2008 profits

  1. 945 Posts.
    "PaperlinX announces today that preliminary unaudited reported profit after tax for the 2008 financial year is well within the current range of broker analyst expectations of $63M to $81M.
    Results will be reported on 21 August, with a live webcast at 9.30 am."
    Looks like in line with last years financials which was a 4.5% return on equity but s.p was around the $3.70 mark. If they can pull off similar results this year current share price is an absolute bargin all the way up to $2.50. Also paying around 0.09 dividend p.a which is a healthy 5.4% at current s.p.
 
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