FEA 0.00% 4.5¢ forest enterprises australia limited

moving up on 52 week high, page-3

  1. 5,784 Posts.
    Dazzler, great turnaround the past 3 periods, particularly the second half of last year. All key measures grew strongly. Might have a lot more left in it too over the longer term.

    Priced for growth now at a pe of 22 but if the first half continues where last half of 2004 left off then may be cheap still (first half appears to be 'weaker' than 2nd based on recent history so need to compare corresponding periods).

    If you have any eps forcasts for 1st half 2005 please post.

    all the best
 
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