PKoli wrote:@ProverB
I think when a stock trades at a low pe for three consecutive years, it shows the market has no faith in it. p/e of 5 sounds ridiculously too low for any stock.
@VVS - I give up on the fight for Kenya Re. It has no followers on Wazua except I.
@PKoli please do some research on the topic "value trap"
i only regret the day i decided to get into the insurance sector and chose Kenya re over Jubilee
i got HUGE amounts of kenya re at 13bob when Jubilee was trading at 117bob then they announced those dismal results that prompted me to leap out of it at 13.25 and get into Jubilee at 178 cum bonus....
Kenya re Has an extremely poor management that will continue to erode shareholder value if it is not changed
Mark 12:29
Deuteronomy 4:16