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Old 22nd August 2008, 11:56 AM
riskreturn riskreturn is offline
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Default Re: UNIC INSURANCE anyone?

Quote:
Originally Posted by billions View Post
Unic Insurance Plc
1st Quarter Ended 31/03/08
2008 2007
Turnover N550.43m N477.43m
Profit Before Taxation N276.89m N103.68m
Taxation (n41.56m) (n20.73m)
Profit After Taxation N235.36m N82.95m
Can members of this house share with me their statistics on share float of UNIC Insurance? I got 2,581,733,505 from (often unreliable) Meristem website and this gives forward EPS of 36 kobo and P/E ratio of 5.4 times at yesterday's market closing price of 1.97 Naira (which seems almost too good to be true, even under this bear market situation).
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