Carbacid which traded 307,000 shares yesterday traded 4.606m shares
worth 603.302m which was in fact 79.274% of the Entire Volume at the
Bourse today. The 2 Day Cumulative total shares traded is 4.913m
shares which equates to 14.458% of the Shareholding of the Company and
hence is quite material. Carbacid traded a 130.00-133.00 range and
closed 3.7% lower on the session at 130.00. Carbacid trades on a 14.36
Trailing PE but saw EPS ease to 4.03 versus 4.58 for the Previous
Equivalent 1st Half. Carbacid has posted a 2.00% return over 1 Year
but has retreated 7.14% in 2011.

Source: www.rich.co.ke

That spike in volume is quiet interesting.

Story also here http://contrarianinvesti...um-exiting-carbacid.html

They're trying to lock in on the profits before year end june. Their company report says that they continually and actively restructure their quoted equity portfolio. so its not such a big fuss. what worries me is the re-entry of pepsi, Sab millers and softa soda. Their entry into the real estate market when things are slowing down also worries me. Director's interest int the company and related companies is also of great concern.

Looks like everybody is going into real estate. Even the likes of kk, kenre. This sector might soon not be lucrative

At the end of the day, i do believe they did the right thing by selling of carbacid. Centum's much bigger than carbacid, which was not their most profitable venture.

i dnt have much respect for them either and i do agree that they came to the real Estate rave at 4 in the morning. They may have made a bubu with k.q but their exit of carbacid makes hell of alot sense to me.

Truth be told always snobbed centum till i learned that the ceo was 32 years of age, and i started reading up on it, but getting in is another issue. Ebu share more issues, blanders and maybe good plays theyve made.