LGD 1.75% 29.0¢ legend corporation limited

rbs morgans place buy recommendation on lgd, page-2

  1. 2,218 Posts.
    yes probably get some more info from the AGM early next month, and then potentially a further update (if trading is good) in December.

    If news is good from the AGM, I hope we may challenge 30c. A valuation of 37c, assuming a FY11 NPAT of 7.7 million, is still only a PE of 10.

    A fuller valuation might only be achieved either on announcements of acquisitions, or alternatively confirmation of an interim divvie in February.

    angus
 
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