1,94Billion Shares..
Thus Historical Eps is Kshs1.82, and a Div per share of Kshs 0.35
At a share price of 14.00..this translates to a trailing p/e of 7.69 and not 1.83 as reported in press
..and a dividend yield of 2.5 and
NOT 10.75%
..Going forward, profit warning projected fall of 25% on earnings thus EPS expected for 2011-12 is Kshs1.36 and thus at price of 14.00, p/e shoots up to 10.29..from 7.69
buy a stock whose year-on-year earnings growth is about twice the p/e ...the only justification of buying KQ is that it grows it's earnings for next year by AT LEAST
20.6%... which is unlikely.
If newspapers..business news.. wazua.. factored the new shares in the financial data they are publishing... potential investors will think differently..fundamentally
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version