By my calculations....EPS is no more than 5.5c this FY (excluding development plan costs i.e. more drillings which could easily bring the EPS down to 2.5c).
Exploration permits in south thailand is highly risky due to terrorist activities and civil unrest. It is next to Malaysia afterall. Civil unrests in the south have been on going for years.
Once again the analysts have stuffed up their estimates by woefully overestimating the EPS. I wonder how much they earn?
Not touching this overpriced share.
9876 you pick it well. up or down tomorrow, page-140
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