With the conservative eps estimate of 35c/share that still gives abs a PE ratio of around 6. So ABS shares are still cheap!
Today still looks like a pretty small candle on the day chart compared to the rest! I hope we get a bigger candle tomorrow! We should!
Hey! there is another nicer report released after market! Gee! Pretty cool! That one is for the media I bet! At last the media will have something good to say about ABC for a change.
Now lets see if Macquarie upgrades its recommendation. That might get the instos back into abs.
Its a pity the downrampers scared so many away from abs! Its bad enough when they get it right. But its far worse when they get it wrong! Anyway - congratulations to holders! Yippie!
ABS
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