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I figure they will make NPAT about NZ$11.5m in 2017, so that...

  1. gosouth
    3,050 Posts.
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    01/11/16
    21:53
    Post #: 20294582
    I figure they will make NPAT about NZ$11.5m in 2017, so that puts them on a forward P/E of 21 or so.
    This seems a deserved P/E with their growth profile to me, so maybe they will bottom somewhere here.
    To be honest I haven't seen much on screen buying (and not much available to buy either) , the Aussie funds are sitting back I think.
    Gosouth
    TIL Price at posting: $3.25 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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