Shaw is also saying that this could be an exit opportunity.They...

Shaw is also saying that this could be an exit opportunity.
They don't seem too confident about the longer term.
Maybe they got burnt on this one.
I'm of the opposite view and it should test 30c before the end of the year.
If it starts paying a div again like implied then an even higher price is possible.
At eps of 2.3-2.6c in 04 thats a forward pe of 10-12 some would say it's fair value right now so apart from the positive sentiment at the moment in singapore they would need to have more positive surprises to hold any gains.