however. .. recently, shakey's lowered its IPO price to 11.26 ... thereby also affecting my computed forward p/e for 2016 ...
here's my revised forward p/e for shakey's: ...
a total of 1,531,321,053 shares will be listed ...
shakey's earned 591,137,350 on the 1st half of 2016 ...
annualizing the earnings ... it becomes 1,182,274,600 for 2016 ...
so ... estimating the earnings per share for 2016 ... 1,182,274,600 divided by 1,531,321,053 ,,,
it is 77 centavos per share ...
at 11.26 pesos .... my revised price earnings ratio is ... 14.58
for more philippine stock market views and information please check:
FINANCE MANILA
STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!
p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.
