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Safaricom 2019/2020
Ericsson
#1 Posted : Friday, July 26, 2019 7:07:32 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
South African mobile phone operator Vodacom Group Ltd on Thursday reported a 4% rise in first quarter revenue as growth from its international business offset a lacklustre performance at home, sending its shares up 2%.

Group revenue rose to 21.5 billion rand ($1.55 billion) for the quarter ended June 30, with service revenue up 3.9% to 17.4 billion rand.

Despite the impact of cyclones Idai and Kenneth in Mozambique, international service revenue jumped 20%, largely driven by a 42.7% increase in revenue from Kenya’s Safaricom M-Pesa mobile financial services platform and data demand, the company said.

https://af.reuters.com/a.../kenyaNews/idAFL8N24Q1SW
FUNKY
#2 Posted : Friday, July 26, 2019 7:10:31 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,558
Ebenyo
#3 Posted : Saturday, July 27, 2019 8:50:46 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
FUNKY wrote:
https://citizentv.co.ke/business/govt-will-not-interfere-with-search-for-new-safaricom-after-collymores-death-mucheru-266120/?amp

Some good news!



This is good.We don't want safaricom to go the path of kplc,KQ,mumias and eapcc
Towards the goal of financial freedom
Ericsson
#4 Posted : Wednesday, July 31, 2019 2:07:29 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
https://www.kahawatungu....mployees-airtel-merger/

Safaricom shareholders are dancing
XSK
#5 Posted : Wednesday, July 31, 2019 2:26:13 PM
Rank: Veteran


Joined: 12/8/2009
Posts: 961
Location: Nairobi
Ericsson wrote:
https://www.kahawatungu.com/2019/07/31/600-telkom-kenya-employees-airtel-merger/

Safaricom shareholders are dancing


Why should they be dancing/happy? smile
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
Ericsson
#6 Posted : Wednesday, July 31, 2019 2:30:06 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,718
Location: NAIROBI
XSK wrote:
Ericsson wrote:
https://www.kahawatungu.com/2019/07/31/600-telkom-kenya-employees-airtel-merger/

Safaricom shareholders are dancing


Why should they be dancing/happy? smile

The combined entity is a non starter
FUNKY
#7 Posted : Thursday, August 01, 2019 6:53:32 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,558
winmak
#8 Posted : Thursday, August 01, 2019 9:33:06 PM
Rank: Member


Joined: 12/1/2007
Posts: 425
Location: Nakuru
[quote=FUNKY]Breaking news

https://www.standardmedi...H1b3VVF5yaHyJDF6jRgxaYw[/quote]

Should we worry
For investors as a whole, returns decrease as motion increases ~ WB
Ebenyo
#9 Posted : Thursday, August 01, 2019 9:36:03 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
winmak wrote:
[quote=FUNKY]Breaking news

https://www.standardmedi...H1b3VVF5yaHyJDF6jRgxaYw[/quote]

Should we worry



As of now,there is no worry.
Towards the goal of financial freedom
FUNKY
#10 Posted : Thursday, August 01, 2019 9:41:41 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,558
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!
xxxxx
#11 Posted : Thursday, August 01, 2019 10:33:40 PM
Rank: Member


Joined: 3/20/2008
Posts: 477
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???
FUNKY
#12 Posted : Thursday, August 01, 2019 10:45:48 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,558
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason
Angelica _ann
#13 Posted : Thursday, August 01, 2019 10:55:44 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,975
FUNKY wrote:
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason


Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ebenyo
#14 Posted : Friday, August 02, 2019 10:18:08 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
Angelica _ann wrote:
FUNKY wrote:
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason


Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head.



They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO.
Towards the goal of financial freedom
FUNKY
#15 Posted : Friday, August 02, 2019 10:36:15 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,558
Ebenyo wrote:
Angelica _ann wrote:
FUNKY wrote:
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason


Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head.



They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO.


You cannot trust this government at all
maka
#16 Posted : Friday, August 02, 2019 10:44:20 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,247
Location: Nairobi
Ebenyo wrote:
Angelica _ann wrote:
FUNKY wrote:
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason


Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head.



They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO.


@Ebenyo ...You would honestly believe what the Jubilee govt would tell you....
possunt quia posse videntur
Ebenyo
#17 Posted : Friday, August 02, 2019 11:57:21 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
maka wrote:
Ebenyo wrote:
Angelica _ann wrote:
FUNKY wrote:
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason


Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head.



They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO.


@Ebenyo ...You would honestly believe what the Jubilee govt would tell you....



@Maka,i agree with your point,but it's very unwise to make an investment decision based on fear.
Towards the goal of financial freedom
Ebenyo
#18 Posted : Friday, August 02, 2019 3:20:29 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
https://kenyanwallstreet...a-to-move-beyond-kenya/


This will help grow safaricom asset base.
Towards the goal of financial freedom
Monk
#19 Posted : Monday, August 05, 2019 8:18:05 AM
Rank: Member


Joined: 7/1/2009
Posts: 112
FUNKY wrote:
Ebenyo wrote:
Angelica _ann wrote:
FUNKY wrote:
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason


Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head.



They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO.


You cannot trust this government at all


I reckon the uncertainty and fear created by GOK move on CEO position might present a buying opportunity in the short term (MJ, foreign investors exiting). In the long term, I doubt GOK will want to kill this goose, so those who are in for the long haul need not worry...my thoughts on this counter.
Ebenyo
#20 Posted : Monday, August 05, 2019 8:44:02 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,735
Location: Kitale
Monk wrote:
FUNKY wrote:
Ebenyo wrote:
Angelica _ann wrote:
FUNKY wrote:
xxxxx wrote:
FUNKY wrote:
There is a big worry...Michael Joseph must know something that's why he sold his entire shareholding!


Was MJ meant to be a SCOM shareholder perpetually???


No he wasn't but still it really does not make sense him selling his entire shareholding suddenly! As time goes we shall come to know the reason


Since he knew Bob was not doing too well, probably he was fearing the impending succession battle, thereafter. He must also have know the GoK's position of wanting a local to be the head.



They did so out of fear.But that's water under the shade. Gava has made it clear they won't interfere with the process of getting a new CEO.


You cannot trust this government at all


I reckon the uncertainty and fear created by GOK move on CEO position might present a buying opportunity in the short term (MJ, foreign investors exiting). In the long term, I doubt GOK will want to kill this goose, so those who are in for the long haul need not worry...my thoughts on this counter.



After book closure on 30th August,there will be massive exit.Presents a good opportunity for long term buyers.
Towards the goal of financial freedom
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