Forum Archive Index - June 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

Readers, before proceeding, please read the Disclaimer at the end of this page.

 

 

Prices of DAD and BCH could result in an increase of the share price of CLH.

 

Currently, the P/E of BCH is about 56 on a share price of about $ NZ 12.60. The projected P/E for the year up to June 30, 2002, is about 49.

 

My post of April 23, 2001,14.27 hrs, in item 7, projects a P/E of 28 for CLH in the same period.

 

This was based on a share price of $ A 4.40. On June 24, the price was $A 5.10.This will increase the projected P/E to 32.

 

Thus, the P/E of CLH @ 32 competes with the P/E of BCH @ 49 in the year to June 30, 2002.

 

While BCH is more advanced, I can see the P/E of CLH and thus its share price increasing. It will try to bridge that gap between the 2 P/E's.

 

Provided we do get the projected profits, CLH holders can expect more good news in the next financial year!   

Their web site: < www.collectionhouse.com.au >

 

Gerry

Holds CLH. Share price now: $ 5.27( +16 cents )

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Readers are not asked to buy, hold or sell CLH or BCH. To do so will be entirely at their own risk.