pch group - the future's looking good, page-2

If PCG can mimic their last quarter and make 1.3million before tax, that would bring their entire yearly profit before tax to 4.6 million. Now if we use 65% of that will be profit after tax (that 65% I got from the half yearly report) we would end up with a sweet $3million in profit.

With 135 million shares outstanding that results in earnings of ~ 2.2c and at a share price of 20c that equates to a PE ratio of around 9. Now if we take the managements prediction of achieving 20% PA growth for the next 2 years then the story becomes even better.

I am quite excited about this revoery story. Anf may consider topping up at this price.

Any other thoughts on the stock anyone out there holding.