Ann: Silver Chef - 31 Dec 2016 Investor Presentation 1H17, page-15

I'm calling B.S. on this report.

Yes, SIV is presently very undervalued. Yes, GoGetta's credit problems are being sorted out.

But the report assumes that the decrease in business in light commercial will be taken up by growth in other sectors of GoGetta - and then some. This simply is not going to happen, given that the majority of growth in assets was already coming from light commercial, and that the directors have stated that they are easing-up on the overall growth in GoGetta.

Secondly, Canada, while very promising, is still growing from a low base. The growth in ensuing years will be very strong, but the earnings needle won't exactly be moved just yet.

Too optimistic, and EPS of $1.03 in FY18 is simply not going to happen.
Neither do I think 90c. Be happy with an "80 something" cents/share.