re: ceo reassures me
Lets just wait till august for the results and the MDs outlook
I reckon if there are no surprises i.e 10cps EPS , a couple of new contracts and MD positive outlook for the sector, we HAVE to be back up to at least 80-90cents whichll afford the co. a P/E of 8 or 9 times.
A small cap growth co. like this in a BULL MARKET in the mining and energy sectors can trade at a P/E of 10!
There are many 'cyclical' co's whom are small cap trading at that kind of p/E
I guess like MAH did, they need to go through a stage of continuously updating the market as to the state of their order books/contracts.
In any case, i can sense that once the report comes out in august and it is confirmed that the co. has made 10 cents per share EPS, then the company will not atay at a P/E of 7, esp when '07 growth and EPS come into light.
So heres to $1.00 by september hopefully
PCG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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