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Textile exporters usually trade at a P/E of 7–9 in normal times. So fair value estimates: At USD = 300 ==> Fair value ~ 95 - 120 At USD = 320 ==> Fair value ~ 130 - 160
Pakistan has about 46 GW power generation capacity but uses only 13 GW on a typical day. This means any EV adoption creates 0% impact on Pakistan’s electric grid, and 100% reduction in petrol import bill. It’s a huge win. That’s what they should try to accomplish.
Pakistan set to repay $ 4.75 billion this month. $1.3 b Eurobond on 8 April $ 450 mn UAE deposit on 11 April $ 2 b UAE deposit on 17 April $1 b UAE deposit on 23 April