SP1 southern cross payments ltd

Thanks Tradie & THGH - always happy to stand corrected but in...

  1. 87 Posts.
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    Thanks Tradie & THGH - always happy to stand corrected but in this case because earnings are in dollars you have to add a couple of naughts before dividing by the shares on issue. Also because my table is in quarters the quarterly EPS has to be multiplied by 120 to give the correct answer for a PE multiple of 30.
    Actually with earnings growth of this magnitude a PE multiple of 30 may be too conservative, but I had to settle on something to illustrate the potential of this remarkable company.
 
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