rwitre wrote:obiero wrote:rwitre wrote:obiero wrote:cnn wrote: Investor briefing for half year on at this moment .
Mungu awe nanyi
Turnover down 7%
PAT down 23.7%
Total assets up 5.2% (from FY 18)
Total cash up 29% (from FY 18)
EPS Sh.2.21
Interim DPS Sh. 1.50
Stock will continue to slide down to fair value of KES 32
Share price of 32 based on what
Current NAV: Sh 44
Current DY at today's price: 12.5%
It is already at a discount, and an attractive price.
If it gets to 32, it will be at a discount of 27% from NAV, and clock a DY of 15.6% which is:
- Higher than every T-Bill or Bond in the country
- Higher than nearly all MMFs
- Will be the highest DY on the NSE
If it touches 32 we are liquidating other counters and loading up on this one.
most shares are at a discount to nav for example check centum nav of 70s against price of 30 , kenya re, carbacid very huge discounts
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope