tgr is worth round $5 when plan delivers

All this takeover buzz has kind of distracted people....all you guys may also want to look at the actual business

Just to reiterate fundamentals......this is a growth company with a large capex program in last few years (already done) which delivers its earnings outcomes in 3-4 years..

Every TGR year has generally been better than the last, except for cyclical factors such as water temperature....there is no sign the cap ex plan is not delivering results

My valuation of TGR...a high growth, duopoly operator with high barriers to entry....is round a 20X PE when the business in really humming efficiently by 2014....likely EPS then is 25-30 cents...

Commsecs price target on TGR used to be high than 5$....they took that target away cause they conceded that was 2014 logic......now they have turned to short term wimps....

As a long term invester, I would very angry indeed if I'm forced to sell without extracting all of the toothpaste out of the tube.........at $2.50 I would make many Zeros of cash but that's not investing.......investing is making big kills, which most people don't believe are even possible until they happen