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22 Pages«<202122
Safaricom 2019/2020
Ericsson
#421 Posted : Wednesday, October 07, 2020 5:20:23 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
https://www.ericsson.com...its-4g-network-in-kenya

The data race is getting hot
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#422 Posted : Thursday, October 08, 2020 9:25:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
obiero wrote:
Ericsson wrote:
100 million shares traded today.
The downward journey begins.

Inevitable


Share price behaviour post half year results release is what to watch out for.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#423 Posted : Thursday, October 08, 2020 10:29:03 AM
Rank: Elder


Joined: 6/23/2009
Posts: 12,842
Location: nairobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
100 million shares traded today.
The downward journey begins.

Inevitable


Share price behaviour post half year results release is what to watch out for.

There's literally no company that hasn't been affected negatively by C19
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
Angelica _ann
#424 Posted : Thursday, October 08, 2020 10:36:34 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,709
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
100 million shares traded today.
The downward journey begins.

Inevitable


Share price behaviour post half year results release is what to watch out for.

There's literally no company that hasn't been affected negatively by C19


BAT smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
murchr
#425 Posted : Thursday, October 08, 2020 4:02:40 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,812
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
100 million shares traded today.
The downward journey begins.

Inevitable


Share price behaviour post half year results release is what to watch out for.

There's literally no company that hasn't been affected negatively by C19



Has this downward trend happened? Technology stocks around the world are the least affected by C19. If you think Safaricom just sells airtime, then you are still stuck in 2002
"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
.
Ericsson
#426 Posted : Friday, October 09, 2020 2:16:52 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
Safaricom overtakes Zuku to take pole position in the residential internet business.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#427 Posted : Friday, October 09, 2020 5:00:18 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,842
Location: nairobi
murchr wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
100 million shares traded today.
The downward journey begins.

Inevitable


Share price behaviour post half year results release is what to watch out for.

There's literally no company that hasn't been affected negatively by C19



Has this downward trend happened? Technology stocks around the world are the least affected by C19. If you think Safaricom just sells airtime, then you are still stuck in 2002

Sasa nani ameongea kuhusu airtime hapa
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
obiero
#428 Posted : Friday, October 09, 2020 5:01:54 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,842
Location: nairobi
Angelica _ann wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
100 million shares traded today.
The downward journey begins.

Inevitable


Share price behaviour post half year results release is what to watch out for.

There's literally no company that hasn't been affected negatively by C19


BAT smile

The revenue must have dipped for sure.. Await the results
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
Ericsson
#429 Posted : Sunday, October 11, 2020 8:39:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
https://www.standardmedi...e-signals-traders-income
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kmucheke
#430 Posted : Monday, October 12, 2020 2:20:57 PM
Rank: Member


Joined: 3/16/2019
Posts: 199
Ericsson wrote:
https://www.standardmedia.co.ke/rift-valley/article/2001389529/new-mast-boosts-phone-signals-traders-income


This is a project with a very positive impact.

Hope GoK technocrats can learn from these and invest in such projects.
Ericsson
#431 Posted : Wednesday, October 14, 2020 9:39:21 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
Half year 2020/21 results announcement is on 9 November 2020
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kmucheke
#432 Posted : Thursday, October 15, 2020 11:28:12 AM
Rank: Member


Joined: 3/16/2019
Posts: 199
Ericsson
#433 Posted : Wednesday, October 21, 2020 11:11:51 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
https://www.businessdail...tions-jump-99pc-2482364

Safaricom business fiber connections jump 99%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#434 Posted : Friday, October 23, 2020 9:28:27 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
https://businesstoday.co...rope-in-kenyan-viewers/

Netflix eyes Mpesa to rope in Kenyan viewers
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#435 Posted : Saturday, October 24, 2020 3:58:25 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
https://kenyanwallstreet...it-at-ksh-78-7-billion/

Citi Research forecasts that giant telco firm, Safaricom, net profit will to rise from KSh 74.7 Billion posted in the year ended March 31st, 2020 to KSh 78.7 Billion in 2023.

According to an analysis by Citi Research, part of the Citigroup Global Markets Limited, Safaricom is a growth story with earnings driven by M-Pesa and data revenue growth.

“We are optimistic in our outlook for M-Pesa growth, and see merchant payments and digitalization of trade as opportunities ahead.

Competition should remain elevated going into the 2021/22 financial years; however, we see this as a source of short-term pressure on growth, in the longer term we see the case for competition to be rational,” said Citi Research.

Analysis from Citi also projects that Safaricom’s Net Profit for the financial year ended 31st March, 2021 will decline to KSh 54.1 Billion before picking up again to KSh 74.22 Billion in 2022.

A slump in Safaricom net profit for the financial year ended 31st March 2021 is attributed to action taken by the Central Bank of Kenya (CBK) to waiver transaction fees for several mobile cash services, as a cushion against effects of coronavirus pandemic on firms and households.

Tracking data published by the Central Bank of Kenya (CBK), Communication Authority of Kenya and two publicly listed banks, KCB and Equity, Citi says the volume of digital loans has declined, hurting revenues of banks and telcos.

“The number of digital loans declined in Q2,2020, based on data from KCB, which is one of Safaricom partners in micro lending i.e. KCB M-Pesa and Fuliza overdrafts. KCB also reported an increase in rollover requests and NPLs,” said Citi Research.

Waiver of fees on transactions below KSh 1,000 has also denied telcos, including Safaricom, revenue from mobile cash transfers.

Citi research shows a fall in average value of person to person(P2P) transactions to KSh 1,300 from KSh1500 quarter on quarter. The trend is likely to have been driven by the tendency of wallet users to break down transactions to below the chargeable threshold of KSh1,000.

Value Point of Sale (PoS) transactions also declined in Q2,2020, which Citi thinks is a reflection of limited working hours of formal trade as a result of night curfews and earlier travel restrictions.

Growth in agency transactions, which include deposits and withdrawals, declined through to June 2020.

Growth tends to correlate with Purchase Managers Index (PMI) data, which points to a contraction of the economy that has seen a decline in demand, production and temporary and or permanent cost optimization between January and July 2020.

“Decline in agency transactions appears to have been driven by a decline in cash withdrawals. Mobile money deposits grew 4% quarter on quarter in Q2,2020, which points to mobilization of cash into wallets.

Cash withdrawals, based on the data reported by financial institutions, declined through 1H20/ 2Q20,” said Citi. In its outlook, Citi outlines several risks that Safaricom faces. These include intense competition as regulators support smaller players.

If agent (float) interoperability is considered at some point in future, this could undermine the competitive advantage of M-Pesa.

Safaricom could also experience faster-than-expected pressure on its voice revenue as data usage picks up, and smartphone penetration rises. Other risks include entry of international payment platforms, which could use pricing as a way to gain market share, shaking the tree on which Safaricom is perched.

Citi analysts have recommended a buy for Safaricom shares, which it has set a target price of KSh 33.1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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