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Zain receives HALF A MILLION NEW SUBSCRIBERS in one week
mwanahisa
#101 Posted : Wednesday, September 01, 2010 2:17:57 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I support my pocket. So @ 2/= for my calls - Scom takes my money for now. Backups - Orange (for the free calls), Yu for the 50 Cts SMS and of course Zain for the entertainment they are affording us - in THAT order. I am open to change if a better offer comes along!
mv_ufanisi
#102 Posted : Wednesday, September 01, 2010 3:45:47 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
VituVingiSana wrote:
Long Live Zain/Airtel... Coz safCON would have never dropped charges if not for Zain... So I support Zain...


I'm with you on this one. The BIG fat elephant in the room is that Safcom was prepared to keep charging Kenyans some of the highest mobile rates in the world to unfairly enrich their shareholders before Zain came in.

Monopolies like SCOM are bad for economies coz they have no incentive to lower costs and stifle innovation.

Now the billions saved by consumers can go into other sectors in the economy. There's bound to be a positive effect when like 50 billion goes to other sectors of the economy in stead of enriching Vodafon UK.

kanda
#103 Posted : Wednesday, September 01, 2010 4:42:45 PM
Rank: Member

Joined: 3/10/2008
Posts: 68
@tito, i like the way u bring a fresh angle to this discussion. i have also felt guilty going back to safcon knowing very well the call rates in safcon currently (2bob) is only possible coz of what zain did. to be honest i had hoped safcon would maintain their shareholder value argument n probably reduce only to 4-5 bob, but MJ once again proved that he can see a threat and react. that said, we need to ask if selling a minute at 2-3bob makes biz sense. to me that is the key Q. tumezoea paying exorbitant prices mpaka we cant believe that any money can be made at the current rates. where are the finance guys to crunch a few numbers and bring some objectivity here??
komera
#104 Posted : Wednesday, September 01, 2010 5:38:24 PM
Rank: New-farer

Joined: 6/29/2010
Posts: 56
Location: Nairobi
@ken1979,

again how Kenyam is suffferingcon, y play the nationality loyalty card now. If you guyz were Kenyans or cared bout Kenyans at all, as market leaders you should have been the first to reduce your calling rates. How Kenyan is giving mama mboga from kadogo economy conditions to use 3/ min to talk. we all know very few Kenyans can afford to top up with kshs 100. why give your fellow kenyans such harsh conditions so that they enjoy cheaper calls. I am thinking of thAT mamaa in kibera,korokocho n i all slums. she only makes 1 dollar a day./ her budget is 5 shs worth of unga, 5 shs worth of kerosene 5 shs worth of mboga 5 shs worth of sugar. in short she buys what she needs. where do you think she will get enough cash to buy credit for 100 so that she enjoys cheaper calls.

2) you call zain reactionary. then why dint you guyz stick with your super ongea which according to what i had used to stick at 8 bob through out the whole day and only reduces to 80 cents in the wee hour of the nights.kwani you think guyz are nyt runners or something.

3) if yoou dint care at all about zainz action, y did you even take your time writing that long post, c you let zain do what they do.

4) i here nowadays scanadd guyz work overtime 4 you, tell me when did you decide to lower your voice calls or give the 50% bonus to top ups last week friday.

5) maybe zain realised they cant beat you so they decided to spoil the market 4 u. lose lose situation coz i know it really hurts, the thought that you can charge a normal kenya less than 3 bob per minute.

6) the amount i've saved so far through zain is more than the penny mbili you guyz yours shareholders.

so next time you come lecture as about zain, pliz do your homework...ohh and lastly. you say the recption of the promotion has been really good and encouraging. really! which Kenya do you live in.

very angry at sufferingcon pretending to care bout kenyans kenyan here. bure
Much Know
#105 Posted : Wednesday, September 01, 2010 6:28:59 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
@komera and other frruuustrated zain employees, the threat to your jobs is not safaricom but your CEO, don't cry safaricom is greedy whearas zain lost all its customer by ruthlessly overcharging them, a good CEO can change your fortunes, thats the problem there! YOU WILL NOT CHEAT PEOPLE by earning negative revenues to ensnare them then turn around and tell them 'bend over'
Ras Kienyeji Man
radio
#106 Posted : Wednesday, September 01, 2010 6:42:53 PM
Rank: Veteran

Joined: 11/9/2009
Posts: 2,003
Laughing out loudly
Where these safcon and zain employees continue to fight, we continue to enjoy low rates.

I see someone losing bonuses.... Dont get married to your employer.
hisah
#107 Posted : Wednesday, September 01, 2010 6:47:35 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
KulaRaha wrote:
hisah wrote:
After all is said and done, if scom does post a 1H PBT above 10B, that should get long term investors interested. At full yr, a PBT of 18-19B (flat result) should be very bullish for the counter & very concerning to bharti after a massive price war. I'm keeping this in mind while looking for an entry (please get to 3/- or at least below 4/-) for a massive counter trend esp if full yr is a flat result.


Half year numbers at 10B sounds right.

Full year at 18B??? Fantasy my friend...fantasy...they wont even touch 16B. (I estimate 15.2B).

Then in 2011.....6B for full year, max. That is if the diehards still prefer calling at higher rates than everyone else.

Long term investors, anyone?


It is that fantasy that I want to play for the counter rally. This is why I stated that an 18 - 19B PBT (flat result) should see buying interest in droves since it would point to an ineffective price war campaign. I'm mainly interested with the data revenues for 1H, which will confirm how much they stand to bleed in order to forecast for 2H.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwanahisa
#108 Posted : Wednesday, September 01, 2010 6:55:26 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Speaking for myself, I have no quarrel with Zain. Indeed, I congratulate them on their BOLD move. However, a better offer came along almost immediately after their announcement and I promply shifted to the BEST offer.

These for me are currently Safcon closely followed by Orange. Most of my calls are within the Safcom network and to landlines, so you can see where I am coming from.

As for the Safcom share, I am beginning to sense that I could make some short term play on it and come out on top. Watch this space!
Much Know
#109 Posted : Wednesday, September 01, 2010 7:07:14 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
@kularaha, i must correct you on zain lowering cost to a bob 'with nothing to loose'. Zain owes safaricom billions in interconnection fees which safcom has never bothered to aggressively pursue, and bills are now growing! Zain made this move on the basis 'no one takes interconnection fees seriously'
Ras Kienyeji Man
Money Whisperer
#110 Posted : Wednesday, September 01, 2010 10:28:34 PM
Rank: Member

Joined: 8/7/2010
Posts: 728
Location: Wazuaville
Ok now who between these two is responsible for the "calls from hell"?
"Money never sleeps"
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