Wednesday, October 22, 2014

stok tots: CMT/PGMC (22 oct 2014)

back of the bus ticket computation:

pgmc net income (jan-aug 2014): 3.976 billion pesos
cmt no. of shares: 7B shares
pgmc subscription of cmt shares: 10.5 B shares

assume 2014 pgmc net income: 6B pesos?
total no. of cmt shares: 7B + 10.5 B shares = 17.5B shares
assume 2014 cmt/pgmc eps: 6B pesos/17.5B  shares
= eps: 34.3 centavos