SRX sierra rutile holdings limited

facts please eps aregoing up alot

  1. 2,773 Posts.
    Sirtex is now earning more in each quarter than it used to earn in entire year, which happened as little as a year ago. For any compnay with this type of eps, which is accelerating this much, I feel that at current price of 7.20, which is a P.E of 21.7 x last years earnings and and 13 x next years earnings the current price is going to be rerated in the very short term upwards to a P.E at least 16 x next years eps. This equates to a sp of $10-11. That is why I most recently added shares at $7.17. I have been averaging up.Do as you may, but that is my opinion.
 
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