IMS 0.00% 69.0¢ impelus limited

When's the market going to wake up?, page-27

  1. 1,434 Posts.
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    4Bean a crystal ball would be brilliant and yes there have been some incredible gains elsewhere but it is highly risky and based on hype and ridiculous projections like MNW.

    MBE was one of those when it ran from 2c to 36 and it is now a little cash machine with huge OS growth upside, no debt, $9 mil in cash and will follow the EPS multiple of 26 as each quarter reveals the real numbers.

    My argument is I would much rather go in boots and all when my capital is safe with minimal downside on these fundamentals than punting at RANDWICK on these others that can fall out of the sky.

    Collisons have got it right IMO and probably conservative with an EBIT next FY of $8.9 mil. What do you recon the SP will do when the profit doubles in 12 months?

    It sure looks like a duck to me.
 
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