guru267 wrote:NSE was down 30% in 2011.. By default pan africa will post a decline in profits or even a loss...
Im a buyer at 15 though¡
@guru, why 15?
The 6-m results show EPS of 0.76
If their performance come to the same as 2009, that means 138m for (96m?) shares, that's and EPS of 1.4. You would be buying it at a P/E of 10.4.
A bad day fishing is better than a good day at work