@Mukiha, I have been trying to mount a defense in the face of a serious cross-examination by the deal regarding my views on CFCIH as being over-priced.
I have cited 2010 FY results as published in the papers. On the other hand, he has referred to YOU as the source of his info(incorrect in my view).
I have tried to establish where you got your half year EPS of 0.54 for 2010 as I have not seen it anywhere in the Information Memorandum. I have noted that the Half Year 2010 PAT attributable to ordinary shareholders was Kshs 169,929,000 which works out to Kshs 0.33. This info was also published in the Daily Nation on 31st August 2010. The IM however indicates H1 EPS as 0.37. I suppose the difference could be in the number of weighted average shares.
I am curious. Pray, do tell, where did you get your figure of an EPS of 0.54?
mukiha wrote:BTW: It is coming to the market at an introductory price of sh6.157
Total shares listing: 515m
Total shareholders: 3,712 [yours truly included]
NAV: 9.4 [30th June 09]
EPS: 0.54 [6mo to 30th June]