fin review, page-9

Great posts Analyser but wooaahh on your numbers...

TOX was firmly in the sin bin 2 years ago. It takes 2-4 years of demonstrable growth before the market is going to be prepared to pay 20x for TOX. Have a look at SHV...it took 10 years of solid growth before the market was prepared to pay 20x on that one.

TOX is in a much more sexy industry. So it may be that in a year or two the market will be prepared to pay 20x earnings in May/June for a year's earnings to that same June. I.e. In a year's time the market may be prepared to pay 15x the 1.4c expected for '07fy = 21c. And then in May/June '08 it may finally be prepared to pay 20x the 2+c (40c) that it COULD (not will) earn in 2008fy.

Salty: enough already about Analyser. If you've got something good to contribute to the TOX discussion, that's great, but otherwise please stop polluting this board. Challange Analyser to a duel or something, but please don't do it here.