Acc K just released results with massive jump in revenues but 23% drop in profit. What direction do you think the share will take in the next few weeks before books close on 5th may?

If my maths is correct, the PE of this share is now hovering at the 27 level. Quite high considering they're now erroding shareholder value.

Clear direction of the shareprice in the near future

@guru267, pray elaborate.

I see growth but also see pressure on the unsustainable margin. And I also see tapering of the rate of growth from prior years. And a milestone around the business in the name of IT.

EBITDA grew by 10% and cash generated from operations only 7% up. But the pricing multiple still reflects exuberance of past years.

Did shareholders finally receive past year dividend? And has dividend now declined from 0.40 to 0.30 per share?

http://www.nse.co.ke/new...0FOR%202010%20FINAL.pdf

I say tapered growth because this year revenue grew 26%, prior year it grew 75%, year before that it grew 75% (with consolidation)

I think Access need to rethink their strategy especially pricing. Their products are still expensive while there's competition offering the same for much less. In the area I live everyone is on ZUKU. KDN have already laid their cable too not forgetting Safaricom. There's this argument that safaricom is unreliable and as true as that is, it always seems to work in safcom's favour, don't know how but it does. Access watch out for Safaricom Business.