SIQ 0.26% $7.77 smartgroup corporation ltd

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    @platman

    As little as 5 weeks ago Morgan’s Stockbrokers put out a note on SIQ

    Morgan’s SP target is $10.20 ( the share price when the report was issued was $8.90). Since then the share price has fallen as of this morning to $7.95.

    Morgan’s EPS estimate is $0.64 for CY’19 which means as at this mornings price it is trading at 12.4x P/E.
    This is the lowest P/E since 2015

    I think I will top up again after my little top up yesterday at $8.03

    Cheers.......Daicosisgod
 
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