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Re: [sharechat] Dorchester Pacific

From:	Derek Watt <dkw@paradise.net.nz>
Date:	Wed, 09 Feb 2000 18:51:40 +1300

By itself a PE of 9.5 doesn't seem extraodinary.
GPG's PE is 1.6 !
Derek


At 06:40 PM 2/9/00 +1300, you wrote:
>I'm constantly amazed at how fundamentally cheap this stock is.
>
>Their intrim report shows us that their E.P.S. for the half year was 7.64
>cps.
>If we annualise this to 15.28 cps we come up with a current PE of 9.5 (based
>on their closing price of $1.45)
>
>IMHO DPC is undervalued at their current price.
>This latest announcement may well wake the market up to it.
>
>Disclosure: I own DPC shares.
>
>
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-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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References

[sharechat] Dorchester Pacific Paul Frost

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