TPI transpacific industries group ltd

looks like a bargain to me, page-3

  1. 2,127 Posts.
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    If you recalculate FY 10 , profit sould be around 150-170mln(refer to my previouse posting), mainly due to lower finance cost and no significant items (300mil like in 2009)

    So with 150-170 mil profit , that would make 16-19c per share.
    With not too much debt and other debt portion posponed for 4-5 years.

    Price can be 1.60-1.90;

    I think will be around 1.4 to 1.5 this week and will gradually move up as general confidence improve
 
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