still trying to enter, page-4

I've made no predictions on a bottom - I dont invest that way. I've not looked at a single chart, and don't even know how to read them. In fact, I mentioned earlier that its only due to circumstance that I didnt jump in @ $7.30 or so - and would have been equally happy had I done so. Ill take such luck in my stride with a wry smile, but its just luck.

What I am investing in FLT for is the expectation of $80- $100m (revised) NPAT on a current market cap of $600m odd. Thats NPAT! Not EBITDA...!!
That NPAT has good growth potential, and carries minimal short term risk with an above average margin of safety for me, given the debt position, strong brand and quality of management.

I believe the upside of FLT in the medium - long term is 2-3x current SP. It might be 1-3 years hence, but that is just perfect for me!