tcd wrote:Guys I am seriously contemplating Centum but the more I look at their financials the more I get confused.
Looking at their Sep 30, 2010 financials, I think it's currently overvalued because it has an asset base of Ksh10B (Group) and the Market Capitalization as at yesterday Dec 18, 2010 was Kshs13B. Also the NAV as at Sep 30 was 17.43 against the current share price of 22.25. Can someone please give a prediction of where this counter is heading given the above numbers. Thanks
Centum is way undervalued because the sector book value per share is 3.3 and centum is 1.3 .. Plus the C.E.O promised to raise assets to 30billion
Mark 12:29
Deuteronomy 4:16