ann: annual report, page-42

"Comparison of recent mid cap results to ABU potential"

Some well researched and interesting data, thanks Chuk.

EVN, mc $637m, p/e 243 sp .94
PRU, mc $325m p/e 11.8 sp .80
KCN, mc $323m p/e 7.8 sp $2.20
MML, mc $484m p/e 8.6 sp $2.63

Based on the figures above and using your $50m profit a year for ABU in the future, what would the projected sp be?

A p/e of 9 would make it around 13.5c with a market cap of $450m

Is my reasoning correct?

If not what would your projection be for ABU's $50m a year profit scenario, approximately?

Cheers

Go ABU!