youcan'tstopusnow wrote:"...with Standard Investment Bank, the only brokerage firm covering the petroleum retail business in Kenya"
"...the oil retail business has been performing so poorly that few research departments of investment banks bother to cover it"
???????????????
What a load of bullshit!
1) Kestrel covers KEKE as do others (like NIC & Tsavo) considering KEKE is one of the larger firms on the NSE
2) KEKE has done so much better than many other firms in Kenya on many metrics including ROE, PAT, EPS growth, etc
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett