Ann: JSW Acquisition and FY13 Results Presentatio, page-5

re: Ann: JSW Acquisition and FY13 Results Pre... I figure if HDX made $10.3M NPAT in 2013 from $80M revenue, then in 2014 from $130M revenue they should make... $16.7M?
assuming the same operating margin applies across the expanded business (probably not the case, but ok for a starting assumption?).

So current market cap $69M gives P/E of 4.1 on potential 2014 earnings.. cheap as chips!

I think HDX is starting to get on the radar of the small cap insto's and newsletters so its market cap expansion and broadened business structure is starting to look attractive.

So... I agree... HDX looks very good and ready to rev up.
Very happy to have in my super fund right now.

Cheers
Gosouth