as at 30/10/07
"Our DCF Value ($2.74) and price target $2.75 are unchanged. We continue to believe that there is from $2 to $3 per share of upside beyond our target price, to be derived from successful development of Asian Joint Ventures in particular."
NPAT $M EPS
2007a - 17.8 3.2
2008e - 21.0 3.2
2009e - 64.7 10.1
2010e - 78.9 12.4
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