EPS forecast FY07 is 3.8c which at current SP is a PE of 13...this is a low PE for a company growing at 20-25% PA.
A PE of 15 supports a SP of 57c....
Latest broker research has a forecast FY08 EPS of 5.1c at a PE of 13=66c SP
A PE of 15 (fair value) on FY08 forcast supports a 76c SP
I see today a director has purchased more at 53c
I am buying more at current prices which reflect market sentiment rather than current and future prospects.
As always DYOR
EPS forecast FY07 is 3.8c which at current SP is a PE of...
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