CUS 5.13% 7.4¢ copper search limited

blockbuster announcements - madien profit , page-3

  1. 3,494 Posts.
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    Well onboard Baraka...I have been riding them since July last year when they were 85 cents (.085 ) before the capital consolidation. It's a serious cash machine and Wildash the CEO has done an amazing effort to postion CUS as the lowest cost / most efficient ATM operator in the market. Basically
    given his many years of experience in the industry he has worked on the model to maximise revenue, minimise costs but still give a superior level of service. With this in place now more opportunities will follow....i.e consolidation in the industry, fee for service deals with the banks for example.

    Target price by latest report form ORD MINNET was 3.14 on a PE on 10 for FY end 2010...but I think the market would easily take a PE of 12 now and that's being conservative..$3.76

 
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