When MFS got their ASX price query on the 14th January...ie a week ago, they said that their profit for 2nd half 2007 was approx 15% above the previous corresponding period. So assuming profit is still in line with guidance, how could the share price get down to 40c......a PE of less than 1. If that happens then global warming must have just accelerated and the earth is about to explode/implode.
PE of 5 min should be expected in the coming week or two assuming there are no suprises!!
PE of 10 once things get back to normal.
MFS
mfs limited
