FSDH’s Analysis of UACN and Oando Results
donne4real | August 18, 2008
FSDH’s Analysis of UACN Properties:
- Impressive result
- Believes the fair price should be N34.37, a discount of 27%
- Income was derived from two major areas - Business properties (N0.09bn/15.83) and Residential Properties (N4.78bn/84.17%)
- Projects a PAT of N3.06bn for 2008
- Rates the stock a BUY
FSDH Company Analysis - UACN Properties (36)
FSDH’s Analysis of OANDO PLC:
- Believes the fair price should be N196.82, a discount of 16%
- Working capital position is not very impressive. Believes that the company might find it difficult to meet its short term obligations as at when due
- Stock is rated as a BUY
