It seems guys are very determined to hype this thing, upto the extent of starting new usernames to shore up support. ISORAIT.

But seriously, if the fundamentals are OK, why won't someone just place the numbers on the table so as we can agree to disagree, or disagree to agree.

Don't just say; "its good since its REAL ESTATE, no blogger understands real estate".

Or " the share price has reached its lowest price ever." Seriously???? Investing in hope now???

Or "Financial reports are audited." Even CMC was audited for all those years when funds were being diverted to Jersey island.

Or "the company has become more efficient, as indicated in the financial reports." Wajamaneni, ever heard about an accounting strategy where expected future revenue is booked now to fatten the books? Or an expenditure is postponed to be booked in the future so as the PBT and PAT look good now?

Also, saying that bloggers don't know what Book Value is hillarious just to say the least. This firm own books are the one that show us that the NAV is less than 1/- and less than 0.8/- exclusive of goodwill per share. And would you also tell us the reason why i would pay 6 times the NAV for a firm whose bosses have parrallel companies engaged in the same business???? Conflict of interest?? What was the price before listing by the way?? What was the share structure before listing and how is it now??? Dumping???

Next project they have is the Kikwetu project (Machakos), where they want to build 100,000 houses, +60km away from Nairobi. They can build, but selling is the key issue. .

This counter just sounds like Home Baking flour.

So, you are trying to say that it will relax at sub 5/-? That will be very interesting to watch!

3.70!