Along with the result
PIOC is expected to announce a final cash dividend of Rs3.
2 Pindborg et al in 1972 were the first to suggest the term
PIOC.
The components of the
PIOC and their cost information are as follows:
Our new Jun-17 DCF-based PO for
PIOC is PRs137/sh (30% upside from last closing).
PIOC has delivered a staggering growth of 30% YoY on after-tax basis (excluding PRs557mn one-off in FY15).
Dan Margulies, executive director of the Community Housing Improvement Program (CHIP), a middle market owners group, was among those who testified before the RGB and told the RGB the fuel costs and high
PIOC cannot be ignored.
TUESDAY, SEP 20, 2016 -
PIOC - EXCITING PERIOD SET TO CONTINUE IN FY17; REITERATE BUY!
The Rent Stabilization Association, for instance, has also called for recompiling the
PIOC, rather than making adjustments based only from year to year.
Moreover,
PIOC has recently started selling clinker to Fauji cement (since Jul-16), which is expected to improve its topline in 1HFY17.
For the first time, the RGB study notes, the
PIOC and the RPIE data provided identical results, showing a growth in expenses of 1.
In the backdrop of strong cement demand,
PIOC announced installation of a new 2.
One of the trends is that while fuel still makes up 6 to 7 percent of the cost of operations, water costs are almost as high in many buildings, but the
PIOC only adjusts from the year before, and the basket compilation has not been thoroughly and statistically rethought going back to the initial rent stabilization beginnings in 1969.
