re: atg - profit expectations - 2nd half?
Yeah, it’s great to see three new instos on the register and it wouldn’t surprise me at all if more were sniffing around. It looks like Austin should comfortably achieve a FY EPS of 7.5c (I’m forecasting 8c), so a fully franked div of 3c will almost certainly be payed for a yield of 8.2% at a share price of 73c. It looks like pretty good value to me so I can see why the instos are interested. Stockdoctor – I reckon FY after tax profit should be somewhere between 4.8 and 5.2 million.
ATG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
