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BAT to touch 250 by june
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sparkly
#1 Posted : Saturday, February 13, 2010 2:20:55 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Being a world cup year expect people to spend more time in the bar hence more alcohol and cigarette sales. BAT in kenya grows and semi-manufacturers tobacco for a number of other african BATs. The world cup being in Africa this time... Besides i expect the company to trade at a PE of 15 by june.
Life is short. Live passionately.
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VituVingiSana
#2 Posted : Monday, February 15, 2010 7:00:45 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
What justifies such a high P/E Ratio?

I do like the growth potential... not coz of the smokers in the bars but the overall potential since Nairobi is the manufacturing hub for BAT...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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