After reading the first quarter results,confidence is growing...

After reading the first quarter results,confidence is growing that a $6m for the year is on the cards..

It means that the following was spot on the money

"Subject re: asx ann director buys 200,000 shares."they k
Posted 17/09/04 13:40 - 62 reads
Posted by alecfra
Post #369163 - in reply to msg. #369151 - splitview

this sellout was obviously picked up by directors...

"Subject as predicted
Posted 10/09/04 12:38 - 58 reads
Posted by alecfra
Post #363671 - start of thread - splitview

Peo was sold down to 15 c due to a sellout by a funds manager who unfortunately passed away.

The company has made a presentation today and in it they indicate very good progress on revenue,market penetration and suitable margins.

This stock has reached bottom and now its all up...

p.s. I took some on board as I said last night...

expect a close today of 17c up from 15c "


I suspect they have full confidence that the company will have a turnover of 100-115 m for the fiscaal year...

the last presentation I suggest was conservative...my thoughts after studying the report is a FULL YEAR profit of $6+mil..... some evidence for this theory will be in the half yearly report expected in about 30 days....

IMHO is all up from here....

Q.IF IF I am right on earnings what do you think is a fair price long term..