PAC 0.37% $10.77 pacific current group limited

Commentary from Wilson Asset Management, page-6

  1. 407 Posts.
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    Hi Lost & Fidosnos

    I think I have posted this link previously to 4-Traders. It gives a view of 1 broker's analysis of PAC's prospects for the next 3 years. My recollection to who the broker might be that contributed this data, is that it is a reputable Australian broker.

    http://www.4-traders.com/PACIFIC-CURRENT-GROUP-LTD-24695448/financials/

    You can see that the forecast for 12 months out is for eps of 43cps. On a P/E ratio of say 20 (due to a 2-3 year growth profile), this would give a valuation of $8.60. Based on WAM's modus operandi, I think they would normally be looking for an increase in value of 20-30% over the next 12 months, which ties in with the 4-Traders analysis. On this basis, I think a reasonable valuation 12 months out is in the range of $8 to $9.

    Regards Westwind
 
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Last
$10.77
Change
-0.040(0.37%)
Mkt cap ! $566.3M
Open High Low Value Volume
$10.76 $10.88 $10.61 $1.247M 115.7K

Buyers (Bids)

No. Vol. Price($)
1 1755 $10.61
 

Sellers (Offers)

Price($) Vol. No.
$10.80 4131 1
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