CIY 0.00% 3.6¢ city pacific limited

basic financials..

  1. 513 Posts.
    I have been doing some more research on City Pacific at i'm still in shock. On the closing price yesterday at $4.25, this company is still bloody cheap when you value a company on the estimated earnings for 04. The projected PE and divdend yield on latest estimates, make this thing a steal at $4.25. I picked some up in the low $3's after Huntley's report.

    Basic Financials
    03 04e
    NPAT 12.4M 25M
    Rev 22.7M 51M
    EPS 20.91 40.8
    DPS 15 30

    I must admit, it does look to good to be true. Time will tell. Any opinions?

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