The optimist wrote:Pesa Nane wrote:Fetero wrote:The optimist wrote:mlennyma wrote:better,last year was flat
The PAT grew by 32%
There are some Technicals that this stock obeyed last time when it
shoot up to kes28. This indicators sometyms repeat themselves, can the prophets of good tidings (TA guys) tell us what their calabashes and guards are saying
The stock was trading cum bonus (3:2) and cum div. (Ksh. 1.20) during those highs
*Longhorn trailing eps is 0.72 based on 2013/2014 Full Year results spread over the new number of shares after the bonus.
This puts the
trailing PE at 13 from its latest price of 9.40 last Friday
LKL management needs to seek innovative ways to generate revenue. A part from their venturing in, UG,TZ,Rwanda,etc to seek new markets they need to go digital. By now they should have launched an online LMS hosted on the cloud by one of the local ISP's. Pupils,Students and the public to pay small fee to get logins to study and attempt exams so long as you got a smart phone. Like the Cisco academy way. This may be a better way of increasing revenue streams plus they will have dealt a blow to hard books piracy concerns.
At the moment the stock may be fully valued at kes9.45 going by Friday closing but I wld still give it a 30% uptrend. RSI still at 50's, ROC at zero from a -ve few days ago meaning there could still be some upward momentum...#I may be wrong but I can bite a bullet for LKL for a short while.
Ask & it'll be given to you,seek & you shall find..Mathew:7:7