profit upgrade

  1. 7,620 Posts.
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    Continues to upgrade profits, on latest guidance of 7.0 million before tax for period ended 30/06/06 i put it at annual eps of 13c and 7.5c for second half. This equates to a per of less than 10 with growth continuing due to a strong order book. This stock should be on a per of 15 like peers such as UGL, DOW, MAH and co. I predict as market confidence in its ability to generate constant growth are realised we will see it get to that sort of ration. at 13 cps a per of 15 gives nearly $2 a share which is my target for this stock.
 
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Currently unlisted public company.

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