I am still biding my time on this one. To imagine that shortly after the profit warning, I was able to exit between 12.50 to 13.00 and I had tons of the stuff; and today at Kshs 9.00!!! The market has a way of driving a counter down to the right price after a company makes such huge losses. It may take a while, but it eventually gets there. I am beginning to think there's not too much downside from here.

10 bob in the next few days, POSSIBLY; Parabolic Rally - NOT in the next couple of months. I am assuming parabolic means getting back to Pre-Profit warning levels.

At the moment, I cannot see any triggers to push the price up rapidly. Either we get some good results announcement, a new suitor or a positive change in the operating environment.

I am therefore content to buy at 9.00 or sub 9.00 if it ever gets there. On this one, patience will most likely be a virtue. If it does not get back to 9.00 or below, I will happily buy it at 10 when the factors I have mentioned above change.

Alot of folks are exiting at the bottom...so when good news kicks in sellers will be few hence a parabolic rally...as a rule always watch volumes after a strong downward/uptrend...it always marks the beginning or end of a trend....the volumes today & demand build up confirms that 9 bob is a sweet spot for many people...from my analysis H1 2013 should be stellar!

Good to note that JIS has stock options of 20million shares in KK...if the KK stock at the NSE continues to tank he might not be able to exercise them...although I dont know the strike price, options can go underwater if a stock tanks...that will be a huge loss to JIS...i'm sure that's his retirement plan.