TSE 5.50% $1.06 transfield services limited

excellent opportunity ... huntley, page-3

  1. 3,698 Posts.
    ABN Amro 28/04/2008 Buy $14.25 42.5%
    Aspect Huntley 16/05/2008 Buy up to $11.40
    UBS 02/04/2008 Buy $15.00 50.0%
    Citi 02/04/2008 Buy, High Risk $14.84 48.4%
    JP Morgan 26/02/2008 Neutral $14.45 44.5%
    Macquarie 26/02/2008 Outperform $12.26 22.6%

    a return of just over 40%

    however that was before the profit downgrade

    which was in the vicinity of 12.5% so we are probably looking at EPS for the year of around .49

    I'd say the market thinks it shouldn't have a PE of 22 either but one in the vicinity of 20

    market at this moment in time thinks it is only worth between $9.80 and $10.80
 
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