HDX hughes drilling limited
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BAILLIEU HOLST RESEARCH are covering Hughes and have a target of...

  1. dazzler
    3,611 Posts.
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    12/11/13
    01:06
    Post #: 12555851

    BAILLIEU HOLST RESEARCH are covering Hughes and have a target of 0.54c.

    Their analysis suggests 2014 income to rise to 130M, profit to rise to 18.2M

    Also predicting a dividend in 2015

    They are using a low multiplier of 3.5 x EBITDA to get the price target so its conservative.

    Dazzler
    HDX Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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