BGL: Couple of days over the 2 months they said but that's ok. If I look at MTU in 2006 which had a average PE of 8 and this year it has been as high as PE 24 that is a 3 bagger just in the multiple expansion, therefore I expect BGL to get to those multiples once it cracks into the asx300 and beyond ie a market cap of $100M plus in 3 to 5 years. I'm happy with the way it is reacting technically today volume is already significantly over Fridays and it is up 8.3% when the market is down 1.2% and it is only 12pm very powerful! I still have to try to look deeper into the fundamentals so that I can try and work it out with more accuracy. At first glance of the guidance I figured eps growth to be anywhere from 0%-25% for FY11 with significant upside in FY12 and that is factoring in the 70% increase in shares outstanding (88.5M to 150M). APJAPJ that run rate of $7M EBITDA makes sense and is a good sign. Today it is reacting a lot better technically than I expected it would from looking at the guidance over the weekend, there is probably something better in between the lines that I have missed but I am very happy to hold 10% of my portfolio on this now, might increase soon.
All my posts represent my personal views only.
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Last
$1.33 |
Change
-0.070(5.00%) |
Mkt cap ! $1.565B |
Open | High | Low | Value | Volume |
$1.38 | $1.39 | $1.31 | $30.28M | 22.74M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $1.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.34 | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.330 |
3 | 69759 | 1.325 |
12 | 153074 | 1.320 |
11 | 273361 | 1.315 |
21 | 215118 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.335 | 300000 | 1 |
1.340 | 116938 | 2 |
1.345 | 56938 | 1 |
1.350 | 71387 | 4 |
1.355 | 64938 | 2 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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