Huntley estmates EPS falling to 22cDon't forget this is a...

Huntley estmates EPS falling to 22c

Don't forget this is a resource stock and China and India are in a super cycle
So earnings will probably grow
Ok having said that
if you put your money in the bank you'd get 6 percent
to get 22 cents you would need to have $3.60
the price of the stock is now $2...-44%...
what would you prefer
to put your money in the bank or in a company that pays minimum 11% and had the potential to grow.
way undervalued if you ask me



"Aspect Huntley rates the stock as Downgrade to Hold from Buy - Aspect Huntley''s downgrade follows the surprising move by the Government to rule against non-forestry managed investment schemes in terms of tax advantages, which reduces the attractiveness of investing in the stock.
Despite this it sees the stock as oversold at levels of around $1.80, as on its numbers a worst-case outcome is EPS falling to around 22c"