be good value in 12 months?

  1. 1,263 Posts.
    Just working through the figures on SWT, if they are expecting a profit of 1.5 million for next financial year,i work out a current market cap of $10.4 million.

    This would give them a PE ratio of just 7 come June next year. Not bad for a junior telco.

    Given that it is an emerging and fast growing telco, it is hardly likely that it will be valued at just a PE of 7 so I bought in as a medium term trade. That combined with the very real possibility that it would be a takeover target giving it more upside.



 
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