according to comsec information here goesPE ratio 22$162m market...

according to comsec information here goes

PE ratio 22
$162m market cap
47% debt to equity ratio ( reasonable gearing and coming down)
EPS forecasts 8.8c per share 2007
2008 is 12.4
2009 is 16.3
2010 is 20.7

thats based on last years mid year financial results and they have made some good purchases and some good annoucements since then so expected that will go higher

given that 8.8 is based on the shareprice today close and the profit result from Jul 07

12.4 next year points to about $3.60 a share
and closer to $7 a share by 2010 compared with $2.20 and a PE of 22 given the growth rate is solid

Add to that they are waste management to the mining industry and toxic materials processing ( industrial hazardous materials) and is making selective acquisitions ( bolt on generally) management is solid so im expecting a 100-200% return if not more over the next 3 years its forming a fairly large chunk of my portfolio in a long term basis have done a lot of research and this is one o the very quite solid performers that dont attract much attention - if they do start paying a small dividend it might go higher more quickly until then its got solid assets a reasonable long term debt that wont need refiancing for a while, tightly held stock ( so cap raisings are a possiblity) and imo ( DYOR of course) is quite undervalued