Growth stocks usually command higher pe
With this raising they basically have covered Upto 100 million in buy ups for now without upsetting the debt levels ,
Who's to say they won't spend more if the opportunity presents themselves ,they are in the box seat,
Let the profits roll in ,
Looking forward to fresh broker reports to reflect
The cash in he box,
Montgomery report mentioned eps between 21 to 25c in cy2015 give them a safe pe of 20 we get close to 5 bucks ,if they maintain there aggressive business stragedy , then a pe of 25 and eps north of 25c can be applied
If we're looking 2 to 4 years out ,,
Keep in mind they have about 4percent of the market ,so it's only early days for this company.
I'll leave the rest to your imagination ,
Add to My Watchlist
What is My Watchlist?