Looking at previous results and converting PBT to EPS the 22m PBT should reflect a EPS of just under 7c per share for the half and this is before currency impact . The 39m PBT for year result should provide annual EPS of around 12 c so the stock trades at a PE of less than 10 tines with strong asset backing and low debt .
The stock is cheap - I repeat the stock is cheap cheap cheap
AGI Price at posting:
$1.14 Sentiment: Buy Disclosure: Held
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