Thursday, March 10, 2016

United Motors Plc - Lowest PE and PBV and a high DY %

The massacre in the market thanks to the many actions taken by the GOSL, including the Monday's action by the Honourable Prime Minister to introduce the Capital Gains Tax, made the stocks super attractive.

There are many counters with lower PBV's and PE's with higher Div Yields.

One of the stocks that stand out of the lot is United Motors Plc. The PE is 3.95 times, the PBV is at .75 times and the dividend yield is at 8.76 %. All this was due to the price falling to 79.00. Even today you can buy at 79.00.

An averaging method  like what I've mentioned earlier or any other method, will certainly help at these levels.

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