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Safaricom FY 2011 Results due on 18th May
Impunity
#1 Posted : Tuesday, May 10, 2011 10:32:55 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
How will the market react?
Do we expect anything near 20 Birrion profit?
Being the market leader,the market is likely to follow in the footstep of this (saf)con...
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Sober
#2 Posted : Tuesday, May 10, 2011 10:55:41 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
The speculators are out. the counter is touching the high of 4.00 with about 4 more trading days to the day of material announcement, i can't wait to see how the results look like considering the price wars.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Cde Monomotapa
#3 Posted : Wednesday, May 11, 2011 5:01:04 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
IMHO there will be gnashing of teeth and loss of value. Nevertheless, I could be made to believe in miracles come the 18th. P.S: PLEASE AMEND HEAD LINE OF THREAD.
Cde Monomotapa
#4 Posted : Wednesday, May 11, 2011 7:25:14 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cheers (for amendment)
the deal
#5 Posted : Wednesday, May 11, 2011 8:14:35 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
18 May that's early...its Bullish signal right there.
mlennyma
#6 Posted : Wednesday, May 11, 2011 8:24:26 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Sold half left with half
"Don't let the fear of losing be greater than the excitement of winning."
XSK
#7 Posted : Wednesday, May 11, 2011 9:04:01 AM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
I am waiting for this like a nothing else! Being the market leader means whatever direction in terms of performance safcom takes will give a general indication of the industry. Lakini pia naogopa they might have been fatally injured by the price wars.
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
mlennyma
#8 Posted : Wednesday, May 11, 2011 9:36:56 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Why was there no profit warning?
"Don't let the fear of losing be greater than the excitement of winning."
2012
#9 Posted : Wednesday, May 11, 2011 9:44:39 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mlennyma wrote:
Why was there no profit warning?


Could they have pulled a rabbit out of the hat?

BBI will solve it
:)
the deal
#10 Posted : Wednesday, May 11, 2011 9:48:30 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Find out why Safcom will survive Airtels onslaught...coming up here http://contrarianinvestingkenya.blogspot.com later during the day.
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