Still seems very expensive when compared against TIL a recent addition to the ASX (it's trading at a substantial discount on a forward PE basis - probably the most comparable co to BWX at the moment on the ASX)This still has someway to fall to $3.50ish or TIL based on similar forward looking multiples is underpriced. Still think the market for what these guys sell is continuing to grow not sure about focusing on the Chinese market however....
BWX Price at posting:
$4.15 Sentiment: None Disclosure: Not Held
