Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Kibe21 wrote:obiero wrote:Kibe21 wrote:obiero wrote:obiero wrote:Ericsson wrote:maka wrote:kaka2za wrote:Time to come back to the blue section now. Interesting bit is that the economic outlook over the next coupleof years doesn't look rosy at all... Wonder how the stockmarket will hold up... It will be messy and worse. Jubilee government has no legacy to leave apart from making life worse for mwananchi By this afternoon all will be clear.. Blood on the street. Time to make a quick buck No one knows how to call the bottom, better than @Obiero.. While everyone spooked out, he bought COOP at KES 13.15, KCB at KES 38.. Just 14 days ago! Is safaricom a good buy for this quick short term gains? In my view, it is definitely trading at a discount. Whether it will adjust upward rapidly is a story for another day. Too many moving parts with mobile money interoperability and price wars on voice, data, money transfer.. Agreed, but definitely a buy for the long term. https://www.businessdail...90364-sfmnhn/index.html
For now I ride the KQ rally and hopefully KAA deal happens soon as well. You are in the right share at the right time, but be careful at any price above KES 14 before the KAA deal is made official.. It is a very risky, high beta share KQ ABP 4.26
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