Well the interesting point is that FLT is now trading at a forecast PE of 12
Last year it may have been trading at a PE of 17, but that was because people were already factoring in expected profit forecasts
Now those profit forecasts are real, even to match the market PE this stock should be at $24
I think once we get past the "psychological" barrier of $20 we can go for a run. I'm almost tempted to call it a BUY again, even if I called it HOLD when it reached $12
what the....., page-5
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Last
$20.76 |
Change
-0.090(0.43%) |
Mkt cap ! $4.605B | |||
| Open | High | Low | Value | Volume |
| $20.47 | $20.84 | $20.41 | $25.33M | 1.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1062 | $20.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.79 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| FLT (ASX) Chart |