Divestment of reinsurance firm's 20pc shares gets nod - Newspaper
Board of Privatisation Commission considers the sale of the remaining 17 federal government properties.
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Board of Privatisation Commission considers the sale of the remaining 17 federal government properties.
PC Board discusses HEC, PRCL and GoP Properties % Federal Minister for Privatisation Mohammedmian Soomro chaired Privatisation Commission Board meeting on Thursday.
Board of Privatisation Commission considers the sale of the remaining 17 federal government properties.
Say it's not a bubble. valuations are expensive in the market. no denying that. interest races are low so you tend to see valuations expand during low interest rate environments so you have that, but earnings have been growing. the market is up 10% this year. but the earnings multiple of the s&p 500, what people will pay for earnings, has been unchanged this year. so, earnings have been growing by double-digit rate this year so we haven't really been seeing valuations contract or get more reasonable but they haven't been expanding. the reason we're all here today talking about the 22,000 is be...