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"This thing will be either north of 200mil or takenover in 12...

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  1. 7,936 Posts.
    lightbulb Created with Sketch. 1554
    "This thing will be either north of 200mil or takenover in 12 month..."

    $200m, huh?

    To get there the market would need to value the stock at the highest P/E multiple it has ever applied to the stock (~18x) and the company would need to record Net Profit After Tax of in excess of $11m (which is double FY2018's figure and 40% higher than the previous record profit for the company).

    Can you say what is going to occur to bring about that unprecedented set circumstances?

    As for the company being taken over, the Cheetham family and their associates control the company and a number of Cheetham family members are employed by the business.
    Why would they sell out at any time over the foreseeable future?

    Some readers of your post might suspect that it contains some elements of attempted ramping of the stock.
    Last edited by madamswer: 02/09/18
 
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