$1.00 target? So you reckon a forward P/E of 14.7 is enough for a share with 48% revenue growth, 114% NPAT growth and the possibility of an additional $7m, high margin, automation project on the cards for '08? Looking at past figures (when another major automation project was underway), I think EBIT margins for the automation projects could be up around the 30% margin, so add that to your calcs...
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