mlennyma wrote:Am very clear in my mind that this company is a giant in its own field and has goodwill of quality,of late it has received a beating not because its making loses but becoz profits dropped.given the expansion of the region i think its a stock worth looking seriously.any small +ve news will trigger a very serious rally,it rallied in 2007 to 650bob and their agresive marketing is about to bear fruit.ladies and gents am i talking to somebody?
EA cables was good, but the its intrinsic and economic value is dwindling. Because of cheaper imports from competition, losing its supply agreements with the electric companies. Maybe their turn around in the new telecom cables may salvage something for them. Am certain if competition like this continues, their moat that was eroded along time ago will even be eroded more. Here in Uganda, they are insignificant and in Tanzania, its worse. now when the kenyan sales deep, you had better not be a stockholder, cause its your nails that will suffer!