Ericsson wrote:VituVingiSana wrote:nashx wrote:This counter requires activist (s) investors who can "encourage" the Board and management to perform actions that see shareholder value in NSE unlocked. Should be trading at around 38!!! I remember Unga used to behave like KENRE
GoK owns 60%. Mta-do?
Kengen is 70% GOK but is behaving differently.
Just needs a change of the board and a substantive MD who will put shareholders interest first.
True but which GoK controlled entity has a board and MD whose interests are aligned with the shareholders?
I made KenRe my one exception and was rewarded with a ngoto! [I hope KenGen stays "clean" but it needed a bailout and there have been stories of massive corruption]
https://www.nation.co.ke...3436-jmsmnnz/index.html and
https://www.standardmedi...-return-to-haunt-kengen
Anyway, fingers crossed that #BringBackMwarania works or a reputed CEO with a good track record in reinsurance is competitively appointed. And Kemei leaves but if wishes were horses...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett