GAF: Barely Exposed to Emerging Middle East and Africa [View article]
Hi Aly-Khan,
Thanks for this. Great to get feedback from an Africa investment guru! Sorry I missed you when I was last over in Kenya.
My only concern on Safaricom is the large stock overhang. Otherwise, totally agree with you.
Best regards,
Daniel
On May 13 09:34 AM Aly-Khan Satchu wrote:
> Dear Daniel, > > Good to see you again. > > I have to agree with your SSA prognosis, we are just beginning to > exit a VERY FAT TAIL. > > Re: This ETF It seems to me a common problem of ETFs in that what > is in them is frequently different to what Investors might expect > from the Sticker. > > Safaricom looks very cheap at 2.80 PE implied of 8 and the Cables > have landed just outside Fort Jesus in my home town of Mombasa.<br/>bring > the Communications unit price from a fancy $3500 to $100.00 per unit. > > > You can track level 1 prices in real time via rich.co.kerichlive.co.ke > for free. > > best wishes > Aly-Khan Satchu > rich.co.ke
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Latest | Highest ratedGAF: Barely Exposed to Emerging Middle East and Africa [View article]
Hi Aly-Khan,
Thanks for this. Great to get feedback from an Africa investment guru! Sorry I missed you when I was last over in Kenya.
My only concern on Safaricom is the large stock overhang. Otherwise, totally agree with you.
Best regards,
Daniel
On May 13 09:34 AM Aly-Khan Satchu wrote:
> Dear Daniel,
>
> Good to see you again.
>
> I have to agree with your SSA prognosis, we are just beginning to
> exit a VERY FAT TAIL.
>
> Re: This ETF It seems to me a common problem of ETFs in that what
> is in them is frequently different to what Investors might expect
> from the Sticker.
>
> Safaricom looks very cheap at 2.80 PE implied of 8 and the Cables
> have landed just outside Fort Jesus in my home town of Mombasa.<br/>bring
> the Communications unit price from a fancy $3500 to $100.00 per unit.
>
>
> You can track level 1 prices in real time via rich.co.ke richlive.co.ke
> for free.
>
> best wishes
> Aly-Khan Satchu
> rich.co.ke