So my point of view BRWN having a rally in the coming days,My Dear Mono,Smillevilly,Econ Pls
make the price value(PE) oF BRWN.
First I'll TRY.If I got it wrong.Do your self BOYS.
35.61*15=534.15
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mono wrote:browns is not an emerging company. it's pretty old one. i think 500 is a stretch. they sold a large chunk of HNB shares through Browns investments and i get the feeling that their profits are partly that. I'm saying this because they are only taxed 79mn. that's way too low. corporate income tax for 1.3 bn profits should be around 240-300mn. from the looks of it 350 seems a good bet. beyond that is dangerous IMO
smallville wrote:Theres something hidden in their reports cant figure out why the Tax is so low, I've not seen any company making a big profit contributing a low tax like this.. Guess Mono is right.. We cannot exactly say what has happen until the audited results are out.. as per the looks not safer beyond 350-380..
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