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I know it refers to FY14. But given the higher growth forecast...

  1. peterdoobes
    2,476 Posts.
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    24/10/13
    10:20
    Post #: 12479981
    I know it refers to FY14. But given the higher growth forecast for FY15 I think it is worthwhile to take the average of broker forecasts for FY15, say it should trade at a PE of say 20 by then and discount it back one year. If we expected steady growth from FY13 to FY15 that wouldn't be necessary
    EAX Price at posting: $3.79 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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