I think its unwise to invest in gava firms long term. the shares look like the have value but gava always comes to spoil the party. unless there's a chance of gava reducing its stake to a non controlling level you are better off putting your cash elsewhere.
The reason the shares are undervalued is because of gava not putting shareholder wishes as a priority.
Kengen. it's several years since IPO, it's trading at below IPO price. has never split. if u went in long term you would be negative all these years later
kplc. rights at 19.50 3 yrs ago. now trading at 14.80. do I need to say more.
kq. and mumias and eapc same story.
take home: don't invest in gava long term. make you money get out and wait for the next depression.
the advantage is that we know there's a time they'll be dirt cheap and there's a time they'll rally. don't be left dancing when the music stops
The investor's chief problem - and even his worst enemy - is likely to be himself