Things are looking very good for DWS.
They just won't stop running!!
It looks like they will break $2 very soon.
I'm hoping for an upgrade to their full year earnings forecast to come when they report their half yearly results in Jan/Feb.
At the momment they are valued at 22 times forecast 2007 earnings of $11m in the prospectus which is similar to their major competitor Oakton.
As I have said in previous posts, DWS overshot their 2006 prospectus revenue forecast by 10% after they had the majority of the years data. If they managed to do it again in 2007 by 10%-20%, we could see them approach $2.50.
What do others think?
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