re: ***10..9..8..7..6..5..to goblin Hi Goblin,I'm a keen...

re: ***10..9..8..7..6..5..to goblin Hi Goblin,
I'm a keen follower of your posts. I would like to know why it is a buy at very high P/E & 52 wk high SP. You insight is much appreciated.
pantula

BCA
Key Measures
VALUE Company All Ords Sector
P/E ratio 32.66 16.01 19.78
P/B ratio 1.92 2.10 1.94
P/E Growth ratio 1.05 1.35 1.05
P/S Growth ratio 3.75 2.00 2.04



INCOME Company All Ords Sector
Dividend yield -- 4.3% 5.4%
Franking --
Tax adjusted dividend yield 0.0% 3.0% 4.0%
Dividend stability -- 98.0% 100.0%


RISK Company All Ords Sector
Beta 1.90 0.95 2.00
Current ratio 0.62 1.58 1.72
Quick ratio 0.58 1.04 1.43
Earnings stability 58.2% 71.1% 60.7%
Debt/Equity ratio 3.6% 34.8% 0.1%
Interest Cover 14.19 5.69 -1.00





GROWTH RATES 10yr 5yr 1yr 2yr Fcst
Sales -- 8.6% 8.9%
Cashflow -- 18.6% 102.9%
Earnings -- -0.2% 120.3% 31.1%
Dividends -- -- -- --
Book Value -- -3.7% -25.4%




Previous Close 52 week high 52 week low
3.23 3.25 2.10
P/E Ratio
32.66
Sector
Software & Services
Market Capital
$737 million




Total Shareholder Return
(avg annual rate)
1yr 3yr 5yr 10yr
41.7% -18.2% -4.6% --




Earnings and Dividends Forecast (cents per share)
Curr 2004 2005 --
EPS 9.2 12.9 15.8 --
DPS -- 11.0 15.0 --




Index Participation
Index Name Weight
S&P/ASX 200 0.10%
S&P/ASX 300 0.09%
All Ordinaries 0.09%
S&P/ASX Small Ords 1.07%
Software (200) 24.54%
Software (300) 18.13%
S&P/ASX 200 Indus 0.11%
S&P/ASX 300 Indus 0.11%
S&P/ASX Small Indus 1.28%