tag:blogger.com,1999:blog-9317825.post6437174087747786156..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Safaricom @ NSE Day 7bankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-9317825.post-54079856416088396342008-06-18T16:30:00.000+03:002008-06-18T16:30:00.000+03:00QTEL Issued: Approx 110.6 Million sharesQTEL Issued: Approx 110.6 Million sharesMaishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-88085226969369786542008-06-18T15:32:00.000+03:002008-06-18T15:32:00.000+03:00Anon: I'm thinking long term, but a 100/= in four ...Anon: I'm thinking long term, but a 100/= in four years? wow<BR/><BR/>just what? i hope one day African governemnts can negotiate IPO agreements for their citizens to invest in each other's listing - not just lumping all foreigners as one category. <BR/><BR/>Maishinski: wow, the posssibilities are endless. where will a $5 billion company growing at 30% a year. I'd like MJ to start steeping back from his CEO role. he is too much intwined with the company (.i.e. psychologically for investors)<BR/><BR/>Kazee; lets keep workign the numbersbankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-90818771310929667042008-06-18T14:31:00.000+03:002008-06-18T14:31:00.000+03:00@Maishinski, you only missed one figure: Number of...@Maishinski, you only missed one figure: Number of shares floatedAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-38698083968134109742008-06-18T11:38:00.000+03:002008-06-18T11:38:00.000+03:00Mobile penetration explained:QTEL: 127% with 35% a...Mobile penetration explained:<BR/>QTEL: 127% with 35% annual growth<BR/><BR/>Most people have two lines from Qtel (official POSTPAID mobile from employer and personal PREPAID mobile).<BR/><BR/>Qtel also provides fixed line services and internet (over cable, wireless and mobile).Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-43820322016526519952008-06-18T11:32:00.000+03:002008-06-18T11:32:00.000+03:00Here's some quick numbers for a company that was q...Here's some quick numbers for a company that was quite similar to Safcom. <BR/><BR/>Would someone care to fill in the Safcom values (am too busy this week)?<BR/><BR/>Market Capitalization (June 2008):<BR/>QTEL KSH 387,090,000,000 <BR/>SCOM KSH 320,000,000,000<BR/><BR/>AVG SHARE PRICE : <BR/>QTEL KSH 3,500/- (wow!)<BR/>SCOM KSH 8/-<BR/><BR/>ASSETS (excluding intangibles like goodwill):<BR/>QTEL 2006 KSH 90Billion<BR/>SAFCOM 2006 KSH:<BR/><BR/>QTEL 2007 KSH 267 Billion<BR/>(aggressive acquisitions in ME and Asia)<BR/>SAFCOM 2007 KSH:<BR/><BR/>PROFITS AFTER TAX:<BR/>QTEL 2007 KSH 30Billion (Tax free)<BR/>SAFCOM 2007 KSH 19 billion (before tax)<BR/>SAFCOM 2007 KSH ? billion (after tax)<BR/><BR/>EPS: <BR/>QTEL: 16.74<BR/>SAFCOM: <BR/><BR/>MOBILE PENETRATION (GROWTH POTENTIAL)<BR/>QTEL: 127% with 35% annual growth<BR/>SAFCOM:30%<BR/><BR/>COMPETITION:<BR/>QTEL:None at the moment. Vodaphone will enter the market in 2008.<BR/><BR/>SAFCOM: Telkom, Zain, Econet and wireless providers.<BR/><BR/>MACRO INDICATORS<BR/>QATAR and Luxembourg are the wealthiest countries in the entire WORLD. Yes - far more richer than the USA. <BR/><BR/>KENYA is one of the poorest countries in the world.<BR/><BR/>My personal conclusion (not a recommendation): even 100/= for safcom is peanuts considering the growth potential.Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-39808390440938953802008-06-18T08:26:00.000+03:002008-06-18T08:26:00.000+03:00"Zambian nationals and employees of Celtel Zambia ..."Zambian nationals and employees of Celtel Zambia received full allocation"<BR/> thats from the business daily of today. some one made a joke of us kenyans with safaricom.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-25930459097441833582008-06-17T20:37:00.000+03:002008-06-17T20:37:00.000+03:00Tomorrow we break the 8 bob psychological barrier....Tomorrow we break the 8 bob psychological barrier...<BR/><BR/>Next cap is 10/= to be broken next week.<BR/><BR/>So far so good. Foreign investors are flippng the stock to lock in profits (40% return is spectatuclar for these people since they are used to settling for 4-6% returns).<BR/><BR/>We kenyans know about 200-300% retursns so we are not selling. <BR/><BR/>We also know Kenyans could have bought all the 10billion shares - which means there's no adverse effect if all the foreign investors sell at the current throwaway prices!<BR/><BR/>Lets see who will be laughng loudest when the stock hits 100/= in 2012.Anonymousnoreply@blogger.com