MSC 0.00% 6.4¢ minerals corporation limited

Steve50Lets go back to your calculations from 15/9/08. You were...

  1. 213 Posts.
    Steve50

    Lets go back to your calculations from 15/9/08. You were very optimistic. Based on today's announcement, we can only expect earnings of about 10% your number i.e. 120 mill. And lets take a more realistic pe of say 5. That gives us a sp of 24c. Now, while I am tempted to chastise you for exaggerating (should I say ramping) the stock (as k9 did - who is hopefully sucking on his bone in solitary), you will not be surprised to learn that I would be quite happy with this outcome! I am even starting to regret not toping up during the recent dip.

    Fly
 
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