Pattyp,
I have mentioned this many a time. The P/E for MAK will be much higher than the average and will be at least a P/E of 20 IMO. How you think the P/E could be as low as 3-8 is beyond me.
Do yourself a favor and go and pull up 20 good companies earning a decent profit and you can bet your bottom dollar that alomost nothing will come up under a P/E of 10.
Here are some examples
osh P/E 23.1
BHP P/E 12.9
NCM P/E 28
LGL P/E 25.3
MGX P/E 20
RHC P/E 18.4
SHM P/E 16
LNN P/E 18.2
HGI P/E 11
HVN P/E 12.5
BBI P/E 22.8
ETC ETC ETC
Now that i've done all of the research for everyone I hope that no-one else decides to try and say that MAK will be below a P/E of 10. Just ridiculous IMO.
Cheers!
Champ
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