Ann: Media Release - AVJennings Delivers Strong Results, page-9

I have looked through the results more thoroughly and I think I was a little harsh......it is apparent with the adjustments for writebacks that prior earnings were inflated, and we should have taken that into account in the valutions...i.e EPS for 2017 was somewhat inflated even though it was down on PCP.........so underlying growth seems fine for this year 2018 or about 20%......albeit predictions of $60m+ PBT earnings seem high and they will possible come in around the 2016 earnings level from what i can see.......but that gives a PE of 7x which I think it still very cheap...