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Huntleys : Business Impact: We increase our AWE valuation 12%...

  1. freoman
    456 Posts.
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    23/06/08
    22:22
    Post #: 3897875
    Huntleys : Business Impact: We increase our AWE valuation 12% from $4.05ps to $4.55ps incorporating new long term oil, gas and A$/US$ exchange rate assumptions. We retain our 10% discount rate. FY08 and FY09 earnings forecasts rise 7% and 38% to 91cps and 77cps respectively. The valuation upgrade in conjunction with share price retreat sees our recommendation is upgraded from Hold to Buy.
    AWE Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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