poised for breakout ???, page-11

With Oil diving from 106 to 77 within in about a month recently things were looking grim globally, now that Merkel has been convinced by Monti and Co to get started on an overall fiscal authority for the Euro Zone last Friday our market spiked at 1230 along with the AUD and commodities. Oil is up nearly 10% in the last week which bodes well for all commodities in my opinion and hence AZG. AZG hopefully will bring the operating cash flow to the party this time and if it does I say we are in for 40c +. Looking at eps of 4-5c fy 12 which makes this very cheap at a forward PE of 3-4, should be 12+