VituVingiSana wrote:@cnn @horton BUT... harder to translate turnover into PAT in this industry...
@VVS, true dat! Was just an observation. Interesting to note however, that even a 1% increase or decrease in NM can make a HUGE impact for shareholders. My sentiments are (going by the TOTAL results), this thing should have a stellar year, coz Total basically had a pretty flat turnover, they talk about a turnaround in 2H and their earnings(minus the acquisition costs an finance costs due to the acquisition) should have increased their EPS by 17% YoY(ie without the impact of the acquisition). Also, consider the fact that CVX assets in Kenya were a Loss making entity for years. This could also be a NAV play(if ur into that kinda stuff
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KK also did say, that their results for the year(thus far) have surpassed their expectations and that their finance costs have significantly dropped...
@cnn...my bad...im sorry! LOL Im pretty stocked up actually...& bila cash atm