me... i love making predictions! But IMD very had to call. So many variables. Now CSG drilling faces huge headwinds as environmental high court reverses earlier decisions. POG plunge has seen drillers cut costs to the bone, USA barely profitable. The list goes on. OK here goes. My thumbsuck for 2HFY13 EPS is 6cents making total of 13.9c (7.9+6). Risk is to the downside. To pay a total div of 6.5c. Assuming outlook is moderate then using PE of 8 SP could rise to around $1.10-$1.15 range. At this SP, div would equate to 5.8% ffr. If world is more stable by July/August then SP will go higher. But macro impossible to forecast with so many factors to consider.
IMD Price at posting:
$1.02 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)