great acquisiting, page-10

Hi Psych.

Yes, the good companies usually get little attention.

And yes, good result overall, but the earnings yield is only 7.5%, cash earnings y 9.3%; PE of 13 is not brilliant (just looking for some balance among the jubilation). Basically, this is a growth stock which is also a dividend payer. And growth there has been and it looks as though it will keep going. Profit retention ratio of 52% is a positive, and even higher for /cashflow.

I have been heavily invested in EAX and yesterday bought some more to top up. Just 1,440 not obtained (still outstanding at $2.00 - I'll not go higher.)

So, well done to us, and to all holders.