The ABn Amro report is a 12 month target.
ABN Amro forecast 8.64 cents EPS for 2008, using basis of US$16K per tonne for nickel.
Currently the nickel price is US$40+.
Therefore the AGM EPS will be as follows, based in my calculation using AGMs production and costing forecasts:
EPS of 16 cents at US$23K nickel price, price target of $1.28 a share.
EPS of 23 cents at US$30K nickel price, price target of $1.84 a share.
EPS of 33 cent at current US$40K nickel price, price target of $2.20.
Sentiment BUY at 60 cents or less.
- Forums
- ASX - By Stock
- AGM
- broker recommendations
broker recommendations, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online