Stocks Observer. com

We preview Kapco's 2QFY12 results (scheduled to be announced on February 15, 2012) and expect the company to report net profit of PKR1,380mn (EPS PKR1.57, down 24% YoY), gross profit of PKR2,663mn (up 4% YoY) and top line of PKR25,596mn (up 85% YoY). We also expect the company to announce cash dividend of PKR3/share. Target Price and Price catalyst ·          June-12 price target: PKR50.5/share on account of DDM based methodology. ·          Catalyst: Rupee devaluation and resolution of circular debt. (Source: Foundation Securities)

TODAY`S BOARD MEETING`S OF COMPANY SCHEDULED ON T I M E P L A C E TO CONSIDER 10. Pakistan Refinery Limited 15.02.2012 Wednesday 9:30 a.m. Karachi Half Yearly Accounts for the periodended December 31, 2011 11. Jubilee Life Insurance Company Limited 15.02.2012 Wednesday 10:00 a.m. Karachi Annual Accounts for the year endedDecember 31, 2011 12. JS Growth Fund 15.02.2012 Wednesday 10:30 a.m. Karachi Half Yearly Accounts for the periodended December 31, 2011 13. JS Investments Limited 15.02.2012 Wednesday 10:30 a.m. Karachi Half Yearly Accounts for the periodended December 31, 2011 14. Dawood Hercules Corporation Limited 15.02.2012 Wednesday 10:30 a.m. Karachi Annual Accounts for the year endedDecember 31, 2011...