mwanahisa wrote:
Looking at the results published today, we might want to really examine Unga's financials.
1.PBT has gone up by 28%.
2.Profit Attributable to ordinary shareholders is up by ONLY 9%.
WHILE,
3.Profit attributable to Minority Interests is up by a whopping 37%!!!
compare to interim results which were real key in justifyin price rise since Feb 2010..
Interim PBT was up more than 300% compared to similar period while Interim EPS was up over 250%
it is a fact that expectations on this counter were heavily reliant on the interim results to reflect full year results more or less by the same margins....this hasn't punned out..
Arguably..results are
FINE..but in a market where some of the retail traders expected
spectacular..this is likely to reflect in share price..
The dividend is a good thing though..REALLY good..considering potential drought is likely to depress earnings..ere go..share price..
@kshs12 Dividend Yield of more than 4% beats interest on savings account!
..the lower the price the higher the dividend yield!..
..suddenly
Unga turns into an income stock! me very likey!!
..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