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access kenya falling
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kagazia
#1 Posted : Friday, June 03, 2011 10:01:32 AM
Rank: New-farer

Joined: 5/27/2011
Posts: 21
Location: nairobi
whats happening to this share?
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mufasa
#2 Posted : Friday, June 03, 2011 10:10:11 AM
Rank: Member

Joined: 4/15/2008
Posts: 240
There is high competition in the communication sector and it will take time before people can really get to grips about what is going on. So until the mobile wars stabilize, there is going to be to much speculation on internet/data services, voice services etc. Access Kenya is no longer a speculative share - buy it for the long term. Also we are in a bear mkt, couple of stocks are trading below IPO prices. Access maybe the worst performer but don't right it off
Do it today! Tomorrow is promise to no-one.
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Impunity
#3 Posted : Friday, June 03, 2011 10:11:03 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Going back to pick some passengers at stage 5.I will board then.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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QW25071985
#4 Posted : Friday, June 03, 2011 10:26:17 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
So will i . I missed the bus but i guess its coming back for me.
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FUNKY
#5 Posted : Friday, June 03, 2011 10:33:30 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
This is a dead company. It has already been murdered by Safaricom. Whoever will buy Access shares will be burning their fingers. This is my advice.
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2012
#6 Posted : Friday, June 03, 2011 10:33:32 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
QW25071985 wrote:
So will i . I missed the bus but i guess its coming back for me.


All the best @QW. I can smell this bus from a mile away, imechoma clutch.

BBI will solve it :)
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FUNKY
#7 Posted : Friday, June 03, 2011 10:35:17 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
The day Safaricom or Airtel announces to buy a stake in access or completely buy out Access is when the price will rise. Any one of them should it quickly especially Safaricom as they even have 4.5B free cashflow.
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Sufficiently Philanga....thropic
#8 Posted : Friday, June 03, 2011 10:37:38 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
The last 3-4 years have really been disappointing for most of the stocks at the NSE that only 3 years ago showed really great potential!
This Access stock is one such case, really disappointing, from making poor decisions to not reading the market to factors beyond their control - fierce competition. These Somen guys really have some explaining to do! Then, it was at Kshs.34, exactly 3 years after, it is almost 5 times lower!
@SufficientlyP
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mlennyma
#9 Posted : Friday, June 03, 2011 10:44:26 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
A contra play is about to come...kwani they dont have Q1 numbers ama walisota?
"Don't let the fear of losing be greater than the excitement of winning."
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2012
#10 Posted : Friday, June 03, 2011 11:54:26 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Seems like Uchumi is breaking Access fall today.

BBI will solve it :)
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