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  1. 01-12-2019, 12:50 PM #11
    Beagle
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    25 cents is a FY19, (which is nearly over), PE of 20 if they meet forecast. Pretty easy to make a sound case its worth more than a PE of 20 based on previous growth in very recent years and forecast growth for FY19.
    I suspect people are investing based on prospects for FY20 now.
    Last edited by Beagle; 01-12-2019 at 01:12 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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