MMS 0.38% $15.69 mcmillan shakespeare limited

re: what do you reckon, page-16

  1. 389 Posts.
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    re: what do you reckon MMS:That eps 66 cents is my very conservative calculation for the entire business I actuallly wouldn't be surprised if it gets up to nearly 80 cents per share these guys tend to under promise and over deliver so I'd expect a large up side move on higher volume on any guidance they give or FY11 annual report (which I expect to be out in August), I think this company has a boring name and a hard to understand business that they are in which is why they are trading on a low multiple I believe these guys deserve a multiple of 25 and they will have that some day I think as the institutions start to get onto it I hold just over 10% of my portfolio in MMS and am very happy to do so, it reminds me of an American comapny called Paychex. Brilliant company with a strong competitive advantage.

    All my posts represent my personal views only.


 
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