Three weeks after Safaricom’s share price dipped into the 3 shilling range, the share is on the verge of tumbling into the 2/’s [$0.025] – down from the IPO of 5/= and brief high of 8/=.
What are others saying?
Coldtusker points to some deals that can be cut cheaply with NSE shares.
KCIG states that a bear market should be no big deal for serious investors.
Analysts are still producing reports on NSE shares to buy (Access Kenya). What about when to sell?
Everyone’s doing it, so throw more stones at D&B – Dyer & Bair who structured the Safaricom IPO.
Could be worse: Liquid Trader gives insights on the SA economy that are not easy to decipher by watching CNBC.
Another IPO you say? Co-Op Bank opens tomorrow. No prospectus out yet, but here’s another PDF from the Bank MD.
Looking for work? here’s a great new local Kenya job blog.