[Babs_O]

Originally Posted by billions

I don dey combine spreadsheet with my bedsheet...i wan go technical like hispy99.

I agree with d above analysis...the expected "solid" dividend shd generate a moderate price appreciation(abt N65).

The EPS is abt 3.60k.....if d market shd be able to recover fully,i expect d stock to do better than N65. PE ratio at 65 naira is abt 18.

The PAT i used is 27.5b naira...it is somehow high but i expect more people to get drunk as we move closer to Dec.

That is how we drank STAR to push the price up in 2001. But with the country doing more trading than manufacturing and the productive sector shrinking (discounting oil production) the masses may not be able to afford plenty of drinks this year. However pray the power situation and productivity will improve before the end of the year.