Hi Mike & other friends,
EPS for the FY 8.5 cents
SP 84
PE roughly 10
Company has virtually no debt
Long-term contracts
Diversified, so decreased risk
Double digit growth
Good divvie pay-out, roughly 60%
What is the current PE for other companies in this sector?
There is some institutional selling & buying and some retail investors locking in their profits. I think the sp will go further north once this has stopped.
What do others think?
Louloubell
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