Quote:
Originally Posted by billions
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
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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).