Dead right BP.... another sterling result \(o,o)/

Here is my annual CDI metrics update. Have added a 'PE ratio at announcement' column.
Plenty of SP headroom in the latest result. A PE ratio of just 10 = SP of NZ$1.16

Attachment 9470

A current PE of 8.3 with record profits year-on-year for 8 consecutive years and a mkt cap less than their asset base.... sounds like excellent value to me.
Even if CDI encounter 0% increase in reported profit per annum for the foreseeable future, current EPS at current SP means a Return On Investment of 12%/annum.

Disc: CDI holder and accumulator since July-2013.