A well diversified portfolio

@VVS what are your core holdings apart from Kenya Re? ... KK, I&M, WTK

You don't have any of the big caps in your Portfolio.

Dont bother the old man with roundabout questions. He simply knows KQ is not a stock to trade in.. Nothing much beyond that

Yes and Yes. Years ago, I did a "purge" and got rid of most of the shares in "bandia" firms.
KQ, OCHL, Uchumi (at a profit), ADSS, etc.
Like many investors, I used to buy everything... BAD MISTAKE.
I went to Buffettian principles, and cleaned house, and reduced my holdings to a max of 15 but only 5 constituted 75%-90%.

WTK was one of the 5 but I cashed out. I returned to KAPC/WTK in a small way recently. I also sold Equity at a profit.

I may end up selling my KK and Unga in 2019 which will leave me with KenRe and I&M.

Replacements: Centum [been buying slowly], Equity, KAPC/WTK, Safaricom [sub-25]
Note that all are currently profitable and pay a dividend though WTK/KAPC profits (& dividends) are cyclical.

GoK has substantial holdings in Safaricom as well as KENRE but you chose to play ignorant

Even after posting the shareholding structure from the company’s own website, you still argue about the percentage

As I prepare to head into 2019, I need to find 2-3 replacements for my Core Portfolio. The choices are limited.
2 (Unga and KK) could be bought out in 2019.

Centum is slowly but surely making its way into the Core Portfolio. Picked up some at 25.
WTK/KAPC might become Tier 2 at most given KE's politics.
Safaricom is a solid contender at sub-24
Equity and Stanbic are definitely a contenders at 40 and 90.
[I don't want more than 30% in banks given I already have I&M as "core"]

Or keep it in cash until the next "crash".

Said the Oracle of Omaha, Warren Buffett, "Wide diversification is only required when investors do not understand what they're doing."

Meanwhile, bond-maven Bill Gross said, "Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count. Good investment ideas should not be diversified away into meaningless oblivion."

Add a Local Tier one bank for quick gains when market turns... KCB, Equity or Coop.

I should "Time Stamp" this as done on 5 Nov 2018 given the fortunes of firms can dramatically change.

Equity is already part of my portfolio. I sold a good chunk at a good price a little while ago. Thanks to the significant REGIONAL focus of Equity, I think it will do better than either KCB or Coop.
DRC, according to Mary Wamae, is doing well. JM talked of a "Pick, Plug and Play" model for these markets using Equitel.

Cash is a huge constraint for me but given the pending takeover of KK... I may get some decent cash in in 2019 BUT as we saw from Puma, there are no guarantees.
Look at Seaboard and Unga. Still stuck at 40/- for the 30% minority shareholders...

"Quick Gains" is where we differ. I am happy for decent gains on Equity, SafCom, Centum over the next few years.

I recently bought Centum at 25 and it has jumped to 30 [about 20%] but I am not selling for a quick gain since I think there's more to be gained by holding.
I recently bought KAPC/WTK and I got a dividend of 10/20 (13%) on my purchase price. I am not selling given the good rains and high levels of production even with lower tea prices. It's a cyclical stock. Not for the faint of heart. Not for those who can't sleep at night. The politics surrounding land in Nandi/RV are awful.
I bought Safcom sub-25 and I will likely buy more at 24 after analyzing the info they put out. It is a well-managed firm.

All the above is ACADEMIC given I have no cash!