2019 12 12The argument, the stock price is too high relative to earnings, therefore its a bad investment can be faulty. ARM Cement, dons a price to earnings PE ratio of 32.7, almost 10 times higher than its sectors PE.
The firm has operations in Kenya, Tanzania and Rwanda. Formerly known as Athi River Mining Limited, the company is headquartered in Nairobi and is listed on the Nairobi Securities Exchange NSE. Our investment. In April 2016, CDC announced a 140 million investment into the company designed to boost the local supply of cement in East Africa.Send Inquiry