EPS 9.23, hence It's P/E is around 2.2, isn't that awesome?
why is it trading around 20? shouldn't it be trading much much higher? Or am i missing some thing here??
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Yes, it should break at least 30s.ccsentha wrote:Guys what do u think of FIRST CAPITAL HOLDINGS PLC? I feel its a hidden GEM!
EPS 9.23, hence It's P/E is around 2.2, isn't that awesome?
why is it trading around 20? shouldn't it be trading much much higher? Or am i missing some thing here??
econ wrote:EPS 9.23 include one time sell off of LAMB.. excluding these one off profits , EPS is around 3-4 .. So using operational EPS , PER is around 5-7 still very much undervalued in the financial sector.
econ wrote:EPS 9.23 include one time sell off of LAMB.. excluding these one off profits , EPS is around 3-4 .. So using operational EPS , PER is around 5-7 still very much undervalued in the financial sector.
Gaja wrote:econ wrote:EPS 9.23 include one time sell off of LAMB.. excluding these one off profits , EPS is around 3-4 .. So using operational EPS , PER is around 5-7 still very much undervalued in the financial sector.
friend there Profit before tax 605 million where as Profit after tax 983 million, the reasons explain in the Note no 9.1 and i am in the opinion this will not happen in the future, so what will be PER is we take the PBT and remove the LAMB disposal
Last edited by econ on Sat Jul 09, 2011 11:49 am; edited 1 time in total
ccsentha wrote:econ wrote:EPS 9.23 include one time sell off of LAMB.. excluding these one off profits , EPS is around 3-4 .. So using operational EPS , PER is around 5-7 still very much undervalued in the financial sector.
Friend, can't we consider that as one of their business?? wouldn't they invest that money into some other company and later sell and gain a capital increase?
Leo_pold wrote:Can somebody please explain me the nature of their business? I went through their reports and few sites but I'm kind of lost. Do they invest in companies or give loans? Please clarify their business nature for me..
Thank you...
econ wrote:Leo_pold wrote:Can somebody please explain me the nature of their business? I went through their reports and few sites but I'm kind of lost. Do they invest in companies or give loans? Please clarify their business nature for me..
Thank you...
First capital holding is a kind of investment bank.
Their main business are
1.dealing government securities such as treausry bills and bonds,
2. registred margin trading provider
3. all kind of corporate finance business such as handling debentures,IPOs, swaps etc.
FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » "FIRST CAPITAL HOLDINGS PLC" seems like a real gem, is it??
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