thanks for that Mike,
i use PE = 10 when earnings are stable, but of course one needs to factor in 20% rising profits, so EPS = 33 cents 2012 = $3.30 value but need to add say 20% for the growth factor = $4.
ASL has been one of my favorites for years, consistent profit improvement and i was fortunate to be holding Brandrill when they took over ,so it has been a win/win.
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