EA Cables-PBT 50% up on FY05

These are good numbers-they doubled turnover and have a virtual monopoly in East Africa. Its a pity many an investor got carried away with the over-inflated- some would say manipulated- shareprice rise in the second half of 2006. The DPS was 0.70, not exactly exciting, but this is a growth company that will continue to do well as Kenyans and East Africans become electrified. The shadow over their growth is probably their reliance on copper imports whose price can fluctuate.