KNM, a company which involved in oil and gas industry, trading between 0.595 to 0.605 today. A broking house said it is a buying opportunity if the price below 0.60.
Price per book value (PBV) is 1.32 times and average ROE (from 2004 to 2008) was 25%. Investment experts say good buy if PBV below 1.5 times and ROE above 15%.
From my point of view, buy for investment....
- Sabri Jalil
No comments:
Post a Comment