latest acquisition, page-2

I'm a happy holder of this stock, on the face of the report it fits into IDL criteria very well EBIT of $2 mill on a PE of 5 is fine, considering IDL is trading and a PE of around 16 over forcast earnings to 30th june 07, when reading the tricom report looking at year on year profit growth taking into account the 4 previous purchases i think this fits in ideally, maybe punters were hoping for a larger purchase, when you read the report it states that they're currently looking at another purchase which fits their criterea, previously the purchases have been on a 4 PE, so 5 is fine IMO