Demand has been building up over the last few days although price has not changed much.

Could it be reacting to the relatively large EABL holding that KenRe has?

Where is Mwarania? He must be holding the record of the quietest CEOs of an NSE listed company that ever lived!

These are the some of the salient facts about Kenya Re.

As at 31.12.09,

1. NAV stood at Kshs 15.17;
2. EPS was at Kshs 2.21;
3. DPS - Kshs 0.50.

Sure it is a risk to buy KenRe at these prices given that Management appears rather weak and lacklustre and compulsory cessions will soon be coming to an end. In my view there is a very small chance of the price hitting 9.90 in the next 3 months.

With the above statistics, I think the downside is limited while 10-15% upside by early next year should not be too difficult to achieve.

If I could raise enough cheddar to buy about a million shares, I could become a price maker in the counter. Sadly I can't do it at the moment.

Jub is a better counter. Jub, has 17m shares in DTB. U do the math.

Agreed Bwana Horton. I have sang Jub's praises for a while now, and I do hold the counter.

However, note that I have always considered Jubilee to my store of value to cushion my portfolio in terms of adversity. My profits from speculative activities go there.

Price appreciation of Jubilee tends to be slow, no wonder it does not appeal to most guys. They just don't know what they are missing.

In the meantime, I am trying to get some debate on the "sick man of the NSE" in the name of Kenya Re. Sometimes you can make money from such sicklings!!!

Hmmm..makes sense. I'm also trying to buy as many Jub as I can before the results are announced. Good luck with KNRE...