STL 0.00% $1.90 stargroup limited

Ann: iCash Issues Earnings Guidance for FY 2011 , page-18

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  1. 3,507 Posts.
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    re: Ann: iCash Issues Earnings Guidance for F... Exactly....the market does take it's time with ICP. However...here's my prediction. Share price will stabilize and build from the 38 cent level...wasn't a lot of volume when it went to 34 cents. Next target ( two months ) will be 50 cents - expect large resistance as capital raising participants may just want thier money back. Then on release and confirmation of results on FEB 28th share price may spike
    to 60 cents. Worth the punt as may be 50% gain to be had in the next 4 months. Expect it to be rated on a PE of 7.5 at the minimum i.e 58.5. Wildcard is another captital raising but if it's EPS accretive with the purchase of a deployer then I would have no problem with that.
 
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