@sparkly i agree totally with this analysis... Bamburi cannot match last years results due to the one off capital gains but i'm not sure about EAPC because the stock has a really low P/E and ARM is a perfect cement firm to hold...

As for the energy costs doesnt CFC forsee these falling next year due to reduced usage of thermal power????

ARM'sgrowth has been phenomenon in the last 10 years or so, but is nevertheless a small company.

Bamburi must be like 5 times bigger than ARM (i dont have the exact figures). Bamburi also has a 40% stake in EAPC.

ARM has a PE of 20 and a DY of 1.16% while Bamburi PE is 11.9 and DY 5.53%.

ARM is highly geared, loans and corporate bonds. Bamburi mostly equity.

If any of those companies has the ability to weather the so called "competition from cheap imports" that company IMO is Bamburi.

Once again the analysts have shown us why we should not rely on them.

The are clearly in love with GROWTH STOCKS.

@my 2 cents i agree. The special div is historical and obviously factored into the current price. Our mkt would not be that inefficient. CFC is convinced that only Bamburi will cede mkt share to mombasa cement, cemtech and the cheap imports, while ARM will grab more mkt share. IMO Bamburi has the resources to pull a Safaricom.

Reason why I love this stock is because they are soooo cash rich, almost no debt and costs are tightly controlled. And with all the construction craze right now, there is more than enough business for all the players.

i still feel BAMB will grow