although kengen annouced a dividend of .90,which is quite fair!,,
last yr being .80,,
the price is also quite favorable at 17sh

why isnt the demand for the share rising (y isnt the price rising)???..

@virji..... Reason its not bein bought is a good pointer that very many investors do not share ur thinkin. Whose thinkin do u think is wrong here?

' I have heard of You,o Lord. Now mine eyes have seen thee!! Baal-Perazim.. The Lord of the Breakthrough!!'

After all,we were not surprised by the strange move in East African Portland Cement's price a couple of weeks back. I totally agree with Eddie's analysis..

Of course Kengen will recover just as EAPC did. Its not a fundamentals market this NSE.


beware the irrational exuberance on the NSE

@xxxxx

am not too sure you understood what eddie is talking about.......if you did,you'd see that his argument explains why the share price isn't rising despite profits (caused by defered tax)

you can't compare the case of E.A. portland and kengen ; E.A. portland made a loss on revaluation on loans,this is just an adjustment in the books. their perfomance was good if you disregad this adjustment;the only reason that share price dipped that much was because some uninformed investor sold after seeing a loss figure;and that is why it also gained that fast(coz someone else understands his books). however kengen's perfomance was poor,the only reason they made a profit was due to the defered tax. this Nse my friend is a market of fundamentals.well....at least most of the time.

As an investor,other things to really analyse should be cashflow (for dividends) and gearing (room for growth) as they affect the 2 most important elements for a shareholder.

Is there something like a moneyday

Now going to sh 9!
Is the current prevailing climatic conditions a factor?

All that glitters is not gold

Do u remember that the institution got a meagre 6431 shares when ipo was launched & do u recall how much interest generated this ipo & since this was a blue chip stock,the biggest disappointment came to big institutions .

The market all over the world is dominated by institutional investors who spent huge amount of money doing indepth research appointing well qualified executives to move the institution with a aim & projections .

The retail segment is always a scape goat in the market who cant dictate but only to absorb what market offers,Its not a socialism but purely capitalism & you should understand this before you invest .

We are already 4 years old since ipo came out & it may take many more years . A gud example was mumias to cite an example . I simply wonder what will be safaricom likely to be for a case study .

I only advocate that 'Patience always Pays' . I dont know much on the trading patterns & its prices but iam a disciple of warren buffet - Buy & Hold .

We are individuals & we all think differently . A point of discussion can generate 100 different views .Whats Ur's !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!








Vinny