hisah wrote:HY EPS was down 77% from 1.45 to 0.32. Assuming H2 finishes as H1 that means EPS will be 0.64 (0.32x2). Current insurance sector PER is 8.6. But out of generosity let's give BRIT a PER of 10.
Share price = EPS x PER = 0.64 x 10 = KES 6.40.
Avoid the unnecessary noise and stay focused otherwise the market magicians will skin you alive!
I do not trust this company since that Rawat drama. It might no be transcentury bad, but there's something I just don't trust them. With NSE nose diving last year, so will their profits, maybe even loss like it FY 2011 bear
The investor's chief problem - and even his worst enemy - is likely to be himself