yeah they lowered forecasts recently... "To be on the conservative side we have reduced our FY07 forecast from $1,020m to $985m, a 13% improvement on the FY06 estimate of $872m. FY07 EPS is 403.7 cps based on weighted average shares on issue of 244 million. DPS forecast remains at 210 cps, 80% franked. Interestingly in the past five years the MBL share price has had a dip in the first few months of the year and this has proven to be an opportune time to buy the stock."
So thats what im saying in 2009-2010, maybe it will pick up again 20%+ growth, so $80+ yes by then if not earlier
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macquarie bank limited
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