profit upgrade gains momentum

In 1HFY11 LGD ann a decent increase in EPS coupled with a halving in debt from 8m to 4.1m. Company's recent update states NPAT in 2HFY11 is on track to rise 15-18%. I reckon the higher figure is likely. Hence, expect a 1-1.2c final div in late august. If mkt softens over next 2 months it's probable LGD will drop under 30c. But I've decided to not wait and bought my allocation over past 2 days at 30.5c. I believe stks such as LGD,CDA,BOL,DWS remain under the radar and present good buying opportunities at current prices. All have recent updates which provide me with confidence.