ERG 27.3% 1.4¢ eneco refresh ltd

target - $1.05, page-37

  1. 2,605 Posts.
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    re: liam now is the time to buy.... "Ofcourse it will. I expect it post a 2005 profit before tax of between $50-$65 million.
    That profit margin will grow as the systems grow"

    that's a big call walt!the stock will go up tenfold in a year if that happens.have you heard of or spoken to erg and do you know if they expect subtantial profits in 05?

    btw,erg had a 10 for 1 consolidation last year so i think it got a lot higher than $13.i'm fairly sure they also issued a lot of shares before that consolidation.

    don't own yet but i'm thinking about it.a wealthy friend of mine compared erg to transurban and said they are building the road atm.

    thanks.
 
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