SAI 0.00% $4.74 sai global limited

Ann: Half Yearly Statutory Report and Accounts , page-4

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  1. zwu
    2,452 Posts.
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    re: Ann: Half Yearly Statutory Report and A... Thank you, ZMan, for your views, which were actually similar as mine. I also sold my shares yesterday morning.

    I especially noticed that the predicted FY11 e/s in the announcements was "21.7-23.2c/s", which would be only about 4% above last year's 21.5c/s.

    This kind of performance cannot justify either the present or the expected p/e value well above 20! I reckon SAI is overpriced by at least 30%.

 
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