23.25 at 1.55pm! 3.68 Million shares traded! What's (who's) stoking the fire at Equity? This train is now running on rocket fuel not coal.

What if you have JPY, EUR, and GBP in the mix; do you keep half of each in KES? If so, then you will end up being too KES heavy, won't you?

Now you must be a professor somewhere. You are very tough. I give up.

But for your last question, remember, if you have dollars and want to buy a car from Japan, you don't need to convert the dollars to Yen to pay for the same. Same case applies to Euros, pounds Peso, Lira, Yuan, dirham, and (What do you call the German currency?)Kwach?. So, unless you want to be funny, you don't need more than one foreign currency when hedging against foreign exchange.

Pole if I appear hash here but I never intended to be. I respect you very much as a veteran elder here. I still respect your opinions very much.

Foreign Currencies don't always move in the same direction [or at the same rate] against the shilling.

For that reason, you would be well advised to keep your FX in the currencies that you trade with most. Many Kenyans in the Imp/Ex business will keep USD and EUR accounts.

Still; my rationale for 1/3 was that I had already taken 14% earlier and I am still 45% in the green. Therefore 33% would round things off.

Eventually, I hope to recover the full investment in this stock and then close my eyes kabisa... iende juu, irudu chini; I won't have sleepless nights over it. At that point, I will probably keep it for two to three decades!!!

I've just been taking out the average %profit in cash and leaving the rest...

@mukiha, I like that. When divesting, I have always dumped the entire counter. I will do the 1/3 logic with Equity at 24. Not a bad days work for an average price of 17 (including a lot at 303)

I see 24 already. I'm waiting for the SMS at 4.04 to confirm the sale. @2012, maybe 25 is conservative?

...and you didn't wait for 25... because...?

With demand double the supply...28, 30 next week looks achievable

On the basis of what Equity did (investment wise) in 2009; the improving Kenya economy outlook; Ug's promising future, I'd say Equity is a much cheaper stock today than it was in 2008 when it reached Ksh320 (today's Ksh32).

I therefore see it at around Ksh35 in the next year or so.