slykat wrote:I bought this stock 2 yrs ago @40 for medium to long-term. Ever since it has been on free fall. What is worse, it is about the only stock that is not recovering?
Anyone know the reasons (why)! I bought in coz of their regional expansion but alas!
Any one wanna give profitability forecasts on this one? Any hopes. I could hold for another 3 yrs, coz the dividends r not bad, but is it ever gonna bring capital gain?
@Slykat 2 years ago most stocks were overpriced but you couldn't tell as we were all riding a strong bull. The exception would be the likes of BAT and Mumias.
If the economy recovers strongly then you might reap a handsome profit.
I hope you are well diversified because Cables is a prickly basket to put all your eggs in.
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