Vita Group Ltd forms bullish "Ascending Continuation Triangle" chart pattern, page-16

VTG is clearly undervalued at current prices .
I am not sure where you got your PE of 35 from . Current PE is 21 and is forecast FY17 PE is 15

The company will close off their books in another 6 weeks time and we'll see the results of those a couple of months later . I think everyone will be pleasantly surprised on the upside .Current forecast are for a whopping 71% increase on earnings . No better way to reduce the PE

VTG is still in my best 15 to 20 stocks on the entire ASX currently