Wilson HTM analyst David Arter said the broking house has...

Wilson HTM analyst David Arter said the broking house has forecast a 16.6 per cent lift in earnings to $42.7 million this year.

Mr Arter said the forecast growth represented a recovery on the 2007 result that was depressed by the extreme weather events.

"The message was that they remain acquisitive and there are still good opportunities for growth, both organic and acquisitional growth," he said.

Consensus Analyst Forecasts (cents per share)
on comsec site
2007 2008 2009 2010
EPS 21.5 24.6 27.5 28.3
DPS 11.0 12.4 13.8 15.0

Number of shares: 170,827,735
Just multiply EPS by this number
eg '08 is .246 x 170,827,735 = $42,023,622



'08 up 14.4%

recent targets as of Nov 24

Macquarie $3.34
ABN Amro $3.20
Citi $3.08
UBS $4.20
Deutche $4.00

Average target
$3.56

Price on Friday, Nov 24 $2.38

possible capital gain 50%

Intrinsic value

Huntley had a figure of $3.20 and a buy at $2.75
but these are under review.

Please up date this thread as info comes to hand
thanx