The case for DTB:
Scenario 1: For the period July to September 2010, DTB makes Ksh 0 net profit. The EPS thus remain same as Half year at Ksh 7.12. For 2009, Q3 was Ksh 4.96. Thus even without any profit growth DTB announces a Q3 rise in earning per share of 43.5%. With this scenario, the share should trade at about Ksh 140 after Q3 results (Trailing P/E 18).This must be the worst case scenario.
Scenario 2:DTB grows at the same rate as Q1 of 2010. This means that for the period July to September 2010, it makes Ksh 2 per share thus as at Q3 it will announce: Ksh 7.12+ Ksh 2= Ksh 9.12. Therefore for Q3, the EPS growth becomes 83.9%.With this scenario, the share should trade at about Ksh 160 after Q3 results (Trailing P/E 21)
Scenario 3: DTB grows at the same rate as Q2 of 2010. This means that for the period July to September 2010, it makes Ksh 5.12 per share thus as at Q3 it will announce: Ksh 7.12+ Ksh 5.12= Ksh 12.24. Therefore for Q3, the EPS growth becomes 146.8%.With this scenario, the share should trade at about Ksh 190-200 after Q3 results (Trailing P/E 25-26). This must be the best case scenario.
Happy hunting.
x handle: @stocksmaster79