Aguytrying wrote:uchumi wrote:compare the 2011 fiqure of contribution i.e r21m and the eaning per share was 1.84 .we might get an eps of about 3.00.
The 1.84 eps was insurance biz only. Do u think insurance profits have grown that much this year? Thats what can give such an eps.
@Aguy, the 1.84 eps also included included "investment income" and "other income" which were a significant amount of KES 1.668B. Fair value changes on financial assets at FVTPL are passed through this two items. Not forgetting Profit on disposal of property and equipment is also passed through this items.
Am however not justifying @uchumi projections because there are so many variables that contributed to the r21m. Notice that Liberty Africa which contributed the r21m comprises of 2 regions - 6 countries {(1) Southern region = Botswana, Swaziland, Lesotho and Namibia.
(2) Eastern region = Kenya, Tanzania and Uganda.}