Re-insurance business is one of the difficult areas to give a valuation so the low P/E should not be the only reason to invest. Most insurance companies don't even invest so much into Kenya Re. East Africa Re has been in this business and its profits are nothing to write home about.

Isn't one of KRE's main income avenues about to be opened up to the market in 2011/12?

Down to 13 bob as at 9.45pm.

Damn this share.. anyway as a long term investor, the small flactuations in price shouldn't matter that much.

Its was about time for the management to be changed, court or no court.

I will wait for the share to stabilize after one week then make a decision. Let the market absorb the bad news.

Hahaha tumeungua! Lakini @Muks al also do that let the market take in the shock and do what they want to this stock and once it stabilizes i think al make my choice. Cant imagine this na vile i cashed out of berger @27 bob, Sameer @5.2, kq @20.look at them all now..bt no grudges..jst kno where to put my money next tym.u kno it makes me wonder about, am nt rili into conspiracy theories bt, the article of it being at atleast 20 bob this year,was sm1 jst tryin 2 create hype so that they exit..just lyk mumias,is sm1 tryin 2 create fear (delisting vibe) so that they enter?hehehe..bt ol in our stride au sio?

@mkimwa IMHO it is not viable to hold this stock for the long term.. its insurance... you might as well be holding an agricultural because of the profits and if you are a warren buffet junkie like i am you'll know these things burn investors left right and centre all around the world... who knows where the next big claim will come from...

i just cant wait to see the price action when iformation starts reaching shareholders...