Saturday, December 4, 2010

APL Attock Petroleum Ltd - Fair Value

Company APL
Company Name Attock Petroleum Ltd
EPS 64.85
Fair Price 463.21
Current Price 323.69
Upside Potential 43.10
P/E 4.99
Quarter First Quarter
Book Value 175.72
P/BV 1.84
Div 30
Fair Value 214.29
Upside Pot -33.80
Avg 284.41
Upside -12.14
Div Yield 9.27%
Sector Oil and Gas

SELL / keeping what is reported by the company, its wise to wait for price to lower before taking fresh entries. Many analyst are bullish on this scrip based on future prospects of this company. I don't gamble or speculate neither play with futuristic probabilities. I don't know (neither want to know) how this company will perorm in uture. All my analysis, on this blog, are based on present and recent past, what is known and announced by the company. So in my opinion Rs 284.41 is the safe fair value for APL.



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