ARM's almost "instant death" (since I got in 1 month before it was put into a coma) seems far more preferable than the death by a 1000 cuts experienced in Mumias, KQ, Deacons, HAFR, etc!
The end result seems to be the same!
In the meantime, I await a dividend from KK - a core investment
Centum (Tier 2) will also pay a dividend soon.
Times are tough for my firms and I will have to dig deep.
KK - VAT & economic malaise
I&M - Malaise in the banking sector. I expect some weak banks to go under by 2020.
KenRe - Tough economy and competition. It should load up on cheap stocks and see the benefits in the future!
Unga - Slow economy. Competition. Increased costs including VAT
Centum - Slow economy and "dead" RE market
TPSEA - Large CAPEX, slow economy, how's tourism?
C&G - Slow economy, construction is slow
That said, if one can, buy into the well-mamanged (low-debt) firms at discounted prices.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett