AJL 0.00% 0.9¢ aj lucas group limited

igas, page-14

  1. 591 Posts.
    Nice OneTobyJack!

    I especially like

    "bank’s current ‘blue sky’ estimates the company could be worth up to 1,700% more than what’s being priced in currently."

    I think the main reason that AJL are priced at current levels is that the market place sees it as an engineering / capital goods company. It it re-rated 17x I wonder if it would be reclassified as 'Energy' - not that I would care if the sp was $24.
 
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