re PPunter23's strange reasoning.
to assume current eps at the average eps of 08-10 does not seem a reasonable guide to the future, and the market recognises that in the current price trend.
At 20p, an eps of 4p = pe 5 i.e. earnings on investment of 20%pa and
an eps of 6p = pe 3.3 ie earnings on investment of 30%pa!
A sp limit of 20p seems to me to be absurdly low.
a forward eps of 4-6p seems very likely and at 30p the earnings %pa would be 13.3 - 20%, so 30p is not unreasonable and is the current market level.
I do agree however that they have bid for work at marginal rates and that has been reflected in eps to 2010.
- Forums
- ASX - By Stock
- BYL
- anyone trade this?
anyone trade this?, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BYL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online