allomak

Very surprised that there are no posts on this company?? Recently listed and confirmed NPAT of at least $4,200,000(EPS 4.8cents = pe of 9 at todays SP) for 2007 and a forecast dividend yield of 8%. There are two very bullish broker reports from Pattersons and Fosters on their website. The group operates in the wholesale automotve aftercare market. Recent business purchases include an LPG conversion kit company that should be very successful in the current climate where there is a backlog of orders for these conversions supported by Government subsidies. Not many companies left operatring on these multiples and well worth researching IMO.