Well the interesting point is that FLT is now trading at a forecast PE of 12
Last year it may have been trading at a PE of 17, but that was because people were already factoring in expected profit forecasts
Now those profit forecasts are real, even to match the market PE this stock should be at $24
I think once we get past the "psychological" barrier of $20 we can go for a run. I'm almost tempted to call it a BUY again, even if I called it HOLD when it reached $12
what the....., page-5
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Last
$17.51 |
Change
0.120(0.69%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.48 | $17.62 | $17.31 | $12.57M | 718.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8551 | $17.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.52 | 38 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
