LBL 1.41% 70.0¢ laserbond limited

I like this formula by uncle Ben Graham....It saved me from...

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    I like this formula by uncle Ben Graham....It saved me from selling good businesses too early.
    If we expect LBL to grow earnings at a "modest" 20% , it should have an MC around $130m.....With its current MC the market is is expecting a 10% growth.
    EBITDA margin 0f 22% & Net Profit margin 12%......These are elite margins implying good pricing power.
    It appears expensive , but it is far from overvalued.
    May be far from an ideal entry point, but a solid hold for FF dividend & capital growth.
 
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