I think the SP will be around 24 to 25 cents mid year on an EPS of 2.4 cps. The unknowns however are the one-off costs of the CVA aquisition. The full benefits of the aquisition will take aropund 6 months to flow through. The earnings guidance for 2011 - 2012 after the benefits of full integration should be strong. The additional benefits of the CVA takeover are with much improved share liquidity and a practical monopoly in the fixed wireless space BGL will atttract the attention of funds and larger investors which in turn will assist in the share being re-rated. My call is 50 cents in 30 months.
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Last
$1.97 |
Change
0.005(0.25%) |
Mkt cap ! $2.319B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.98 | $1.94 | $4.322M | 2.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24632 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 56826 | 16 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |