As for the NSE, the positions I've taken so far this yr have either been based on companies with long-term prospects or for defensive reasons. By defensive I mean averaging. I haven't sold anything yet this yr because apart from Equity, the others haven't reached fruition and I believe they'll.
TPS- Because despite the tourism issues and the fact that 67% of its revenue is from Kenya, nobody does hospitality better in the whole of East, Central and Upper Southern Africa than Serena.
Athi River because it has a good base to go forward. And its not exclusively dependant on revenues from cement.
EA Cables, because Mugo the CEO is not yet 40 and has plenty of good ideas
- Fibre-optic to take advantage of TEAMS, SEACOM and other under-sea cable projects coming online from 2009 onwards. And of-course, copper is expensive
- Regional expansion. Most of its turnover growth for 2007 came from outside Kenya
- Linchpin of Transcentury, therefore has strong shreholder support
- Any price below Ksh40 is a buying ooportunity for this stockDiamond Trust because trust me its going places.
few weeks back. EABL for the dividend tu.
On my watchlist remain AccessKenya and KCB.