unfortunately your calculations are wrong the following may help
company x is trading at 15.00 and pays dividend of 15cents---- that company has a p/e of 15 p/e of 15 are the normal
what needs to be looked at if ??? gbg do earn 1billion how much will be payed as a dividend and how much retained for expansion imo opinion a dividend from gbg will be not until 2012 share price could be 5 dollars and a 70cent dividend would be a good result . please do your own research im not an adviser .
GBG Price at posting:
98.0¢ Sentiment: LT Buy Disclosure: Held
