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Safaricom Half Year 2010/2011 results review
mwanahisa
#51 Posted : Thursday, November 11, 2010 10:54:52 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I have been shying away from Safcom, partly because I do not expect its share price to move up, because of the all the battles that have been going on. I use Safom along with all the other providers, although I barely use Zain, which for me is currently the most expensive provider. Kudos to them for bringing down the price, but that is as far as it goes. BTW, they had indicated that they would match each of Safcom's moves, but they have been unable to.

Now, as a customer of Safcom, I do not mind lower charges. But as a potential investor, if Safcom was to make ever greater profits, I stand to make a lot more money from my investment than the saving I get from lower call charges. Now, I can easily invest in Safcom since it is listed on the NSE. I cannot invest as easily in Bharti. I believe that is the crux of the matter. Most contributors on Wazua are investors and/or speculators. We stand to gain a lot more as investors than as customers, and the company we can invest is Safaricom. Little wonder why there is a lot of vitriol directed at Zain.

The bottomline is that even when I have no investment in a particular company, but that company has some bearing (like Safraicom does) on my other investments, I am afraid I have to care!
sheep
#52 Posted : Thursday, November 11, 2010 10:58:18 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
Saf is a great share for the long run...strong brand loyalty n sentimental value...mmeona in another thread watu wakibubujikwa na machozi coz ya advert nikona safaricom(oh my,soap operas have ruined us)!!....my problem is that I suspect I will still be able to buy this stock below 5bob in 2011...so sina mafeelings nayo...kuna other more 'promising' prospects.
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.
VituVingiSana
#53 Posted : Thursday, November 11, 2010 11:42:22 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
sky5 wrote:
VituVingiSana wrote:
Why would I look a gift horse in the mouth?

I used to spend at least 2x before the price wars [I used fewer minutes too]... So thanks to Zain-Airtel I have benefited...

Funny, when I defend KK, the same safcon defenders come out criticizing KK for 100/- petrol yet when I say I prefer Zain's lower pricing regardless what it does to safcon... Fire & Brimstone!!!


VVS, What if KK is forced to lower the price of fuel? What if they make losses and your share loses value? Aren't you happy and proud when they make profits?

Why don't you like Safaricom making profits
I am happy if safcom makes profits just that I worry if we are forced to go back to paying 12/- to call off-net.

As for KK, even I will use Total or Shell [I don't use independents coz I fear adulteration of fuel] if they are cheaper!

Bottomline: I value my 100/- more than Safcon's 10bn (or KK's 1bn) coz the 100/- is all MINE...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#54 Posted : Thursday, November 11, 2010 11:45:18 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
My 2 cents wrote:
@VVS, the Kshs. in you pocket now may belong to you but next year and years to come it will buy less and less, so better get it invested.
LOL... I need to eat as well & my local does not accept credit... ati, 'future value' of my shares & dividends... So I do keep some cash!

The excess is waiting for KPLC...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sky5
#55 Posted : Thursday, November 11, 2010 11:50:20 AM
Rank: Member

Joined: 5/7/2010
Posts: 282
Location: Nairobi
VVS:Its good to know you like profits. Businesses are for making profits otherwise they go out of business.

As for me, I actually buy where I invest regardless of cheap alternatives eg. I buy fuel at KK or Total, sugar from MSC only, bank in KCB and BBK only,buy unga from Unga Ltd etc. But that's just me!

youcan'tstopusnow
#56 Posted : Thursday, November 11, 2010 11:57:32 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
sheep, well said. guru and VVS, you should know that Equity and Safaricom stir plenty of emotion and are rarely discussed objectively
GOD BLESS YOUR LIFE
Bettertry
#57 Posted : Thursday, November 11, 2010 12:25:54 PM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
Where is the balance? As customers of these comm companies we want competition to be there coz it benefits the customer. But, it seems like standing from an investor's point of view we want to chase safcon competitors out of town in order to get greater ROIs. So again l ask where is the balance?
We Will Either Find a Way or Create One - HANNIBAL
selah
#58 Posted : Thursday, November 11, 2010 1:16:00 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
safaricom supplied 400,000 smart fones in H1
2282 base station 36% (829)data active ,intends it to grow to 50% ,165 wimax sites.

I think with such infrastructure and enhancement of its m-pesa and retail chain we havnt seen nothing yet.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
sparkly
#59 Posted : Thursday, November 11, 2010 1:33:09 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
My 2 cents wrote:
They have only lost 1.6% market share. Where are the nay sayers???
Their ad is indeed a brag ad. They deserve it, they deserve to brag. Go Safcom go.....Najivunia kuwa mteja


Ngoja 2H
Life is short. Live passionately.
mlennyma
#60 Posted : Thursday, November 11, 2010 2:52:35 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Before 2h zain will have lifted hands!!game over
"Don't let the fear of losing be greater than the excitement of winning."
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