I have never been a fan of merali's listed firms...
Sameer Africa (Firestone) - Shares were sold to an unsuspecting public who did not know better at 35.50 about 10 years ago. Today they sell at 15/-. Dividends are a hit or miss thus an extremely poor performer over the years!
Sasini - The recent run-up makes no sense to me. Compared to other agricultural firm (except Limuru Tea), Sasini is horrendously over-priced. Wait for the price to fall as the 1H 2006-7 results are released.
Eveready - Need I say more? The WAP price on Mar 13 2007 is just a mere 3% above the OFS price.
Compare merali's firms to the Aga Khan firms & you realise that Management matters...
- ► 2012 (29)
- ► 2011 (44)
- ► 2008 (170)
- ▼ 2007 (79)
- ► 2006 (99)