guru267 wrote:@the deal you see how right I was about being in C&G and not CMC...
These guys affordable products are the way to go...
The stock is in for a massive rally but its too late to get in now so CONGRATULATIONS man...
@guru267
Might it be the right time to buy CMC now or we wait a little bit more. Business daily has some positive story on motor industry.
CMC Motors, on Tuesday said it has started selling India’s Eicher brands of buses and light heavy commercial trucks in Kenya after it signed a franchise deal with the Indian car dealer.
It has also acquired the MAN trucks franchise hoping to get a foothold in the lucrative heavy commercial market, a move that is expected to place it in a head-to-head battle with General Motors East Africa, which has successfully gained dominance in this market.
CMC, which saw its profit drop 24.6 per cent last year to Sh406 million, is betting on this market to boost earnings.
“We expect faster growth in sales this year driven by our increased focus in the light commercial trucks and heavy commercial vehicles,” said Martin Foster, the CEO of CMC Motors.
http://www.businessdaily...-/12m6fbez/-/index.html
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own