Forum Archive Index - October 2000
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RE: [sharechat] Advantage P/E
Hi Peter,
Thanks for that.
John
-----Original Message-----
From: Peter Maiden [mailto:pmaiden@today.com.au]
Sent: Wednesday, 18 October 2000 10:25
To: sharechat@sharechat.co.nz
Subject: [sharechat] Advantage P/E
John
The current PE quoted of 30 on NetBroker is based on
earnings of $2.97M to June 00.
Getting sensible info out of ADV is pretty hard but if, as
they say, revenues go to $100M in 2001 and they made $6M profit on this PE
would be about 19-20. $12M profit reduces PE to 10. Take your pick.
Back to an earlier post of mine ( dot went wrong) the world
is looking for sensible stocks at sensible prices.
My feeling of ADV is that thay are now a player in a
maturing market. There will be strong growth in revenues but profit
aspirations might be hard to be met.
Still only a 150-200 price range in the future for me
Good luck
Peter
No ADV and still not tempted
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