BGL: Couple of days over the 2 months they said but that's ok. If I look at MTU in 2006 which had a average PE of 8 and this year it has been as high as PE 24 that is a 3 bagger just in the multiple expansion, therefore I expect BGL to get to those multiples once it cracks into the asx300 and beyond ie a market cap of $100M plus in 3 to 5 years. I'm happy with the way it is reacting technically today volume is already significantly over Fridays and it is up 8.3% when the market is down 1.2% and it is only 12pm very powerful! I still have to try to look deeper into the fundamentals so that I can try and work it out with more accuracy. At first glance of the guidance I figured eps growth to be anywhere from 0%-25% for FY11 with significant upside in FY12 and that is factoring in the 70% increase in shares outstanding (88.5M to 150M). APJAPJ that run rate of $7M EBITDA makes sense and is a good sign. Today it is reacting a lot better technically than I expected it would from looking at the guidance over the weekend, there is probably something better in between the lines that I have missed but I am very happy to hold 10% of my portfolio on this now, might increase soon.
All my posts represent my personal views only.
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Last
$1.14 |
Change
-0.020(1.72%) |
Mkt cap ! $1.471B |
Open | High | Low | Value | Volume |
$1.17 | $1.17 | $1.14 | $4.885M | 4.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 159645 | $1.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.15 | 211021 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 159645 | 1.140 |
26 | 227186 | 1.135 |
23 | 279719 | 1.130 |
18 | 140898 | 1.125 |
18 | 521526 | 1.120 |
Price($) | Vol. | No. |
---|---|---|
1.145 | 211021 | 38 |
1.150 | 295980 | 30 |
1.155 | 371209 | 28 |
1.160 | 238857 | 22 |
1.165 | 680159 | 15 |
Last trade - 11.37am 06/09/2024 (20 minute delay) ? |
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BGL (ASX) Chart |