CST 2.44% 8.0¢ castile resources ltd

profit growth makes share price reasonable

  1. 853 Posts.
    I dont post on CST much, there are plenty of Guru's around who have lots of opinion. It is usually a reasonalbe thread, it's a shame it degenerated so quickly to immature name calling.

    To try and get some sense back into the question of is the current share price fair value I thought I'd rip an image from one of the other sites. To me it shows why I'm very comfortable with the current valuations. The revenues are growing at about 40% per half and have been consistently doing so for three years but the expences seem to be growing at less than 15% As you can see from this graph that was put up in Chimes the NPAT growth is starting to outstrip the costs in a very pleasant way.

    PE doesn't matter much when it's growing it's market share by 40% a half and so far has less than 5% of the market.

    Hopefully the picture helps you understand some peoples enthusiam for this share.

    Cheers
    Seik

 
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1 87651 8.0¢
 

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Price($) Vol. No.
8.9¢ 88751 1
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