could he be having inside info?

@guru267 and govmusili. If you are anticipating a bonus to maintain or push the current price, then I would advice you to sell while there are still takers.

Please note that Unga issued a bonus in 2008, so the chances of another (while I can't rule it out) are not high. I however expect that there will be a dividend after the noise we made at last year's AGM. I do not expect it to be much - probably in the range of Kshs 0.50 per share. Those Directors are extremely stingy!

Unga is a speculative share that is however shunned by most speculators because of its illiquidity. One buyer or seller is able to easily influence how it trades. I only hold the counter with the hope that one day it shall demonstrate its real value - close to its NAV of Kshs 28.62 of which Kshs 4.77 was cash or near cash attributable to shareholders as at 30.06.09. In the SHORT RUN I would not be surprised to see its price tank once the high expectations are NOT met.

Did I speak too soon? But there's still a healthy supply below that price

I think it would actually be nice if the counter were to fall prior to the announcement. That way there will be no more room for for it to fall further at that point. Results should be OK incidentally but expectations being what they are let the stock fall if it must!

Bought some Unga today - real market! I put my money where my mouth is...

I was steadfast about KK... and I will reap what I sowed!