salient trader Hi,on the comsec forecast page DYE is showing against next yrs profits of about 5 cents per share we are sitting on a PE of about 6 I guess if we get more news a PE of 15 is not too much of a stretch for a blue sky stock like this ...Agree ? That would place us just under a dollar per share.
Then would come the re rating following news from Tata,Pilks or Timo. Imagin if our income jumped to say 15 cents per share....$ 3 plus is possible with this stock IMHO...over the medium term.
GSL Price at posting:
35.0¢ Sentiment: ST Buy Disclosure: Held