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Safaricom 1H16 Results net profit up 23%

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hisah		#221 Posted : Thursday, April 21, 2016 5:31:22 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Mpesa bank chart is the opposite of the NBK chart. RSI is indicating overbought conditions which means price will trim back to breakout point before continuation higher. After a breakout you need to test the resistance zone to confirm sellers are gone before heading higher. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#222 Posted : Friday, April 22, 2016 6:02:02 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		hisah wrote: Mpesa bank chart is the opposite of the NBK chart. RSI is indicating overbought conditions which means price will trim back to breakout point before continuation higher. After a breakout you need to test the resistance zone to confirm sellers are gone before heading higher. As expected, previous all time high level has rejected the bulls and forced the price to skid. Closes the week on the back foot as price dips below Monday open. Price is likely to test 16.50 on the reversal before buyers regroup for the next 18 handle attack. But I'm not excited with the current rally since it's near the FY result news event. Limited upside. Unless that news event blows out the market expectations. If I was to go by @ericsson DPS estimate of 70cts (10% DPS hike) then there's nothing exciting. A DPS of 90cts (40% DPS hike) could force the market to rally, but that is too much an expectation. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma		#223 Posted : Friday, April 22, 2016 7:58:17 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		hisah wrote: hisah wrote: Mpesa bank chart is the opposite of the NBK chart. RSI is indicating overbought conditions which means price will trim back to breakout point before continuation higher. After a breakout you need to test the resistance zone to confirm sellers are gone before heading higher. As expected, previous all time high level has rejected the bulls and forced the price to skid. Closes the week on the back foot as price dips below Monday open. Price is likely to test 16.50 on the reversal before buyers regroup for the next 18 handle attack. But I'm not excited with the current rally since it's near the FY result news event. Limited upside. Unless that news event blows out the market expectations. If I was to go by @ericsson DPS estimate of 70cts (10% DPS hike) then there's nothing exciting. A DPS of 90cts (40% DPS hike) could force the market to rally, but that is too much an expectation. sometimes it's good to dream of safcom paying 90cts dividend which will most likely be higher than it's EPS "Don't let the fear of losing be greater than the excitement of winning."
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Ericsson		#224 Posted : Saturday, April 23, 2016 8:01:37 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI		Release of the Full Year 2015/2016 Financial Results is on 11 May 2016.SO there is still three weeks to go. I hope the share comes down till the ksh.15 level. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Spikes		#225 Posted : Saturday, April 23, 2016 8:05:23 AM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		Ericsson wrote: Release of the Full Year 2015/2016 Financial Results is on 11 May 2016.SO there is still three weeks to go. I hope the share comes down till the ksh.15 level. If it hits 15/- I will load substantially. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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MaichBlack		#226 Posted : Saturday, April 23, 2016 8:30:20 AM
Rank: Elder Joined: 7/22/2009 Posts: 7,841		Ericsson wrote: Release of the Full Year 2015/2016 Financial Results is on 11 May 2016.SO there is still three weeks to go. I hope the share comes down till the ksh.15 level. Waste of hope! Why not hope for something that has a higher chance of happening (compared to what you are hoping for)? Like politicians reducing their salaries and shunning both tribalism and corruption! Absolutely no chance the share will hit 15/= between now and 11th May 2016! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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mlennyma		#227 Posted : Saturday, April 23, 2016 10:55:56 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Spikes wrote: Ericsson wrote: Release of the Full Year 2015/2016 Financial Results is on 11 May 2016.SO there is still three weeks to go. I hope the share comes down till the ksh.15 level. If it hits 15/- I will load substantially. safcom hitting 15 is not a miracle i think its within acceptable price swings in a stock market "Don't let the fear of losing be greater than the excitement of winning."
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Spikes		#228 Posted : Saturday, April 23, 2016 11:29:40 AM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		mlennyma wrote: Spikes wrote: Ericsson wrote: Release of the Full Year 2015/2016 Financial Results is on 11 May 2016.SO there is still three weeks to go. I hope the share comes down till the ksh.15 level. If it hits 15/- I will load substantially. safcom hitting 15 is not a miracle i think its within acceptable price swings in a stock market A stock which stuns the market by monumental daily volumes has high possibility of hitting at the extreme price swings. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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MaichBlack		#229 Posted : Saturday, April 23, 2016 5:02:59 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,841		Spikes wrote: mlennyma wrote: Spikes wrote: Ericsson wrote: Release of the Full Year 2015/2016 Financial Results is on 11 May 2016.SO there is still three weeks to go. I hope the share comes down till the ksh.15 level. If it hits 15/- I will load substantially. safcom hitting 15 is not a miracle i think its within acceptable price swings in a stock market A stock which stuns the market by monumental daily volumes has high possibility of hitting at the extreme price swings. By 11th May 2016??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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murchr		#230 Posted : Monday, April 25, 2016 10:51:48 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		https://youtu.be/O7Njjk2DItc?t=20m29s "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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