Thanks jazz.
For some reason I thought last years EPS was 40. Just went back a read last year's report:
Earnings per share before goodwill amortisation: 28.6
Earnings per share: 24.7
A 20% drop in profit from last year would mean a FY05 EPS of 19.76 and a PE of 12.25.
I think its time for these jokers a PPX to go!
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