clh intrinsic value is about $1.775, page-5

hi again pandelis and dimaz

my thoughts previously expressed in this thread as to what i believed to be an approx share value based on the announced full year earnings forcast and using a pe of 10.0 (av. pe over recent years has been 9.0) gave a target price of $1.36.

without any calculations or sound reasoning provided for your much higher share price projections it could be reasonable to assume that these figures have been just plucked out of the air in order to ramp the share price.

is this true

gk