ProverB wrote:guru267 wrote:Ericsson wrote:EABL have released their half year results
and KPLC is next..
kplc na kengen
and then williamson/kapchorua/limuru tea..
i think banks will pull a fast one on the market and post all within a 3 day period..
awaiting with bated breath..kakuzi..last week of feb.. last year's reaction was awesome..
ps Aly Khan valuation of agric stocks at excess of 400/- i'd ignore..if he wasn't so invested in then.. is this a case of putting money where youe mouth is ama putting your mouth where your money is?
Ponder.
@ProverB, a small correction. The 2 mother-daughter combi of WTK and Kapchorua have 31st March year-ends (recently also adopted by Eaggads), so we do NOT expect results from them until towards the end of May/Early June.
AlyKhan is right in his valuations but only upto a point. As you know valuations can be fairly subjective e.g. with WTK' EPS of Kshs 96 last year (projected EPS of over 50+ in 2010-11), if we were to assign a historical PE of 5, you would have the share at a price of almost Kshs 500. Its NBV is also over Kshs 300. But once you start applying other valuation methodologies or try to forecast earnings (notoriously difficult to do for Agrics), you may arrive at a monstrously different figure!