IDL
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0.00% $1.27 industrea limited

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  1. TDA
    11,411 Posts.
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    21/02/10
    17:15
    Post #: 6357532
    New report out by Foster Stockbroking:

    We maintain our Buy recommendation and set our revised price target to
    $0.65/share, equal to our year-forward DCF valuation. Industrea remains our key pick in the sector. We are attracted to the IP of the mining products and the strong growth profile afforded by its leverage to coal, China and the recovery of the domestic mining sector. Industrea is trading on an undemanding FY11 PER of 6x.


    http://www.industrea.com.au/IRM/Company/ShowPage.aspx?CPID=1225&EID=26201039&PageName=Foster%20Stockbroking%20-%20Dominic%20Rose
    IDL Price at posting: $1.14 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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