Aguytrying wrote:@VVS. Remind me of the 5 year period of dividend drought on this counter UNGA. What was happening, can it happen Again. I'm not clear on details but I know of the dividend drought
Of course, what happened earlier can happen again. Things change.
KCB was very profitable early on then it was (technically) bankrupt just a few years ago [Moi-era].
KQ was loss-making then profitable then loss-making.
Apple was almost bankrupt not so long ago.
TransCentury used to be profitable but now loss-making.
Uchumi was profitable, then almost died, was resurrected, then back to poverty.
Is there any other reason for Unga except the history 5 years ago?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett