The following brokers assign EPS for AGM as follows:
Shaw forecast EPS of 8.9c in 2008/09 on a nickel price of $26,000.
ABN Amro come in at 9.5c at $17,700, Tolhurst at 10c on $22,000. Fox Davies forecast 20c at $35,400.
In summary, everyone is having a "best guesstimate".
AGM is highly leveraged to the nickel price. The current price of 73c is undervalued if nickel stays around $30,000 per tonne. If nickel drops in price from here, AGM is fully valued or even overpriced at 73c. Everyone has to make up their own mind as to where the nickel price might be in the next 12-18 months. That will determine if you buy, hold or sell AGM.
The following brokers assign EPS for AGM as follows:Shaw...
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