BOC is trading at a P/E of about 11.5, so if you factor a P/E of 12 for Carbacid and an EPS of 13.99, thats a price of Ksh 168...... Add the Ksh 3.00 final dividend and i would place a fair value of
Ksh 171 for Carbacid pre book closure (come dividend and come split).
Post split and ex dividend, Ksh (168 x 2/3)/5 =
Ksh 22.40 is my projected fair value.
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