When the Safaricom IPO came, I was one of those very pessimistic people who were not willing to dive in and I advised all my friends not to. I am glad that I have that trait because, now that I want to jump in with the little funds that I have, I will get it for way less than the IPO price of less than KES.4.00. It does not get better than that and by good fortune, I am able to jump in when the whole world is jumping out!
You think the West is going through a recession? You have not spoken to Kenyan investors who are pulling their hair out. Me, without shame, I am celebrating because I am able to dive in at this perfect moment!