pre·car·i·ous
prəˈkerēəs/
adjective
1.
not securely held or in position; dangerously likely to fall or collapse.
"a precarious ladder"
2.
dependent on chance; uncertain.
"she made a precarious living by writing"

Since my English qualifications are also suspect,
here: "gnothi seauton"

The current management is IMHO decent enough. This is a firm that I would be comfortable with if it delisted. Eventually, [as long as the KE politicians stay away] this firm will pop. I don't care about the share price as long as the profits roll in. When GoK is ready to give up the majority control/ownership to someone else then expect a takeover bid. I don't see this happening until after 2022 but let the profits roll in.

If I has KES 15bn, and connections at GoK, I would buy this firm up lock, stock and barrel.

[quote=obiero]a company on the edge http://www.businessdaily...0758-umjilrz/index.html[/quote]

Where is the edge?

“Kenya Re’s operating results during the first nine months of 2016 were ahead of those achieved during the same period of 2015"

In light of Kenya-Re's need for more capital coupled with its almost "dislike" for borrowed funds, I would venture to say that I envisage an issuing of bonus shares. A 2011 deja vu experience might very well be in the offing for the stockholders.