We are firmly in the 70s with a high of 73 today; still a lot of head room for this stock considering its low float and expected capital gains on the back of good results.

For a long time the market was luke warm on this stock but things are looking up especially if you consider this company made 800Mil H1 2013 profits and KQ made 535Mil H1 2013 ....

To all the patient ones our time to reap is coming soon,to the Wanjikus its time to 'dandia' the bus as its leaving....

There is still serious head room on this share. Been a good wait.

were just getting started here. end of next year, time to harvest

That fair value is very wonky and based on gut estimates than the underlying book in the business. Look at pan africa's Embedded value and you will realize that the price is exegerated and highly unlikely a takeover would happen at such elevated Embedded Value multiples. At 75 the counter is trading at an approx EV multiple of 1.7 suggesting at least 50% premium to fair value.

Speculation cannot be fought. We can't sell short. And until Sanlam gets its 60% (or is it 75%) there is little one can do. Once it has what it wants, the price will probably stagnate. I would rather buy Britam for the long-haul.

As Warren Buffett says. In the long term, the market is a weighing machine not a popularity contest.