Hi,
UXC just reported their half year result post market close.
Their EPS was 2.3 cents which if you were to annualise comes to 4.6 cents.
If we apply a PEearning of 15 times (which is fairly conservative for a technology company) we get 69 cents.
Today they closed at 58 cents.
Does anyone think they may go upa bit tomorrow?
There is a 19% increase from 58 cents to 69 cents.
Let me know what you think!!
Cheers!