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SAFARICOM H1 2022-2023 EPS down 10%
My 2 cents
#41 Posted : Wednesday, March 08, 2023 3:44:50 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,059
mlennyma wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.


Why the sharp fall?


Who knows. I got some today for 20.90
Queen
#42 Posted : Wednesday, March 08, 2023 10:17:13 PM
Rank: Member


Joined: 11/21/2018
Posts: 561
Location: Britain
mlennyma wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.


Why the sharp fall?


Perceived government interference.

E.g Ndegwa's tenure is ending and no word yet about tenure extension or appointment of his replacement. All the indications are that somebody is being offered to replace Ndegwa and Vodafone may not be amused with the proposed choice.
gatoho
#43 Posted : Friday, March 10, 2023 5:59:05 AM
Rank: Member


Joined: 1/1/2010
Posts: 511
Location: kandara, Murang'a
Let me guess, from Nabii’s clan
Foresight..
obiero
#44 Posted : Tuesday, March 14, 2023 10:47:16 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
My 2 cents wrote:
mlennyma wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.


Why the sharp fall?


Who knows. I got some today for 20.90

18.90 sighted as today's low. how low can it go?

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
piedpiper
#45 Posted : Wednesday, March 15, 2023 11:46:18 AM
Rank: New-farer


Joined: 8/21/2017
Posts: 46
Down to 18.00...I now regret buying at 20.90 Laughing out loudly
Life is a beach and I'm just playing in the sand
Sufficiently Philanga....thropic
#46 Posted : Wednesday, March 15, 2023 1:36:54 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,218
Location: Sundowner,Amboseli

Unbelievable!
The more the foreigners sell, the more the shilling fallsPray
@SufficientlyP
Sufficiently Philanga....thropic
#47 Posted : Wednesday, March 15, 2023 1:48:51 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,218
Location: Sundowner,Amboseli
Should the FED stay hawkish(continuous rate hikes), then NSE should consider initiating a circuit breaker when the stock falls below 5% of its previous price!
BTW, Scom is trading cum div and will be ex tomorrow. Your guess is as good as mine.
@SufficientlyP
mlennyma
#48 Posted : Wednesday, March 15, 2023 2:35:47 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
Sufficiently Philanga....thropic wrote:

Unbelievable!
The more the foreigners sell, the more the shilling fallsPray


Could be signs of economy collapse with the new guys pushing to increase borrowing ceiling
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#49 Posted : Wednesday, March 15, 2023 3:12:36 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
mlennyma wrote:
Sufficiently Philanga....thropic wrote:

Unbelievable!
The more the foreigners sell, the more the shilling fallsPray


Could be signs of economy collapse with the new guys pushing to increase borrowing ceiling

The volume action today suggests that we will see KES 16 before end of next week. However the dip is not supported by any significant change in company fundamentals. It's a buy at KES 17

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Extraterrestrial
#50 Posted : Wednesday, March 15, 2023 3:18:14 PM
Rank: Member


Joined: 11/17/2018
Posts: 173
Location: Mars
Sufficiently Philanga....thropic wrote:
Should the FED stay hawkish(continuous rate hikes), then NSE should consider initiating a circuit breaker when the stock falls below 5% of its previous price!
BTW, Scom is trading cum div and will be ex tomorrow. Your guess is as good as mine.


This is quite a fatuous suggestion. It will simply reduce liquidity, which is the only fire still flickering at the NSE.
VituVingiSana
#51 Posted : Wednesday, March 15, 2023 7:48:49 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,057
Location: Nairobi
Queen wrote:
Supply @21.25....
14 bob here I come.

Hang tight! It is getting closer.

I am staying away from Saf until there is more clarity on Ethiopia or it falls sub-10. So many higher dividend yield payers eg banks on the NSE.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#52 Posted : Wednesday, March 15, 2023 8:30:24 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
VituVingiSana wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.

Hang tight! It is getting closer.

I am staying away from Saf until there is more clarity on Ethiopia or it falls sub-10. So many higher dividend yield payers eg banks on the NSE.

Sub 10 is a pipedream

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
heri
#53 Posted : Wednesday, March 15, 2023 9:52:11 PM
Rank: Member


Joined: 9/14/2011
Posts: 834
Location: nairobi
VituVingiSana wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.

Hang tight! It is getting closer.

I am staying away from Saf until there is more clarity on Ethiopia or it falls sub-10. So many higher dividend yield payers eg banks on the NSE.


I was banking on KCB for divs but it has disappointed beyond measure
My 2 cents
#54 Posted : Thursday, March 16, 2023 8:24:46 AM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,059
heri wrote:
VituVingiSana wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.

Hang tight! It is getting closer.

I am staying away from Saf until there is more clarity on Ethiopia or it falls sub-10. So many higher dividend yield payers eg banks on the NSE.


I was banking on KCB for divs but it has disappointed beyond measure


I was banking on (pun intended) DTBK disappointing; I did not expect this would be KCB instead.
piedpiper
#55 Posted : Thursday, March 16, 2023 1:38:12 PM
Rank: New-farer


Joined: 8/21/2017
Posts: 46
16.90 printed...this is madness!!Shame on you
Life is a beach and I'm just playing in the sand
MaichBlack
#56 Posted : Thursday, March 16, 2023 2:10:37 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,451
piedpiper wrote:
16.90 printed...this is madness!!Shame on you

And unfortunately the madness might go on for a couple of days/weeks before correction. Unfortunately nobody knows how long this might be. It might be next week, next month or even longer.

At the moment most buyers have stepped back due to the usual fear of trying to catch a falling knife.

When corrections starts, the volumes available will be too thin and you will not be able to get any meaningful shares if you are a buyer.

Hapa sasa ni ku combine fundamentals, intuition and most importantly balls!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#57 Posted : Thursday, March 16, 2023 2:12:42 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,451
My 2 cents wrote:
heri wrote:
VituVingiSana wrote:
Queen wrote:
Supply @21.25....
14 bob here I come.

Hang tight! It is getting closer.

I am staying away from Saf until there is more clarity on Ethiopia or it falls sub-10. So many higher dividend yield payers eg banks on the NSE.


I was banking on KCB for divs but it has disappointed beyond measure


I was banking on (pun intended) DTBK disappointing; I did not expect this would be KCB instead.

This is Kenya. Someone might be interested in getting into KCB big time and they want the share price to be depressed. And this one will take a beating if you combine the general trend with the disappointment.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#58 Posted : Thursday, March 16, 2023 2:15:34 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,451
Queen wrote:
Supply @21.25....
14 bob here I come.

If you want to know we are experiencing real madness, this statement was extremely far fetched a few weeks/days ago. Now the price might just go below this in record time!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
cnn
#59 Posted : Thursday, March 16, 2023 3:00:36 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,616
piedpiper wrote:
16.90 printed...this is madness!!Shame on you

Make that 16.50...putting most of my trading holdings to EABL and NCBA has saved me some coins.Stanchart and BAT for dividends still solid...KCB very disappointing.
MaichBlack
#60 Posted : Thursday, March 16, 2023 6:03:03 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,451
cnn wrote:
piedpiper wrote:
16.90 printed...this is madness!!Shame on you

Make that 16.50...putting most of my trading holdings to EABL and NCBA has saved me some coins.Stanchart and BAT for dividends still solid...KCB very disappointing.

Most of my daughters money is in KCB and BAT. KCB dividends were disappointing but performance not bad. At least my daughters still have some way to go before I officially turn over the shares to them. For now we deal with the disappointment and move on.

My greatest disappointment is using all their free cash to "grab" for them more KCB shares on Monday at a "discount". I would have used the same cash to get them more shares in a few weeks!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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