BLV
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0.00% 1.6¢ blossomvale holdings ltd

This is an excerpt from today's Market Daily -Last price $0.55...

  1. Apache022
    424 Posts.
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    26/06/09
    09:23
    Post #: 5326163
    This is an excerpt from today's Market Daily -

    Last price $0.55 Target price $0.61 BUY

    NMS is trading at 7.9x FY10F normalised EPS following a $40m capital raising to fund growth. Our price target is 12.9% lower at $0.61/sh on account of dilution into next year with upside risk pending clarity on capital deployment. We highlight the balance sheet is well poised for more growth and therefore retain the BUY recommendation.
    NMS Price at posting: 22.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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