I'm looking for EPS 0f 8c this FY and 10-12 c next FY. In my view a current valuation $1.20, rising to at least $1.50 - $1.80.
Re Oil and Gas, my understanding is that they have written off the 30% ownership of Vaughan Energy Services but not sold it yet. so there might still be an opportunity for an abnormal gain that would go straight to the profit line.
IMD Price at posting:
94.0¢ Sentiment: Buy Disclosure: Held
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