Comments on Bankelele: Kutwa Tuesday: Reverse Safaricom IPO and other suc...

It looks like Celtel is launching its Zain brand t...

2008-07-31T20:48:00.000+03:00

It looks like Celtel is launching its Zain brand tomorrow. Did anyone receive an sms like I did?: http://rafiki-kenya.blogspot.com/2008/07/celtel-zain-vs-safaricom.html

i am loving this repeats of whispers, i used to re...

2008-07-24T12:35:00.000+03:00

i am loving this repeats of whispers, i used to read it every sunday, i cant wait for the rereads

no one can ever fit into his shoes

Tumwijuke: I wonder how many noticed the standard ...

2008-07-23T11:29:00.000+03:00

Tumwijuke: I wonder how many noticed the standard tweak – their sales seem to have picked up also.
- And yes, Alvaro has taken off (bars and super markets can’t stock enough of it)

Mitzy: Never tried that one. I’d have to say that they’d have to market to Kenyans why they should order iced tea, when they are quite capable of ordering chai moto in a bar

andrew@jijinimarkets

anonymous, whether a stock is overpriced or not is...

2008-07-23T11:14:00.000+03:00

anonymous, whether a stock is overpriced or not is a matter of opinion which is dependent on your holding timeframe, company financials, market outlook, etc.

Having said that, quick look at its P/E ratio tells me the price is reflective of its financials. Market outlook is generally good (and is reflected in the price being many multiples of current earnings). For the longterm I think

Alvaro is a fantastic product. EABL need to broade...

2008-07-23T08:59:00.000+03:00

Alvaro is a fantastic product. EABL need to broaden their reach and could be a good product to venture into new countries... they can afford to buy off a bottling company or 2.

This company is 100% a value machine. its not easy to get 22% growth in a large business susch as theirs, but these managers do it year in year out

Standard is doing well with 40% increase in market...

2008-07-23T08:51:00.000+03:00

Standard is doing well with 40% increase in market share. This is a tremendous increase in a mostly loyalty business. Reinvention is the way to go with media (the Madonna way)

Share price has not dipped below 5.95 yet... they ...

2008-07-23T08:44:00.000+03:00

Share price has not dipped below 5.95 yet... they could still sell for 5 bob in the open market if they wanted.

Besides, not planned in budget so cannot happen this FY:-)

Banks, is Safari Tea catching on or did Alvaro gob...

2008-07-23T08:03:00.000+03:00

Banks, is Safari Tea catching on or did Alvaro gobble up their potential market too?

The Standard decided under achieving was the way t...

2008-07-22T18:17:00.000+03:00

The Standard decided under achieving was the way to go, huh?

A banking award in 'gender sensitivity'? (Person in my head laughs and falls off a chair) so much for being politically correct.

More on how that reverse stock split wiould work please. Inspector? Cold Tusker?

Kenyans actually took to Alvaro. Amazing!

Inspectordanger: It’s a one time cost to compensat...

2008-07-22T16:08:00.000+03:00

Inspectordanger: It’s a one time cost to compensate shareholders who will grumble for years to come (endless bad PR which will kill off future IPO’s like pipeline and co-op bank)

Coldtusker: I think we agree, housekeeping is the goal, a reverse split would be the mechanism –ama, what else? Because there are people who will be happy to hold 420 shares of the rest of their lives

MainaT and andrew@jijinimarkets.com , I actually l...

2008-07-22T16:06:00.000+03:00

MainaT and andrew@jijinimarkets.com , I actually like your idea of leaving safcom stock as is. But andrew@jijinimarkets.com, do you think the safcom share is already overprice in its state? Consider its per value... it translates to (last trading) Kes 650! a share.

I agree with mainaT, liquidity usually results in ...

2008-07-22T13:33:00.000+03:00

I agree with mainaT, liquidity usually results in more accurate prices. Just like an election, when more people are allowed to participate, the more accurate the results. The price we are seeing for Safcom is probably more accurate than what we'll have when the're fewer shareholders - when it will probably be overpriced.

Sorry, but is the best you guys can come up with. ...

2008-07-22T13:09:00.000+03:00

Sorry, but is the best you guys can come up with. A share buy-back? How about ignoring what I call short-term noises because this share will still double within the 12 months on fundamentals.
We cry for years about lack of liquidity at the bourse. We get some, now its lets get rid of it?
The issue that drove the share downwards was FFIs who I think have a now downloaded a significant

Is there still an Alvaro shortage in Nairobi? I c...

2008-07-22T11:08:00.000+03:00

Is there still an Alvaro shortage in Nairobi? I checked 3 establishments and they'd all ran out.
Showers in 1st class? Emirates has done it again, taking commercial flight to a whole new level. I read there are 12 luxurious suites on the Emirates A380 and passengers can sleep on a stand-alone bed rather than one converted from a seat. I eagerly await passenger reviews from the inaugural

Banks... u have the wrong idea about a reverse spl...

2008-07-22T11:01:00.000+03:00

Banks... u have the wrong idea about a reverse split... what ur describing is what I had proposed at DTBK... 'housekeeping'

A reverse split is when the price is considered too low so a 5:1 reverse split wud mean SafCon shares trading at 6.50 wud be at 32.50

"housekeeping" would entail a voluntary or involuntary buy-back of all shareholders who have less than x number of shares.

Reverse Split of shares, is it realistic? I am hea...

2008-07-22T09:02:00.000+03:00

Reverse Split of shares, is it realistic? I am hearing it for the first time, but I believe that would be a good thing. But can it really happen? If shareholder are paid back the IPO price or the current price whichever is lower, I am sure they will grumble and that will be a negative PR for safcom. Image keeping your money in Safcom stock and then loose after more than six months...