EABL recently announced intention to enter a conditional transaction to purchase an additional 30% shareholding in its subsidiary, Serengeti Breweries Ltd (SBL). EABL has legal shareholding of SBL of 51%…
“We retain a BUY recommendation for both KNOC (fair value KES 13.53; 23.5% upside) and TNKL (fair value KES 41.02; 135.7% upside).” We think (Total Kenya) TNKL had challenges in profitability management,…
