If you are a speculator....total not a good stock. If you are in it for the dividend then it is the stock to buy.

Th chevron aka caltex acquisitions should begin to generate positive Cf's and earnings this year. All in all a good stock to have in your portfolio.

Politics harm markets... coz most politics are bad for business...

A price-setting committee dominated/controlled by politicians will ALWAYS play to the lowest common denominator...

- moi used to race-bait everything. It was always the 'foreigners', UK, USA, Wazungu, Wahindi... never the policies, his sons, biwott, kulei... Do you remember the uneducated kotut? Ama scams like goldenberg?

- ndegwas used influence to buy out insurance firms getting 'favored' forex allocations from CBK...

- waruru kanja & kamotho used to facilitate licenses for imports for a kickback...

Note all the above were cause these 'committees' were CONTROLLED by politicians & their sidekicks! We paid the price by paying 'more' on the black market (under the table) for oil, milk, etc.

I remember my mzee used to go looking for petrol before a safari for work. Had to carry it (very dangerous) in the car. We used to keep jerricans of fuel at home (v. risky) for emergencies.

@the deal.....you stirred up the hornest's nest.

@vvs..... well said. The pitfalls of controls given our history.

@youcant no i didnt...the preference shares spooked me out....i went for Ugali instead....

How is the cat doing? Did you get a name for him or her yet?;-)