LB Finance (LFIN) is worth Rs 480/=

GMNet at 06h44
25
Jan
2011
LB Finance (LFIN) is worth Rs 480/=

According to the latest predictions, LB Finance PLC (LFIN) is on target to make a profit of approximately Rs 1 bn for the year ended 31st March 2011. Earning Per Share (EPS) of LFIN based on the forecast earnings of FY 2011 is expected to be in the range of Rs 24/= per share. Based on prevalent market PER of X 20 the share can be valued at Rs 480/=.

Further under new holding structure of LFI which include 51% of being held by new for
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"LB Finance (LFIN) is worth Rs 480/="

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25/01/2011 at 06h44 by "GMNet"