You are asking the wrong question brother.

You should be asking about 10 or 20 years from now. Not a pata potea 1 year which is the burial ground for those who buy and sell daily and find themselves in the red always.

If I could own one single stock to hold for 30 years, it would without a doubt be SCOM.

Unfortunately it is too pricey for my budget based on basic FA. But if I was to get a ksh 5m windfall. I would invest 4m of it on serious things and then gamble 1m of it on holding overpriced SCOM for thirty years.

EVRD is my other long term gamble. It's a turnaround situation whose merits I have argued elsewhere. Holding this one for 10 years minimum.

The other stock I would pick is a no brainer. I have mentioned it before; ICDC. In fact this is the single most attractive stock on all counts;

- Price to Book
- Booming Revenues
- Political connections
- Vision 2030 project links
- Super diversified
- Sharp management. In fact I'd argue that the Centum CEO is the sharpest tool in the NSE shed IMHO. And I'm not talking theoretical sharpness alone..he has unmatched practical smarts as well.

I foolishly bought ICDC back when it was still called ICDC for 6 bob, then sold at 12 a year later thinking I was a genius (my dummy days when my horizon was short term). Wapi? It soared to 20, then 30 shortly after! Bought back in at under 35 and will hold for the next 100 years assuming I will be still alive by then.

Whatever happened to the wazua spirit

I have also noticed that most brokers are clueless and cannot give sound advice and the big boys and girls at NSE(Majority shareholders) are keen to shaft the brave wanjiku thoroughly. I have noticed that golden handcuffs and lack of dividends in some firms last for more than 3 years suggesting price manipulation to shake out the inpatient and weak wanjiku(case in point centum @9-11 bob and zero dividends for almost 5 years).

This NSE just as KNH is not for the faint hearted. You gotta behave like the big boys/girls to make money here.