Thanks guys for your advice so far, My preference for banks is because big brother(Central bank) is watching, Will organise to diversify abit with your advice in mind, am thinking KPLC & the agriculturals, had thought about, of Centum which happens to be the financials am to diversify from. But I consider it to be planting time so intend to pump in more cash while balancing the same with other issues like real estate.

That's not true. I am one of the tea stocks enthusiasts. This does not however mean that it is to the exclusion of bank stocks. My investment in bank stocks for example is more than 10 times what I have in Agriculturals. For mainstream investors, financials are still the place to be, but I can't help smiling when I look at the performance of WTK over the last couple of years. And of course there is the "real estate" angle to think of.

As for banks, my preferences remain KCB, Equity & Coop. All these tend to fluctuate so buy them on the dips. HF is also one to watch.

To the value investor, the insurance stocks may also have some appeal.

E.g?

Wazua never seems to amaze me. when KQ was at 32 no one seemed to shout buy! now at 37?

@Merchant I'm here to issue a caveat emptor... I was wrong about Kakuzi in terms of future capital gains and further research I've done has proved that kakuzi is going to have a rough time in 2011...

1. The disruption from Egypt in feb/march might impact their sales
2. The persistent drought will not do them any favours
3. They are very diversified into avocado biz that few of us understand
4. Kapchorua and WTK present a better opportunity on the dividend, P/E, and NAV aspects

The above are the reason i activated a stop loss at 75 and sold out of the counter. Good luck to ya