another day another valuation upgrade!

Hi

BGF securities has further upgraded MTU valuation price target to $4.10 without the impact of the ACCC ruling due shortly which could add a further 75 c/share!

BGF predicts full year divy of 15 cents. Strong cash flows and earnings momentum to continue. Further acquisitions = continued organic and acquisition driven growth. And they still have round only 1% share of their target market!

Go MTU :-)

http://m2.com.au/__data/assets/pdf_file/0011/10037/BGF-11_MTU1H11_0301-1H11-Results.pdf

SD