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What do 1-bob Airtel calls mean for Safaricom share price?
VituVingiSana
#101 Posted : Wednesday, January 19, 2011 5:00:11 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
youcan'tstopusnow wrote:
The government should just sell my 349 shares in Safaricom (according to VVS' estimation) and redistribute it to the Special Programmes Ministry. Huko itafanya kazi!
No, send me/you the cheque so we can buy unga for the needy! The useless GoK will buy 4-wheel drives & new phones for the staff of Special Programmes Ministry...!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#102 Posted : Wednesday, January 19, 2011 5:25:43 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
youcan'tstopusnow wrote:
The government should just sell my 349 shares in Safaricom (according to VVS' estimation) and redistribute it to the Special Programmes Ministry. Huko itafanya kazi!
No, send me/you the cheque so we can buy unga for the needy! The useless GoK will buy 4-wheel drives & new phones for the staff of Special Programmes Ministry...!

Well put ndugu!
GOD BLESS YOUR LIFE
Tommy
#103 Posted : Wednesday, January 19, 2011 6:45:48 PM
Rank: Veteran

Joined: 12/9/2010
Posts: 894
Location: Nairobi
VituVingiSana wrote:
youcan'tstopusnow wrote:
The government should just sell my 349 shares in Safaricom (according to VVS' estimation) and redistribute it to the Special Programmes Ministry. Huko itafanya kazi!
No, send me/you the cheque so we can buy unga for the needy! The useless GoK will buy 4-wheel drives & new phones for the staff of Special Programmes Ministry...!

thats true. sometimes i wonder what guys in gova think. any of those guys in the house???
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
VituVingiSana
#104 Posted : Tuesday, January 25, 2011 12:10:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
http://www.standardmedia...027389&cid=457&

The CCK head is being sensible... Many markets have very low interconnection rates therefore have unlimited calling plans... Doesn't kill the industry but makes them increasingly innovative...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Sober
#105 Posted : Tuesday, January 25, 2011 12:42:35 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
the airtel madness is over. they will realise sooner or later that the thing is not sustainable. (a die hard safaricomer)
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
VituVingiSana
#106 Posted : Tuesday, January 25, 2011 12:55:10 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Sober wrote:
the airtel madness is over. they will realise sooner or later that the thing is not sustainable. (a die hard safaricomer)
In the meantime... ku-enjoy 1/- calls...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Sober
#107 Posted : Tuesday, January 25, 2011 1:00:36 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
the hype is over and the big boys dont have to worry because it is not a permanent tariff. sooner or later they will realise that they are driving themselves out of business by fighting with prices.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
KulaRaha
#108 Posted : Tuesday, January 25, 2011 1:57:55 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Sober wrote:
the hype is over and the big boys dont have to worry because it is not a permanent tariff. sooner or later they will realise that they are driving themselves out of business by fighting with prices.


If they are driving themselves out of biz why has Bob got his knickers in a twist?

LOL

Business opportunities are like buses,there's always another one coming
muganda
#109 Posted : Tuesday, January 25, 2011 2:15:05 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
I think the issue here may be commonsense business practice shows Airtel is on borrowed time.

If Safaricom announces results showing stellar performance, good subscriber growth, and still many billions in profit, match date of Sep 2011 will be announced.

If come Sep 2011, there is no green blood on the streets, it would be fair to bid Rene Meza fairwell.
Much Know
#110 Posted : Tuesday, January 25, 2011 2:52:23 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
An airtel line at 1bob per minute is probably worth less to a consumer than a safaricom line at 4bob per minute in terms of value to the customer. This idea of making linear valuations of phone companies products and prices then calling people "shareholders", "employees" and so on is misplaced. There are less than 1million people with special interest in Safaricom(shareholders, employees, agents,suppliers and SRP beneficiaries e.t.c) yet it maintains 17 million subscribers, why???? There is obviously more value. Market ARPU is down only a negligible 362/- currently from 376/- (please remember who has very low rates and is financing the drop)in 2008. Who is loosing here? Now this ARPU means an average user was spending about 30/- per day in 2008 at 7/- per minute and they are still spending about the same, say 1bob difference a day. Do you expect guys to go crazy over saving say 2/- per day (8am to 5pm) for an inferior service? What of someone who eats lunch at Serena 2,500/- only? I am certainly not very worried about profitability just like some CEO who doesn't care about profit.


Ras Kienyeji Man
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