Cables pretax profit down from 172 million to 84.67M down 51%.

KCB pretax up 10% from 1.73Billion to 1.9Billion.

Financials seem to be the spot for 2010

In an improving economy,a drop of 50% is gross.

KCB is still in expansion mode...is it not what they're holding this rights thing for???

Besides AccessKenya, the only counters that have posted negative returns at the Nairobi bourse for the last 3 months are BOC Kenya (9.4 per cent), East Africa Cables (8.5 per cent) and Marshals (16.7 per cent) among the 55 listed firms.
Looks like general sentiment for the market is extremely positive.
If you invest in the market now and end up negative by year end, kuna shida.

@GG, just cut your losses on Access,you can make up for the losses elsewhere,that is a sinking ship.

GG, before you make any decision on AK remember that it is still the top dog in Corporates. And the reduction in profitability is as a result of massive investment in the cables. They spent 1 billion in investment last year and are "only" expected to spend a quarter of that this year.
AK has consistently exceeded its targets for "Accces@home".
Safaricom is not perfect. It has problem with its network in certain areas. I am convinced it will record better results this year. I also have some copped a 21.50 and I will hold.
Maybe we might get acquired by a bigger tech company(the stuff dreams are made of!)

I also see an acquisition soon. My problem now is determining a good entry price..

@GG waaaa very risky portifolio. What else do you have? Access and cables are causing me enough discomfort