lochaz-index wrote:Ericsson wrote:http://kenyanwallstreet.com/will-nse-20-recover
A jaw dropping P/E on CIC...highest in the market bar Kenya Orchards.
The current price has factored in the Half year earnings released in July.
If there is a decline in the second half such that the full year results come below expectation a price correction will follow.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle