FGE 0.00% 91.5¢ forge group limited

like we said, EPS of 30cents per share with a PE 5 gets you...

  1. 1,201 Posts.
    lightbulb Created with Sketch. 12
    like we said, EPS of 30cents per share with a PE 5 gets you $1.50. Thus thats where its heading unless the market tanks bigtime which i dont see happening (therell be a pullback at some stage but no armageddon scenario as i think we've seen the bottom)

    PE 5 get you $1.50 on 30cents EPS. I cant see why that isnt acheivable over the next few months.

    Thats a near 70% share price upside if it goes to PE 5 at $1.50!

    cant complain given the risk/reward trade-off if therea a recovery in 2010.

    Barring a massive tanking of markets, thats where were heading to PE 5 times earnings at least over time
 
watchlist Created with Sketch. Add FGE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.