Very true indeed. We have been raised to not challenge the status quo. Anyway, my 2 stocks tho not for life but for the long-term until the environment changes 1. Safcom - Because the world now revolves around big data and 2. EABL

When an opportunity for an acquisition presents itself jump for the opportunity.
There is no free thing in this world;even in the west the local companies are given preferential treatment compared to foreign owned.

This is practical written wise ,but on the ground just to let you know the west Will never allow this to happen.kwani where do you think they will sell their finished product if you depend on each other.should someone try that sinister move they will slap you with bans and trade embargos. Ask Gaddafi.he tried to make sure that Africa depends on herself ...they got rid of him very fast. We need people like Tom Sankara and the pan African leaders .

Let's be realistic. Kenyan banks are not in SS to invest for the long-term. If you look at the DETAILED information in the SS operations of KCB & Equity, the large profit lines are TRANSACTION fees and FOREIGN EXCHANGE GAINS.

As for the SS oil... Kenya offered a 'path' for SS through Kenya with SS funding the pipeline but they decided to continue using Sudan. An oil pipeline is not a bandia pipe that a bandia plumber can put up. Plus someone has to fund it and SS should have done so but they did not.

Bottomline: Africans don't want to help Africans. It's the reality.

Northern Tanzania is better served by Kenya for many of its goods eg petroleum but... And instead of cooperating with Kenyans, the Tanzanians hate us. It's almost the same in West Africa where most countries hate Nigeria's guts instead of exporting food to Nigeria [which imports basic commodities].

@VituVingiSana
If for you to make money in the NSE you have to wait for a firm to be taken over then u need to sharpen your skills of investing.
I bought CIC and in less than 16 months the price had already doubled;there was no takeover of the huge premium you are referring to.
Co-op doubled in a year.

As a start annual reports of any company you have invest on or plan to invest in;take time to go through and read.
business daily .
The quality of business news on our media and local TV stations is wanting;and I repeat totally wanting.
What you see on the likes of CNBC looks like a professor and a lower primary kid on a platform.
The likes of CNBC,Bloomberg,CCTV have offices and representatives in Kenya to scout for them news that they relay back to investors in their home countries.The news would help them in making wise decisions when investing here and therefore maximise the gain/profit they will make.

@VituVingiSana
I can't argue with you;you think things work perfectly in this world;that is textbook.
What did equity acquire in Rwanda read keenly before replying with emotions.
Did I say Equity acquired anything in Rwanda? PLEASE do not misrepresent what I said. Heshimu.
Did you read this comment before replying
"When an opportunity for an acquisition presents itself jump for the opportunity."

Was this comment posted BEFORE or AFTER the post I replied to?
The post came before you replied yours.
Regardless, I agree with the comment. If there is an opportunity presents itself at a good price. Jump at it. I like KK at 8. I don't care who [mzungu, mwafrika, mhindi] is selling. And when the right buyer [aka price] comes to buy me out, I will only look for BLACK in my bank account.

The stake Kenya Re has in Africa Re is inconsequential and not something to write about. [It's a start. Sometimes, one buys a few shares then buys more]. So why did KenyaRe buy shares in AfricaRe
Kenya Re bought the stake when it was 100% government and when Africa Re was being setup by member states.All countries that had a national re insurer chipped in some money.

If you are tired of your Kenya Re shares put them in the NSE platform where you bought them not these useless foreigners you keep praising them.
I am happy with my KenRe at 22. I want to buy more. Nevertheless, if ANYONE (including you) made me an offer (To paraphrase Don Corleone: Make me an offer I cannot refuse) that I cannot refuse...

"the problem with an african is that he has taught himself that he can't do anything only the white skin can."

Bullshit. This has NOTHING to do with race/creed/color/religion but investing. I invest on the NSE to make money not as a social cause. I don't care if the Germans, Arabs, Chinese, Indians, Brazilians, South Africans or Nigerians offer me a (hefty) premium as long as I get paid in good legal tender.

For equity bank I have my own reservations. I have no idea what you mean. Please elaborate.
Equity bank owns no assets not any building ,ATM etc.

@Enyands
In the beginning of 2012 Co-op was at 12.I bought the share at that price.
During the announcement of full year results they issued a dividend and bonus of 1:5.At the end of the 1 year period the counter was trading at 20 inclusive of the bonus.
Do the maths and tell me whether it's not a doubling.

I am trying without success to post a graph from myStocks for DTB vs Coop vs Equity vs Centum from 2 Jan 2012 to 18 Dec 2015 .

At various times I have held all 4 in my portfolio but Centum has done the best followed by Equity then DTB. Coop is lagging the field during this timeframe.

As @enyands says, there have been some spectacular gains for DTB during this time frame + a cheap Rights Issue to give it some kick!

https://live.mystocks.co...ty,icdc;corp;w=628;lgnd

From 2 Jan 2012 to 31 Dec 2012

https://live.mystocks.co...ty,icdc;corp;w=628;lgnd

DTB & Equity beat out Coop. Centum trails Coop.