Scangroup Ltd.
http://www.scangroup.biz/
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Par Value: 1/-
Closing Price: 41.75
Total Shares Issued: 237,324,272
Market Capitalization: 9,908,288,356
EPS: 2.55
PE: 16.373
The largest marketing services company in East Africa.
Swot Analysis FY 2010 versus FY 2009
Billings 11.363839b versus 5.920012b
Direct Costs [9.018285b] versus [4.295983b]
Revenue 2.345554b versus 1.624029b +44.28%
PBT 838.396m versus 544.1m +54.088%
PAT 640.585m versus 401.148m +59.687%
EPS 2.55 versus 1.81 +40.88%
Cash and Equivalents at end of Year 2.178652b versus 0.676768b
Dividend 0.70 cents a Share
1 FOR 5 Bonus
Conclusions
Very Solid Results. ScanGroup has a Lock on the Market and I think Advertising Spend will continue to expand at above Historic Trend Levels. The Shares are well held [Sorrell WPP have 27.5%] and the Float is actually thin. I think a PE of 20.392 is a Fair price but given the thinness of the Float and the Fact that Scangroup remains the only listed Proxy with which to play the Sector [unless You include Nation and Standard] - I think the PE will range between 20-25
from here, especially given the Bonus Sweetener, which might create a near term squeeze. Share Price is +100.692% through today, 16th April. |
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Average Price Over the last 5 Weeks
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Average Price Over the last 5 Months
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No. Of Shares Traded Over the last 5 Weeks
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No. Of Shares Traded Over the last 5 Months
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Market Capitalization Over the last 5 Weeks
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Market Capitalization Over the last 5 Months
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Data Source: Nairobi Stock Exchange
Trading Day: 10 Feb 2012
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