Because of the strong perception of a Kiuk association, Equity always seems to suffer when we have national elections or referendum.
I suspect that this time it might be no different and hence looks a good time for one to sell at after the August 4th

I don't know why people think of Equity as a "kiuk" bank.
When Kisumu was up in flames in 2008, Ukwala was razed to the ground.
If what you are suggesting was true, Equity would have also been targeted. Notice that when Raila was telling ODM supporters to boycott some products such as Brookside, Equity was left out. Hata yeye ako na account huko.
But Equity is a bank for everyone, Wajaluo, Wakamba, Wataita, Wakisii, Wameru, na makabila zote.
Equity are always ahead of the pack and they always seem to have an ace up their sleeves.
You might sell and they make an announcement next week which would boost their share price. Plus they will make around 40% increase in half-year pre-tax profit.
Plus Waithaka, I know you as a fundamentalist, and in this case the fundamentals have not changed. If it goes does to sub 20, it should be an opportunity to add some more.
A final question: Where do you see Equity in 5 years? I know it's not right, but I can't resist resist answering the question myself, "Market leader in the banking sector in almost all spheres"

I have tweaked it to read "perception". NSE like other markets, but maybe moreso gets moved by perception i.e. emotions.
Yes, I am a fundmantalist, but I've learned (the hard way), never to ignore this intangible factor.

The good thing about the bourse is you reserve the right to pick what you like and leave out or sell off/dump what you don't want or are uncomfortable with. When I have slight discomfort with a particular counter in my portfolio I sell and move on.

yekeyeke- it seems you don't have to try hard to a emit a brainfart.
First of all, I am kiuk (and pride to be thank you very much) so the question of being a kiuk-hater arise.
And I called it perception. Perception-idiot