Onyx,market shoots first then asks questions.
1.625 is the 41 ema.
So if I reduce EPS growth FY11 from 16% to 13% I still get FY11 15c EPS.
LT average multiple for DWS is 13.
Result 1.95
1.82 would be the LT average on current earnings of 14 cps.
The CEO's address was quite positive apart from the guidance you mentioned and not sure where the flatish FH11 strong 2H11 was coming from???
Have bids in the stack for the intention of accumulating LT holdings. ST A break of 1.615 could mark a trend change and strong fibb support exists at 1.57 but there is a gap at 1.495
A crucial time for chartists so have your risk reward in place but FA the company looks the goods.
Watching to see if this is just a weak hand flush or something more serious. Holding 60% of LT targets ATM.
P. Ramblings.
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