Time is a friend of the wonderful business, the enemy of the mediocre
Lucky’s capacity has raced past peers from similar levels in 03…
Mn Tons
...coupled with a huge build-up in cash & investments
PKR Bn
Net Cash (Cash & Equivalents plus investments minus Debt)
Lower Fixed Assets/ton* is Lucky’s hidden advantage
PKR 000's / Ton
Price performance- huge variation in the same sector
PKR
Todays value of PKR 100 Invested in July 2003
Source: Company reports and PSX Data
* Fixed Assets are defined as operating fixed assets at historical cost.
**This is not research material and there is no investment recommendation. These are our personal views.
Share
Share