@all
normally i would never look at this counter due to the nature of its business and illiquidity but given the massive rally in other stocks that i also never look at for the same reasons eg(eagaads, kapchorua etc) i cant help but wonder whats in store for this counter...

its price has been relatively stagnant all through the NSE boom and bust for about five years but meanwhile its financials look sound to me... its price/book is 0.3 with a P/E of around 4.7

i wouldnt want to get caught with my pants down again.. does anyone out there know anything about this counter that can stop one from getting into it???

@ guru - haven't been in Kenya for some years, but when i was, I thought Unga products dominated the supermarkets.
My Q is what do you mean by 'due to the nature of its business'

I am slowly getting into Unga.

@guru - Very volatile earnings... Unga is not as politically savvy (read: does not bribe) as others like kibor.

kibor was ruto's buddy who bought maize on PAPER from NCPB. Then he sold (without even going to NCPB) to Mombasa Millers who sent their lorries to pick the maize up!

Of course, you & I could not get this maize but kibor could! Even Unga & Mombasa Millers could not access all the maize they wanted. Why? Coz ruto favored his friends...