UB - Audited Accounts

Gaja · 1 UB - Audited Accounts Fri Apr 01, 2011 9:34 am

Gaja

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http://www.cse.lk/cmt/upload_report_file/1047_1301560340384.pdf

Chinwi · 2 Re: UB - Audited Accounts Fri Apr 01, 2011 10:20 am

Chinwi

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As per the report,

For 2010 EPS is 53 Cents after the publich issue.

They had 234 million shares and they have issued just another 15 million in IPO.

Their Profit After Tax was 150 million for the year 2010.

EPS .53 x 20 PER = 10.60
If EPS doubled for the year after IPO for UBC , 1.00 x 20 PER = Rs 20.00

If we consider NTB, EPS of 5.00 y/y , 5.00 x 20 = 100.00.
SAMP 22 x 20 = 440.00

At the moment UB is trading at 36.00 while NTB at 77.00 and SAMP @285.00

current approx. PER NTB 77/5 = 15, SAMP 285/22 = 13, UBC 36/.53 = 67

milanka · 3 Re: UB - Audited Accounts Fri Apr 01, 2011 11:39 am

milanka

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Chinwi wrote:As per the report,

For 2010 EPS is 53 Cents after the publich issue.

EPS .53 x 20 PER = 10.60
If EPS doubled for the year after IPO for UBC , 1.00 x 20 PER = Rs 20.00

Thanks Chinvi for the quick update. ( + rep from me.). I think those people are blind and still buying UBC at 37.20 now.

san1985 · 4 Re: UB - Audited Accounts Fri Apr 01, 2011 5:14 pm

san1985

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milanka wrote:

Chinwi wrote:As per the report,

For 2010 EPS is 53 Cents after the publich issue.

EPS .53 x 20 PER = 10.60
If EPS doubled for the year after IPO for UBC , 1.00 x 20 PER = Rs 20.00

Thanks Chinvi for the quick update. ( + rep from me.). I think those people are blind and still buying UBC at 37.20 now.

Ya thanks for the analysis....+ from me also....