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On the assumption that the next 3 quarters are similar to Q1 of...

  1. 716 Posts.
    On the assumption that the next 3 quarters are similar to Q1 of the 2007 FY I calculate next year's PE ration at around 3-3.5. For lucky holders, even those who bought only 2-3 months ago, as I did, that puts the PE in the region of 2-2.5.

    Now thats what I call a margin of safety!

 
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