Are you serious! I would buy it without a second thought if I had that money. With expected profit of 20B per annum, break even would be after just 11yrs and then guess what after that all the way to the Central Bank as I doubt any bank would be able to service that.

I suspect many will be shocked tommorow morning. I expect a slight earnings decline or flatness in earnings at best, ARPU has declined slightly beyond where they thought it would stagnate at long term (damn duo sims and price cuts competition. Voice can only shrink for safcom going forward.

The housefly in the froth is data. They have invested quite a huge sum in getting this monkey going, the reality is that this has turned out to be a serious non starter, the monkey won't get off its ass. Expect data results to hidden in txt and MPESA although even that will not be showing exceptionally high growth because MPESA had reached near maturity pre - MKESHO leaving real data business to drive growth and which is what has not happened. Factor in cost of financing and unless they did a mwangi on costs, this is one share i would be selling today because it doesn't take a stock guru to know we could be looking below 5 bob tommorow.

You really believe rencap's behind the envelope calculations, ok we are only less than 24hrs away, lets see how good their guestimates are

seems like i am the only pesimist here, safcom has engaged in major capital investments this past 1 year and i dont expect them to have paid of by the time of consolidation of their reports. Slight decline of profit for me. still will wait for tomorrow.

be patient, watch the market before you buy @5.50, i believe you can get it at a lower price