Wednesday, July 9, 2008

The giant in Safari-com

Safaricom finally breached the KSh7 psychological barrier last week and with supply at almost 6 to 1 against demand, the bottom is not yet been reached so I continue to watch from the sidelines. However, if it does reach below Ksh6, then I must strike come what may. This is to do with Kimunya's exit as well as small investors panicking. So, do you think the big guys are waiting and hovering around like vultures waiting to make a kill after the price dipps enough? I believe all these fund managers wana meza mate tuu.

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