kong where did you get the FY08 consensus figure from? is that pre abornmals?
imo it won't go for less than $2bn or 9x
flt's share price has fallen by 30% from $32 to $23, giving it a current multiple of 9x. you can't further discount that by 30% to get 6x
every pe firm in town would be knocking down mfs's door for 6x