I don't see the thread that runs through them,other than the illiquidity of some of them and their earnings are hugely cyclical (an Half year EPS of Sh 10 might translate into a full year loss of Sh 30 per share).
Some of the above firms' Profits/earnings are suspect ... reclassification of assets,revaluation of biological assets,forex adjustments,deferred tax assets ....all leading to reduced losses/ incereased profitability while the cash flow says otherwise.
I say,add Kenya Re to that list
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