Hang on till 1st or 2nd week of June,but nothing super.

Limit is 4 months

www.mjengakenya.blogspot.com

The dividend was 20 cents last year.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

@MainaT

Yep,tiz a gamble. PE 17 being high coz of historically low Annual Earnings Per Share; latter being low coz of expensive debts and take-overs.

The gambiteering here is on the assumption that the debts have fallen n take-overs have stopped,n earnings from expansion,plus assumed increase in 2010 worldcup construction earnings. Now waiting for reality. May burn like I did from Mumias.

But this high risk gambit is limited in quantity and balanced by more rational holdings elsewhere. Also serves to satisfy risk appetite n silence the gut feeling - like mountaineering or rock climbing. Some peeps go to the casino. Am I the only irrational investor here or VituVingiSana tuko pamoja against the conventional currents on this one? Lol!

I suspect the quintessential analyst would not approve of my voodoo-nomics.

When buying shares,ask yourself,would you buy the whole company?

@MainaT

Fie! I must hie myself to the broker! Be it too late? But alas,this gnawing gut feeling. Mumias hath killed me once,shall I embrace her once more? Asi!

For it is better for a man like thee to lose thine socks,than to lose thine shoes as well. Wololo yahye. nimepasua.


When buying shares,ask yourself,would you buy the whole company?