shares magazine quote
This is one paragraph from the article in the Feb Shares magazine special "Hot Stocks"
"The outlook for the company is very positive with the concensus analyst forecasts expecting the company to increase earnings by 87% in 2005. This has the company trading on a one year forecast p/e ratio of only 7.13 times and a PEG ratio of 0.08."
TIM was trading at p/e ratio of 13.34 times at the time of the article compared with an industry average p/e of over 15 times. So no way is TIM trading anything like what it would be if the coming years increase of 87% was already factored in.
I think that we can expect TIM to show more like a 6-70% increase IF they show in coming report that they are hitting or exceeding their targets.
TIM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held