EPS figures calculated from Net Profit / 404,352,000 shares outstanding. ADAVIATION share price as of 01 Feb 2009 was 2.15 dhs, so 2008 estimated PE is about 2.15 / 0.56 = 3.8, based on Q4 earnings, which looks comparable to many other companies after the recent crash, however in Abu Dhabi Aviation's case, this is due to a better Q4 as the 2008 PE based on FY earnings is higher at 2.15 / 0.26 = 8.2 (many companies have a higher PE for Q4 due to falloing earnings and a lower PE for FY).
Nonetheless, the market didn't think much of Abu Dhabi Aviation's results, giving their share price a 10% limit down whack to AED 1.94, albeit from just two small trades. No AGM date or dividend information supplied, and results released during pre-trading session making for a spendid all round effort in the investor unrelations department ...
ADX 01 February 2009 (during trading):
(ADAVIATION) Abu Dhabi Aviation announces preliminary annual financial results for 2008
(ADAVIATION) Result of Abu Dhabi Aviation board meeting
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