like that) of Zain; Bharti already appointed a barabarache something for Africa, Yu has Chandrakabrabrabra... and Telcom: a 'pitre' replaced another 'pitre'. We may not care about all those, but with Safaricom, hiyo ni yetu. We ought to feel thoroughly scandalized. I disagree... why? Coz the #1 goal is to PROTECT the profit/value... That is what Vodafone wants. They are in it for the money. Well, so am I. Where there is competence e.g. Mahinda at EABL... it has never been an issue... the cream rises to the top! Or Adan @ BBK Or my favorite JM @ Equity... At that level, the question is who is the BEST for the job not whether he/she is Kenyan... Many Kenyan CEOs are lousy as shit... matu @ olympia Can't even figure out EAPCC (vs Bamburi) KPC lips from scam to scam KCB has under-performed its peers since Terry left & MOO moved in BOC has floundered Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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sheep		#63 Posted : Friday, July 23, 2010 1:28:12 PM
Rank: Veteran Joined: 7/24/2008 Posts: 781		Lemme hypothesize what will happen.... Bob C takes helm...investors are a bit doubtful and a slight sell off ensues.... The he goes on a PR campaign speaking with his polished english and heavy vocab...talks big words like diversification,product innovation,expansion,4G,WIMAX etc.... All of a sudden the institutional investors are highly impressed...they say he is visionary,hes young(er),more vibrant,more in-tune with modern business.... Safcon share soars to 7-8bob on this new optimism... ...Years pass,then it becomes evident,that hes just ordinary..share price stagnates,competition gets more market share...Safcom looses its lustre... ...then people discover that a brilliant CEO is as rare as a gem. NB:This is just an imagination of high improbability...lol! The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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selah		#64 Posted : Friday, July 23, 2010 1:38:30 PM
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya		sheep wrote: Lemme hypothesize what will happen.... Bob C takes helm...investors are a bit doubtful and a slight sell off ensues.... The he goes on a PR campaign speaking with his polished english and heavy vocab...talks big words like diversification,product innovation,expansion,4G,WIMAX etc.... All of a sudden the institutional investors are highly impressed...they say he is visionary,hes young(er),more vibrant,more in-tune with modern business.... Safcon share soars to 7-8bob on this new optimism... ...Years pass,then it becomes evident,that hes just ordinary..share price stagnates,competition gets more market share...Safcom looses its lustre... ...then people discover that a brilliant CEO is as rare as a gem. NB:This is just an imagination of high improbability...lol! That is what happens in about every transition.The new guy comes with a lot of bravado before he start crying wolf.rene menza and the telkom guy comes to mind. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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PONDI		#65 Posted : Friday, July 23, 2010 1:58:13 PM
Rank: Veteran Joined: 5/8/2007 Posts: 885		perhaps its a question of quitting when you are ahead.... legacy issues... but am waiting for share to touch 4.50 niongezee
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VituVingiSana		#66 Posted : Friday, July 23, 2010 2:18:24 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		Now if only fools like museveni would learn... QUIT while you are ahead! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Kamaa		#67 Posted : Friday, July 23, 2010 2:44:32 PM
Rank: Veteran Joined: 10/6/2007 Posts: 1,177 Location: Nairobi - Kenya		@VVS and the likes of mubarak... When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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VituVingiSana		#68 Posted : Friday, July 23, 2010 2:46:29 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		Kamaa wrote: @VVS and the likes of mubarak... The African curse of the Ms... mugabe mubarak moi museveni Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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ProverB		#69 Posted : Friday, July 23, 2010 3:00:31 PM
Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander		VituVingiSana wrote: Now if only fools like museveni would learn... QUIT while you are ahead! ..i think he understands...n plans to quit when the only thing remaining is the head! ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16 - 1769 Oxford King James Bible 'Authorized Version
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mozenrat		#70 Posted : Friday, July 23, 2010 3:25:36 PM
Rank: Veteran Joined: 5/18/2008 Posts: 796		wa P wrote: ...and while at it, @mozerat, CEO position is not only about share value. There are other factors such as value and supply chain. Your measly shares will breed if opex/capex decision go to Khoisan providers. I totally disagree with you. Value and supply chain are for parastatals and government institutions to worry about. ..and unlike Kengen, Safaricom is not a utility company where such worries even warrant Govt intervention (capping of unit price to KPLC).. As a shareholder I have only two things to worry about: - current earnings - company sustainability for future earnings Surely you don't expect Safaricom to be treated like the NSSF where no one can be sure who is supposed to be running it. Kwani you didn't learn from the HFCK/Equity saga..
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