Kengaikl,
Agree with you on debt situation but where do you source your profits figures from?
UBS have net profit for year-end 2009, 2010 and 2011 at A$17m, A$78m and A$118m resectively. Their EPS figures are 1 cent, 2 cents and 3 cents respectively. Respective PES are therefore (based on SP of 28) 28, 14, 9.3.
Any other broker forecasts gratefully received by anyone.