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Safaricom share consolidation vs Tariff wars
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mukiha
#41 Posted : Monday, October 04, 2010 12:00:28 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
@mjuaji; join us on the faNtaSEy Market; you will get 500k which you can put in SCOM and see how it works out...
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Bettertry
#42 Posted : Monday, October 04, 2010 12:14:12 PM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
The way l c it there r 3 options to this counter, 1) Advocate for CMA to amend the Rs & Rs to allow for share consolidation, 2) Have safcon mngt become more innovative & creative in their products & services which will in turn increase the value of this share albeit gradually, 3) Current & potential shareholders decide whether they're in this counter for growth or income and "forever" hold their peace.
We Will Either Find a Way or Create One - HANNIBAL
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mjuaji wa stocks
#43 Posted : Monday, October 04, 2010 12:38:34 PM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
@mukiha....i did have good cash which i invested in MSC at 3.50 and 3.80....i sold all my holdings at 7.10/= Did i make money?

I then bought crowm berger at 29 which rose to 45/= Did i make money?

I then bought williamson tea at 215 which went up to 249/= Did i make money?

Now; if i had some extra cash at the moment as you say...i would buy safcom.....yes i would...

But i find better bargains at the moment.....equity and co-op bank....targeting to sell just before or after announcement next jan 2011...end year esults....that is how i make money....
I will then come and see where safcom will be by then!! Then i will consider.



God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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  | | Edit by user: Monday, October 04, 2010 12:40 PM | Reason: Not specified
Njung'e
#44 Posted : Monday, October 04, 2010 12:52:51 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Ndemo says KRA will lose Kshs 10B in taxes due to the on going price war.....Hmmmm!
Nothing great was ever achieved without enthusiasm.
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komera
#45 Posted : Monday, October 04, 2010 12:57:18 PM
Rank: New-farer

Joined: 6/29/2010
Posts: 56
Location: Nairobi
njunge..bur that cash will be used somewhere else coz its wat the ordinary mwananchi is saving. simple economic calcs my pal plus twill beta the lyf of many. we need the cost of living 2 keep on coming down for this country to archive its target of becoming a middle income economy. and we all agree that communication bites a big percentage in our expences
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mukiha
#46 Posted : Monday, October 04, 2010 1:05:11 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
komera wrote:
njunge..bur that cash will be used somewhere else coz its wat the ordinary mwananchi is saving. simple economic calcs my pal plus twill beta the lyf of many. we need the cost of living 2 keep on coming down for this country to archive its target of becoming a middle income economy. and we all agree that communication bites a big percentage in our expences

This may not be the right thread, but @komera; is it the cost of living that we need to bring down or the income levels that we need to push up?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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mlennyma
#47 Posted : Monday, October 04, 2010 1:07:25 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
We dont want laws which are one sided,the law that allows a split is the same law supposed to allow consolidation.and brokers form a pool of shares less than 100
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#48 Posted : Monday, October 04, 2010 1:48:45 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Njung'e wrote:
Ndemo says KRA will lose Kshs 10B in taxes due to the on going price war.....Hmmmm!
Bure kabisa! That cash 'saved' in my pocket is going towards higher data use... Plus the higher cost of petrol (which is taxed at 40%)...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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komera
#49 Posted : Monday, October 04, 2010 1:56:00 PM
Rank: New-farer

Joined: 6/29/2010
Posts: 56
Location: Nairobi
njunge..rem usage cost in most operators haas come down by 50% loosely translated money saved = money gained = increase in disposable income. what would you prefer for gava to increase theie collection or for you to save and have cash to spend somewhere else.
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Much Know
#50 Posted : Monday, October 04, 2010 2:19:18 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
Hiyo ndio maisha ya shares, it will not always be UP, Up, Up or we start crying consolidation, there is nothing to weep about here.
Ras Kienyeji Man
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