Its possible, this is a buyers market. If convinced that it will touch 4.80, why not sell at 6.50 and pick much more at 4.80?

It shall drown after brutal strangulation under deep seas of the bear.

As time progresses some savvy individuals will enter at KES 3.5/-. I'll also feast on this one!

If KQ with negative 30B equity has not hit 3.5 what makes you sure that Kengen with positive 170B positive equity will hit that amount? Watu waache mchezo.

Tell them ..just because things are down today, they shall not forever remain so.They should not be too pessimistic as to be blind to the opportunity staring at them.

Ok Ok

West African food is da bomb!

Palm Nut Soup
Fufu
Bahnku
Jollof Rice
Groundnut Sauce

Jesus taught us how to wait for the Bull...



"Then the Kingdom of Heaven will be like ten virgins {Investors}, who took their lamps, and went out to meet the bridegroom {Bull market}. Five of them were foolish, and five were wise. Those who were foolish, when they took their lamps, took no oil {spare cash} with them, but the wise took oil in their vessels with their lamps. Now while the bridegroom delayed, they all slumbered and slept. But at midnight there was a cry, "Behold! The bridegroom is coming! Come out to meet him!" Then all those virgins arose, and trimmed their lamps. The foolish said to the wise, "Give us some of your oil, for our lamps are going out." But the wise answered, saying, "What if there isn't enough for us and you? You go rather to those who sell, and buy for yourselves." While they went away to buy, the bridegroom came, and those who were ready went in with him to the marriage feast, and the door was shut. Afterward the other virgins also came, saying, "Lord, Lord, open to us." But he answered, "Most certainly I tell you, I don't know you." {You missed the bull} Watch therefore, for you don't know the day nor the hour in which the Son of Man is coming."
— Matthew 25:1-13

Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000

Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency

FY 2016 results will be released on october.We shall see if there will be any new development.

I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders.
With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY.