NICA’s net profit till Falgun end is 3.2 arba, just behind GBIME 3.4 arba which has twice the capital of NICA. if we calculate their financial statement, NICA’s EPS is 42. since they didn’t gave dividend last year, i’m assuming dividend of around 30% this year.
NABIL after merger with UFL likely will have div capacity of 25% this year. if they are able to turn around things may be 30%.
Is NICA in sweet spot?