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Is bamburi a good short term play? (<1 year)
deadpoet
#1 Posted : Sunday, October 31, 2021 3:19:50 PM
Rank: Member


Joined: 9/27/2006
Posts: 496
Pros:
- Construction projects pushing cement consumption to all-time highs
- Low stock price at the moment

Cons:
- Competition
- High input prices (half-year 2021 was positive, but gross margin is terrible)
- Elections

With the above in mind, would bamburi be good for a dividend play (say 3bob, equating to 8-10% dividend yield), or capital appreciation (around 50ish after full-year results? I don't think it will reach its previous highs of 180).
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