when will tide turn? is it on the ebb?, page-14

Hi Guys,

Back from my vacation in sunny Cyprus.

Interesting stuff one and all - thanks.

No takers on the current or future PER as opposed to what is showing in my online broker's website. Anybody care to have a stab?

My take is that it must be at round about a fair value price with no future potential priced in. Therefore, in PEG terms, it must be cheap, i.e. if the sp doesn't rise but the earnings keep on the current upward trajectory, then it becomes progressively cheaper.

Regards,