It says Centum Foundation, so definitely not the company. I assume this is a CSR vehicle investing for a charitable course thus returns or lack thereof will not benefit shareholders; at least not directly.

Look at centum trading at 50 all the way from 39 when all people here were shouting negativity. my Faith in wazua remains subdued.let me sell half of it

I have sold some and made something whether this is what a skeleton is Iam happy

Mlennyma, as the saying goes, let your winners run. Centum is undervalued, not just by most wazuans, but by a lot of others as well. Run the numbers and you will see this stock still has a lot of room to run. As for being greedy, of course you should be greedy. Why are we investors? For the interesting conversations on this forum? No. To make money.

Disobeying gravity? No. It is a false premise. The wazuans arguing that the only way was/is down for Britam have been proven wrong over and over again. It is a solid company with good prospects, as I have said many times in that thread. This Munga investment news, that he is placing a huge bet on the future of the company, only reinforces my opinion that the stock will hit 18 this year. The problem with many wazuans is that they love to tear down, but they don't like to do analysis. They fail to recognize that Centum and Britam are building foundations that are solid, that will make them into dominant African companies. In Centum's case, they are building the capacity to develop projects that are unprecedented in East Africa. There is plenty of money here (and willing to come here), but not plenty of capacity. If Centum builds the latter, they will capture more than their share of the former. In Britam's case, their investment in IT and regional expansion, among other things, is putting them at the tip of the innovation sword for insurers in the region. South African and Nigerian companies dominate insurance in Africa presently, but I believe Britam will displace many of them as market leaders from Uganda to Malawi. Even marginal increases in insurance penetration rates in the region and/or underwriting efficiencies make Britam into a cash machine.

Now, wait for the haters to attack my post with comments on Kirubi, Mworia, Munga and Wairegi, with complaints that all Kenyans are thieves, etc., but never with numbers, never with valuations and never with substance. Let them. As they do so, I will be making money.