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market depth, page-9

  1. 864 Posts.
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    All stocks with as much gearing as this one are getting hamerred this is just the name of the game at the moment. The interest charge will go up a fair bit given the borrowigns are floating rate.

    Forward PE based on current share price and last company announcement is around 5.1 which still looks encouraging if they can meet their growth targets.

    Div yield of 8% as a bonus prize ain't bad either IMO.

    Regardless of the above it would still be much safer to jump in on any uptrend IMO. Doesn't really matter if you don't hit the bottom of the cycle, but certainly one to watch.
 
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6.5¢ 243923 1
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