ADA 1.96% 50.0¢ adacel technologies limited

Ann: FY16 Results Announcement-ADA.AX, page-4

  1. 5,139 Posts.
    lightbulb Created with Sketch. 788
    possibly, but I doubt it. This was over $3 when we didn't really know what we were going to achieve in these results, so if we are on a historical pe of 24, but pe before that was way, way higher and we've had the 135% increase in eps this year, lets be conservative and say we get just 50% increase on earnings for next year (personally I am hoping for a minimum of 80%), then we have an eps of 17c and a current pe of around 16, and on a fast growing company, this is quite conservative in my opinion. I would expect a forward looking pe to be around 25 while we are in fast growth mode, on this basis @ 17c eps, then I'm going with a share price to be reached in the next financial year $4.25

    All in my own opinion of course.
 
watchlist Created with Sketch. Add ADA (ASX) to my watchlist
(20min delay)
Last
50.0¢
Change
-0.010(1.96%)
Mkt cap ! $38.16M
Open High Low Value Volume
50.5¢ 50.5¢ 50.0¢ $17.03K 33.95K

Buyers (Bids)

No. Vol. Price($)
1 10627 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 5012 1
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
ADA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.