Hunderwear wrote:
@Guru please explain the above(20 marks)
With kplc @ 35 & kengen @ 10bob the stocks will have similar valuations on basis of Profits & book value.
I believe should happen this because.
1. Both are majority owned by GOK
2. Both have major expansion drive in place to boost earnings in the future.
3. Both have carried out major capital restructuring
4. Both are affected by similar risks and rewards specific to the power sector
5. Both currently depend on each other for their own existence/survival (one cannot exist without the other)
6. VISION 2030!!
Why must they be valued sooo differently??
Mark 12:29
Deuteronomy 4:16