hi all,

i have been watching this stock for a while now and what is coming out clearly is that it should have collapsed a long time ago but apparently it has not...

what has prevented it from collapsing?

had the stock been overvalued too way above its true value and as such is correcting itself to the book value? has anyone ever computed the intrinsic value of this stock..?

at ksh 1.80 is it not fair for CMA to declare the stock a failure and hence suspend it from trading in the NSE until the prevailing circumstances improve...?

lastly who has been buying and selling this stock???..seriously!!!

Are you serious?
Why would you be watching neveready?

When is their next mbuzi? We can merge it with the Wazua mbuzi. You know, to help them cut on costs.

Anyway, it should not be delisted, just yet. Personally, I'd like to see a share trade at below 1/=

I am a fala so please explain to me like 12 year old what exactly do you want/expect CMA to do?
How do you declare it a failure?

The individual components of the assets of this business are worth more than the whole business itself...

Thats a perfect indicator to discontinue operations and sell assets individually.. So I believe a delisting is in order sooner rather than later!!!

Those days, the only way was up! I flinch whenever I recall an acquisition I made. I grabbed quite a number at I think 12.....I jumped out slightly higher sweating like Murungaru.