Interesting. I read they estimate to earn about 10% of revenues from co-generation...Sh800 m ($10 m) annually...only a 3 year period to recover the $35 m capital cost.

What do you think will happen to the price once the comesa mart is opened in 2012?

@mwanafunzi
in my opinion you should hold on to your kenya re simply because when it announces its full year results which will be positive even 20bob will look really cheap for it... (at 20bob you'll be up about 50% on your holdings)

this year msc will settle around 15-16 basing on current half year results and current market valuations(you'll only be up 38% if you go in now)

just keep the patience and you'll also have your time to reap

@guru and 2012 why the sudden price fall with massive volumes trading.

@mwanafunzi are you asking about mumias or kenya re?

if its about kenya re the volumes are large and the price is falling simply because right now this counter is full of profit takers who bought at 10bob trying to sell...


I CANT BELIEVE SUGAR IS DOWN TODAY!!

I am betting that it does not go any lower than 9.50 and possibly no lower than 9.80 if the resurgence in Safaricom continues. I am a buyer at the current prices of 10.15 - 10.20 albeit in small quantities at the moment. Targetting Kshs 14-15 by the time of results. CNBC reported that Renaissance had raised their target price for MSC to Kshs 13+. Note, In April last year African Alliance had valued MSC at 4.20. 9 months is really a long time in the stock market.