wazua Fri, Mar 20, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages12>
Safaricom..Favorite stock at the moment.
Options
Previous Topic · Next Topic
jammo
#1 Posted : Friday, June 13, 2008 6:38:00 AM
Rank: Member

Joined: 2/12/2008
Posts: 345
Market hardly open n I'v got orders to buy Safcom from all n sundry at 7.50 for slightly over 720k shares! Its a buy for mid-to -long term.. 6months onward! It would be good to realise the market is so dynamic.. If institutions won't mop it..individuals are. Foreseeable monthly pick would be 8-9. Demand is very high at 7.40 but thins out incredibly at any thing above 7.50..with only individual who have orders of less than 12k shares quotin 8.

'..and it came to pass..' so did we!
This market will probably outlive us. Wacha pupa!!u can't have it all.
Back to top
  |
kazee
#2 Posted : Friday, June 13, 2008 7:11:00 AM
Rank: Member

Joined: 9/18/2006
Posts: 131
Once individuals get their refunds demand will border infinity. Guys who bought at lows of 6 since monday have already made a profit in 2 days! @Jammo whats you prediction on how this share will behave in the next 3 months?
Back to top
  |
jammo
#3 Posted : Friday, June 13, 2008 8:03:00 AM
Rank: Member

Joined: 2/12/2008
Posts: 345
@kazee.. Three months anythin could happen. It depends with how efficiently the economy assimilates the refunds..CBK hasn't started off well by demanding banks to reject endorsed cheques..meanin some how more cash from individuals is likely to be consumed..sparkin inflationary tendencies(too much cash chasin too few goods)..instead of goin back to the market. Most orders now are comin from people with savings n clever ways of gettin cash against their uncleared refund cheques. For clearin days means cash finds way back into market mid next week. Am thinkin too much attention is on the stock..thus why focus on others is rather mild. So for those who missed buses..or th equity train..its a fine tym to find an entry point while focus is on Safcom. I must give it up to STOCKSMASTER! Ur analysis on Safcom was superb n i was able to hav majority of existin investors ignor th ipo n get in on secondary market. Thanx man!

'..and it came to pass..' so did we!
This market will probably outlive us. Wacha pupa!!u can't have it all.
Back to top
  |
stocksmaster
#4 Posted : Monday, June 16, 2008 2:37:00 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
@Jammo. Happy to have assisted a fellow sk contributor.Based on the interest being shown by high networth investors,this share might hit ksh 10 in the next few days.Happy hunting




Stocksmaster-For well researched market analysis
x handle: @stocksmaster79
Back to top
  |
Ray
#5 Posted : Thursday, November 19, 2009 8:56:00 AM
Rank: Member

Joined: 1/9/2007
Posts: 219
@ Jammo

How far do you think this share will rise based on the fundamentals. Can anyone get in the bus at this stage?
Back to top
  |
ecstacy
#6 Posted : Friday, November 20, 2009 12:16:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
alichomeka...
Back to top
  |
mtaalam
#7 Posted : Friday, November 20, 2009 12:19:00 PM
Rank: Member

Joined: 11/2/2006
Posts: 519
53,016,700 No. of safaricom shares traded today!
Must be the guys who bought at btwn 2.80 and 3.60 selling. They've must be making serious money

...ili iwe funzo!
Back to top
  |
Scubidu
#8 Posted : Saturday, November 21, 2009 6:29:00 AM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
@ mtaalam. On September 10,2009 Morgan Stanley published a research report revising their target price up 40% for Safaricom to Kshs4.40. Interesting how volumes really picked up after the price crossed Kshs4.40,but I think it has been grossly overbought since wednesday's close. Where the bulk of the 53 million shares local or foreign? That would be interesting to know.

The process by which banks create money is so simple that the mind is repelled.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Back to top
  |
Manja Investor
#9 Posted : Saturday, November 21, 2009 4:18:00 PM
Rank: Member

Joined: 11/13/2008
Posts: 87
Hi,

Would it be a good idea to buy at the price of 4.40/-(hoping I can do that this coming monday) and then sell later if price goes to 7/- hopefully?

I am thinking of buying and selling end of Jan or even before then.Or shd I buy Equity at the current price to offload may be at a similar time.

Please someone assist as I have some 400k lying idle somewhere and would want to utilise it by early Feb.

Your input would be of much assistance
Back to top
  |
Wondergirl
#10 Posted : Sunday, November 22, 2009 3:08:00 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
Manja investor,i know you are adressing the investment gurus,so mine is just a comment for I'm in no way an expert: I have learnt the hard way never ever to put money i need in the near future in stocks... I only put money that I can hold there for long..
Back to top
  |
2 Pages12>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.