Got to admit the number provided by PAC seems very optimistic. EPS of .49c for 17FY and 1.51c for 18FY. Average P/E on the ASX is about 15 therefore we are looking at 1.5c x 15 = 22c per share in 2018.
Please Zman don't tell me PAC 's estimates are achievable as I might put one of my kidneys up for sale on Ebay.
For the time being.....I'll be content with a 10% dividend and a share price of 6c by June 17.
One more question...with the ATM machines....is there room for organic growth or do you have to acquire the licences (similar to the pokie machines i guess) from another provider before you can install the machines?
Thanks again.
Add to My Watchlist
What is My Watchlist?