And the best results goes as; Mauritius to sell stake seized from Britam shareholder Now read all my comments on how I predicted how the Kenyan Blue eyed boys screwed down the Mauritians to toe the red line. Could someone have paid the bond for Rawat to make sure the stock remins in his friends strong hands? What could have been the price...15Kes bagain or they bring the stock under 10 Kes? We got it. Wairegi is a blessing and canny industrious chap!!!

So what's the big deal here? Is it time for bottoms up? ? Realtreaty? Mlennyma? and the rest?

POINT OF CORRECTION: Unrealized loss is a paper loss till the asset is sold is when it becomes material. Since EQUITY & HFCK have strong fundamentals albeit their current share prices terribly drowned by bear market does not mean a bad financial position.

You talked like a wise moran chief . been trying to pass that message to our brother Spikes but he doesn't get it .instead he becomes worse than before

@RealTreaty your argument is also a possibility. But do we need ordinary or special general meeting to ratify that move which was not the case? If the reserves were used to buy Dawood Rawat stake the subsequent bonus shares, if any, may have not material dilution to existing ownership. When management comes out strongly to issue a good news statement like using reserves to take up Dawood stake, bonus issue, expansionary plans and flat-like dividends expect a rocket rally. I can't imagine Wanjiko surviving the upward stampede of the titans as supply runs dry! However, using reserves by a company to buy its own stock is like a buyback. In Kenya company law on buyback was put on hold by AG. I think this is the hurdle that move opinionated by @RealTreaty faces.