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9,511 Posts.
169
30/10/15
04:54
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Centro,
their earnings after tax was $22 632 million for the first quarter,
multiplied by 4 and you get $90 528 million per annum
that gives you a P/E of way way under 60
and that doesn't count for any future growth or baby formula
how did you arrive at your P/E?
on the 25th August they announced their full year and it shot up to $100 per share
they have made in the first three months of this year approx. half of what they made last year
and last year, no free trade agreement and no baby formula,
this thing has legs,
will there be pull backs?
probably,
but will it be worth more than $175 this time next year?
almost certainly
cheers
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