BGL wrote:This is one stock which the market has decided to punish. It closed the year at Ksh 20.25 and six months later it has made 0.0% gains. I thought by venturing into the fibre-optic manufacturing plus their regional expansion would excite the market.
Back to the Technical analysts, which direction will this stock take in the short term.
Before you conclude the market has 'punished' EA Cables...
1) What is the EPS for 2009 thus we can calculate historical PER
2) What is the 'projected' EPS?
3) What is NAV without 'goodwill'?
4) How is the management/new CEO? [Mugo Kibati quit]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett