according to today's trading (16-04-2010), shares worth more than half a billion ksh have changed hands, 99.78% of the seller/s being foreigners. Who has the 411 of what's happening?

I think the share has hit a very strong resistance point of 200.Also the issue of competition by increased capacity of portland and new entrants mombasa cement which have lower priced cement have started to visibly put pressure on their sales.

But their balance sheet compared to its peers is so rosy,awash with cash and considering the low P/E of 10 plus the fact that the cement industry as a whole is expected to grow by over 10%...this is a no brainer I have picked chunks at 185 and 187...I expect a bonanza with this one.

Notice that the shares did not lenga on the market but were picked up asap... Shows the quality of the firm...

@jaguar shows that this was a deal already done BEFORE the shares even showed up on the Board...