It's seen worse. Remember when it was 3/-?

And here comes the time to buy out all the Wanjkus and Nekesas at discount prices ......

Mumias has been trading at a historical PE of less than 4 with a historical dividend yield of more than 10% since last week.

Now, I know that in a bear market, prices can fall to insane levels, so it's always a possibility that it can fall further. However, at these levels, I figure that as long as the company's performance does not fall off a cliff, the current price is really good. I have therefore been accumulating with increasing levels as the price dips. My aim is to build up my stake to an excess of a 7 figure shareholding and this last week afforded me a good chance to get towards my goal, although I still stand ready to add more.

Should the share make a reasonable price appreciation - 10-15% net above my recent purchases of 4.50 & 4.55, I will on the other hand consider taking my profits and wait for the next wave down where I can accumulate even more. As it is, today, I could have made a gross 10% on what I bought at 4.50. Either way the price goes, I am happy.

Capitulation... At this rate i might sell my family to buy shares! ... The prices are dirt cheap and going lower.

Last time prices were like this i made 40% to my portifolio, and i didn't catch the market anywhere near the bottom.

I dare say it, you can take a SACCO loan and make a tidy profit in the next one year.