Wazua
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Safaricom 2019/2020
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Ericsson wrote:HY EBIT declines by 10.5%
Service revenue declined by 4.8% to ksh.118.4bn.
Borrowings grew from sh.8bn to 32bn
Profit before income tax down 12.8% to 44.7bn from 51.3bn in 2019
Profit after tax down 6% to 33.0bn from 35.2bn
They are forecasting/providing guidance of a 10% decline in FY EBIT from kes.101.5bn in FY20 to 91-94bn in FY21 Profit before income tax H1--44.7bn H2--48.9bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Ericsson wrote:young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Let's wait for tomorrow when market opens plus the press statement from the management on the next moves Shareholding of the operations in Ethiopia Safaricom. 55.7% Sumitomo corporation. 27.2% CDC. 10.9% Vodacom. 6.2% Operations to commence in 2022. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Ericsson wrote:Ericsson wrote:young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Let's wait for tomorrow when market opens plus the press statement from the management on the next moves Shareholding of the operations in Ethiopia Safaricom. 55.7% Sumitomo corporation. 27.2% CDC. 10.9% Vodacom. 6.2% Operations to commence in 2022. Why is the stock rallying? This investment will not generate a return for at least 5 years. Then there is the volatile political landscape that threatens to split the country in 3- TPLF in the North, OLF in the West, Refugees pouring into Sudan and detainees in the capital. Postponed elections are set for next month. I'll hold my purse close to my bossom for now Start!
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Metch wrote:Ericsson wrote:Ericsson wrote:young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Let's wait for tomorrow when market opens plus the press statement from the management on the next moves Shareholding of the operations in Ethiopia Safaricom. 55.7% Sumitomo corporation. 27.2% CDC. 10.9% Vodacom. 6.2% Operations to commence in 2022. Why is the stock rallying? This investment will not generate a return for at least 5 years. Then there is the volatile political landscape that threatens to split the country in 3- TPLF in the North, OLF in the West, Refugees pouring into Sudan and detainees in the capital. Postponed elections are set for next month. I'll hold my purse close to my bossom for now deeply divided country "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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mlennyma wrote:Metch wrote:Ericsson wrote:Ericsson wrote:young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Let's wait for tomorrow when market opens plus the press statement from the management on the next moves Shareholding of the operations in Ethiopia Safaricom. 55.7% Sumitomo corporation. 27.2% CDC. 10.9% Vodacom. 6.2% Operations to commence in 2022. Why is the stock rallying? This investment will not generate a return for at least 5 years. Then there is the volatile political landscape that threatens to split the country in 3- TPLF in the North, OLF in the West, Refugees pouring into Sudan and detainees in the capital. Postponed elections are set for next month. I'll hold my purse close to my bossom for now deeply divided country An analyst described it as,'the most racist country on earth' even their constitution recognizes the supremacy of tribes and every tribe has a militia. Their slow burn can quickly turn into a full blown civil war especially now that Eritrea and Sudan have been invited in to take sides. Let my purse warm my bossom for now Start!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Metch wrote:mlennyma wrote:Metch wrote:Ericsson wrote:Ericsson wrote:young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Let's wait for tomorrow when market opens plus the press statement from the management on the next moves Shareholding of the operations in Ethiopia Safaricom. 55.7% Sumitomo corporation. 27.2% CDC. 10.9% Vodacom. 6.2% Operations to commence in 2022. Why is the stock rallying? This investment will not generate a return for at least 5 years. Then there is the volatile political landscape that threatens to split the country in 3- TPLF in the North, OLF in the West, Refugees pouring into Sudan and detainees in the capital. Postponed elections are set for next month. I'll hold my purse close to my bossom for now deeply divided country An analyst described it as,'the most racist country on earth' even their constitution recognizes the supremacy of tribes and every tribe has a militia. Their slow burn can quickly turn into a full blown civil war especially now that Eritrea and Sudan have been invited in to take sides. Let my purse warm my bossom for now Ethiopia is a Empire, not a country. Not much has changed for thousands of years. Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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sparkly wrote:Metch wrote:mlennyma wrote:Metch wrote:Ericsson wrote:Ericsson wrote:young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Let's wait for tomorrow when market opens plus the press statement from the management on the next moves Shareholding of the operations in Ethiopia Safaricom. 55.7% Sumitomo corporation. 27.2% CDC. 10.9% Vodacom. 6.2% Operations to commence in 2022. Why is the stock rallying? This investment will not generate a return for at least 5 years. Then there is the volatile political landscape that threatens to split the country in 3- TPLF in the North, OLF in the West, Refugees pouring into Sudan and detainees in the capital. Postponed elections are set for next month. I'll hold my purse close to my bossom for now deeply divided country An analyst described it as,'the most racist country on earth' even their constitution recognizes the supremacy of tribes and every tribe has a militia. Their slow burn can quickly turn into a full blown civil war especially now that Eritrea and Sudan have been invited in to take sides. Let my purse warm my bossom for now Ethiopia is a Empire, not a country. Not much has changed for thousands of years. Despite all the racism, hate and yada yada, people will still want to make a call, send money, hate online, spread propaganda etc....Safaricom is on a mission to facilitate "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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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Much Know wrote:Queen wrote:Ericsson wrote:Ali Baba wrote:Positive. Though I suspect, the market had kinda factored the price. True Next is how the financing for the license will be paid and building the network. Safaricom is expected to go big in the debt market. Does this mean the shareholders should expect a dividends freeze/reduction in the meantime? no, most certainly an over subscribed bond and a share price rally which only atwoli is keen on destroying the way he did to KQ. Remember there is also the small matter of setting up the requisite operational infrastructure. The cost involved is not small change. Am surprised while giving out the composition of the consortium, they did not give any hint on how they intend to finance the cost of the acquisition and that of setting up the infrastructure.
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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murchr wrote:sparkly wrote:Metch wrote:mlennyma wrote:Metch wrote:Ericsson wrote:Ericsson wrote:young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Let's wait for tomorrow when market opens plus the press statement from the management on the next moves Shareholding of the operations in Ethiopia Safaricom. 55.7% Sumitomo corporation. 27.2% CDC. 10.9% Vodacom. 6.2% Operations to commence in 2022. Why is the stock rallying? This investment will not generate a return for at least 5 years. Then there is the volatile political landscape that threatens to split the country in 3- TPLF in the North, OLF in the West, Refugees pouring into Sudan and detainees in the capital. Postponed elections are set for next month. I'll hold my purse close to my bossom for now deeply divided country An analyst described it as,'the most racist country on earth' even their constitution recognizes the supremacy of tribes and every tribe has a militia. Their slow burn can quickly turn into a full blown civil war especially now that Eritrea and Sudan have been invited in to take sides. Let my purse warm my bossom for now Ethiopia is a Empire, not a country. Not much has changed for thousands of years. Despite all the racism, hate and yada yada, people will still want to make a call, send money, hate online, spread propaganda etc....Safaricom is on a mission to facilitate The mission is valid. If they don't unravel like fireworks money will be made. Those jumping in now will absorb the risk- will join them later for rewards 😀 Start!
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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young wrote:Ericsson wrote:Halloween Monday a press statement will be issued What will be the impact on safaricom share price positive or negative ? Turning out to be positive. Closed at 42.75 in today's trading. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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