dunkang wrote:Eeeeh, wazuanas, kwani whats going on in here? Anything i missed? That fall can't be becoz of the bear, is it?
- GOK policies for the future see it spending more rather than saving and pleasing share holders.
Power transmission losses can be stubborn to curb sometimes requiring a complete overhaul which means more money spent.
- The mediocre performance announced recently was the straw that broke the investor's back. The growth in profit and customer numbers was marginal in my opinion and is expected to remain marginal in the future.
So yes, peeps are dumping this thing like they just found out its got the herp.
But, like the herp, it won't kill you. If one can stomach slow consistent growth over a long period of time, then this share is good, especially at the PE mentioned in a post above.