Colorpak Limited - CKL

[Lizard]

Result out - earnings of 6.28cps. Share price 53cps. Puts it on a P/E of 8.4.

Since second half NPAT was $2.7m - an increase on first half of $0.4m, attributed to ongoing efficiency gains - and since the outlook is for "continued growth", a FY08 result of $5.8 - $6.0m would seem possible. That would put it on a forward P/E of around 7.3.

While the metrics don't suggest this could be seen as a "growth" share, it would certainly seem quite good value around here.

Discl: None held

[Z_Man]

Hi Lizard,

I recently started a thread on these: http://www.sharetrader.co.nz/showthread.php?t=4743 , but I know it can be hard to find threads with the new user interface.

Short brr audio presentation also just released:
http://www.brr.com.au/event/CKL/834/26836/wmp/vkel920ram




While the metrics don't suggest this could be seen as a "growth" share, it would certainly seem quite good value around here.



Looking at their historical revenue chart in the results, revenue has grown by over 10% p.a. average for over 20 years. Thats not bad growth, certainly shouldnt be given a sub 10 pe, 12 would be more reasonable.

[Lizard]

Thanks Z-man. Sorry I missed your thread! I'll move my post over there for you :)