Aguytrying wrote:Goldilocks Reloaded wrote:Standard Investment Bank estimates the fair value of Total (K) to be KES 37.80. What do Wazuans think? Also, when is Total's book closure?
do you think it warrants to trade at a pe of 18 (including prefs)
I agree that is quite high and they would have to work really hard to warrant such a high PE. However i expect that the recovery is well underway and barring any major movements from the prefs, the price should continue to rise.
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch