Hi Werd. UBS usually factor in good growth year on year whereas many other brokers factor in a more flat year on year growth.
I am with UBS at some point when we erase the losses made by USA and MVM the profit profile of the company will change dramatically.
Thats why i am holding not selling.
For interest some price targets on FNArena are Bell Potter 6.80, Ord Minnett 7.20, Morgans 6.45.
But we have to be on board with UBS or we might as well sell. No point in holding shares with no high exponential profit growth year on year.
Does any one have the UBS EPS forecasts for the next three years. That information is the key.
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