Quote Originally Posted by steve fleming View Post
Nice work Liz, i have to admit I was dubious as to where its top-line growth was going to come from - but looks like I was wrong with those concerns.

You are in good company with your analysis / targets - see the latest Boat Fund post on FB:

"
EPS since 2007 have gone from 1.5c and this year are forecast to come in at almost 12c (up 40% from 2011) with a 7c ff dividend. Revenue is up 20% with ROE of 30% and negligible debt. SNL is probably worth around $1.35, so there's probably a bit more left in this one."
Oh dear, that Boat Fund is everywhere... if all the quiet corners get invaded, will we have too much efficiency in the small caps and lose our edge?