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sparkly
#41 Posted : Saturday, December 18, 2010 8:07:33 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Gordon Gekko wrote:
Wananchi, 1MB fibre cable (last 10 metres coax) at ksh 999/- per month. Death knell for AK.

telco operators have been bleeding money big time. Wananchi may have very seductive offerings but just like orange and airtel have not turned a profit since acquisition. I think the only guys in the green are ak (now going down) and safaricom.
Life is short. Live passionately.
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Aguytrying
#42 Posted : Sunday, December 19, 2010 1:44:31 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
sparkly wrote:
Gordon Gekko wrote:
Wananchi, 1MB fibre cable (last 10 metres coax) at ksh 999/- per month. Death knell for AK.

telco operators have been bleeding money big time. Wananchi may have very seductive offerings but just like orange and airtel have not turned a profit since acquisition. I think the only guys in the green are ak (now going down) and safaricom.

@sparky. Wananchi business changed hands? When? Tell us more. And they havent turned a profit. Wow. This is news to me. zuku's prospectS are good though, they are really penetrating the market. Im a customer, and i love them!!
The investor's chief problem - and even his worst enemy - is likely to be himself
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qw25041985
#43 Posted : Sunday, December 19, 2010 2:04:08 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ sparkly. Wacha bangi bwana . And i even suspect u are taking the cheap variety. How in ur right mind can you say that a.k is in the green. I thought they even issud a profit warning . And that open view deal is what bleeding them allot of mulah.So where are this profits that u are seeing ? Secondly who aquired wananchi ? They are actually the once doing the aquiring.Stop readin' gutter press. Give us the link w/ that story. Otherwise wacha kutupa mbao so early in life. Lol !
Your future depends on your dreams so go to sleep !
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Aguytrying
#44 Posted : Sunday, December 19, 2010 9:39:12 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
qw25041985 wrote:
@ sparkly. Wacha bangi bwana . And i even suspect u are taking the cheap variety. How in ur right mind can you say that a.k is in the green. I thought they even issud a profit warning . And that open view deal is what bleeding them allot of mulah.So where are this profits that u are seeing ? Secondly who aquired wananchi ? They are actually the once doing the aquiring.Stop readin' gutter press. Give us the link w/ that story. Otherwise wacha kutupa mbao so early in life. Lol !
ha ha. Go easy on him. Kwani ukona vendetta naye. Let the gentleman explain himself. I also heard of the zuku acquisition a few months back, but not in detail.
The investor's chief problem - and even his worst enemy - is likely to be himself
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sparkly
#45 Posted : Sunday, December 19, 2010 10:32:13 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@qw hold your excitement. @aguy wananchi online was acquired by ATMT FUND of the USA in 2008. This was done through a mauritius registered entity (wananchi holdings). They then acquired mitsuminet and simbanet. Simbanet is also in TZ. All this was in citizen tv "who owns kenya" a month ago. They have been pumping money for the triple play cable, base stations and wimax. belief you me they are far from reaching a critical mass in customer numbers or breaking even. See here: www.moneybiz.co.za/afric...iness_and_technology=102
Life is short. Live passionately.
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innovator
#46 Posted : Sunday, December 19, 2010 11:31:15 PM
Rank: Member

Joined: 7/24/2010
Posts: 239
Location: nairobi
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sheep
#47 Posted : Monday, December 20, 2010 10:36:11 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
mhhhh...lets see whether 13 will hold...if it goes below that...I wont touch it with a ten foot pole.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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bartum
#48 Posted : Monday, December 20, 2010 12:45:53 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
on monday and a low of 12.80
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Aguytrying
#49 Posted : Monday, December 20, 2010 5:32:15 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
sparkly wrote:
@qw hold your excitement. @aguy wananchi online was acquired by ATMT FUND of the USA in 2008. This was done through a mauritius registered entity (wananchi holdings). They then acquired mitsuminet and simbanet. Simbanet is also in TZ. All this was in citizen tv "who owns kenya" a month ago. They have been pumping money for the triple play cable, base stations and wimax. belief you me they are far from reaching a critical mass in customer numbers or breaking even. See here: www.moneybiz.co.za/afric...iness_and_technology=102

The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying
#50 Posted : Monday, December 20, 2010 6:05:19 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@sparkly. Thanks for the info. Zuku brand was launched around that time come to think of it. Looking back, they've achieved the wi max goal. Today for the first time, there was a que when i went to pay my bill. The receptionist confirmed that clients off late had increased than before. I dont know about their financial health, but all other areas, they are doing well. I just wish they were listed.
The investor's chief problem - and even his worst enemy - is likely to be himself
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