samsa wrote:mwekez@ji wrote:
NBV stands at an average of KES 19, Earnings are quite volatile, Dividends stand between KES 0.80 – 1.00 (Dividend Yield of 8%-10%). (Shares are selling at KES 10 and have the same par value)
By The Way Statement; getting information on Unaitas does not come easily and they tend to limit the information they give. An evidence to this is that its time shareholders are getting 2011 annual reports yet shareholders in other companies are talking of H1 2012 results. Also, I fail to understand why they dint give the income statement in the 2011 annual report but opted to only state the top line and bottom line.
And what is NBV in simple language?
I hear they had issues with the accountant and risk manager. I hope they did manage to get the best CFO and Risk expert.
NBV is Net Book Value
1. It is the total value of the company's assets that shareholders would theoretically receive if a company were liquidated.
2. By being compared to the company's market value, the book value can indicate whether a stock is under- or overpriced.
Read more:
hereAm glad they noticed the two chaps weren't straight. I still have never understood why they ommited income statement in the 2011 annual report. Could you be in the know