Forum Archive Index - April 2001

["Joanne James" <jojames@ihug.co.nz>]

Compare SMR and ITC both have very similar investments.

 

 

ITC  shares on issue 171m at 18.5c, earnings per share 2.6c, p/e 7

SMR shares on issue 172m at 6c, earnings per share 3.2c, p/e 2.5

 

to make the capitalization and p/e ratio of these two shares equal, Strathmore share price would have to treble.

However, I think that ITC is worth 15c and SMR ought to be about the same.

Just bought 40,000 at 6c not much of an out lay.