market irrationality staring at you. what will you do ???

cant agree more. We r staring at Great picks. really spoilt for choice!

Commentary

Impressive numbers from Housing Finance, my only worry is the cost to income ratio which now stand at 66.6%, which i think is the highest in the financial sector, management need to do more in cutting those costs, also contribution of non interest income to total operating income is paltry but going forward i believe Housing finance will do well, they are set to launch a new innovative product where home owners will be required to pay fixed interest on their mortgage for 5 years, i think the product is a game changer and will revolutionize the Kenyan housing sector which is characterized by low penetrations, at a trailing PE of 10 i rate the stock a BUY if one factors in the growth momentum

Read more here http://www.contrarianinv...1-earnings-analysis.html

I am wondering how come there are no much changes in the price today. It has only risen by 50cts today.

Good result but the market no longer responds to the results. If you are in the share long term, no worries. The fundamentals are improving but you have to be patient on the share price. It may take some (long) time before it moves back up. Hope you have the stomach for it.