Ann: S&P DJ Indices Announces March Quarterly Review, page-17

Caketin as much as you want it to be there I still think we are in the same mode as 2014. This time driven by an over-sized Soph's issue and the smart money is on the sidelines or picking up bargains in the big end of town.

Again I noticed a few 50,000 lots being sold like yesterday and they are happy to sell into buying orders and don't wait.

My buying point is 53c or below - I have some money put aside but why follow the herd. I will put the stock on ignore until its gets there and if it doesn't I will review the position in June.

Personally happy to let it go below support - My last big profit here was the June 2014 period - that was really great.

As regards the business I cannot see it being bad at present and think that the full year will be good.

I agree the EPS is around 5.2c to 5.4c for 2016 but if I annualise the business to give it ownership from 1 July than I get around the 5.7c to 6c. This should easily command a 15PE and probably closer to 18. At 53 cents this is a steal... However I think the audience will only wake up after the full years earnings...

Happy to pick up more if it falls into screaming buy territory ...