Hi Ifandwhen! I haven't been in this forum for a while since I...

Hi Ifandwhen! I haven't been in this forum for a while since I have lost interest in PIH and even when it still on my watchlist I don't care too much about it. My estimation of $3.5 was solely based on the yield (30c - aprox 8.5%) which is the yield the sector is paying at the moment. I would expect the sp would be rounding the $3.5 mark for a while unless they show something on the annual report (to be delivered this month) that really surprises the market. I'm not a guru or a visionary, this is just my value perception as a "Lucky fool"...At the moment I'm curious about the annual report and I'm not investing any monies in PIH until I see more clarity and feel more confident in PIH future. ATM I believe it would be speculative to commit some monies in PIH when the rest of the sector presents more clarity and the same returns. (have a look of ENV, SPN, SKI, AIX, etc.) they're all paying 8% (give or take) and sure they are presenting more clarity. Obviously, they don't have the promising sp raise in the mid term which somehow maybe PIH more attractive, but it is just a matter of time. I would expect PIH on the $4 by end of FY09 or earlier, but not much than that...

Remember, I am just a "Lucky fool" concious that I am a Lucky fool