PEM perilya limited
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Yep, once again technicals get in the way of fundamentals for...

  1. Blythefan
    4,645 Posts.
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    09/09/07
    11:53
    Post #: 2791259
    Yep, once again technicals get in the way of fundamentals for Russ.

    $2 would be a complete bargain to get $1 EPS - which is the consensus from 6 brokers. Some even go out on a limb and suggest $1.35.

    At $2, with 25c EPS, PEM would be paying 12% divvies in FY07-08.

    Trust me, Russ, there's NO WAY zinc is going below US$2,400/t for very long.
    PEM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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