$1 by end of year still look good, page-5

Guys & gals. One thing I have learnt through years of managing peoples money is to never ever sell a good idea too early. Reason being in all reality you only need one good idea every 12 months to make great returns.

Obviously the purchase price is very important but second to this is to be patient when you are on a winner (by winner I mean a quality sustainable business who has low debt, high roe, great business model and quality management)

Its been my best buy over 2012 as I bought in volume during regulatory uncertainty. Avg purchase price 55c

I expect eps to come in at 11c. Ccv should be on a pe of 15+ with this type of growth. Still plenty of upside left.