I have been veiwing hotcopper forums for a coupel of years now however never felt the need to post my opinions until now.
The market has been short selling this stock of late hence the bottom of $2.04.
Brokers have finally cottoned on to the future outlook of this company and the fact that it is significantly undervalued by increasing to a STRONG BUY.
EPS forecast is a a conservative 27 cents. Resulting in P/E of just 9.60
Reliable earnings model - coupled with a cost base reduction program.
Fantastic acquisition of the Broadsword marine business - that is likely to add a further 6 cents EPS FY13/14 after debt cost.
In my opinion - SKE to break through $4 within the next 12 months.
Interested to hear other investors thoughts on SKE.
- Forums
- ASX - By Stock
- SKE
- upgarded to strong buy
upgarded to strong buy
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)