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Safaricom..Favorite stock at the moment.
Manja Investor
#11 Posted : Sunday, November 22, 2009 3:25:00 PM
Rank: Member

Joined: 11/13/2008
Posts: 87
Thanx wonderful one.

Infact I am very confused abt this.Other input on even other counters would be much appreciated
VituVingiSana
#12 Posted : Sunday, November 22, 2009 10:07:00 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
LOL... Those who bought at 7.40 were chomeka'd vibaya!!!
*** The closing price was 4.80 so expect it to cross 5/- this week but buyers beware... At 5/-,a lot of frustrated Kenyans will start selling but it seems the buyers are waiting.
***** 800,000 shareholders will drop to 700,000 by the next AGM.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#13 Posted : Monday, November 23, 2009 7:18:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Already up 10% so now its a waiting a game till tomorrow... Plenty of buyers but sellers are few & in between...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Retro
#14 Posted : Monday, November 23, 2009 8:14:00 AM
Rank: Member

Joined: 6/19/2009
Posts: 5
Jammo,you seem to be a Guru at this. Advise please. My wife and I have about 180,000 share. We are having debate of when to off load. i think we should hold till Dec 2010 she says we offload now make our profit and immediately buy at current price.

The pesimist complains about the wind,the optimist expects it to change. The leader adjusts the Sails
Kamaa
#15 Posted : Monday, November 23, 2009 8:30:00 AM
Rank: Veteran

Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
@ retro

how much did you buy those shares..?

When you run so fast to get somewhere,you miss the fun of getting there... Life is not a race,so take it slowly....
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
Retro
#16 Posted : Monday, November 23, 2009 9:35:00 AM
Rank: Member

Joined: 6/19/2009
Posts: 5
@Kama bought them @4.8

The pesimist complains about the wind,the optimist expects it to change. The leader adjusts the Sails
mukiha
#17 Posted : Monday, November 23, 2009 10:16:00 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
@Retro;

Rather than sell the whole lot,you may want to consider some profit taking...this way.

You bought at 4.8 if it goes up by 10% [5.30],sell 10% of your holding [18,000 shares] and wait......if it goes another 10% [5.80],sell another 10% of the remaining holding [16,000 shares]......

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
VituVingiSana
#18 Posted : Monday, November 23, 2009 10:55:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Price has gone down... I thought it would stay at 4.95 for the whole session...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Magigi
#19 Posted : Monday, November 23, 2009 4:44:00 PM
Rank: Elder

Joined: 3/31/2008
Posts: 7,081
Location: Kenya
mmmhhh... profit taking. In a weeks time it will go back to 4 bob...
Alchemist
#20 Posted : Monday, November 23, 2009 6:27:00 PM
Rank: Member

Joined: 4/28/2009
Posts: 28
Someone couldnt avoid taking a swipe at Jammo but if you look keenly,you will realize that serious contributors have left SK in droves in the last 6 months. One of the biggest reasons for this is that some new contributors have flooded the investment sub-category with all manner of lewd jokes and comments about other contributors. Making SK a joke can only discourage the likes of Jammo,Young,Mwanahisa,Tuskerbaridi,Soros etc. Hata Njung'e amehepa and Kaiganjo no longer gives his very good analysis of agricultural issues because he is simply not challenged.

With regard to Safaricom,value investors know that this stock is a long term buy. My long term is usually 7 to 10 years. Any short term appreciation is welcome.


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