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Safaricom 2019/2020
Ericsson
#21 Posted : Thursday, August 15, 2019 2:10:42 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
What has spooked the share price today.
Monk
#22 Posted : Thursday, August 15, 2019 6:34:18 PM
Rank: Member


Joined: 7/1/2009
Posts: 99
Ericsson wrote:
What has spooked the share price today.


Spooked? Perhaps the closure date on 30th August for the generous 1.87 dividend.
Ericsson
#23 Posted : Friday, August 16, 2019 10:55:00 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
Monk wrote:
Ericsson wrote:
What has spooked the share price today.


Spooked? Perhaps the closure date on 30th August for the generous 1.87 dividend.


29 per share smashed though with heavy volumes
Ericsson
#24 Posted : Friday, August 16, 2019 3:36:23 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
There must be some good news coming based on the behaviour of the share yesterday and today.
While the other counters are tanking
Ericsson
#25 Posted : Saturday, August 17, 2019 11:38:28 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
Ebenyo wrote:
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.


2019 year low is 21.50
Ericsson
#26 Posted : Saturday, August 17, 2019 11:40:00 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
Half Year results announcement is on Friday 1 November 2019
xtina
#27 Posted : Monday, August 19, 2019 12:38:30 PM
Rank: Member


Joined: 6/26/2008
Posts: 259
Safcom at 29.5, what am I missing?
Ericsson
#28 Posted : Monday, August 19, 2019 1:20:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
xtina wrote:
Safcom at 29.5, what am I missing?


Down 20 cents to 29
murchr
#29 Posted : Monday, August 19, 2019 1:49:35 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,813
Ericsson wrote:
xtina wrote:
Safcom at 29.5, what am I missing?


Down 20 cents to 29


Babysitting stocks must be a fulltime job.
"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
.
VituVingiSana
#30 Posted : Monday, August 19, 2019 5:45:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,290
Location: Nairobi
murchr wrote:
Ericsson wrote:
xtina wrote:
Safcom at 29.5, what am I missing?


Down 20 cents to 29

Babysitting stocks must be a fulltime job.
That's why I like to buy shares in firms that allow me to sleep in. I like discounts but I am OK with the stockmarket closing down for a year (or longer) as long as the firms are a-OK going about their business of Business.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ebenyo
#31 Posted : Monday, August 19, 2019 7:43:30 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,702
Location: Kitale
xtina wrote:
Safcom at 29.5, what am I missing?





Book closure is approaching.So guys wants to book dividends.Afterwards the price will come down.
This will be the year 2019 high.On 4th January 2019 it touched a low of 21.30.
That's 38% capital gains.
Towards the goal of financial freedom
Viviva
#32 Posted : Tuesday, August 20, 2019 10:54:23 AM
Rank: New-farer


Joined: 5/3/2019
Posts: 11
Location: Uk
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?
Ericsson
#33 Posted : Tuesday, August 20, 2019 11:12:51 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
Viviva wrote:
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?

2nd September
Angelica _ann
#34 Posted : Tuesday, August 20, 2019 11:37:37 AM
Rank: Elder


Joined: 12/7/2012
Posts: 10,796
Ericsson wrote:
Viviva wrote:
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?

2nd September


Shame on you Shame on you Shame on you
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#35 Posted : Tuesday, August 20, 2019 12:28:59 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
Angelica _ann wrote:
Ericsson wrote:
Viviva wrote:
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?

2nd September


Shame on you Shame on you Shame on you

3rd September
Viviva
#36 Posted : Tuesday, August 20, 2019 3:07:34 PM
Rank: New-farer


Joined: 5/3/2019
Posts: 11
Location: Uk
Lots of confusion? I believe it is also 2nd sept? Or is the ex dividend date 30th aug?Correct me if im wrong how can it be 3rd sept?
Ericsson
#37 Posted : Tuesday, August 20, 2019 3:08:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
Viviva wrote:
Lots of confusion? I believe it is also 2nd sept? Or is the ex dividend date 30th aug?Correct me if im wrong how can it be 3rd sept?

On 3 September safaricom will be trading ex-dividend.
On 2 September it will be cum dividend.
Ericsson
#38 Posted : Saturday, August 24, 2019 8:19:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
https://www.capitalfm.co...-in-6-months-on-fuliza/

Safaricom disbursed an estimated Sh81 billion in digital loans on its M-Pesa’s overdraft facility Fuliza in the six months to June 2019, to demonstrate the skyrocketing appetite for instant micro-loans in Kenya.

According to Standard Investment bank (SIB), Commercial Bank of Africa (CBA) extended at least Sh54 billion of the amount while Kenya Commercial Bank (KCB) contributed Sh27 billion to the facility.

CBA and KCB are the underwriters of the facility, with amounts disbursed by each pegged on the market share of their respective digital loans offering Mshwari and KCB-Mpesa.

KCB earned Sh484 million in the first half of 2019 in revenue from Fuliza, thus totalling Sh2.4 billion for the entire product as at end of June 2019.

SIB estimates that Safaricom more than doubled the revenue, earning at least Sh968 million in the six months to June 2019.

“Based on the current run rate and our estimates on costs and forward guidance provided by Safaricom’s management for Financial Year 2020, we expect Fuliza to account for at least 25 percent of Earnings Before Interest and Taxes growth,” SIB says.

Fuliza is owned by the three entities, with Safaricom and CBA tying at 40 percent shareholding each, while KCB owns 20 percent.

The service was launched in January 2019 to provide M-Pesa users with top-up loans whenever they need to make a transaction, but find they lack enough money in their mobile cash wallets.

Customers are charged an access fee of 1 percent and a maintenance fee of between Sh2 and Sh30 per each day that the wallet remains overdrawn.

Whenever customers receive an inflow into their M-PESA wallet, the overdrawn position is deducted
Viviva
#39 Posted : Monday, August 26, 2019 11:34:41 AM
Rank: New-farer


Joined: 5/3/2019
Posts: 11
Location: Uk
Share price on sharp decline despite prospective dividend and book closure? Why a lack of interest despite handsome dividend?
Ericsson
#40 Posted : Monday, August 26, 2019 12:02:08 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,248
Location: NAIROBI
Viviva wrote:
Share price on sharp decline despite prospective dividend and book closure? Why a lack of interest despite handsome dividend?


People are waiting for it at the bottom.
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