PEM isn't looking so hot.
There was a 2007 forecast of $104M NPAT in the Aust Fin Review today. That's about 50 cents EPS.
On a PER of 8 = $4. PER of 6 = $3.
Me, I don't hold.
Rare loss for me. Just take your losses and move on for me.
Put some of the money into SIM at 64 last week and today is 90 cents.
Always an opportunity on the ASX.
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PEM isn't looking so hot.There was a 2007 forecast of $104M NPAT...
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