EPS 12.5 If Annualized = 16.6 P/E 5.8
Net asset = 141/-
Cash per share = 22/-
Number of shares = 25.2 Mn.
Highest Traded price during the period = 124/-
Current Trading price = 97/-The main reason to trade at this price is right issue announcement
But this share still trading with 1 right per 2 share
If you work out the numbers there should be minimum 50% gain
As per my understanding this is the most undervalued share in the financial sector
I already holds ESL and CINV no doubts these two shares will move up, people are talking about them.
But I wonder why people do not talk about SDB, however I have start started collecting SDB..
This for your attention and valuable comments please…..